Trump Media has struggled to grow. Now it's selling $100,000 contracts for access to Truth Social. - CBS News

Trump Media & Technology Group is trying to boost growth by selling faster access to President Trump's Truth Social posts through its Truth API data feed, with contracts running up to $100,000 a month.
CEO Kevin McGurn told investors on Monday that the company has signed "more than 10" customers, mostly high-frequency securities trading firms seeking an edge from seeing the president's posts milliseconds early, with contracts generally ranging from $60,000 to $100,000 monthly.
The Truth API provides access to the network's top accounts, not just Mr. Trump's, potentially giving traders a head start on investment decisions tied to announcements on tariffs and foreign policy, which financial experts said raises ethical concerns.
McGurn said Trump Media is in "active conversations" with large cloud computing firms, artificial intelligence companies and news organizations, and eventually plans to market the feed to ordinary retail investors.
The service has drawn a lawsuit filed Wednesday in the U.S. District Court in Manhattan by The Intercept and the nonprofit Freedom of the Press Foundation, alleging the subscriptions are "extraordinary, corrupt and unconstitutional" and violate the First and Fifth Amendments.
The plaintiffs argue there is no legitimate interest in allowing the president to profit from government information, with Intercept editor-in-chief Ben Muessig accusing Trump of "privatizing government information," while Trump Media responded that Mr. Trump's statements are widely available.