Why Twitter will never win a war on truth with Donald Trump
4 years, 7 months ago

Why Twitter will never win a war on truth with Donald Trump

CNN  

CNN — On Tuesday afternoon, Twitter tried to strike a blow for truth. On one of President Donald Trump’s many misleading tweets about mail-in balloting, the social media company added a small tag that read: “Get the facts about mail-in ballots.” Click the link and it takes you to a Twitter page with facts about mail-in balloting – it is not “rigged” as Trump suggests – provided by mainstream media outlets. Twitter is completely stifling FREE SPEECH, and I, as President, will not allow it to happen!” On Wednesday morning, Trump upped the ante – suggesting he would shut down social media sites. Big action to follow!” Many people – especially Trump supporters – will never even go to Twitter to see the tag that the site has appended to Trump’s tweets. For Trump backers, then, this attempt by Twitter to put people to facts when the President has made a false claim isn’t a good faith effort.

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History of this topic

Trump declares a new war on Big Tech
4 weeks, 1 day ago

Trump declares a new war on Big Tech

Politico  

“At the FTC, we will end Big Tech’s vendetta against competition and free speech,” Ferguson pledged on X. Carr, a longtime conservative gadfly initially nominated to the FCC by Trump and strongly supported by Elon Musk, has leaned into culture-war rhetoric and last month pledged on social media and cable news to smash the “censorship cartel” of Big Tech. Adam …

Donald Trump dismisses ‘fake and illegal’ Truth Social ‘rumours’ spreading after his election victory
Top News
2 months ago

Donald Trump dismisses ‘fake and illegal’ Truth Social ‘rumours’ spreading after his election victory

Hindustan Times  

Former US President Donald Trump has finally broken his silence on social media following his recent election victory, addressing speculation around his investment in Truth Social, the platform he founded after his Twitter ban in early 2021. REUTERS/Jonathan Drake/File Photo Earlier rumors had circulated that Trump might sell shares in Truth Social, which he strongly refuted in a statement, calling …

Trump promises he won't sell Truth Social shares, calls for investigation into rumors
Trending News
2 months ago

Trump promises he won't sell Truth Social shares, calls for investigation into rumors

Salon  

Donald Trump promised not to sell off shares of Truth Social's parent company and called for an investigation into rumors that he would on Friday. Trump's commitment to his stock came in a post to his social media platform, his first written post to the site since his election victory. "There are fake, untrue, and probably illegal rumors and/or statements …

Twitter: Want to fight Donald Trump and Elon Musk? Delete your X accounts.
2 months ago

Twitter: Want to fight Donald Trump and Elon Musk? Delete your X accounts.

Slate  

By the time Elon Musk closed his $44 billion purchase of Twitter in October 2022, aided in large part by a mafia of big banks and reactionary hedge fund owners, he’d already made quite clear what his new political project was going to be. He’d been egged on throughout the year by a coterie of far-right influencers and yes-men who …

'Truth Social is dead in the crib' after election win: analyst
Trending News
2 months ago

'Truth Social is dead in the crib' after election win: analyst

Raw Story  

Donald Trump's Truth Social platform may have its future as a viable — yet money-losing — site impacted now that the former president is headed back to the Oval Office, according to an analyst. He added that the Trump win could end up being his Truth Social investor's loss – particularly if he sells off a substantial amount of stock …

Truth Social: Why Trump being president again is horrible for his social media company.
Top News
2 months ago

Truth Social: Why Trump being president again is horrible for his social media company.

Slate  

At least the stock market is happy about the election. One big mover on Wednesday, though, was nonsense: Trump’s social media company, Trump Media and Technology Group, rose by 6 percent, beating an already hot market. Although his victory has already been good for Trump Media stock, his return to power is unambiguously horrible for Truth Social’s actual business. But …

Donald Trump’s fortune to jump by $1.4bn
2 months ago

Donald Trump’s fortune to jump by $1.4bn

The Telegraph  

Truth Social, which functions similarly to Twitter, has largely been seen as a microphone for the Republican candidate and former president. Although Mr Trump has recently started posting regularly on the app, now called X, he continues to post frequently on Truth Social. On Tuesday night TMTG published quarterly results showing it brought in revenue of just $1.01m in the …

Expect This Election to Play Differently than 2020 on Social Media
2 months ago

Expect This Election to Play Differently than 2020 on Social Media

Bloomberg  

Heading into the US presidential election four years ago, Facebook and Twitter instituted substantial policies to combat misleading political content, touted their investments into content moderation and promised to do all they could to avoid a free-for-all on their platforms. Just before Election Day in 2020, Facebook Chief Executive Officer Mark Zuckerberg told investors the election would be a test …

Trump's Truth Social Stock Soars, Outperforming Elon Musk's X in Market Valuation
2 months, 1 week ago

Trump's Truth Social Stock Soars, Outperforming Elon Musk's X in Market Valuation

Hindustan Times  

Trump's Truth Social stock market valuation soars past Elon Musk's X, with shares of TMTG surging nearly 9% on Tuesday. This surge is fueled by strong predictions in betting markets about Trump's lead in the upcoming presidential elections. While X boasts a larger user base, TMTG's valuation surpasses that of X after a recent rally. The stock's rise has sparked …

Truth Social reaches a tricky milestone. Will Donald Trump cash out his stake?
3 months, 3 weeks ago

Truth Social reaches a tricky milestone. Will Donald Trump cash out his stake?

NPR  

Truth Social reaches a tricky milestone. The parent company of Truth Social, the social media company majority-owned by former president Donald Trump, is turning a complicated corner on Thursday. "The stock price of Truth Social is like his crowd size," said professional investor Matthew Tuttle, in a reference to Trump's ongoing fixation with the attendance at his rallies and other …

Trump Media stock jumps after former president says he won’t sell shares when lockup expires
3 months, 3 weeks ago

Trump Media stock jumps after former president says he won’t sell shares when lockup expires

Associated Press  

NEW YORK — Shares of Trump Media & Technology Group Corp. jumped Friday after former President Donald Trump said he won’t sell shares of the social media company. Trump owns nearly 115 million shares of the company, according to a recent filing with the Securities and Exchange Commission. The former president can start selling shares of Trump Media, the parent …

‘How Elon Musk Destroyed Twitter’ authors say platform is ‘a tool for controlling political discourse’
3 months, 4 weeks ago

‘How Elon Musk Destroyed Twitter’ authors say platform is ‘a tool for controlling political discourse’

LA Times  

Elon Musk’s ownership of Twitter is the subject of a new book, “Character Limit: How Elon Musk Destroyed Twitter,” out Sept. 17. On the Shelf Character Limit: How Elon Musk Destroyed Twitter By Kate Conger and Ryan Mac Penguin Press: 480 pages, $32 If you buy books linked on our site, The Times may earn a commission from Bookshop.org, whose …

Trump’s $2B decision: Former president vows to hold onto social media venture stock
3 months, 4 weeks ago

Trump’s $2B decision: Former president vows to hold onto social media venture stock

Politico  

“I don’t need money,” Trump said during a press conference in California, in response to a question. “I have absolutely no intention of selling.” He added: “We built this platform, and the reason I built it was I don’t want to have my voice shut down.” The $2 billion question of whether Trump will sell has hung over Trump Media …

Truth Social stock plunges by more than 15 percent after widely panned Trump debate
3 months, 4 weeks ago

Truth Social stock plunges by more than 15 percent after widely panned Trump debate

Raw Story  

Shares in former President Donald Trump's Trump Media and Technology Group, the parent company of his Truth Social network, took a nosedive in early trading on Wednesday, plunging by more than 15 percent shortly after the opening bell on Wall Street. The dive in Truth Social shares came after Trump delivered a widely criticized debate performance against Vice President Kamala …

Trump’s Truth Social parent company stock price falls to all-time low
4 months ago

Trump’s Truth Social parent company stock price falls to all-time low

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Stock in Donald Trump’s media company hit its lowest level …

Why Trump might have trouble cashing in on Truth Social billions
4 months, 1 week ago

Why Trump might have trouble cashing in on Truth Social billions

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} Donald …

At the risk of triggering another X pile-on, here’s why we must fight the Musk and Trump army
4 months, 2 weeks ago

At the risk of triggering another X pile-on, here’s why we must fight the Musk and Trump army

The Independent  

It’s generally considered a bad idea to attack a wasps’ nest with a stick, and the same holds true for saying disobliging things about Elon Musk. “And it works not by creating a consensus around any particular narrative but by muddying the waters so that consensus isn’t achievable.” To understand why this matters, you have to go back to the …

Column: Trump’s Truth Social stock is circling the drain
4 months, 3 weeks ago

Column: Trump’s Truth Social stock is circling the drain

LA Times  

Former President Donald Trump: Is he laughing at the investors enticed into his Truth Social? Hiding in plain sight in the first annual report issued by the parent company of Donald Trump’s Truth Social platform was a statement of inescapable, well, truth. Issued, perhaps appropriately, on April 1 by Trump Media and Technology Group, the report said: “The value of …

'He's coming apart': Trump mocked over 'panicked' social media binge before Dem convention
4 months, 3 weeks ago

'He's coming apart': Trump mocked over 'panicked' social media binge before Dem convention

Raw Story  

As Vice President Kamala Harris and the Democrats gear up for their national convention, Donald Trump is on a social media spree. Former Republican Jeff Timmer flagged the post about empty seats at the Trump rally, writing, "Looks like someone woke up on the gibbering barking panicked side of the bed today." Former prosecutor Ron Filipkowski noted the high number …

Trump set to 'absolutely decimate' Truth Social investors with return to X: analyst
4 months, 3 weeks ago

Trump set to 'absolutely decimate' Truth Social investors with return to X: analyst

Raw Story  

Donald Trump's appearance on X Monday night should deeply concern a surprising group of people, a Slate analyst argues — his shareholders. "Trump spent Monday providing free publicity for the main competitor of his publicly traded social media company," Kirshner writes. " Trump Media, the eponymous parent company of the former president's Twitter-adjacent site Truth Social, lost 5 percent of …

Donald Trump’s Truth Social: The former president’s return to Twitter reveals his greatest scam yet.
4 months, 3 weeks ago

Donald Trump’s Truth Social: The former president’s return to Twitter reveals his greatest scam yet.

Slate  

Donald Trump spent Monday providing free publicity for the main competitor of his publicly traded social media company, and you’ll never guess what happened next. Rather, Trump Media is a $5 billion company because some of Trump’s fans think it is cool to own a company that trades as $DJT and supports Trump. Nowhere in the company’s “risk factors” filed …

Truth Social tanks as Donald Trump returns to X
4 months, 4 weeks ago

Truth Social tanks as Donald Trump returns to X

Salon  

Donald Trump’s social media network Truth Social is rapidly declining in value as the former president has started posting on X for the first time in over a year. Over a three month period that ended June 30, Truth Social’s parent company, Trump Media & Technology, lost more than $16 million. Many investors hoped the 2024 election would be a …

Donald Trump returns to X/Twitter – with hidden post
4 months, 4 weeks ago

Donald Trump returns to X/Twitter – with hidden post

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Shortly after Elon Musk took over Twitter, in late 2022, Mr Trump’s account was reinstated. But in …

Trump’s Truth Social lost $16.4 million last quarter and had under $1 million in revenue
4 months, 4 weeks ago

Trump’s Truth Social lost $16.4 million last quarter and had under $1 million in revenue

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Donald Trump’s social media company Trump Media and Technology Group …

Trump’s Truth Social nears lowest audience mark since its launch, report says
5 months, 1 week ago

Trump’s Truth Social nears lowest audience mark since its launch, report says

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} Donald …

Conspiracy theories spread wildly after the first assassination attempt on a US president in the social media age
5 months, 3 weeks ago

Conspiracy theories spread wildly after the first assassination attempt on a US president in the social media age

CNN  

CNN — Saturday’s shooting at a Donald Trump rally was the first assassination attempt of a US presidential candidate in the age of social media – and the former president had barely been hit before the internet was abuzz with all sorts of unsubstantiated explanations for what had, or had not, occurred. Conspiracy theories spread wildly Almost immediately after Trump …

Meta to ease restrictions on Trump's Facebook and Instagram accounts
5 months, 3 weeks ago

Meta to ease restrictions on Trump's Facebook and Instagram accounts

India TV News  

Meta announced that it would roll back certain restrictions which were imposed earlier on former U.S. President Donald Trump- for using Facebook and Instagram. Background of suspension and reinstatement Following the events of January 6, when Meta indefinitely suspended Trump's accounts due to his comments which were praising the individuals involved in storming the U.S. Capitol. Changes in monitoring Meta …

Facebook lifts restrictions on Trump, giving him equal footing with Biden on the social media site
5 months, 4 weeks ago

Facebook lifts restrictions on Trump, giving him equal footing with Biden on the social media site

LA Times  

Facebook has lifted restrictions it had imposed on former President Trump after the Jan. 6 attack on the U.S. Capitol. Facebook has lifted restrictions imposed on Donald Trump after his supporters’ Jan. 6 attack on the Capitol, placing the former president on an equal footing on the platform with President Biden just days before the Republican National Convention. Meta, Facebook’s …

Why Truth Social perfectly explains Donald Trump
6 months, 1 week ago

Why Truth Social perfectly explains Donald Trump

Raw Story  

Donald Trump’s use of social media is a transaction, designed all but exclusively for his benefit. Truth Social as a platform is the same way — a giant fund designed to ensure Trump’s voice is not canceled again. It’s no secret that when I was CEO of social media network Parler, we had conversations with the Trump campaign about Trump …

Fake news on social media is the problem we’re all ignoring – trust me, I worked for Twitter
7 months ago

Fake news on social media is the problem we’re all ignoring – trust me, I worked for Twitter

The Independent  

The best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Back when I worked at Twitter, …

Trading Trump: Truth Social’s first month of trading has sent investors on a ride
8 months, 2 weeks ago

Trading Trump: Truth Social’s first month of trading has sent investors on a ride

Associated Press  

WASHINGTON — There have been lawsuits, short-selling and rampant speculation. Now, as Trump Media & Technology Group approaches its first month as a publicly traded company, it’s clear that — like the man it’s named after — there’s nothing typical about the stock. “It’s everything out of the ordinary,” said Julian Klymochko, CEO of Calgary-based Accelerate Financial Technologies Inc. “I …

Trump's Truth Social Stock Is Plummeting — Again
8 months, 3 weeks ago

Trump's Truth Social Stock Is Plummeting — Again

Huff Post  

LOADING ERROR LOADING Shares of Trump Media & Technology Group, the parent company of Donald Trump’s Truth Social platform, plummeted Monday after the struggling business filed to potentially increase the number of shares for sale. Trump Media’s stock has been in a downward spiral since the company went public last month following a merger with a shell company. Trump’s company …

Donald Trump Poses a Unique Threat to Truth Social, Says Truth Social
55 years ago

Donald Trump Poses a Unique Threat to Truth Social, Says Truth Social

Wired  

Trump Media & Technology Group, the Truth Social parent company majority-owned by former president Donald Trump, filed a document with the Securities and Exchange Commission this morning that helpfully details all of the ways Trump himself poses a threat to the company and its shareholders. “TMTG may be subject to greater risks than typical social media platforms because of the …

Truth Social shares hit grim milestone as price sinks again
8 months, 4 weeks ago

Truth Social shares hit grim milestone as price sinks again

Raw Story  

Share prices for the Trump Media and Technology Group Corporation sank yet again on Friday, marking the fifth straight day this week that the value of former President Donald Trump's social media venture has continued to slide. CNBC reports that shares in Trump Media dipped below $30 on Friday, a grim milestone for the company that signals it has lost …

I spent 24 hours on Trump's Truth Social. No wonder it's tanking
9 months, 1 week ago

I spent 24 hours on Trump's Truth Social. No wonder it's tanking

LA Times  

You’ve likely heard of former President Donald Trump’s mouthpiece and social media platform, Truth Social. His posts are a mix of loud, Trumpian ALL-CAPS warnings — “UNDER CROOKED JOE BIDEN WE HAVE BECOME A THIRD WORLD NATION”— and run-on, word-salad grievances: “I’ve just posted a 175 Million Dollar Bond with the sadly failing and very troubled State of New York, …

Trump’s Truth Social stock tanks after new SEC filings reveal $58m loss in 2023
9 months, 1 week ago

Trump’s Truth Social stock tanks after new SEC filings reveal $58m loss in 2023

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy After a blockbuster debut on the Nasdaq last week, the …

Shares in Trump Media tumble after filings reveal a $58m loss last year
9 months, 1 week ago

Shares in Trump Media tumble after filings reveal a $58m loss last year

Al Jazeera  

The company debuted on the stock market last week, offering Trump a ray of hope amid pending financial woes. Shares in former President Donald Trump’s Trump Media & Technology Group surged last week after debuting on the stock market in the United States. Trump Media’s stock made a strong debut on March 26, fuelled by retail buyers, including some supporters …

Trump's 'volatile' Truth Social stock will tank until the company is bankrupt: expert
9 months, 1 week ago

Trump's 'volatile' Truth Social stock will tank until the company is bankrupt: expert

Raw Story  

Trump Media and Technology Group, the company that handles the former president's Truth Social platform, went public this month, after a long-sought merger that creates billions in market cap. According to USA TODAY, "Donald Trump’s namesake social media company burst out of the gate on its first day of trading Tuesday, opening at $70.90 and soaring as high as $79.38 …

Donald Trump’s social media company soars in Wall Street debut
9 months, 2 weeks ago

Donald Trump’s social media company soars in Wall Street debut

Al Jazeera  

Shares of former Donald Trump’s social media company soared by as much as 59 percent on the first day of trading on Wall Street, boosting the former United States president’s expected windfall as he faces a growing list of legal bills. The Trump Media & Technology Group reached $79.38 per share at its peak on Tuesday, before closing 16 percent …

Donald Trump's social media firm soars on its stock market debut in New York
9 months, 2 weeks ago

Donald Trump's social media firm soars on its stock market debut in New York

Daily Mail  

Shares in Donald Trump’s social media business soared on their stock market debut in New York yesterday – valuing the former US president’s stake at nearly £5billion. ‘This valuation may be more of a proxy on the enthusiasm of supporters for Trump than a reasonable estimate of underlying business prospects.’ Trump Media’s Nasdaq debut came after it completed its merger …

Donald Trump's social media company Truth Social soars over 30% on first day of trading on Nasdaq
9 months, 2 weeks ago

Donald Trump's social media company Truth Social soars over 30% on first day of trading on Nasdaq

Hindustan Times  

Donald Trump's social media company, Truth Social, jumped more than 30% on its first day of trading on Nasdaq. After Monday's merger, Truth Social's parent company, Trump Media, took over Digital World’s place on the Nasdaq stock exchange. Donald Trump's Truth Social jumps more than 30% on Nasdaq Trump's Truth Social soars on Nasdaq following DWAC merger Truth Social's shares …

Trump social media company Truth Social surges in Nasdaq debut
9 months, 2 weeks ago

Trump social media company Truth Social surges in Nasdaq debut

Raw Story  

Shares of Donald Trump’s social media company jumped more than 30% in the first day of trading on the Nasdaq, boosting the value of Trump's large holdings in the company as well as the smaller stakes of fans who purchased shares as a show of support for the former president. Trump Media & Technology Group Corp. merged Monday with a …

‘Trump 2024 to the Moon’: MAGA Fans Go All In on Truth Social Stock
55 years ago

‘Trump 2024 to the Moon’: MAGA Fans Go All In on Truth Social Stock

Wired  

Truth Social, former president Donald’s Trump’s clone of Twitter, has a fraction of the users of competitors like Reddit and X. Still, Trump’s fans have posted on Reddit, X, and Truth Social about how they plan to hold the stock in defiance of traditional investing logic. “At least waiting for the election win,” one user posted, with the tag Diamond …

What we know about Truth Social, Donald Trump's social media platform
9 months, 2 weeks ago

What we know about Truth Social, Donald Trump's social media platform

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. While the platform sought to capitalize on the outrage …

Trump’s social media company gains in its first day of trading on Nasdaq
9 months, 2 weeks ago

Trump’s social media company gains in its first day of trading on Nasdaq

Associated Press  

NEW YORK — Shares of Donald Trump’s social media company rose about 16% in the first day of trading on the Nasdaq, boosting the value of Trump’s large stake in the company as well as the smaller holdings of fans who purchased shares as a show of support for the former president. Trump Media & Technology Group Corp. merged Monday …

Trump’s social media company to start trading on the Nasdaq on Tuesday
9 months, 2 weeks ago

Trump’s social media company to start trading on the Nasdaq on Tuesday

Associated Press  

NEW YORK — Trump Media & Technology Group, whose flagship product is social networking site Truth Social, will begin trading on the Nasdaq stock market on Tuesday. Shareholders of Digital World Acquisition Corp., a publicly traded shell company, approved a deal to merge with the Trump’s media business in a Friday vote. Truth Social launched in February 2022, one year …

Donald Trump's $5.7-Billion Truth Social Merger Approved by Shareholders. All You Need To Know
9 months, 2 weeks ago

Donald Trump's $5.7-Billion Truth Social Merger Approved by Shareholders. All You Need To Know

ABP News  

The merger between Digital World Acquisition Corp and Trump Media & Technology Group, the entity behind former US President Donald Trump's social media platform Truth Social, received shareholder approval this Friday. The approval by DWAC shareholders marks a pivotal step towards listing TMTG on the stock market, a move that could potentially inject $300 million in cash into the social …

'Hemorrhaging users': Trump's Truth Social's longtime 'viability' questioned after merger
9 months, 2 weeks ago

'Hemorrhaging users': Trump's Truth Social's longtime 'viability' questioned after merger

Raw Story  

The merger on Friday between Digital World Acquisition Corp. and the Trump Media & Technology Group, the parent company of Donald Trump's Truth Social, may have resulted in a temporary $3 billion windfall for the former president, but technology experts are more than skeptical that the merged company will survive in the long term. The report notes that after three …

Trump’s Truth Social IPO plan to raise $3bn may not end his cash woes
9 months, 2 weeks ago

Trump’s Truth Social IPO plan to raise $3bn may not end his cash woes

Hindustan Times  

Investors have given the green light for Truth Social's parent company, Trump Media, to go public in a deal that is expected to make former President Donald Trump billions. FILE PHOTO: Republican presidential candidate and former U.S. President Donald Trump gestures at a campaign event ahead of the Republican presidential primary election in North Charleston, South Carolina, U.S. February 14, …

Trump’s Truth Social is headed for Wall Street in merger that could reap billions
9 months, 2 weeks ago

Trump’s Truth Social is headed for Wall Street in merger that could reap billions

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Donald Trump’s social media platform that launched in the volatile …

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