More than 10 firms pay up to $100,000 a month for fast access to Truth Social posts

Read the original at BBC News ↗
Cite

Chia, O. (2026, August 11). More than 10 firms pay up to $100,000 a month for fast access to Truth Social posts. BBC News. https://www.bbc.co.uk/news/articles/ce3q5nxpgk1o?at_medium=RSS&at_campaign=rss

Dated when The Aporia collected the article, usually within hours of publication. Check the original for its exact date and byline.

BBC News · collected 2026-08-11 · by Osmond Chia

Quick Summary

Trump Media's service, Truth API, allows more than 10 firms to access faster posts from influential accounts on its Truth Social platform for between $60,000-$100,000 per month. The company reported a loss of $238m in the second quarter, but interim CEO Kevin McGurn believes the new revenue stream will be "meaningful" and "durable". Trump Media's quarterly losses are more than 10 times those of the same period last year, with the bulk of its losses coming from its cryptocurrency strategy. The company is diversifying beyond crypto, including expanding into social media ventures and clean-energy investments.
Written locally by qwen2.5:14b on 2026-08-21, using this article's own text rather than the other coverage of the same event (that is the story summary below).

AI analysis runs on qwen2.5:14b, locally

Story summary

Donald Trump's company, TMTG, is facing a lawsuit over its Truth API service, which offers fast access to posts on Trump's Truth Social platform for up to $100,000 per month. The service was launched in August and has already signed up more than 10 high-frequency trading firms, who pay between $60,000-$100,000 per month for the privilege of seeing Trump's posts before the general public. The lawsuit, filed by The Intercept and Freedom of the Press Foundation in New York federal court, argues that this setup is "extraordinary, corrupt and unconstitutional" because it gives paying clients an unfair advantage in accessing market-sensitive information. The plaintiffs claim that this has already happened with significant events, such as Trump's announcements about the Iran war, which can move financial markets. TMTG has dismissed the concerns, calling the lawsuit a attempt to censor the president by "left-wing activists".

Written for “Trump's Truth Social Access Fee” on 2026-10-16, grounded in this article and the 1 other(s) covering the same event.

Story

📰 Trump's Truth Social Access Fee
Technology · 2 article(s) covering the same event. See how they differ ↓

Compared with similar articles

This article reads unscored and hedges 5% of its claims. Each row says how that neighbour differs.
BBC News
⚖️ Leans strongly left 🔴 5% hedged 1 of 19 📰 publisher trust 69
“Both articles report on the same service, Truth API, launched by Trump Media, with similar details about its cost and purpose.”
How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
19
sentences that state something as happening or true
Uncertain
5%
1 of 19 hedged ("reportedly", "may", "according to")
Leaning
withheld
no quote in the article backed the model's score
Publisher signals
69/100
BBC News's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
2
Technology
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-08-11 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

BBC News · 3546 article(s) · 4 correction(s) detected
Running correction rate · 4 correction(s)

Who wrote this

Osmond Chia
30 article(s) here · 1 carrying a prediction
🔮 The figures were reportedly revealed by the Claude-developer as it briefed prospective investors on Wednesday at its headquarters in San Francisco as it lays the groundwork for what is expected to be a blockbuster share sale by the end of the year.
🔮 Technology holding company Ithaca could announce a deal to buy the Texas-based firm as early as this week, according to the Wall Street Journal.
🔮 - Published Artificial intelligence (AI) data centre company Firmus has scrapped its plans for what would have been one of Australia's biggest-ever stock market listings.
🔮 The tech giant estimates that its operating profit for the three months to the end of September will jump to 107.4tn won (£61bn; $80bn), its fourth quarter in a row of record earnings.
2026-10-08 · assertive framing · AI chip boom pushes Samsung profits to record $80bn
🔮 - Published US President Donald Trump says he has created a new task force focused on artificial intelligence, which will be led by Director of National Intelligence Jay Clayton.
🔮 The firings come as the debate over AI safety and the risks the technology may pose to humanity has intensified in recent weeks.
🔮 - Published OpenAI will not release its next-generation model - GPT-6.1 Astra - due to safety concerns, the ChatGPT-maker confirmed on Tuesday.
2026-09-29 · assertive framing · OpenAI scraps rollout of new model over safety concerns
🔮 The announcement is Trump's latest rebranding move after he had the names of Lake Ontario and the Gulf of Mexico changed on US maps and federal communications. "From this point forward, all of United States' documents, and hopefully the world's, will be changed to use the more accurate term 'super' as opposed to 'artificial'.
🔮 - Published Top US and Chinese officials have discussed creating a new "notification mechanism" for AI incidents that could affect national security, Treasury Secretary Scott Bessent told reporters on Sunday.
🔮 - Published Nvidia CEO Jensen Huang has described warnings that AI could lead to humanity's extinction by the next decade as "doomsday narratives".
Also by Osmond Chia
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 30 articles by Osmond Chia →

Topics

BBC Trump Media Trump Media's Truth API Truth Social

Subjects

Trump Media ORG · 4× BBC ORG · 2× Kevin McGurn PERSON · 1× McGurn PERSON · 1× Trump PERSON · 1× Trump Media and Technology Group ORG · 1× Trump Media's ORG · 1× Truth Media ORG · 1× Truth Social ORG · 1× the Trump Media and Technology Group ORG · 1×

Narrative

Its earliest customers are mostly in high-frequency trading firms who are being charged between $60,000-$100,000 (£44,000-£74,000) a month for the service, interim chief executive officer Kevin McGurn said during an earnings call.
framing: assertive · carried by 1 article(s) · first seen 2026-08-11
🔮 The group, which is yet to make a profit, says it will refocus on its social media mission.

Claims (19 extracted, 1 hedged)

- Published More than 10 customers have signed up to Trump Media's controversial service that offers faster access to market-moving posts made on its Truth Social platform. asserted
that → publish → platform
The service, Truth API, launched at the beginning of August and gives Wall Street traders first sight of posts from the social media site's most influential accounts. asserted
service → launch → accounts
Its earliest customers are mostly in high-frequency trading firms who are being charged between $60,000-$100,000 (£44,000-£74,000) a month for the service, interim chief executive officer Kevin McGurn said during an earnings call. asserted
McGurn → charge → call
He was speaking after Trump Media reported a loss of $238m between April and June. asserted
Media → speak → April
The quarterly loss is more than 10 times the amount reported during the same period a year earlier, according to the Trump Media and Technology Group, and comes as the group branched into ventures unrelated to media, including cryptocurrencies. uncertain
group → report → cryptocurrencies
The group, which is yet to make a profit, says it will refocus on its social media mission. asserted
it → make → mission
In July, it announced a plan to give Wall Street firms and institutional investors faster access to posts on Truth Social, where Trump frequently makes announcements. asserted
Trump → announce → announcements
It has been viewed as a way to give subscribers an edge in trading stocks and other heavily traded assets. asserted
It → view → stocks
The move has prompted legal and ethical questions, including whether it is right that a company - of which the president's family remains the majority shareholder - stands to potentially profit from his own public statements. asserted
family → prompt → statements
The new service is "expected to provide the company with a new revenue stream," Trump Media said in its earnings statement on Monday. asserted
Media → expect → Monday
The firm believes the service will develop into a "meaningful" and "durable" source of revenue, on top of the company's broader media strategy which includes advertising and digital assets, McGurn said. asserted
McGurn → believe → advertising
Truth Media is also exploring opportunities with technology firms, news organisations and betting markets, he added. asserted
he → explore → firms
The BBC has contacted Trump Media and Technology Group for further comment. asserted
BBC → contact → comment
The company posted $1.7m in revenue, which it said was up 89% from the same period a year before, but suffered an overall loss due to the drop in cryptocurrencies. asserted
it → post → cryptocurrencies
It added that it closed the second quarter with total assets of $2bn and financial assets of about $1.9bn, which includes cash, short-term investments and digital currencies. asserted
which → add → cash
The group is expanding into areas including cryptocurrency holdings and clean-energy investments. asserted
group → expand → holdings
Trump Media is more of a crypto holdings firm "wrapped around" a media company, and the bulk of its losses have come from that strategy, Markus Thielen, an analyst from 10x Research, told the BBC. asserted
Thielen → wrap → BBC
The company is diversifying beyond its crypto business into areas such as social media, though those ventures have yet to generate significant revenue, Thielen said. asserted
Thielen → diversify → revenue
Earlier this month, Trump Media scrapped plans for a project with Crypto.com to introduce prediction market features on the Truth Social platform. asserted
Media → scrap → platform
💬Give feedback
🕘History 🎫Support