Inside Donald Trump’s new ‘truth’ app
2 years, 10 months ago

Inside Donald Trump’s new ‘truth’ app

The Telegraph  

Truth Social’s first day was as chaotic as any during Donald Trump’s turbulent four years in the White House. Within hours of being released, the “free speech social network” launched by the former president had climbed to the top of the App Store download charts and was trending on Twitter, Trump’s former digital stomping ground. “Truth Social’s profile page is a pixel-for-pixel clone of Twitter, which is funny because the premise of it is that it’s supposed to be everything that Twitter is not,” one new user, a tech consultant Aaron Fisher, said. If the day-one rush of supporters to Trump’s new online haunt is anything to go by, the app might have a chance of standing up to the giants of social media: Facebook, Instagram and Twitter. On January 8 last year, two days after a mob of his supporters stormed the US Capitol, and 12 days before Joe Biden’s inauguration, Twitter permanently banned the then-president’s account, saying its existence risked “further incitement of violence”.

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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 …

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 …

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 …

Expect This Election to Play Differently than 2020 on Social Media
1 month, 3 weeks 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 …

'Grandpa let's get you to bed': Trump rally comment raises concerns over 'senile moment'
2 months, 3 weeks ago

'Grandpa let's get you to bed': Trump rally comment raises concerns over 'senile moment'

Raw Story  

Donald Trump on Saturday raised eyebrows with a comment he made on a rally stage. At another point in the swing-state rally, Trump ranted against immigrants using a phone app, saying that "most people don't have any idea what the hell a phone app is." In a discussion about illegal immigration, Trump, the creator of a social media app and …

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 …

Trump’s $2B decision: Former president vows to hold onto social media venture stock
3 months, 1 week 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 …

Trump’s Truth Social parent company stock price falls to all-time low
3 months, 2 weeks 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 …

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 …

Donald Trump’s Truth Social: The former president’s return to Twitter reveals his greatest scam yet.
4 months, 1 week 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, 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 …

Donald Trump returns to X/Twitter – with hidden post
4 months, 1 week 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, 2 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
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 …

Facebook lifts restrictions on Trump, giving him equal footing with Biden on the social media site
5 months, 1 week 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 …

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 …

Trump's Truth Social Stock Is Plummeting — Again
8 months, 1 week 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 …

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 …

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 …

Shares in Trump Media tumble after filings reveal a $58m loss last year
8 months, 3 weeks 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 …

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 …

‘Trump 2024 to the Moon’: MAGA Fans Go All In on Truth Social Stock
54 years, 11 months 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 …

Trump’s social media company gains in its first day of trading on Nasdaq
8 months, 4 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
8 months, 4 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 …

'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 …

Trump’s social media company approved to go public, potentially netting former president billions
9 months ago

Trump’s social media company approved to go public, potentially netting former president billions

Associated Press  

NEW YORK — Donald Trump is returning to the stock market, and the former president stands to reap a sizeable payout in the process. 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. Ahead of Friday’s approval, Digital World’s regulatory filings listed many 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 …

Trump’s social media company is going public. He could get $3 billion
9 months ago

Trump’s social media company is going public. He could get $3 billion

LA Times  

Former President Trump speaks after voting in Florida’s primary election in Palm Beach, Fla., on Tuesday. Shareholders of Digital World Acquisition Corp., a publicly traded shell company, voted Friday to approve a deal to merge with the Trump’s media business. That means Trump Media & Technology Group, whose flagship product is social networking site Truth Social, will soon begin trading …

New era of AI deepfakes complicates 2024 elections
10 months, 1 week ago

New era of AI deepfakes complicates 2024 elections

Live Mint  

The explosion of artificial-intelligence technology makes it easier than ever to deceive people on the internet, and is turning the 2024 U.S. presidential election into an unprecedented test on how to police deceptive content. Two weeks later, the New Hampshire attorney general’s office said it identified a Texas-based company named Life Corp.as the source of the calls and that it …

Biden’s campaign joins TikTok, even as administration warns of national security concerns with app
10 months, 1 week ago

Biden’s campaign joins TikTok, even as administration warns of national security concerns with app

Associated Press  

WASHINGTON — President Joe Biden’s 2024 campaign is now on TikTok, even though he has expressed national security concerns over the platform and banned it on federal devices. Both the FBI and the Federal Communications Commission have warned that TikTok owner ByteDance could share user data — such as browsing history, location and biometric identifiers — with China’s authoritarian government. …

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 …

Trump returns to X after 2 years with a mugshot - Here are his 9 most controversial tweets
1 year, 3 months ago

Trump returns to X after 2 years with a mugshot - Here are his 9 most controversial tweets

Hindustan Times  

Former President Donald Trump has resurfaced on the social media scene, posting his Fulton County mug shot on the newly named platform "X" after over two years of silence. In his first post since January 8, 2021, Trump's image featured his mug shot, taken after he surrendered to authorities on charges related to alleged attempts to influence the 2020 election …

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 …

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 …

Instagram working on Twitter rival app: Report
1 year, 7 months ago

Instagram working on Twitter rival app: Report

The Hindu  

Meta-owned Instagram is working on a text-based platform that could rival Twitter and be revealed as early as June, according to a report by Bloomberg. Leaked images showed samples of a user interface for “Instagram’s new text-based app for conversations,” reported marketing professor Lia Haberman. pic.twitter.com/xgQa1kUjCl — Lia Haberman May 19, 2023 The app will be decentralised and built over …

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 …

Opinion: Trump’s support faces its biggest test
1 year, 8 months ago

Opinion: Trump’s support faces its biggest test

CNN  

Editor’s Note: Sign up to get this weekly column as a newsletter. “I don’t know what goes into paying hush money to a porn star to secure silence over some type of alleged affair,” DeSantis said even as he accused Manhattan District Attorney Alvin Bragg of “pursuing a political agenda and weaponizing the office.” If Trump is prosecuted, he could …

YouTube fully restores Donald Trump’s account
1 year, 9 months ago

YouTube fully restores Donald Trump’s account

Al Jazeera  

Video streaming platform says the decision aims to allow voters to hear equally from candidates in the run-up to the 2024 vote. YouTube has lifted restrictions on Donald Trump’s channel, becoming the latest social media network to fully restore the former United States president’s account more than two years after his supporters violently stormed the US Capitol. After a right-wing …

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