• Cryptocurrency
  • Earnings
  • Enterprise
  • About TechBooky
  • Submit Article
  • Advertise Here
  • Contact Us
TechBooky
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
TechBooky
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Home Social Media

Trump Launches His Own App And Social Media Site

Paul Balo by Paul Balo
October 21, 2021
in Social Media
Share on FacebookShare on Twitter

We have been availed of Donald Trump’s imbroglio with popular social media giants, Facebook, Instagram and  Twitter with the world most powerful apps blacklisting the former United States Chief Executive as a result of his ‘at times’ caustic vituperations.

Facebook, Twitter, Instagram and major social media sites gave him a red card for his alleged role in the January 6, 2021 Capitol insurrection and after months after, the former President of the United States has announced he would  launching a new media company with its own social media platform.

According to Trump, his intention to launching the Trump Media and Technology Group (TMTG) and the corresponding ‘Truth Social’ app is to rival the Big Tech companies that have shut him out and denied him the megaphone that was paramount to his national rise.

“We live in a world where the Taliban has a huge presence on Twitter, yet your favourite American President has been silenced,” he said in a statement. “This is unacceptable.”

Ever since he was banned from Twitter and Facebook, Donald Trump has continuously voiced out his frustrations and the Big tech guys monopoly of free speech and has intimated the public about his plans to launch his own social media site, with an earlier effort made to launch a blog on his existing website getting abandoned after the page drew dismal views.

Apart from the Truth Social app which being expected to get launched in November, with a nationwide rollout scheduled for early 2021, the TMTG is also having in the works a video-on-demand service coined TMTG+ that will have in its feature, entertainment programming, news and podcasts.

The TMTG presentation on Trump’s website has in one slide that included a graphic of TMTG’s potential competitors, ranging from Facebook and Twitter to Netflix and Disney+ to CNN, with the same slide suggesting that the TMTG in the long term will also transform to becoming a power in cloud computing and payments, a suggestion that it will go head-to-head with Amazon, Microsoft, Google and Stripe.

The presentation did not fail to take some jabs at Trump’s previous favorite social network, with the slide accompanying the Truth Social preorders listing in Apple’s app store depicting a social network that has a striking resemblance to Twitter, right down to short messages and user handles preceded by “@” signs.

The graphics also featured a user with the name ‘Jack’s Beard’, where the mimicked Jack had to fume and show his anger when an employer stalled with his order to delete a user and its posts, describing it ‘kinda an overreach’. The ‘Jack’s Beard account is also laced with the @ handle @jack, akin to Twitter’s CEO, Jack Dorsey’s handle on the microblogging site. It should be noted that the Twitter henchman has a long scraggly beard that has drawn the attention of global users and the beard after Jack in the TMTG’s presentation appears like a direct jab at him.

Of note is Truth Social’s term of service, which forbids users from annoying any of the site’s employees and from statements that “disparage, tarnish, or otherwise harm, in our opinion, us and/or the Site”, though it was not immediately clear who the “us” in that statement refers to.

TMTG announced that the new app and social site was done through a merger with Digital World Acquisition Corp., while noting that it seeks to become a publicly listed company.

Digital World Acquisition Corp (DWA), a Miami based special-purpose acquisition company (SPAC) belonged to the category of companies designed to list the shares of a private company more quickly than a traditional initial public offering. This entails that in actual terms the SPAC acquires a private firm, while changing its name and other details to those of the acquired firm. It is a common practice for Special-Purpose Acquisition Companies to pay for their acquisitions with cash provided by investors who bought into the SPAC’s initial public offering.

According to a filing with the Securities and Exchange Commission (SEC), $287.5 million was raised from DWA’s Sept. 8 with the company announcing that it has raised roughly $293 million in cash, to be used to grow TMTG’s ventures.

Related Posts:

  • wordpress
    Filing Shows That Donald Trump Stepped Down As…
  • acastro_211101_1777_meta_0002-1068×559
    Meta Set To Reinstate Trump’s Facebook And Instagram…
  • Music Billionaire Kanye West Set To Acquire Social…
  • TikTok Quest to Tackle Content Moderation Challenges in Kenya.
    Breaking: TikTok to Resume Services for 170 Million…
  • PC shipments Q2 IDC
    Donald Trump-owned Truth Social Gets Denied Entry On…
  • Twitter Has Been Officially Acquired By Elon Musk
    Twitter Has Been Officially Acquired By Elon Musk
  • Twitter Shares Fall 18 Percent After Elon Musk Said…
  • whatsapp insta
    Possible Separation if Meta face FTC Trial from…

Discover more from TechBooky

Subscribe to get the latest posts sent to your email.

Tags: donald trumptrump social mediatruth
Paul Balo

Paul Balo

Paul Balo is the founder of TechBooky and a highly skilled wireless communications professional with a strong background in cloud computing, offering extensive experience in designing, implementing, and managing wireless communication systems.

BROWSE BY CATEGORIES

Select Category

    Receive top tech news directly in your inbox

    subscription from
    Loading

    Freshly Squeezed

    • Tech Hype vs. Reality – When Big Tech Missed the Mark Pt. 3 May 11, 2025
    • Google’s Antitrust Showdown, AI vs. Search, and other Headlines May 11, 2025
    • Huawei Officially Launches HarmonyOS for PC May 10, 2025
    • Canada Nears Launch of Instant Payment Technology May 10, 2025
    • Threads Adds Dashboard for Post & Account Limits May 10, 2025
    • Many X Users are Experiencing Timeline Update Issues May 10, 2025

    Browse Archives

    May 2025
    MTWTFSS
     1234
    567891011
    12131415161718
    19202122232425
    262728293031 
    « Apr    

    Popular Tags

    africa (135) AI (497) android (367) app (717) Apple (577) artificial intelligence (419) business (482) china (132) cryptocurrency (210) ecommerce (122) enterprise (287) facebook (507) fintech (244) funding (121) gadget (558) gaming (201) google (710) government (469) instagram (173) internet (467) ios (291) iphone (246) meta (116) microsoft (369) mobile (352) new feature (384) nigeria (440) privacy (158) research (140) samsung (185) security (421) smartphone (277) social media (836) software (509) startup (419) streaming (174) telecom (242) tips (372) twitter (289) united states (216) users (158) videos (127) website (173) whatsapp (201) youtube (138)

    Quick Links

    • About TechBooky
    • Advertise Here
    • Contact us
    • Submit Article
    • Privacy Policy

    About Us

    TechBooky

    TechBooky is a social Tech blog with a special focus on the budding African Technology sector. TechBooky is currently based in Abuja, Nigeria.

    Recent News

    Tech Hype vs. Reality – When Big Tech Missed the Mark Pt. 1

    Tech Hype vs. Reality – When Big Tech Missed the Mark Pt. 3

    May 11, 2025
    Google’s Antitrust Showdown, AI vs. Search, and other Headlines

    Google’s Antitrust Showdown, AI vs. Search, and other Headlines

    May 11, 2025
    Huawei Officially Launches HarmonyOS for PC

    Huawei Officially Launches HarmonyOS for PC

    May 10, 2025
    Canada Nears Launch of Instant Payment Technology

    Canada Nears Launch of Instant Payment Technology

    May 10, 2025
    Advertisement Coming to Threads from Next Year

    Threads Adds Dashboard for Post & Account Limits

    May 10, 2025
    Many X Users are Experiencing Timeline Update Issues

    Many X Users are Experiencing Timeline Update Issues

    May 10, 2025
    • Login

    © 2021 Design By Tech Booky Elite

    Generic selectors
    Exact matches only
    Search in title
    Search in content
    Post Type Selectors
    • African
    • Artificial Intelligence
    • Gadgets
    • Metaverse
    • Tips
    • About TechBooky
    • Advertise Here
    • Submit Article
    • Contact us

    © 2021 Design By Tech Booky Elite

    Discover more from TechBooky

    Subscribe now to keep reading and get access to the full archive.

    Continue reading

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok