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Trump Begins Selling $100,000 Monthly Subscription Service to Wall Street

Par : BeauHD
4 août 2026 à 19:00
Trump Media has officially launched its $100,000-per-month data feed giving trading firms machine-readable access to Truth Social posts milliseconds before the public. According to Fortune, five Wall Street firms have already signed up for the service, which "would generate about $500,000 in monthly revenue, or $6 million annually." Critics argue the service could let President Trump, who owns about 41% of the company, profit from early access to market-moving presidential communications. "I'll be blunt," Gian Luca Clementi, an economics professor at NYU Stern School of Business, told Fortune. "This is insider trading by definition." "He's going to monetize the role of the office of the president of the United States," he said. "The undisputable fact is that somebody is going to earn some more money than before, and that's the president of the United States." From the report: Trump's media venture has struggled to build a profitable social media business despite its lofty valuation. Truth Social has reported significant operating losses since going public. According to the company's earnings report for Q1 2026, Trump Media & Technology Group netted a roughly $405 million loss and raised less than $900,000 in sales. Not everyone agrees the arrangement meets the legal bar for insider trading. Shannon Devine, a spokeswoman for Trump Media & Technology Group, has pushed back on the characterization, telling Quartz that Truth API "offers customers the fastest way to ingest publicly available Truth Social data" and that critics "must have invented a new theory of 'insider trading' based on publicly available information." Classic insider trading law hinges on trading on secret, material information in breach of a fiduciary duty, and Truth Social posts are, by design, meant to become public within moments -- raising real doctrinal uncertainty about whether faster access alone qualifies. But other legal experts argue the greater risk lies ahead. Richard Painter, former White House chief ethics counsel, has argued that the arrangement could violate federal law once Trump posts genuinely market-moving news -- on tariffs, military action, or other policy decisions -- before it's public, with Truth Social effectively acting as a paid "tipper" on the president's behalf. Sen. Alex Padilla (D-Calif.) said he plans to introduced legislation Tuesday to ban the president from selling expedited access to his statements.

Read more of this story at Slashdot.

Un cargo indien coule en mer Rouge après avoir été attaqué par une embarcation piégée

Le ministère indien des Affaires étrangères a condamné l’attaque, précisant que 13 marins à bord avaient été secourus.

© KHALED ZIAD / AFP

L’attaque a eu lieu au large de Hodeida, un port yéménite tenu par les Houthis.

This camera battery doubles as a secret tracker (for iPhone users)

Falcam’s TagBatt has Apple’s Find My tech built in, letting you track and locate your gear.

A Falcam TagBatt in the grip of a Sony cameraFalcam

We’ve seen a recent trend of camera accessory companies building in clever hiding spaces for Apple AirTags into their products. Whether it’s a camera cage with a hole for one cut out, or a bag with a tiny pocket for them, there are more and more options for making sure you can find your expensive gear if it gets misplaced or stolen.

Falcam is taking the concept even further, building support for Apple’s Find My network into batteries for Canon and Sony cameras. For those unfamiliar, the trick of Apple’s Find My is that it uses many of the company’s products – including the iPhone – to anonymously track the location of devices on the network. This solves the issue of previous Bluetooth trackers by making it so you’re no longer relying on a relatively small group of people who use the same tracker as you and are running the app to be around the thing you’re trying to find.* The tech is what powers Apple’s ever-popular AirTags.

Graphic advertizing the tracking capabilities of the Falcam TagBattFalcam

Of course, the main purpose of Falcam’s TagBatts isn’t to find a misplaced camera; it’s to power the device you have in your hand. The company is making two versions: one that’s compatible with cameras that use Sony’s NP-FZ1000 series batteries (which is to say, most of the company’s modern cameras, as well as a host of other devices), and one that mimics Canon’s LP-E6 (again, supported by a wide range of the company’s DSLRs and mirrorless cameras). Falcam’s site also indicates that versions for Nikon and Fujifilm cameras are coming soon.

Both versions of the battery have a 17.4Wh capacity, which is slightly higher than the own-brand models they’re meant to replace. In an FAQ on its website, Falcam says the tracking feature uses a very small amount of power that “does not meaningfully reduce normal camera runtime,” though notes that it won’t work if the battery is completely drained. The battery also has a built-in USB-C port, letting you charge it directly outside the camera if you want, though it’s still compatible with traditional cameras and can also be charged inside the camera.

They’ll be useful for seeing where your camera is on a map, but won’t help you figure out which bag you left your spare batteries in

There are a few caveats to note. The first is that camera manufacturers don’t typically guarantee support for every camera feature when you’re using a third-party battery, and Falcam is new to making batteries, so it might be worth waiting for a few reviews to make sure everything works as expected. The second relates to Find My; many people will be familiar with the AirTag feature that lets you search around for your device, using your phone to point the way. This feature, however, isn’t inherent to Find My devices, and Falcam’s website makes no mention of the ultra-wideband tech that enables it on its product page for the batteries. That means they’ll be useful for seeing where your camera is on a map, but won’t help you figure out which bag you left your spare batteries in.

The Falcam TagBatt costs $70 for the Sony version and $65 for the Canon one, and they are available from the company’s website. That’s definitely pricier than competing third-party models from companies like SmallRig and Wasabi Power, but those don’t include Find My functionality. Neither do the own-brand models, which cost more.

* Though it introduces a new problem in that it’s not particularly cross-platform compatible. Android phones won’t report a Find My device’s location, and the Find My service won’t be particularly useful to you if you don’t have an Apple device. Google has its own version of the system, but the two are broadly incompatible.

About the Author: Mitchell started taking pictures at 10 and hasn’t stopped since. It’s been a wide-ranging adventure, spanning a wide variety of genres and locales, and occasionally dipping into fascinations with video and filmmaking. They honed their technical knowledge doing documentation, programing and QA, writing for The Verge, and just generally messing around on the computer to see what breaks.

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