{"ok":true,"events":[{"content":"Truth Social will be spinning off its crypto and fintech ventures into a separate company. So Truth Social will be it's own company.\n\nMy guess: it\u2019s because the social media platform itself will likely never be very profitable and they know it.\n\nIf the money-losing social network stays merged with the new tech ventures, it drags down the investment story. Separating them lets investors fund the \u201cfuture\u201d projects without the social media losses attached.\n\nClassic corporate move: isolate the weak business, pitch the shiny one.\n\n ","created_at":1773164227,"id":"7a97463cc1749320bf7d4741c3ff99a836abd08967ce2b11726b7878eeb7f15b","kind":1,"pubkey":"c7acabf1fed201a53185e4dc5e0c6bae2bc5db19d73abf840535f305d8f05180","sig":"12e00716f820de8a937d0ecb31d41a9a2ad2a7a075813b0fafe4f98a313810a894b6cb2fc6c989995af06a087092b23accc8de507ff8c80bcfc32df585fe78b1","tags":[["alt","A short note: Truth Social will be spinning off its crypto and f..."]]}],"count":1,"total_count":1}