Merging company

Trump announces new social media network called “TRUTH Social”


Old President TrumpDonald Trump Trump defends indicted GOP congressman to vote Thursday in contempt of Bannon Youngkin calls for investigation of Loudoun County school board amid allegations of sexual assault MORE announced on Wednesday the upcoming launch of its own social media network, with the new site to be called “TRUTH Social”.

“I created TRUTH Social and TMTG to resist the tyranny of Big Tech. We live in a world where the Taliban have a strong presence on Twitter, but your favorite US president has been silenced. This is unacceptable, ”Trump said in a statement.

“I’m excited to be posting my first TRUTH Social very soon. TMTG was founded with the mission of giving everyone a voice. I’m excited to start sharing my thoughts on TRUTH Social and fighting Big Tech soon. Everybody asks me why nobody stands up to Big Tech? Well, we will be soon! ”He added.

Trump was largely banned from major social media networks, including Facebook and his favorite Twitter, earlier this year after the deadly Jan.6 riot on Capitol Hill. After leaving office, he ran a blog similar in style to Twitter before shutting it down about a month after launch.

Earlier in October, Trump asked a federal judge to force Twitter to reinstate his account.

“Coerced by members of the United States Congress, operating under unconstitutional immunity granted by permissive federal law and acting directly with federal officials, the defendant censures the plaintiff, a former president of the United States,” reads -on in the motion.

A beta launch of the site for “guests” is expected in November with a full launch in the first quarter of 2022.

The upcoming launch of the site was accompanied by the announcement that Trump Media & Technology Group has entered into a definitive merger agreement with Digital World Acquisition Corp. which will allow it to become a listed company.

According to MarketWatch, Digital World Acquisition Corp. is a blank check company that was founded on December 11, 2020. As a blank check company, it does not have a specific business plan and was created for the purpose of acquiring or merging with other companies.

The Trump Media & Technology Group has also announced plans to launch a subscription video service called TMTG + that will feature “non-awakened” programming. The new venture will be led by reality TV producer Scott St. John who has worked on shows like “Deal or No Deal” and “America’s Got Talent”.


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