Truth Social — home of Donald Trump's unhinged rants — is bleeding cash
The Trump Media and Technology Group, which owns Truth Social, reported nearly £300 million in first-quarter net losses - the company is the parent firm of Donald Trump's Truth Social media site
Trump Media and Technology Group lost $406m in first three months of 2026
Parent company of president’s Truth Social platform generated only $870,000 even as net sales were up 6%The parent company of Donald Trump’s Truth Social platform – one of the president’s preferred communications channels – lost nearly $406m in the first three months of the year while generating a little over $870,000 in revenue, according to financial filings.The Trump Media and Technology Group’s quarterly report for January to March 2026 showed that while net sales were up 6% year over year,...
Le réseau Truth Social de Donald Trump en grande difficulté : 400 millions de dollars de pertes pour la maison mère
International,États-UnisLe réseau Truth Social de Donald Trump en grande difficulté : 400 millions de dollars de pertes pour la maison mèreLes comptes de la maison mère de Truth Social, possédé à 41 % par Donald Trump ont pâti de la dégringolade des cryptomonnaies, comme celle du bitcoin.Par V.C. avec AFP Le 9 mai 2026 à 09h45Donald Trump contrôle environ 41% des actions de Trump Media & Technology Group (TMTG). AFP/Mandel NGANRéagirEnregistrerPartagerIl y livre toutes ses annonces fracassan...
La maison mère de Truth Social, le réseau de Donald Trump, subit des pertes colossales, plombée par les cryptomonnaies
Trump Media & Technology Group a publié vendredi une perte nette de plus de 400 millions de dollars au premier trimestre. Ses comptes ont pâti de la dégringolade des devises numériques, dans lesquelles la société avait massivement investi.
Chinese car brands secure 10% of UK vehicle market as drivers invest in BYD, Jaecoo, Omoda and more
Chinese car brands have made up more than one in 10 new vehicle sales so far this year, as drivers flock towards more affordable prices and impressive technology.Over the last five months, Chinese car brands have secured 10.6 per cent of the total new vehicle market share across the UK.Based on data from the Society of Motor Manufacturers and Traders (SMMT), Chinese automakers have sold 80,960 vehicles between January and the end of April.Popular car brands include BYD, Changan, Chery, Geely, GW...
Trump Media, Parent of Truth Social, Reports Q1 Sales of $871,000 and $405.9 Million Net Loss
Trump Media and Technology Group, operator of the social media platform Truth Social, reported a massive net loss for the first three months of 2026 and less than $1 million in total sales. For the first quarter, TMTG generated net sales of $871,200, up 6% year over year. The company reported a $405.9 million net […]
Blue Owl BDC Won Big New Investment by University of California
A $200 billion investment fund for the University of California system added almost 30 million shares of Blue Owl Technology Finance Corp. in the first quarter, in a sign of institutions seizing upon volatility in the private credit market.
UAE, Austria energy ties grow as ADNOC expands OMV partnership
Abu Dhabi: Austria’s Chancellor Christian Stocker visited the headquarters of ADNOC in Abu Dhabi during his official trip to the UAE, as both countries strengthened their cooperation in energy, fuels and industrial sectors.Sign up for our daily business newsletter, Cheques & Balances.The visit came after Stocker toured the Make it in the Emirates platform, where he met Dr Sultan bin Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology, ADNOC Managing Director and Group CEO, Chairman...
The Founder’s Vertigo: Balancing Hyper-Growth With The Fear Of Irrelevance
InnovationThe Founder’s Vertigo: Balancing Hyper-Growth With The Fear Of IrrelevanceByHolden Bruce,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)May 08, 2026, 09:15am EDTHolden Bruce is a Raisi founder and a software engineer building outreach systems that help startups with fundraising & investor engagement. gettyThree years ago, my workflow a...
AI Pricing: Why Cost Optimization Is The Wrong Battle
InnovationAI Pricing: Why Cost Optimization Is The Wrong BattleByScott Breitenother,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)May 08, 2026, 08:45am EDTScott Breitenother, Co-founder and CEO of Kilo Code. gettyWhile the conversation around AI costs swings between two extremes (are we spending too much, or not enough?), leaders are forgetting th...
Why Do Good Products Fail?
InnovationWhy Do Good Products Fail?ByRajiv Gupta,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)May 08, 2026, 07:15am EDTRajiv Gupta is a Principal Product Leader at AWS driving cross-functional business strategy for cloud infrastructure and AI storage. gettyWhen was the last time you looked at a product launch and asked yourself what that company...
M&G’s Fedeli Shifts to Cheaper Stocks After Tech’s Rapid Rally
M&G Investment Management is taking profit in technology stocks that have seen rapid gains and is instead seeking undervalued companies with strong fundamentals given volatile markets, said executive Fabiana Fedeli.
PureHealth’s Dh6.33b UAE spending boost powers local industry growth
The largest healthcare group in the Middle East, today announced that it has exceeded Dh6.33 billion in local procurement spend since joining the Ministry of Industry and Advanced Technology’s (MoIAT) National In-Country Value (ICV) programme, in 2022. This marks a near threefold increase from Dh2.25 billion in 2025, underscoring the Group’s growing role in advancing the UAE’s economic diversification and industrial development.The milestone was highlighted during PureHealth’s participation at M...
Google UK employees gives 10 days deadline to voluntarily recognise unions
Google's DeepMind employees are demanding union recognition amid concerns over their AI technology's use by the US and Israeli militaries. Workers seek a commitment against developing AI weapons and surveillance tools, urging management to voluntarily recognize their unions or face legal action. The move highlights growing anxieties about AI's ethical implications and its potential for harm.
Amazon investit 15 milliards de dollars en France - 06/05
Ce mercredi 6 mai, François Sorel a reçu Frédéric Simottel, journaliste BFM Business, Cédric Ingrand, directeur général de Heavyweight Studio, et Tristan Nitot, directeur associé Communs Numériques et Anthropocène chez OCTO Technology. Ils se sont penchés sur l'investissement de 15 milliards de dollars sur trois ans d'Amazon en France, l'iOS 27 d'Apple permettant de choisir entre ChatGPT, Claude ou Gemini pour son IA dans Siri, ainsi que le paiement de 250 millions de dollars par Apple pour dédo...
India, Vietnam elevate strategic ties, set $25 billion trade target by 2030
India and Vietnam have agreed to elevate their relationship to an Enhanced Comprehensive Strategic Partnership, setting an ambitious trade target of $25 billion by 2030. The pact includes expanded cooperation in defense, technology, and digital services, alongside efforts to boost agricultural trade and supply chain resilience.
Watch: South Korea debuts humanoid robot Buddhist monk
Rest of World News: Gabi, the first non-human to receive Buddhist vows in South Korea, participates in a historic ceremony at Jogyesa Temple, combining tradition with technology in an unprecedented event.
UAE President visits fifth edition of Make it in the Emirates 2026
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan visited the fifth edition of Make it in the Emirates 2026, held at the Abu Dhabi National Exhibition Centre (ADNEC).During the tour, he reviewed the latest innovations, products, and initiatives aimed at enhancing the competitiveness and readiness of national industries across a range of vital sectors, as well as the use of technology to advance local production.Get updated faster and for FREE: Download the Gulf News app now - simply ...
'Everyone wins': Indian firms to invest $20 billion in US across sectors, says Sergio Gor
Indian companies are set to invest over $20.5 billion dollars in the United States in various sectors including technology, manufacturing, and pharmaceuticals. "Twelve Indian firms alone announced 1.1 billion dollars in new investments today and these partnerships are creating American jobs and strengthening supply chains," US ambassador to India Sergio Gor said.
UAE’s Dh1 billion Fujairah desalination plant: What it means for water supply
Dubai: Plans for a new large-scale desalination plant at the Port of Fujairah on the Gulf of Oman are set to add significant capacity to the UAE’s water supply network in the coming years, following its announcement on Tuesday.The project involves building a major facility that will convert seawater into potable water for homes, businesses and industry, using modern desalination technology to support growing demand across the UAE.Get updated faster and for FREE: Download the Gulf News app now -...