Trump Media & Technology said on Monday that it recorded a loss of 238 million dollar in the three months to the end of June. That was more than ten times the 20 million dollar loss reported in the same period a year earlier. Trump Media will return its focus to social media and largely withdraw from business areas such as online betting and cryptocurrencies, McGurn said. On an adjusted basis, the operating loss amounted to 164 million dollar, compared with 44 million dollar a year earlier. Revenue rose 89 percent in the second quarter to just 1,7 million dollar.