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'TRUTH Social': Donald Trump Launching New Social Media App

Added 10-21-21 12:47:02am EST - “In response to Facebook, Twitter, and YouTube deplatforming him, President Donald Trump announced a new social media app.?” - Breitbart.com

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Posted By TheNewsCommenter: From Breitbart.com: “'TRUTH Social': Donald Trump Launching New Social Media App”. Below is an excerpt from the article.

In response to Facebook, Twitter, and YouTube deplatforming him, former President Donald Trump announced on Wednesday that he will be launching a new social media app.

The announcement of the app comes after Trump Media and Technology Group and Digital World Acquisition Group entered into a merger “to form a new company, chaired by the former president,” reported ABC News, which noted:

The company was formed using a special purpose acquisition company, or SPAC, which the Securities and Exchange Commission’s website says is a ‘popular vehicle for various transactions, including transitioning a company from a private company to a publicly traded company’.

The newly formed company will soon be launching the social media platform TRUTH Social, which was billed in a press release as “a rival to the liberal media consortium.”

“Trump Media & Technology Group’s mission is to create a rival to the liberal media consortium and fight back against the ‘Big Tech’ companies of Silicon Valley, which have used their unilateral power to silence opposing voices in America,” the release said.

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