The tech industry refers to the sector of the economy that is centered around the development, manufacturing, and distribution of technology-related products and services. This industry encompasses a wide range of fields, including information technology (IT), electronics, software development, telecommunications, and biotechnology. The tech industry plays a crucial role in innovation and economic growth, driving advancements in areas such as artificial intelligence, cloud computing, and mobile communications. It is characterized by rapid changes, high levels of investment in research and development, and a workforce that is often highly skilled and specialized. The tech industry has a significant impact on various aspects of modern life, influencing how people communicate, access information, and conduct business.
Trump's social media venture, Truth Social, faces a $400.9 million revenue shortfall and a 12% income drop, highlighting financial challenges. The company maintains secrecy, not providing usual indicators of performance…