'People will pay because they have to': Trump Media pitches $100,000 monthly fee for faster Truth Social posts
- Donald Trump's social media company has discussed charging traders and investors as much as $100,000 a month for faster access to the US president's posts on his Truth Social platform, according to a report by the Financial Times.
- Trump Media & Technology Group has allegedly quoted the six-figure monthly sum in talks with prospective buyers of the "Truth API" data service.
- Proprietary trading firms and hedge funds pay huge amounts for ultrafast data feeds because every millisecond counts when reacting to market-moving news.
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- Donald Trump's social media company has discussed charging traders and investors as much as $100,000 a month for faster access to the US president's posts on his Truth Social platform, according to a report by the Financial Times.
- Trump Media & Technology Group has allegedly quoted the six-figure monthly sum in talks with prospective buyers of the "Truth API" data service.
- Proprietary trading firms and hedge funds pay huge amounts for ultrafast data feeds because every millisecond counts when reacting to market-moving news.
Sources: Times of India