Trump Media Launches Paid 'Truth API' for Real-Time Access to Posts, Drawing SEC Scrutiny
Donald Trump's social media company, TMTG, unveiled the Truth API, a premium paid data service that provides institutional clients with licensed, real-time access to posts made on Truth Social. Sources report the fee for this fast feed can reach $100,000 per month. The launch has attracted immediate regulatory attention, with Democratic Senators Elizabeth Warren and Adam Schiff asking the SEC to probe the new service. Critics argue that selling faster access to a prominent political figure's posts raises ethical concerns regarding market manipulation.
Prefer swipe-first reading?
Install the app to keep reading with faster loads and a smoother mobile experience.
Sources
$100,000-a-month: Trump Media unveils Truth API for investors, draws calls for SEC probe
The new offering, called Truth API, was launched by Trump Media & Technology Group (TMTG) on August 1. It is designed to provide businesses with a licensed, real-time feed of posts from prominent ...
Trump Media pitched $100,000 monthly fee for fastest feed of US president's posts, sources say
(Corrects Sherman quote in paragraph 16 to say "wildly," not "widely") By Anirban Sen, Jaspreet Singh and Courtney Rozen NEW YORK, July 17 (Reuters) - Donald Trump's social media company has discussed ...
Hiltzik: Trump's selling Wall Street early access to his Truth Social posts is ethically repugnant, but might be legal
President Trump exits a helicopter with Donald Trump Jr. in tow. How much wold you pay for instant access to his social media posts?(Jose Luis Magana / Associated Press) Donald Trump’s latest scheme ...
Fact Checks
Related news
New State Laws and Policies Address AI Risks in K-12 Education
Educational institutions are rapidly updating policies statewide to address the challenges posed by artificial intelligence, including deepfake content and misuse of student data. These new guidelines cover everything from required social media literacy training for students to strict disciplinary actions, such as recent firings of teachers accused of using AI to alter student images.
US and Ukraine Deepen Defense Ties to Co-Produce Advanced Drone Technology
The United States and Ukraine are moving toward a major defense partnership focused on co-producing advanced drone technology. Specific agreements include building a U.S.-based facility for manufacturing drones and developing autonomous drone boats, which have proven effective against Russian naval assets. This cooperation highlights the U.S.'s reliance on Ukrainian wartime expertise to develop next-generation military hardware without fully transferring sensitive secrets. High-level talks between President Zelenskyy and Donald Trump further underscore the political commitment to deepening this strategic defense relationship.
Scientists Explore Theoretical Tech for Sending Messages to the Past
Theoretical scientific models suggest the possibility of sending messages into the past, a concept that fundamentally challenges our understanding of cause and effect. The idea traces back to Albert Einstein’s 1907 thought experiment involving a 'tachyonic anti-telephone,' which proposed transmitting signals faster than light. While such technology would create wild paradoxes, scientists note that current physics presents significant hurdles to its realization.
Policy Push for Tech Sovereignty Highlights Investment Opportunities in Space and Quantum
The concept of 'technology sovereignty' is gaining traction, prompting political figures, such as UK MPs, to urge governments for clearer policies that support domestic technological investment. Policymakers are actively reshaping the next cycle by prioritizing national control over critical tech infrastructure. This policy focus creates specific market opportunities, particularly in advanced sectors like space and quantum computing. Experts suggest that these government-backed initiatives could benefit specialized technology stocks, signaling a boom for companies operating within these strategic domains.
Minimalist Flip Phones and Anti-Distraction Tech Trend
A movement toward minimalist technology is seeing renewed interest in flip phones, which offer a nostalgic alternative to modern smartphones. Products like the Light Flip mashups classic designs with new functionality, aiming to reduce screen time and digital distraction. This trend is driven by users who report finding peace and improved quality of life by downgrading their devices. Furthermore, entrepreneurs are reviving old technology, such as rotary phones and radios, giving them a second life in the modern market.
Nvidia CEO Donates $75 Million to Vanderbilt for New Art College
Nvidia CEO Jensen Huang and his wife Lori have pledged $75 million to Vanderbilt University to create a new college dedicated to art and design. This funding will establish the Jen-Hsun and Lori Huang College of Art, Architecture, and Design on Vanderbilt's Bay Area campus. The gift was framed by Huang as a significant statement, arguing that art and design ultimately determine what technology is for. The initiative marks a major contribution to Vanderbilt's plans for its San Francisco campus, which is set to open in the 2027-28 academic year.
Take Yomuyo with you
Download the mobile app for personalized headlines and quick access to breaking stories.