‘Substantial doubt’ Trump’s Truth Social will survive, accountants warn ...Middle East

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‘Substantial doubt’ Trump’s Truth Social will survive, accountants warn
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By Matt Egan, CNN New York (CNN) — Former President Donald Trump’s social media venture Truth Social is burning cash and piling up losses so rapidly that accountants warn it might not survive unless it soon completes a long-delayed merger, according to corporate filings. Trump Media & Technology Group (TMTG), which is chaired by the former president, has lost $31.6 million since the company launched in early 2021, SEC filings released Monday show. Truth Social launched in early 2022 as an alternative to Twitter, which is now known as X and is owned by billionaire Elon Musk. At the time, Trump had been banned from what was then Twitter for breaking the platform’s rules on promoting vio

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