{"id":61512,"date":"2024-05-21T14:59:31","date_gmt":"2024-05-21T21:59:31","guid":{"rendered":"https:\/\/www.newscorpse.com\/ncWP\/?p=61512"},"modified":"2024-11-16T01:32:58","modified_gmt":"2024-11-16T09:32:58","slug":"are-trumps-nazi-videos-and-hateful-posts-why-truth-social-lost-327-million-and-19-of-users","status":"publish","type":"post","link":"https:\/\/www.newscorpse.com\/ncWP\/?p=61512","title":{"rendered":"Are Trump’s Nazi Videos and Hateful Posts Why Truth Social Lost $327 Million and 19% of Users?"},"content":{"rendered":"

The bad news for Donald Trump is piling up as his trial for falsifying business records and election interference (sometimes known as the “hush money”<\/em> trial is winding down. On Tuesday Trump’s defense counsel rested their case after calling only two witnesses, one of which was immensely beneficial – to the prosecutors<\/a><\/strong>.<\/p>\n

Click here to Tweet this article<\/a><\/strong><\/p>\n

\"Donald<\/p>\n

Compounding Trump’s troubles is the quarterly financial report from his Trump Media & Technology Group (TMTG), the company that operates his floundering social media scam, Truth Social. The report notes<\/a><\/strong> that…<\/p>\n

“Trump Media & Technology Group lost more than $300 million during the first quarter and generated very little revenue, the owner of Truth Social announced in a press release Monday. The results will raise additional questions about the multi-billion dollar valuation on the newly public company, which is majority owned by former President Donald Trump.” […] “The company generated just $770,500 of revenue, marking the second-straight quarter where its revenue totaled less than $1 million.” […]<\/p>\n

“In April, the conservative-friendly social network experienced a 19% year-over-year drop in average daily active US users on iOS and Android to just 113,000, according to market research firm Similarweb. Rival X (formerly known as Twitter) had more than 34 million users on iOS and Android.”<\/p><\/blockquote>\n

In the just first quarter of 2024 TMTG lost $327 million on revenue of less than $1 million. Which makes its stock valuation of $6 billion something of a joke. What’s more, Truth Social lost nearly 20% of their active users in the past year. That loss comes during an election year when interest in Trump by his cult followers ought to be at a peak.<\/p>\n

So what would account for these significant losses of cash, advertisers, and users? Perhaps it has something to do with Truth Social’s primary (only) reason for existing<\/a><\/strong>, Donald Trump. He posts relentlessly every day to his glassy-eyed disciples. And those posts are generally hostile attacks, infantile insults, and forecasts of doom, sprinkled with a hefty dose of narcissistic self-exaltation and hero worship. Maybe that isn’t the best sort of content to sustain an audience.<\/p>\n

An example of the messaging that Trump regularly engages in was a video he posted Monday that asked the burning questions: “What’s next for America?”<\/em> and “What happens after Donald Trump wins?”<\/em> The video (now deleted) answered those questions with images of newspaper headlines including one that heralded the Trumpian future as being “DRIVEN BY THE CREATION OF A UNIFIED REICH.”<\/em><\/p>\n

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Trump deleted his awful MAGA \u201cUnified Reich\u201d video. Here\u2019s the full version. pic.twitter.com\/DON1mWjKUa<\/a><\/p>\n

— PatriotTakes ?? (@patriottakes) May 21, 2024<\/a><\/p><\/blockquote>\n