Bloomberg and Wall Street Firms Secure Premium Access to Truth Social Posts
Truth Social has entered into agreements with news provider Bloomberg and two unnamed Wall Street firms to provide high-speed access to posts from Donald Trump. This premium data feed allows financial institutions and media outlets to receive real-time updates, which is critical for reacting to market-moving statements. The service is reportedly priced at up to $100,000 per month. By monetizing rapid access to political communications, Truth Social aims to capitalize on the high volatility and information value associated with Donald Trump's social media activity.
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Topics: Data Licensing Partnerships Social Media