Trump Starts Media Group, 'Truth Social' Platform
By Eric Mack | Wednesday, 20 October 2021 08:56 PM
Former President Donald Trump has announced the Trump Media & Technology Group, merging with Digital World Acquisition Corp. to become a publicly listed company with a potential valuation of up to $1.7 billion.
A new social media platform called Truth Social is set to launch in early 2022, to compete with the likes of Facebook and Twitter — two sites that have left the former president banned — along with a ''subscription video on demand service'' to rival Google's YouTube.
''I created TRUTH Social and TMTG to stand up to the tyranny of Big Tech,'' Trump wrote in the announcement Wednesday night. ''We live in a world where the Taliban has a huge presence on Twitter, yet your favorite American President has been silenced.
''This is unacceptable.''
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READ MORE: https://www.newsmax.com/newsfront/truth-social-media-technology/2021/10/20/id/1041358/