Ravi Singh
Trump to Launch A social Media Platform that Allows People to Air Issues Regardless of their Ideology
Trump to Launch A social Media Platform that Allows People to Air Issues Regardless of their Ideology
Sigalos M. (2021 Oct 20). Trump announces social media platform launch plan, SPAC deal. CNBC: https://www.cnbc.com/2021/10/20/trump-announces-social-media-platform-launch-plan-spac-deal.html
The author of this article reports that the former president of the United States, Donald Trump intends to launch a new social networking site that will be called TRUTH Social. According to Trump, the primary purpose of this platform is to provide an opportunity for people regardless of their ideologies to air out their views; something that is believed to be missing in the dominance of the Big Tech. The company will be a merger between Trump Media and Technology Group and Digital World Acquisition Group. The new company will go public and be listed on NASDAQ. According to the press release, the transaction will raise the value of TMTG to 1.7 billion dollars. The press release further indicates that the app will be ready for use in 2022, but users can make pre-orders in the Apple Store. The platform is aimed at providing a wide range of features such as entertainment, podcasts and news.
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