Truth Social Is Rising as the Anti-Mastodon
2 years, 1 month ago

Truth Social Is Rising as the Anti-Mastodon

Wired  

Donald Trump is back on Twitter. It would seem Musk’s vows to bring near-absolutist free speech back to Twitter might entice those on Truth Social—a platform that claims to shun “censorship”—to spend more time on Twitter. People are engaging.” Like Mastodon and other Twitter alternatives, Truth Social’s popularity has seen boosts tied to the recent chaotic news cycle. But the largest uptick this month came on November 20—as Musk reinstated Trump’s Twitter account, people ran to Truth Social to see what he might say. And Hickey says data tracking 270 of Truth Social’s popular accounts show posts and engagements are trending upward over time, showing a “solid growth trajectory.” It’s a small but loyal group.

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History of this topic

Could an X and Truth Social merger be in the works? Why some believe the Musk-Trump partnership could go beyond politics
1 month, 1 week ago

Could an X and Truth Social merger be in the works? Why some believe the Musk-Trump partnership could go beyond politics

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. New York University professor Scott Galloway said on the podcast Pivot last Friday that …

'Massive potential conflict of interest': Reporter says Trump's app vessel to curry favor
1 month, 2 weeks ago

'Massive potential conflict of interest': Reporter says Trump's app vessel to curry favor

Raw Story  

Former President Donald Trump proclaimed Friday that he has "no intention of selling" his shares in Truth Social, the online platform he created as a Twitter clone, and any rumors to the contrary are "false." Much like his former hotel in Washington, D.C. that he owned going into his first presidential term, this poses enormous corruption issues for his second, …

Donald Trump dismisses ‘fake and illegal’ Truth Social ‘rumours’ spreading after his election victory
Top News
1 month, 2 weeks 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 …

'Truth Social is dead in the crib' after election win: analyst
Trending News
1 month, 2 weeks 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
1 month, 2 weeks 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
1 month, 2 weeks 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 …

'What idiots we are': Truth Social users lose hundreds of thousands of dollars to scammers
2 months, 2 weeks ago

'What idiots we are': Truth Social users lose hundreds of thousands of dollars to scammers

Raw Story  

A new report has published detailed complaints from users of former President Donald Trump's Truth Social app describing how they were fleeced by the site's hordes of scammers — including some who lost six-figure sums. According to Gizmodo' tech reporter Matt Novak — who filed a Freedom of Information Act request to the Federal Trade Commission seeking complaints about scams …

Truth Social reaches a tricky milestone. Will Donald Trump cash out his stake?
3 months, 1 week 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 …

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

Trump set to 'absolutely decimate' Truth Social investors with return to X: analyst
4 months, 1 week 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 …

Truth Social tanks as Donald Trump returns to X
4 months, 1 week 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 …

Trump’s Truth Social nears lowest audience mark since its launch, report says
4 months, 3 weeks 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 …

Trading Trump: Truth Social’s first month of trading has sent investors on a ride
7 months, 4 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 …

Truth Social shares hit grim milestone as price sinks again
8 months, 1 week 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 …

More than 13,000 say Trump should be investigated for Truth Social stock fraud
8 months, 3 weeks ago

More than 13,000 say Trump should be investigated for Truth Social stock fraud

Raw Story  

Trump's Truth Social Nasdaq run so far has been topsy turvy — having suffered a nearly $4 billion hit since last week's money monsoon debut — and now a petition has amassed 13,000 digital signatures to push for former President Donald Trump to be investigated for fraud. "Just days after it went public, and its stock price placed its value …

I spent 24 hours on Trump's Truth Social. No wonder it's tanking
8 months, 3 weeks 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
8 months, 3 weeks 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 …

Truth Social shares go into freefall after investors learn how much money it really makes
8 months, 3 weeks ago

Truth Social shares go into freefall after investors learn how much money it really makes

Raw Story  

Investors on Monday got their first peek at the financials of the Trump Media & Technology Group, the owner of the Truth Social platform — and they did not like what they saw. Trump, who owns 78.5 million shares in Trump Media, about 57% of all outstanding shares, accordingly had his stake in the social media venture slide from its …

Donald Trump’s social media company soars in Wall Street debut
8 months, 4 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
8 months, 4 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
8 months, 4 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
8 months, 4 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 …

Donald Trump's $5.7-Billion Truth Social Merger Approved by Shareholders. All You Need To Know
9 months 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 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 Is Going Public
54 years, 11 months ago

Trump’s Truth Social Is Going Public

Wired  

Former president Donald Trump’s Truth Social, a shameless Twitter clone, is set to become a publicly traded company as soon as next week. Shareholders of Digital World Acquisition Corp. voted on Friday to merge with Trump Media and Technology Group, the company behind Truth Social. The vote is a culmination of a years-long saga attempting to merge Trump Media with …

How Donald Trump could make billions from Truth Social’s merger
9 months ago

How Donald Trump could make billions from Truth Social’s merger

Firstpost  

Former US president Donald Trump’s wealth could rise by about $3.4 billion if Trump Media & Technology Group, Truth Social’s parent company, merges with Digital World Acquisition Corporation. Trump’s social media company is poised to go public next week if its long-delayed merger with Digital World Acquisition Corporation is approved. The former president’s Trump Media & Technology Group, which runs …

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

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

Associated Press  

SAN FRANCISCO — Former President Donald Trump launched his social media platform, Truth Social, in early 2022, after he was banned from major sites such as Facebook and the platform formerly known as Twitter following the Jan. 6 attack on the U.S. Capitol. Before Truth Social, there was a short-lived blog on Trump’s personal website called “From the Desk of …

Is Donald Trump's Truth Social headed to Wall Street? It comes down to a Friday vote
9 months ago

Is Donald Trump's Truth Social headed to Wall Street? It comes down to a Friday vote

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. The deal's approval would open the door for Trump …

Donald Trump’s Truth Social is in trouble. So where will he post if it fails?
1 year, 1 month ago

Donald Trump’s Truth Social is in trouble. So where will he post if it fails?

Slate  

Long gone are the days of Donald Trump shitposting his way to the presidency. Stories about Truth Social’s business troubles have proliferated ever since late 2021, when the platform’s parent company brought in a $300 million fundraising haul through a planned merger with a SPAC known as Digital World Acquisition Corp. Related From Slate The Supreme Court Needs to Decide …

Donald Trump’s Truth Social facing ‘substantial doubt’ over future
1 year, 1 month ago

Donald Trump’s Truth Social facing ‘substantial doubt’ over future

The Telegraph  

Donald Trump’s social network is facing “substantial doubt” over its future as it seeks to renegotiate debt repayments, according to US filings. Trump Media and Technology Group, the parent company of Truth Social, has lost $31.6m since it was set up in early 2021, according to Digital World Acquisition Corp, a US shell company planning to take TMTG public. Digital …

Donald Trump's Truth Social lost tens of millions of dollars: report
1 year, 1 month ago

Donald Trump's Truth Social lost tens of millions of dollars: report

Raw Story  

UPDATE: This story has been edited to reflect the Hollywood Reporter's update of its figures to "more accurately reflect TMTG’s net losses as disclosed on its balance sheet." Truth Social has lost tens of millions of dollars since former President Donald Trump launched his ultra-conservative social media site less than two years ago, according to a new report. The outward …

Trump returns to site formerly known as Twitter, posts his mug shot shortly after Georgia surrender
1 year, 4 months ago

Trump returns to site formerly known as Twitter, posts his mug shot shortly after Georgia surrender

Associated Press  

NEW YORK — Former President Donald Trump has returned to X, the social media site formerly known as Twitter, firing off his first message in more than 2 1/2 years shortly after he surrendered at an Atlanta jail on charges he conspired to overturn his election loss. It was Trump’s first post since Jan. 8, 2021, when Twitter suspended his …

Opinion: Lies, damn lies and social media — there's a reason this country is so deeply polarized.
1 year, 4 months ago

Opinion: Lies, damn lies and social media — there's a reason this country is so deeply polarized.

LA Times  

A Trump supporter, left, and an anti-Trump protester exemplify American divisions outside the Manhattan Criminal Courthouse, where former President Trump would be arraigned on New York charges in April. We also encounter MIT management professor Sinan Aral, who wrote “The Hype Machine,” a 2020 book about the “perils and promise” of social media. “Social media is rewriting the central nervous …

Donald Trump ponders Twitter return under Elon Musk’s ownership
1 year, 5 months ago

Donald Trump ponders Twitter return under Elon Musk’s ownership

The Telegraph  

Donald Trump is reportedly considering a return to Twitter, with the platform now considered to be a more conservative-friendly space under Elon Musk’s ownership. A source close to the Trump campaign told US news website Axios that the 77-year-old’s return to the social media platform could be strategically used to offset bad news in the run-up to next year’s presidential …

Trump rages about election cheaters as Georgia charges loom
1 year, 6 months ago

Trump rages about election cheaters as Georgia charges loom

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 …

Trump reportedly made less than $201 from Truth Social but up to a million from NFTs
1 year, 8 months ago

Trump reportedly made less than $201 from Truth Social but up to a million from NFTs

Raw Story  

Editor's note: This piece has been updated to include additional information that has not changed the story. Former President Donald Trump's finances are in the news again, this time with a focus on what he made from his "Truth Social" social network venture: reportedly less than $201. Trump made very little from the social network popular among right-wing media personalities, …

What You’ll Find on Truth Social, Where Trump Is Going Nuclear
1 year, 8 months ago

What You’ll Find on Truth Social, Where Trump Is Going Nuclear

Slate  

In the chaotic hours following Donald Trump’s Thursday-evening indictment by a Manhattan grand jury, Americans interested in reading the former president’s insta-reactions had to flock to his owned-and-operated platform of choice, Truth Social. As of this writing, the latest “Truth” Trump has posted himself is an all-caps rant about Manhattan’s “RADICAL LEFT, SOROS BACKED, DISTRICT ATTORNEY—ALVIN BRAGG.” The only reason …

Donald Trump to be allowed back on Facebook after 2-year ban
1 year, 10 months ago

Donald Trump to be allowed back on Facebook after 2-year ban

Associated Press  

Facebook parent Meta said Wednesday it will restore former President Donald Trump ‘s personal account in the coming weeks, ending a two-year suspension it imposed in the wake of the Jan. 6 insurrection. Meta said Trump’s accounts will be restored “in the coming weeks” on both Facebook and Instagram. Facebook is not only the world’s largest social media site, but …

Donald Trump to be allowed back on Facebook after 2-year ban
1 year, 10 months ago

Donald Trump to be allowed back on Facebook after 2-year ban

The Hindu  

Facebook parent Meta said on Wednesday it will restore former President Donald Trump 's personal account in the coming weeks, ending a two-year suspension it imposed in the wake of the January 6 insurrection. Facebook is not only the world's largest social media site, but had been a crucial source of fundraising revenue for Trump’s campaigns, which spent millions of …

Can alternative apps revolutionise social media and fix its problems?
1 year, 11 months ago

Can alternative apps revolutionise social media and fix its problems?

The Hindu  

Published : Jan 03, 2023 14:39 IST Quitting or reducing social media use could be a great New Year’s resolution. This business model is the main driver of the most well-known social media problems: the deteriorating impact on mental health and its addictive potential, data privacy issues, the spread of misinformation, and the formation of echo chambers, where users are …

Trump puts himself at odds with his own Truth Social as he outlines his ‘digital rights’ manifesto
2 years ago

Trump puts himself at odds with his own Truth Social as he outlines his ‘digital rights’ manifesto

Raw Story  

Former President Donald Trump has pitched a "Digital Bill of Rights" that would "include a right to digital due process — in other words, government officials should need a court order to take down online content, not send information requests such as the FBI was sending to Twitter," according to the New York Post. But Trump's proposal seems to contradict …

Trump Says He's Sticking With Truth Social Even With Elon Musk In Charge Of Twitter
2 years, 1 month ago

Trump Says He's Sticking With Truth Social Even With Elon Musk In Charge Of Twitter

Huff Post  

LOADING ERROR LOADING New Twitter owner Elon Musk may be eager to let Donald Trump back on the social media platform, but the former president told Fox News on Friday that he’s sticking with Truth Social. “And then when they terminated, it became cold, and that’s what happened.” Trump said the decisions by Twitter, Facebook and other social media companies …

Google is now distributing Truth Social, Trump's Twitter alternative
2 years, 2 months ago

Google is now distributing Truth Social, Trump's Twitter alternative

NPR  

Google is now distributing Truth Social, Trump's Twitter alternative Enlarge this image toggle caption Mary Altaffer/AP Mary Altaffer/AP Truth Social, the Twitter alternative backed by former President Donald Trump, is now available for download in the Google Play Store following months of being blocked over violent content. In a statement, Google said Trump's app will remain accessible as long as …

Donald Trump’s Truth Social gets Google Play Store approval
2 years, 2 months ago

Donald Trump’s Truth Social gets Google Play Store approval

The Hindu  

Alphabet Inc.'s Google has approved former U.S. President Donald Trump's social media app Truth Social for distribution in the Google Play Store, a company spokesperson said on Wednesday. Trump Media & Technology Group, which operates Truth Social, is expected to make the app available in the Play Store shortly, Google said. Truth Social, which launched in the United States in …

Google approves Trump’s Truth Social for play store
2 years, 2 months ago

Google approves Trump’s Truth Social for play store

Al Jazeera  

Google had expressed concerns about breach of its policies prohibiting content like threats, incitement to violence. Alphabet Inc’s Google has approved former United States President Donald Trump’s social media app Truth Social for distribution in the Google Play Store, a company spokesperson has said. Trump Media & Technology Group, which operates Truth Social, is expected to make the app available …

Investors pulling out millions and abandoning Trump's Truth Social SPAC: report
2 years, 3 months ago

Investors pulling out millions and abandoning Trump's Truth Social SPAC: report

Raw Story  

According to a report from Reuters, investors who had planned to be a part of the new business entity behind Donald Trump's Truth Social media platform are bailing and taking their millions in their investment capital elsewhere. The SPAC that would tie Truth Social to Digital World Acquisition Corp. has been buffeted with nothing but bad news for months after …

Truth Social Android app not approved on Google Play Store
2 years, 3 months ago

Truth Social Android app not approved on Google Play Store

The Hindu  

Former U.S. President Donald Trump's social media platform Truth Social has not yet been approved for distribution on Alphabet Inc's Google Play Store due to insufficient content moderation, according to a Google spokesperson on Tuesday. “On August 19, we notified Truth Social of several violations of standard policies in their current app submission and reiterated that having effective systems for …

Google not approving Donald Trump's social media app Truth Social on Play Store
2 years, 3 months ago

Google not approving Donald Trump's social media app Truth Social on Play Store

India Today  

Former US President Donald Trump’s social media app is facing a hard time securing a place in the Play Store. Although the app is readily available on the Apple App Store, Google is taking its own sweet time to approve the Truth social app on Play Store due to insufficient content moderation, as per Axios. Not getting approved on Play …

Trump social media firm subpoened by feds, stock regulators
2 years, 5 months ago

Trump social media firm subpoened by feds, stock regulators

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. Read our privacy policy Donald Trump's social media company …

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