The subscription business
->Perniagaan langganan
Paragraph:Truth API has more than 10 subscribers, each paying between $60,000 and $100,000 per month. That's a tidy recurring revenue stream for a company that reported just $1.7 million in total revenue for the quarter, up 89% from a year earlier. But the service has also drawn political scrutiny. Representative Jamie Raskin sent a letter to McGurn in late July demanding a full list of subscribers, and Democratic lawmakers have separately pushed for a formal SEC investigation, arguing the service effectively sells access to market-moving information tied to the presidency.
Translation:Truth API mempunyai lebih daripada 10 pelanggan, masing-masing membayar antara $60,000 dan $100,000 sebulan. Itu adalah aliran hasil berulang yang kemas untuk syarikat yang melaporkan hanya $1.7 juta jumlah hasil bagi suku tersebut, meningkat 89% daripada tahun sebelumnya. Tetapi perkhidmatan itu juga menarik perhatian politik. Wakil Jamie Raskin menghantar surat kepada McGurn pada akhir Julai menuntut senarai penuh pelanggan, dan ahli undang-undang Demokrat secara berasingan mendesak siasatan SEC rasmi, dengan alasan perkhidmatan itu secara berkesan menjual akses kepada maklumat yang mempengaruhi pasaran yang berkaitan dengan jawatan presiden.
Next:The earnings hit
->Kesan pendapatan
or "Kesan ke atas pendapatan" but we can say "Kesan pendapatan" or "Pukulan pendapatan" - better "Kesan pendapatan" but "hit" means negative impact. We'll use "Kesan negatif pendapatan" but simpler: "Kesan pendapatan" might be ambiguous. Let's use "Kesan ke atas pendapatan" but that's long. Actually "The earnings hit" means the loss. We can translate as "Kerugian pendapatan" but that's not exact. Maybe "Kesan pendapatan" is fine. Or "Pendapatan terjejas". I'll use "Kesan pendapatan" for simplicity. Paragraph:The revenue growth didn't come close to offsetting the losses. Trump Media posted a second-quarter net loss of $238 million, more than 10 times the loss reported a year earlier. Unrealized markdowns on Bitcoin and equity holdings drove most of the shortfall. Analyst Markus Thielen of 10x Research put it bluntly: Trump Media "operates more like a crypto fund than a media company."
Translation:Pertumbuhan hasil tidak menghampiri untuk mengimbangi kerugian. Trump Media mencatat kerugian bersih suku kedua sebanyak $238 juta, lebih daripada 10 kali ganda kerugian yang dilaporkan pada tahun sebelumnya. Penurunan nilai belum direalisasi pada pegangan Bitcoin dan ekuiti menyebabkan sebahagian besar kekurangan itu. Penganalisis Markus Thielen dari 10x Research menyatakannya secara terus terang: Trump Media "beroperasi lebih seperti dana kripto daripada syarikat media."
Note: "crypto fund" -> "dana kripto" (kripto is common). "equity holdings" -> "pegangan ekuiti". "shortfall" -> "kekurangan" or "defisit". I'll use "kekurangan". Next:Crypto ambitions pull back
->Ambisi kripto berundur
or "Cita-cita kripto menarik balik" but "pull back" means retreat. We'll use "Cita-cita kripto berundur" or "Ambisi kripto mengecil". I'll use "Cita-cita kripto berundur". Paragraph:That crypto exposure is getting smaller, though. Trump Media walked away from a planned prediction-market venture with Crypto.com, part of a broader pullback under McGurn. The company still aims to close a merger with fusion firm TAE Technologies, but McGurn originally expected that deal to close months ago. It hasn't.
Translation:Walau bagaimanapun, pendedahan kripto itu semakin kecil. Trump Media menarik diri daripada usaha pasaran ramalan yang dirancang dengan Crypto.com, sebahagian daripada pengunduran yang lebih luas di bawah McGurn. Syarikat itu masih menyasarkan untuk menutup penggabungan dengan syarikat pelakuran TAE Technologies, tetapi McGurn pada asalnya menjangkakan perjanjian itu akan ditutup beberapa bulan lalu. Ia belum berlaku.
Note: "walked away" -> "menarik diri" (withdrew). "prediction-market venture" -> "usaha pasaran ramalan". "fusion firm" -> "syarikat pelakuran" (fusion is "pelakuran" in Malay, but often "fusi" is used? Actually "fusion" in physics is "pelakuran" or "fusi". I'll use "pelakuran"



