Topic: Truth Social Api

2 chapters across the catalog

We Need Memes!
Episode 1891 21:05 - 31:46

1891: We Need Memes!

Senator Chris Murphy, Truth Social API and Insider Trading Claims

Senator Chris Murphy criticized a new Truth Social subscription service that provides early API access to Donald Trump's posts for $100,000 per month. Murphy characterized the service as a "criminal syndicate" allowing Wall Street firms to engage in legal insider trading by gaining information milliseconds before the public. The hosts argue that similar APIs exist on platforms like X and that the service is a standard capitalist data product rather than a bribe.

We Need Memes!
Episode 1891 31:47 - 39:45

1891: We Need Memes!

David Pakman, Trump Media and High Frequency Trading

Progressive commentator David Pakman detailed the financial implications of the Truth Social API, noting that Trump Media offers a discounted rate of $60,000 per month for three-year commitments. The discussion focuses on how high-frequency trading algorithms utilize millisecond advantages to execute trades based on market-moving announcements. The hosts speculate on the risks of AI misinterpreting typos in Trump's posts, which could lead to rapid financial losses.