AdvertisementAdvertisementThe download screen for the Truth Social app is seen on a laptop on Mar 20, 2024, in New York. (File photo: AP/John Minchillo, File)17 Jul 2026 07:13AM (Updated: 17 Jul 2026 07:16AM) Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInAdd CNA as a trusted source to help Google better understand and surface our content in search results.Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST WASHINGTON: Donald Trump's media company said Thursday (Jul 16) it planned to sell faster access to market-moving social media posts by the US president.The move would effectively monetise Trump's Truth Social posts, with which he has used to make world headlines on everything from the Iran war to the economy.Trump Media said the Truth API service would provide "licensed, real-time access to posts from the highest-ranking Truth Social accounts".The service, starting Aug 1, could benefit traders and financial news organisations that rely on split-second margins for breaking news.Show MoreShow Less"Markets already move on Truth Social posts," said Kevin McGurn, Interim Chief Executive Officer of Trump Media and Technology Group.The firm said it would help "close the gap" for firms that have "relied on manual monitoring" to monitor Truth Social posts.Trump set up Truth Social after being banned from Twitter - now called X - following the US Capitol attack by supporters trying to overturn his 2020 election defeat.It is now his go-to platform for making major announcements - but selling high-speed access raises fresh questions about Trump monetising the presidency.Trump earned at least US$1.2 billion from his family's cryptocurrency activities last year, according to filings released in June.An API - short for Application Programming Interface - is a service that allows two different computer programs to interact with one another, potentially opening the door for faster automated monitoring of Trump's posts. Other social media platforms, like X, provide similar access to their platforms.Trump defends earning more than US$1 billion on cryptoPrediction markets face scrutiny after bets on Iran strikes raise insider trading concernsSource: AFP/coSign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST