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Trump Media pivots to Truth API licensing
x/donald-john-trump
— Aug 8, 2026
Trump Media & Technology Group reports a 89% year-over-year Q2 revenue rise to $1.7 million driven by Truth+ and Truth API, but posts a $238.1 million quarterly net loss due to unrealized digital asset and equity losses, as it pursues a liquidity-backed path toward a planned Q4 2026 merger with TAE Technologies and expands Truth Social and related platforms. The company is shifting away from crypto initiatives, scrapping Crypto.com CRO plans and pivoting toward media, data licensing, and the TAE deal, while valuation analyses suggest the stock trades at a premium relative to cash flow and book value despite ongoing profitability challenges.
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Alec Neel Vance Birth Marks Historic VP Milestone
x/j-d-vance
— Jul 20, 2026
Tang Wei and director Kim Tae-yong welcomed their second child, a son, ten years after their first daughter Summer. Vice President JD Vance and Second Lady Usha welcomed Alec Neel Vance, their fourth child, making history as the first baby born to a sitting vice president in over 150 years.
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