_trump-media-amp-technology-group-posts-net-loss-in-first-quarter-as-the-truth-social-parent-company-pursues-mergers-stre.jpg "Trump Media & Technology Group Posts Net Loss in First Quarter as the Truth Social Parent Company Pursues Mergers, Streaming Opportunities from আলাদিন পর্ব 300 Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:41
👁 View: 15K times
✓ Published: 22-May-2024
👁 View: 15K times
✓ Published: 22-May-2024
Description:
Trump Media & Technology Group, the parent company of Donald Trump's Truth Social network, reported a net loss of over $300 million and total revenue of more than $770,000 in its first fiscal quarter. DJT shares were relatively flat in post-market trading following the earnings report's release. TMTG also said it signed contracts with a data center partner and hardware vendor to launch Truth Social's TV streaming platform in three phases. CEO Devin Nunes said the company is exploring potential mergers and acquisitions to expand Truth Social and develop its own content delivery network for the TV streaming platform.
Trump Media & Technology Group, the parent company of Donald Trump's Truth Social network, reported a net loss of over $300 million and total revenue of more than $770,000 in its first fiscal quarter. DJT shares were relatively flat in post-market trading following the earnings report's release. TMTG also said it signed contracts with a data center partner and hardware vendor to launch Truth Social's TV streaming platform in three phases. CEO Devin Nunes said the company is exploring potential mergers and acquisitions to expand Truth Social and develop its own content delivery network for the TV streaming platform.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_hubble-discovery-black-hole-twists-star-into-donut-shape.webp "NASA's Hubble Space Telescope has discovered a tidal disruption event 300 million light years away. The donut shaped remains of a star were found around a hungry black hole. <br/><br/>Credit: NASA's Goddard Space Flight Center")
_federal-government-defends-the-scope-of-new-budget.webp "After presenting a budget aimed at assisting households with rising costs, the federal government is now defending the scope of its support measures. The promise of a $300 rebate on energy bills for everyone, coupled with tax incentives for new green energy projects, has sparked a debate over the distribution of financial aid and whether it should be targeted to those who need it most. National Affairs Editor Melissa Clarke will provide more insights into this ongoing debate.")
_the-israel-army-ordered-a-new-incursion-into-rafah.webp "At least 106 civilians were killed and <br/>300 wounded in attacks by the zionist regime of Israel since the latest incursion in Rafah that started two weeks ago. teleSUR<br/><br/>Visit our website: https://www.telesurenglish.net/ Watch our videos here: https://videos.telesurenglish.net/en")
_the-israel-army-ordered-a-new-incursion-into-rafah.webp "At least 106 civilians were killed and 300 wounded in attacks by the zionist regime of Israel since the latest incursion in Rafah that started two weeks ago. teleSUR<br/><br/>Visit our website: https://www.telesurenglish.net/ Watch our videos here: https://videos.telesurenglish.net/en")
_hubble-discovery-black-hole-twists-star-into-donut-shape.jpg)
_federal-government-defends-the-scope-of-new-budget.jpg)
_the-israel-army-ordered-a-new-incursion-into-rafah.jpg)
_the-israel-army-ordered-a-new-incursion-into-rafah.jpg)
![[+]](/images/menu.gif){kind=small}