Truth Social, the social media platform founded by President Donald Trump, has signed up news and data provider Bloomberg and two Wall Street firms for faster access to the president’s posts, reports Anirban Sen and Edmund Lee of Reuters.
Sen and Lee writes, “While Truth Social’s pay-for-access plan ventures into untested legal territory, Intercept Media and the Freedom of the Press Foundation sued Trump in August, seeking to block the White House from posting official government announcements exclusively on Truth Social while the paid feed exists. The suit, which is ongoing, alleges that erecting a financial barrier to government information is potentially unconstitutional and favors wealthy Wall Street firms.
“Bloomberg, Jump Trading and Susquehanna declined to comment.
“In a statement, Trump Media said: ‘Truth Social offers an industry-standard API product for which there is significant demand across industries. We take customer confidentiality seriously. This reporting is based on misleading information being peddled by anonymous sources aimed at harming our company, customers and shareholders.'”
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