Uber adds parking reservations after buying SpotHero
The service will debut in 15 U.S. cities, while Uber also sees potential for parking locations to support its autonomous-vehicle partners.
Trump Media posts $409.7 million profit as revenue climbs 205%
Truth API subscriptions contributed $1.8 million in revenue, while gains on digital assets and investments accounted for most of the profit.
Trump Media & Technology Group said November 9 that revenue rose 205% to $3.0 million for the third quarter, with its Truth API data business providing the main impetus. The company reported a $409.7 million net profit, reversing a $54.8 million loss a year earlier.
The results cover the quarter that ended September 30. Trump Media said most of its profit came from higher valuations of digital assets and investments, while Truth API brought in $1.8 million from subscriptions.
Introduced earlier in the year, Truth API gives paying subscribers licensed access to public posts on Truth Social with minimal delay, the company said. Bloomberg, Susquehanna International Group and Jump Trading were among customers paying $60,000 to $100,000 monthly for quicker access, according to a media report.
Founded by U.S. President Donald Trump, the Truth Social operator has been pursuing a shift beyond social media toward a wider range of technology and investment activities.