Story at a glance:

  • Truth Social was announced on Wednesday, and it is a Twitter-like application for a new company called Trump Media and Technology Group (TMTG).
  • Trump Media and Technology Group is a merger with Digital World Acquisitions Corp, which is already listed on the Nasdaq composite.
  • A beta version of Truth Social is scheduled next month, while a pitch deck for the company outlines larger ambitions.

Being banned from Twitter and Facebook indefinitely, former President Trump has plans to launch his own conservative-leaning application.

Truth Social was announced Wednesday, and it is a Twitter-like application for a new company called Trump Media and Technology Group (TMTG).  

The company is a merger with Digital World Acquisitions Corp, which is already listed on the Nasdaq composite

The company's mission is to "create a rival to the liberal media consortium" and to "fight back against the 'Big Tech' companies of Silicon Valley," Trump spokeswoman Liz Harrington posted in a press release.

TMTG is the former president's attempt to disrupt Facebook, Amazon, Apple, Netflix and Google, Business Insider reported.


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The 24-slide pitch deck shows that TMTG has ambitions on a news service that would compete against outlets like CNN and iHeart Media's radio stations, while TMTG+ would rival Disney+ and Netflix with an emphasis that there will not be any "woke" content.

The most ambiguous part of this company is that it has a goal to have a "long-term opportunity TMTG tech stack." Business Insider notes that it could compete with Amazon Web Services, the Google Cloud, the Microsoft Azure cloud computing application, and the online payment service Stripe as a tech stack — a set of technologies an organization uses to build a web or mobile application.

TMTG also has plans with integrating with existing conservative brands such as Fox News, The Washington Examiner, Parler, Gab and Gettr, but according to former Trump aide Jason Miller, the founder of Gettr, he could not come to a deal with Trump regarding their platforms, Business Insider reported.

TMTG did not immediately respond to a request for comment from Changing America. 

A beta version of Truth Social is scheduled for next month.


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Published on Oct 21, 2021