Donald Trump’s media company – which owns the Truth Social platform favored by the US president – posted a $238m loss in the second quarter.
Trump Media & Technology on Monday reported that losses in the three months through June came as the company branched into new ventures including crypto. The company’s new chief executive, Kevin McGurn, announced at a conference call about the earnings that after a yearlong effort to expand into online betting and crypto, the company would be refocusing on social media.
“We made the disciplined choice to pivot in order to invest more time and resources in our most important initiatives,” McGurn said. “We will say no to things or change course as warranted.”
One key to the company’s new approach will be a a service called Truth API which will sell early access to Truth Social posts by Trump and other top users to Wall Street trading firms – allowing them to profit from the moves in stocks, bonds and interest that often follow major policy announcements from Trump on the platform.




Flanked by top health officials including Health Secretary Robert F. Kennedy Jr., President Trump unveiled a federal policy that looked skeptically at childhood vaccination.
Israel has rejected US President Donald Trump's 15-point plan for Gaza and will not withdraw until Hamas fully disarms, Prime Minister Benjamin Netanyahu said on Sunday.
Gerson Turcios didn’t recognise the men standing next to a couple of dark SUVs outside his house one July afternoon last year. He figured they were lost and approached to see if he could help. A slim 23-year-old with short dark hair and big brown eyes, Turcios had just finished work mowing lawns in the pretty town of Rhinebeck, in New York’s Hudson Valley. The men asked if he knew someone called Jimmy – he did, but Jimmy hadn’t lived in the small, white weatherboard house with Turcios, his brother and his brother’s girlfriend for a while.
Lake Mead, the largest reservoir in the United States, has plummeted to its lowest water level since it was filled some 90 years ago, the latest sign of a deepening water crisis in the American west.





























