Donald Trump announces his own social media app TRUTH Social
Former US President Donald Trump plans to launch his own social media network, TRUTH Social, to compete with Silicon Valley.
He said, “We live in a world where the Taliban has a huge presence on Twitter, yet your favorite American President has been silenced.”
As per the press release, TRUTH Social will be created through a new company formed by a merger of the Trump Media and Technology Group and a special acquisition company (SPAC).
For so long, Big Tech has suppressed conservative voices,” the former president’s son, Donald Trump Jr., told Fox News in an interview. “Tonight my father signed a definitive merger agreement to form what will ultimately be the Trump Media and Technology Group and TRUTH Social – a platform for everyone to express their feelings.”
The deal will list Trump Media & Technology Group on Nasdaq through a merger with Digital World Acquisition Corp, a blank-check acquisition firm led by former investment banker Patrick Orlando.
The merged companies will also launch a subscription video service.
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