Trump Media and Tech Group (NO Politics Allowed) (DJT)

[TraderAI]

Wrong! The media lied again and had to issue retractions and corrections after "knowingly" publishing harmful and incorrect financials that TMTG lost $73 million.

Even low rated Jimmy Kimmel had to issue an apology and retraction:

"On Thursday night's episode of his show, Kimmel revealed he'd received a letter from Trump Media and Technology Group (TMTG), the organization that runs Trump's social media site Truth Social. It requested that the host retract a statement he had made about the platform during the show on Tuesday.

While on air, the comedian said Truth Social had lost $73 million since its launch. However, once he and his team went back and checked TMTG's filing with the SEC, it turned out that the company had lost $31.6 million. Not $73 million."

Oops. Spreading misinformation can cause a material impact.

The letter demanded that ABC "completely retract all versions of the segment" and "publish a mutually agreeable apology, acknowledging that the segment was false and must be retracted. Unless these steps are taken immediately, TMTG will take swift legal action to uphold its rights and reputation."

ABC forced Kimmel to retract his statement and relented to Trump in a public retraction and apology.

The disgraced comedian Jimmy Kimmel acquiesced.