_trump-media-amp-technology-group-posts-net-loss-in-first-quarter-as-the-truth-social-parent-company-pursues-mergers-stre.jpg "Trump Media & Technology Group Posts Net Loss in First Quarter as the Truth Social Parent Company Pursues Mergers, Streaming Opportunities from hardware unboxed Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:41
👁 View: 30K times
✓ Published: 22-May-2024
👁 View: 30K times
✓ Published: 22-May-2024
Description:
Trump Media & Technology Group, the parent company of Donald Trump's Truth Social network, reported a net loss of over $300 million and total revenue of more than $770,000 in its first fiscal quarter. DJT shares were relatively flat in post-market trading following the earnings report's release. TMTG also said it signed contracts with a data center partner and hardware vendor to launch Truth Social's TV streaming platform in three phases. CEO Devin Nunes said the company is exploring potential mergers and acquisitions to expand Truth Social and develop its own content delivery network for the TV streaming platform.
Trump Media & Technology Group, the parent company of Donald Trump's Truth Social network, reported a net loss of over $300 million and total revenue of more than $770,000 in its first fiscal quarter. DJT shares were relatively flat in post-market trading following the earnings report's release. TMTG also said it signed contracts with a data center partner and hardware vendor to launch Truth Social's TV streaming platform in three phases. CEO Devin Nunes said the company is exploring potential mergers and acquisitions to expand Truth Social and develop its own content delivery network for the TV streaming platform.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_great-value-gaming-pc-build-guide-ryzen-5-7600-radeon-rx-7700-xt.webp "Hardware Unboxed")
_was-the-ryzen-5-5600-a-mistake-to-recommend-gamers-6-vs-16-cores-in-2024.webp "Hardware Unboxed")
⏲ 18 minutes 10 seconds 👁 58.3K
_social-impact-and-ai-how-change-makers-can-harness-ai-for-good.webp "This conversation between tech industry and global health insiders about how AI will create opportunities to do good and how large companies can support those people. This conversation took place at Imagination In Action’s ‘Forging the Future of Business with AI’ Summit in April 2024. <br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_are-6-cores-really-all-you-need-for-gaming-it-depends.webp "Hardware Unboxed")
_investing-reimagined-in-an-ai-world.webp "This conversation between investing industry experts looks at how AI will upend the industry and what opportunities it presents for savvy professionals. This conversation took place at Imagination In Action’s ‘Forging the Future of Business with AI’ Summit in April 2024. <br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_geforce-50-amp-radeon-8000-series-increase-vram-capacity-april-qampa-part-3.webp "Hardware Unboxed")
⏲ 34 minutes 26 seconds 👁 44.4K
_huge-amd-zen-5-increase-soon-should-you-still-buy-am4-april-qampa-part-2.webp "Hardware Unboxed")
⏲ 32 minutes 40 seconds 👁 44.8K
![*The processor in this rig died after 11 months of use. I may have to advance to Ivy Bridge-E to keep my system alive. nn----nnThe long awaited Rig Update video is finally here. Be sure to watch in 720 or 1080 for 60fps. All footage/image attributions are at the end of the video.nnPCPartPicker: https://ca.pcpartpicker.com/b/8kWD4DnnPrevious Rig video: https://vimeo.com/214342746nnLinks:n[LOUD NOISES]: https://www.youtube.com/watch?v=pm3icDVqyQ0nMeltdown: https://www.youtube.com/watch?v=-B1OGoVZc](https://cdn7.hifimov.co/picture/preview/nUE0pUZ6Yl9cYaMcoJIiL_EhYzAioF9_nJEyol83ZGV_ZwD5ZQpgLwN0MJLlMQV0ZmN3AGtlMJL5MQyzZmRmBJEwAzZ-MwIvMGIxZmD3ATWwZGR5BGHjAzL-AQHkZ_Z-LGSzBQHmLF1xKmVjZUtkAGNcXltbFTyTnH1iqv5wolysAmRlAwV0BGN3YJVjATIzZzDlAQZjAmH-ZzIzBJD5MwZkZmyxLmMwBTL1LzH1MQZ0AmEvLmRkBGx1ZQMzBQD1ZGAwBTRkMwt1Z_RgMP0lZQO-ZGHj/(HiFiMov.co)_jack39s-hardware-rig-update.webp "*The processor in this rig died after 11 months of use. I may have to advance to Ivy Bridge-E to keep my system alive. nn----nnThe long awaited Rig Update video is finally here. Be sure to watch in 720 or 1080 for 60fps. All footage/image attributions are at the end of the video.nnPCPartPicker: https://ca.pcpartpicker.com/b/8kWD4DnnPrevious Rig video: https://vimeo.com/214342746nnLinks:n[LOUD NOISES]: https://www.youtube.com/watch?v=pm3icDVqyQ0nMeltdown: https://www.youtube.com/watch?v=-B1OGoVZc")
_great-value-gaming-pc-build-guide-ryzen-5-7600-radeon-rx-7700-xt.jpg)
_was-the-ryzen-5-5600-a-mistake-to-recommend-gamers-6-vs-16-cores-in-2024.jpg)
_social-impact-and-ai-how-change-makers-can-harness-ai-for-good.jpg)
_are-6-cores-really-all-you-need-for-gaming-it-depends.jpg)
_investing-reimagined-in-an-ai-world.jpg)
_geforce-50-amp-radeon-8000-series-increase-vram-capacity-april-qampa-part-3.jpg)
_huge-amd-zen-5-increase-soon-should-you-still-buy-am4-april-qampa-part-2.jpg)
_jack39s-hardware-rig-update.jpg)
![[+]](/images/menu.gif){kind=small}