Breaking
Trump media company announces a massive loss and new turnaround effort Love me, love my bruised ego: what the narcissist-artist film tells us about the fear of ageing Iranian-backed Houthi rebels renew attacks on key port city, and other developments in the Mideast Democratic Arizona Gov. Katie Hobbs chooses former Republican Mayor John Giles as her running mate Authorities say 10 Nigerian police officers were killed in gunbattle with rebels in the north Super Cup: PSG vs Aston Villa, UEFA vs FIFA and the Somali ref barred from the World Cup YouTube sensation Ms. Rachel announces debut album, ‘I’m So Happy’ AI agent hacks gym to get its owner spot in pilates class Eclipse chasers scramble for glasses as stocks run low 'I won Commonwealth bronze - then went back to work at McDonald's'
NEWSREEL
The day, in 30-second reels.
--:--:--
Business / Reel
Business · Video brief

Trump media company announces a massive loss and new turnaround effort

Trump Media has reported a staggering $238 million loss this quarter. In response, the company is refocusing on its social media roots under new CEO McGurn, who plans to abandon unrelated business ventures and launch a new API service for a...

AP News· Aug 11, 2026 · 1:21 PM · 1 views

Video won't play? Watch on YouTube →

Trump Media has reported a staggering $238 million loss this quarter. In response, the company is refocusing on its social media roots under new CEO McGurn, who plans to abandon unrelated business ventures and launch a new API service for a potential turnaround. Full story and more reels: https://newsreel.video #news #breaking #TrumpMedia #business #socialmedia

Originally reported by AP News. Read the full story →

More in Business

Business Busin
Business

Eclipse chasers scramble for glasses as stocks run low

BBC News· 1 hour ago
Business Busin
Business

As Trump Media scraps some businesses, it’s doubling down on Truth Social and the president

AP News· 2 hours ago
Business Busin
Business

Oil prices hold steady after jumping 5%, while Asian shares are mixed

AP News· 4 hours ago

0 Comments

No comments yet. Be the first.