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PoliticsTrump Media abandons some ventures to focus on Truth Social and the president

Trump’s social media company is returning to its original focus. The parent company of Truth Social said Monday it is dropping several newer ventures, including cryptocurrency, online betting and financial services. It plans to concentrate instead on expanding its social media platform. The shift places renewed emphasis on both Truth Social and the president.

Trump MediaTruth Socialbusiness strategy

People in this report Donald Trump

TThe Associated Press★★☆☆☆2026-08-12 00:00Original

Trump Media abandons some ventures to focus on Truth Social and the president
Trump Media abandons some ventures to focus on Truth Social and the presidentPolitics