Media
Global Social Media Advertising Industry – GlobeNewswire
New York, Aug. 19, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Social Media Advertising Industry” – https://www.reportlinker.com/p05818087/?utm_source=GNW
2 Billion by 2027, growing at aCAGR of 16.5% over the period 2020-2027. Desktop, one of the segments analyzed in the report, is projected to record 15.2% CAGR and reach US$155 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Mobile segment is readjusted to a revised 18.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $23 Billion, While China is Forecast to Grow at 21.1% CAGR
The Social Media Advertising market in the U.S. is estimated at US$23 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$57 Billion by the year 2027 trailing a CAGR of 21.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12% and 14.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13% CAGR.We bring years of research experience to this 19th edition of our report. The 195-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others,
- Amazon.com, Inc.
- Google LLC
- LinkedIn Corporation
- Pinterest, Inc.
- Snapchat
- Tumblr/Verizon Media
- Vimeo, LLC
- YouTube.
Read the full report: https://www.reportlinker.com/p05818087/?utm_source=GNW
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Global Competitor Market Shares
Social Media Advertising Competitor Market Share Scenario
Worldwide (in %): 2019 & 2028
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
Table 1: Social Media Advertising Global Market Estimates and
Forecasts in US$ Million by Region/Country: 2020-2027
Table 2: Social Media Advertising Global Retrospective Market
Scenario in US$ Million by Region/Country: 2012-2019
Table 3: Social Media Advertising Market Share Shift across Key
Geographies Worldwide: 2012 VS 2020 VS 2027
Table 4: Desktop (Type) World Market by Region/Country in US$
Million: 2020 to 2027
Table 5: Desktop (Type) Historic Market Analysis by
Region/Country in US$ Million: 2012 to 2019
Table 6: Desktop (Type) Market Share Breakdown of Worldwide
Sales by Region/Country: 2012 VS 2020 VS 2027
Table 7: Mobile (Type) Potential Growth Markets Worldwide in
US$ Million: 2020 to 2027
Table 8: Mobile (Type) Historic Market Perspective by
Region/Country in US$ Million: 2012 to 2019
Table 9: Mobile (Type) Market Sales Breakdown by Region/Country
in Percentage: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Social Media Advertising Market Share (in %) by Company:
2019 & 2025
Market Analytics
Table 10: United States Social Media Advertising Market
Estimates and Projections in US$ Million by Type: 2020 to 2027
Table 11: Social Media Advertising Market in the United States
by Type: A Historic Review in US$ Million for 2012-2019
Table 12: United States Social Media Advertising Market Share
Breakdown by Type: 2012 VS 2020 VS 2027
CANADA
Table 13: Canadian Social Media Advertising Market Estimates
and Forecasts in US$ Million by Type: 2020 to 2027
Table 14: Canadian Social Media Advertising Historic Market
Review by Type in US$ Million: 2012-2019
Table 15: Social Media Advertising Market in Canada: Percentage
Share Breakdown of Sales by Type for 2012, 2020, and 2027
JAPAN
Table 16: Japanese Market for Social Media Advertising: Annual
Sales Estimates and Projections in US$ Million by Type for the
Period 2020-2027
Table 17: Social Media Advertising Market in Japan: Historic
Sales Analysis in US$ Million by Type for the Period 2012-2019
Table 18: Japanese Social Media Advertising Market Share
Analysis by Type: 2012 VS 2020 VS 2027
CHINA
Table 19: Chinese Social Media Advertising Market Growth
Prospects in US$ Million by Type for the Period 2020-2027
Table 20: Social Media Advertising Historic Market Analysis in
China in US$ Million by Type: 2012-2019
Table 21: Chinese Social Media Advertising Market by Type:
Percentage Breakdown of Sales for 2012, 2020, and 2027
EUROPE
Market Facts & Figures
European Social Media Advertising Market: Competitor Market
Share Scenario (in %) for 2019 & 2025
Market Analytics
Table 22: European Social Media Advertising Market Demand
Scenario in US$ Million by Region/Country: 2020-2027
Table 23: Social Media Advertising Market in Europe: A Historic
Market Perspective in US$ Million by Region/Country for the
Period 2012-2019
Table 24: European Social Media Advertising Market Share Shift
by Region/Country: 2012 VS 2020 VS 2027
Table 25: European Social Media Advertising Market Estimates
and Forecasts in US$ Million by Type: 2020-2027
Table 26: Social Media Advertising Market in Europe in US$
Million by Type: A Historic Review for the Period 2012-2019
Table 27: European Social Media Advertising Market Share
Breakdown by Type: 2012 VS 2020 VS 2027
FRANCE
Table 28: Social Media Advertising Market in France by Type:
Estimates and Projections in US$ Million for the Period
2020-2027
Table 29: French Social Media Advertising Historic Market
Scenario in US$ Million by Type: 2012-2019
Table 30: French Social Media Advertising Market Share Analysis
by Type: 2012 VS 2020 VS 2027
GERMANY
Table 31: Social Media Advertising Market in Germany: Recent
Past, Current and Future Analysis in US$ Million by Type for
the Period 2020-2027
Table 32: German Social Media Advertising Historic Market
Analysis in US$ Million by Type: 2012-2019
Table 33: German Social Media Advertising Market Share
Breakdown by Type: 2012 VS 2020 VS 2027
ITALY
Table 34: Italian Social Media Advertising Market Growth
Prospects in US$ Million by Type for the Period 2020-2027
Table 35: Social Media Advertising Historic Market Analysis in
Italy in US$ Million by Type: 2012-2019
Table 36: Italian Social Media Advertising Market by Type:
Percentage Breakdown of Sales for 2012, 2020, and 2027
UNITED KINGDOM
Table 37: United Kingdom Market for Social Media Advertising:
Annual Sales Estimates and Projections in US$ Million by Type
for the Period 2020-2027
Table 38: Social Media Advertising Market in the United
Kingdom: Historic Sales Analysis in US$ Million by Type for the
Period 2012-2019
Table 39: United Kingdom Social Media Advertising Market Share
Analysis by Type: 2012 VS 2020 VS 2027
SPAIN
Table 40: Spanish Social Media Advertising Market Estimates and
Forecasts in US$ Million by Type: 2020 to 2027
Table 41: Spanish Social Media Advertising Historic Market
Review by Type in US$ Million: 2012-2019
Table 42: Social Media Advertising Market in Spain: Percentage
Share Breakdown of Sales by Type for 2012, 2020, and 2027
RUSSIA
Table 43: Russian Social Media Advertising Market Estimates and
Projections in US$ Million by Type: 2020 to 2027
Table 44: Social Media Advertising Market in Russia by Type:
A Historic Review in US$ Million for 2012-2019
Table 45: Russian Social Media Advertising Market Share
Breakdown by Type: 2012 VS 2020 VS 2027
REST OF EUROPE
Table 46: Rest of Europe Social Media Advertising Market
Estimates and Forecasts in US$ Million by Type: 2020-2027
Table 47: Social Media Advertising Market in Rest of Europe in
US$ Million by Type: A Historic Review for the Period 2012-2019
Table 48: Rest of Europe Social Media Advertising Market Share
Breakdown by Type: 2012 VS 2020 VS 2027
ASIA-PACIFIC
Table 49: Asia-Pacific Social Media Advertising Market
Estimates and Forecasts in US$ Million by Region/Country:
2020-2027
Table 50: Social Media Advertising Market in Asia-Pacific:
Historic Market Analysis in US$ Million by Region/Country for
the Period 2012-2019
Table 51: Asia-Pacific Social Media Advertising Market Share
Analysis by Region/Country: 2012 VS 2020 VS 2027
Table 52: Social Media Advertising Market in Asia-Pacific by
Type: Estimates and Projections in US$ Million for the Period
2020-2027
Table 53: Asia-Pacific Social Media Advertising Historic Market
Scenario in US$ Million by Type: 2012-2019
Table 54: Asia-Pacific Social Media Advertising Market Share
Analysis by Type: 2012 VS 2020 VS 2027
AUSTRALIA
Table 55: Social Media Advertising Market in Australia: Recent
Past, Current and Future Analysis in US$ Million by Type for
the Period 2020-2027
Table 56: Australian Social Media Advertising Historic Market
Analysis in US$ Million by Type: 2012-2019
Table 57: Australian Social Media Advertising Market Share
Breakdown by Type: 2012 VS 2020 VS 2027
INDIA
Table 58: Indian Social Media Advertising Market Estimates and
Forecasts in US$ Million by Type: 2020 to 2027
Table 59: Indian Social Media Advertising Historic Market
Review by Type in US$ Million: 2012-2019
Table 60: Social Media Advertising Market in India: Percentage
Share Breakdown of Sales by Type for 2012, 2020, and 2027
SOUTH KOREA
Table 61: Social Media Advertising Market in South Korea:
Recent Past, Current and Future Analysis in US$ Million by Type
for the Period 2020-2027
Table 62: South Korean Social Media Advertising Historic Market
Analysis in US$ Million by Type: 2012-2019
Table 63: Social Media Advertising Market Share Distribution in
South Korea by Type: 2012 VS 2020 VS 2027
REST OF ASIA-PACIFIC
Table 64: Rest of Asia-Pacific Market for Social Media
Advertising: Annual Sales Estimates and Projections in US$
Million by Type for the Period 2020-2027
Table 65: Social Media Advertising Market in Rest of
Asia-Pacific: Historic Sales Analysis in US$ Million by Type
for the Period 2012-2019
Table 66: Rest of Asia-Pacific Social Media Advertising Market
Share Analysis by Type: 2012 VS 2020 VS 2027
LATIN AMERICA
Table 67: Latin American Social Media Advertising Market Trends
by Region/Country in US$ Million: 2020-2027
Table 68: Social Media Advertising Market in Latin America in
US$ Million by Region/Country: A Historic Perspective for the
Period 2012-2019
Table 69: Latin American Social Media Advertising Market
Percentage Breakdown of Sales by Region/Country: 2012, 2020,
and 2027
Table 70: Latin American Social Media Advertising Market Growth
Prospects in US$ Million by Type for the Period 2020-2027
Table 71: Social Media Advertising Historic Market Analysis in
Latin America in US$ Million by Type: 2012-2019
Table 72: Latin American Social Media Advertising Market by
Type: Percentage Breakdown of Sales for 2012, 2020, and 2027
ARGENTINA
Table 73: Argentinean Social Media Advertising Market Estimates
and Forecasts in US$ Million by Type: 2020-2027
Table 74: Social Media Advertising Market in Argentina in US$
Million by Type: A Historic Review for the Period 2012-2019
Table 75: Argentinean Social Media Advertising Market Share
Breakdown by Type: 2012 VS 2020 VS 2027
BRAZIL
Table 76: Social Media Advertising Market in Brazil by Type:
Estimates and Projections in US$ Million for the Period
2020-2027
Table 77: Brazilian Social Media Advertising Historic Market
Scenario in US$ Million by Type: 2012-2019
Table 78: Brazilian Social Media Advertising Market Share
Analysis by Type: 2012 VS 2020 VS 2027
MEXICO
Table 79: Social Media Advertising Market in Mexico: Recent
Past, Current and Future Analysis in US$ Million by Type for
the Period 2020-2027
Table 80: Mexican Social Media Advertising Historic Market
Analysis in US$ Million by Type: 2012-2019
Table 81: Mexican Social Media Advertising Market Share
Breakdown by Type: 2012 VS 2020 VS 2027
REST OF LATIN AMERICA
Table 82: Rest of Latin America Social Media Advertising Market
Estimates and Projections in US$ Million by Type: 2020 to 2027
Table 83: Social Media Advertising Market in Rest of Latin
America by Type: A Historic Review in US$ Million for 2012-2019
Table 84: Rest of Latin America Social Media Advertising Market
Share Breakdown by Type: 2012 VS 2020 VS 2027
MIDDLE EAST
Table 85: The Middle East Social Media Advertising Market
Estimates and Forecasts in US$ Million by Region/Country:
2020-2027
Table 86: Social Media Advertising Market in the Middle East by
Region/Country in US$ Million: 2012-2019
Table 87: The Middle East Social Media Advertising Market Share
Breakdown by Region/Country: 2012, 2020, and 2027
Table 88: The Middle East Social Media Advertising Market
Estimates and Forecasts in US$ Million by Type: 2020 to 2027
Table 89: The Middle East Social Media Advertising Historic
Market by Type in US$ Million: 2012-2019
Table 90: Social Media Advertising Market in the Middle East:
Percentage Share Breakdown of Sales by Type for 2012,2020, and
2027
IRAN
Table 91: Iranian Market for Social Media Advertising: Annual
Sales Estimates and Projections in US$ Million by Type for the
Period 2020-2027
Table 92: Social Media Advertising Market in Iran: Historic
Sales Analysis in US$ Million by Type for the Period 2012-2019
Table 93: Iranian Social Media Advertising Market Share
Analysis by Type: 2012 VS 2020 VS 2027
ISRAEL
Table 94: Israeli Social Media Advertising Market Estimates and
Forecasts in US$ Million by Type: 2020-2027
Table 95: Social Media Advertising Market in Israel in US$
Million by Type: A Historic Review for the Period 2012-2019
Table 96: Israeli Social Media Advertising Market Share
Breakdown by Type: 2012 VS 2020 VS 2027
SAUDI ARABIA
Table 97: Saudi Arabian Social Media Advertising Market Growth
Prospects in US$ Million by Type for the Period 2020-2027
Table 98: Social Media Advertising Historic Market Analysis in
Saudi Arabia in US$ Million by Type: 2012-2019
Table 99: Saudi Arabian Social Media Advertising Market by
Type: Percentage Breakdown of Sales for 2012, 2020, and 2027
UNITED ARAB EMIRATES
Table 100: Social Media Advertising Market in the United Arab
Emirates: Recent Past, Current and Future Analysis in US$
Million by Type for the Period 2020-2027
Table 101: United Arab Emirates Social Media Advertising
Historic Market Analysis in US$ Million by Type: 2012-2019
Table 102: Social Media Advertising Market Share Distribution
in United Arab Emirates by Type: 2012 VS 2020 VS 2027
REST OF MIDDLE EAST
Table 103: Social Media Advertising Market in Rest of Middle
East: Recent Past, Current and Future Analysis in US$ Million
by Type for the Period 2020-2027
Table 104: Rest of Middle East Social Media Advertising
Historic Market Analysis in US$ Million by Type: 2012-2019
Table 105: Rest of Middle East Social Media Advertising Market
Share Breakdown by Type: 2012 VS 2020 VS 2027
AFRICA
Table 106: African Social Media Advertising Market Estimates
and Projections in US$ Million by Type: 2020 to 2027
Table 107: Social Media Advertising Market in Africa by Type:
A Historic Review in US$ Million for 2012-2019
Table 108: African Social Media Advertising Market Share
Breakdown by Type: 2012 VS 2020 VS 2027
IV. COMPETITION
Total Companies Profiled: 57
Read the full report: https://www.reportlinker.com/p05818087/?utm_source=GNW
About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.
__________________________
Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001
Media
Trump could cash out his DJT stock within weeks. Here’s what happens if he sells
Former President Donald Trump is on the brink of a significant financial decision that could have far-reaching implications for both his personal wealth and the future of his fledgling social media company, Trump Media & Technology Group (TMTG). As the lockup period on his shares in TMTG, which owns Truth Social, nears its end, Trump could soon be free to sell his substantial stake in the company. However, the potential payday, which makes up a large portion of his net worth, comes with considerable risks for Trump and his supporters.
Trump’s stake in TMTG comprises nearly 59% of the company, amounting to 114,750,000 shares. As of now, this holding is valued at approximately $2.6 billion. These shares are currently under a lockup agreement, a common feature of initial public offerings (IPOs), designed to prevent company insiders from immediately selling their shares and potentially destabilizing the stock. The lockup, which began after TMTG’s merger with a special purpose acquisition company (SPAC), is set to expire on September 25, though it could end earlier if certain conditions are met.
Should Trump decide to sell his shares after the lockup expires, the market could respond in unpredictable ways. The sale of a substantial number of shares by a major stakeholder like Trump could flood the market, potentially driving down the stock price. Daniel Bradley, a finance professor at the University of South Florida, suggests that the market might react negatively to such a large sale, particularly if there aren’t enough buyers to absorb the supply. This could lead to a sharp decline in the stock’s value, impacting both Trump’s personal wealth and the company’s market standing.
Moreover, Trump’s involvement in Truth Social has been a key driver of investor interest. The platform, marketed as a free speech alternative to mainstream social media, has attracted a loyal user base largely due to Trump’s presence. If Trump were to sell his stake, it might signal a lack of confidence in the company, potentially shaking investor confidence and further depressing the stock price.
Trump’s decision is also influenced by his ongoing legal battles, which have already cost him over $100 million in legal fees. Selling his shares could provide a significant financial boost, helping him cover these mounting expenses. However, this move could also have political ramifications, especially as he continues his bid for the Republican nomination in the 2024 presidential race.
Trump Media’s success is closely tied to Trump’s political fortunes. The company’s stock has shown volatility in response to developments in the presidential race, with Trump’s chances of winning having a direct impact on the stock’s value. If Trump sells his stake, it could be interpreted as a lack of confidence in his own political future, potentially undermining both his campaign and the company’s prospects.
Truth Social, the flagship product of TMTG, has faced challenges in generating traffic and advertising revenue, especially compared to established social media giants like X (formerly Twitter) and Facebook. Despite this, the company’s valuation has remained high, fueled by investor speculation on Trump’s political future. If Trump remains in the race and manages to secure the presidency, the value of his shares could increase. Conversely, any missteps on the campaign trail could have the opposite effect, further destabilizing the stock.
As the lockup period comes to an end, Trump faces a critical decision that could shape the future of both his personal finances and Truth Social. Whether he chooses to hold onto his shares or cash out, the outcome will likely have significant consequences for the company, its investors, and Trump’s political aspirations.
Media
Arizona man accused of social media threats to Trump is arrested
Cochise County, AZ — Law enforcement officials in Arizona have apprehended Ronald Lee Syvrud, a 66-year-old resident of Cochise County, after a manhunt was launched following alleged death threats he made against former President Donald Trump. The threats reportedly surfaced in social media posts over the past two weeks, as Trump visited the US-Mexico border in Cochise County on Thursday.
Syvrud, who hails from Benson, Arizona, located about 50 miles southeast of Tucson, was captured by the Cochise County Sheriff’s Office on Thursday afternoon. The Sheriff’s Office confirmed his arrest, stating, “This subject has been taken into custody without incident.”
In addition to the alleged threats against Trump, Syvrud is wanted for multiple offences, including failure to register as a sex offender. He also faces several warrants in both Wisconsin and Arizona, including charges for driving under the influence and a felony hit-and-run.
The timing of the arrest coincided with Trump’s visit to Cochise County, where he toured the US-Mexico border. During his visit, Trump addressed the ongoing border issues and criticized his political rival, Democratic presidential nominee Kamala Harris, for what he described as lax immigration policies. When asked by reporters about the ongoing manhunt for Syvrud, Trump responded, “No, I have not heard that, but I am not that surprised and the reason is because I want to do things that are very bad for the bad guys.”
This incident marks the latest in a series of threats against political figures during the current election cycle. Just earlier this month, a 66-year-old Virginia man was arrested on suspicion of making death threats against Vice President Kamala Harris and other public officials.
Media
Trump Media & Technology Group Faces Declining Stock Amid Financial Struggles and Increased Competition
Trump Media & Technology Group’s stock has taken a significant hit, dropping more than 11% this week following a disappointing earnings report and the return of former U.S. President Donald Trump to the rival social media platform X, formerly known as Twitter. This decline is part of a broader downward trend for the parent company of Truth Social, with the stock plummeting nearly 43% since mid-July. Despite the sharp decline, some investors remain unfazed, expressing continued optimism for the company’s financial future or standing by their investment as a show of political support for Trump.
One such investor, Todd Schlanger, an interior designer from West Palm Beach, explained his commitment to the stock, stating, “I’m a Republican, so I supported him. When I found out about the stock, I got involved because I support the company and believe in free speech.” Schlanger, who owns around 1,000 shares, is a regular user of Truth Social and is excited about the company’s future, particularly its plans to expand its streaming services. He believes Truth Social has the potential to be as strong as Facebook or X, despite the stock’s recent struggles.
However, Truth Social’s stock performance is deeply tied to Trump’s political influence and the company’s ability to generate sustainable revenue, which has proven challenging. An earnings report released last Friday showed the company lost over $16 million in the three-month period ending in June. Revenue dropped by 30%, down to approximately $836,000 compared to $1.2 million during the same period last year.
In response to the earnings report, Truth Social CEO Devin Nunes emphasized the company’s strong cash position, highlighting $344 million in cash reserves and no debt. He also reiterated the company’s commitment to free speech, stating, “From the beginning, it was our intention to make Truth Social an impenetrable beachhead of free speech, and by taking extraordinary steps to minimize our reliance on Big Tech, that is exactly what we are doing.”
Despite these assurances, investors reacted negatively to the quarterly report, leading to a steep drop in stock price. The situation was further complicated by Trump’s return to X, where he posted for the first time in a year. Trump’s exclusivity agreement with Trump Media & Technology Group mandates that he posts personal content first on Truth Social. However, he is allowed to make politically related posts on other social media platforms, which he did earlier this week, potentially drawing users away from Truth Social.
For investors like Teri Lynn Roberson, who purchased shares near the company’s peak after it went public in March, the decline in stock value has been disheartening. However, Roberson remains unbothered by the poor performance, saying her investment was more about supporting Trump than making money. “I’m way at a loss, but I am OK with that. I am just watching it for fun,” Roberson said, adding that she sees Trump’s return to X as a positive move that could expand his reach beyond Truth Social’s “echo chamber.”
The stock’s performance holds significant financial implications for Trump himself, as he owns a 65% stake in Trump Media & Technology Group. According to Fortune, this stake represents a substantial portion of his net worth, which could be vulnerable if the company continues to struggle financially.
Analysts have described Truth Social as a “meme stock,” similar to companies like GameStop and AMC that saw their stock prices driven by ideological investments rather than business fundamentals. Tyler Richey, an analyst at Sevens Report Research, noted that the stock has ebbed and flowed based on sentiment toward Trump. He pointed out that the recent decline coincided with the rise of U.S. Vice President Kamala Harris as the Democratic presidential nominee, which may have dampened perceptions of Trump’s 2024 election prospects.
Jay Ritter, a finance professor at the University of Florida, offered a grim long-term outlook for Truth Social, suggesting that the stock would likely remain volatile, but with an overall downward trend. “What’s lacking for the true believer in the company story is, ‘OK, where is the business strategy that will be generating revenue?'” Ritter said, highlighting the company’s struggle to produce a sustainable business model.
Still, for some investors, like Michael Rogers, a masonry company owner in North Carolina, their support for Trump Media & Technology Group is unwavering. Rogers, who owns over 10,000 shares, said he invested in the company both as a show of support for Trump and because of his belief in the company’s financial future. Despite concerns about the company’s revenue challenges, Rogers expressed confidence in the business, stating, “I’m in it for the long haul.”
Not all investors are as confident. Mitchell Standley, who made a significant return on his investment earlier this year by capitalizing on the hype surrounding Trump Media’s planned merger with Digital World Acquisition Corporation, has since moved on. “It was basically just a pump and dump,” Standley told ABC News. “I knew that once they merged, all of his supporters were going to dump a bunch of money into it and buy it up.” Now, Standley is staying away from the company, citing the lack of business fundamentals as the reason for his exit.
Truth Social’s future remains uncertain as it continues to struggle with financial losses and faces stiff competition from established social media platforms. While its user base and investor sentiment are bolstered by Trump’s political following, the company’s long-term viability will depend on its ability to create a sustainable revenue stream and maintain relevance in a crowded digital landscape.
As the company seeks to stabilize, the question remains whether its appeal to Trump’s supporters can translate into financial success or whether it will remain a volatile stock driven more by ideology than business fundamentals.
-
Sports23 hours ago
Canada’s Stakusic, partner Savinykh lose in doubles quarterfinals at Guadalajara Open
-
News24 hours ago
The ancient jar smashed by a 4-year-old is back on display at an Israeli museum after repair
-
News13 hours ago
Reggie Bush was at his LA-area home when 3 male suspects attempted to break in
-
News23 hours ago
Southern Baptist trustees back agency president but warn against needless controversy
-
News12 hours ago
Local Toronto business story – Events Industry : new national brand, Element Event Solutions
-
News13 hours ago
Canadanewsmedia news September 12, 2024: Air Canada pilot strike looms, BC transit strike talks resume
-
News2 hours ago
B.C. to scrap consumer carbon tax if federal government drops legal requirement: Eby
-
News2 hours ago
Hall of Famer Joe Schmidt, who helped Detroit Lions win 2 NFL titles, dies at 92