Trump’s Truth Social API Is a Blatantly Corrupt Favor to Wall Street
For the low, low price of $100,000 a month, the ever-oxymoronic Truth Social is now selling direct access to its most important posts — or, in the firm’s preferred parlance, “truths” — to Wall Street. That’s an expedited lane to access statements and data from the president of the United States and other government officials, which have significant potential to move financial markets, ahead of us suckers in the general public.
Reported by 2 outlets — The Intercept, Business Insider. See all sources ↓
For the low, low price of $100,000 a month, the ever-oxymoronic Truth Social is now selling direct access to its most important posts — or, in the firm’s preferred parlance, “truths” — to Wall Street. That’s an expedited lane to access statements and data from the president of the United States and other government officials, which have significant potential to move financial markets, ahead of us suckers in the general public. This sort of product, called an Application Processing Interface, or API, is not a particularly unusual offering for a social media company in the abstract. But Truth API, which launched today, is uniquely positioned to fuel blatant presidential graft.
Read the full report at The Intercept ↗
Why it matters
2 outlets are covering this world story — one to watch as reporting develops.
- What's the story?
- For the low, low price of $100,000 a month, the ever-oxymoronic Truth Social is now selling direct access to its most important posts — or, in the firm’s preferred parlance, “truths” — to Wall Street. That’s an expedited lane to access statements and data from the president of the United States and other government officials, which have significant potential to move financial markets, ahead of us suckers in the general public.
- How widely is it covered?
- 2 outlets, average source rating 6.5/10.
- When was it last updated?
- 6m ago.
How outlets are framing the same story
Here's how each outlet is covering the story — compare their headlines and timing at a glance.
- Coverage card2 outlets1CoverageScouting report
What smart people are saying about Trump Media charging for early access to the president's Truth Social posts
Sources2TypeCoverageThe Intercept
Business Insider