Former President Donald Trump will be back in the virtual world with his social media network, "TRUTH Social," which is expected to launch in 2022, he announced Wednesday.
The app, which is a part of the Trump Media & Technology Group (TMTG), is expected to make its full debut within the first quarter of next year, but before that there will be a beta launch for invited guests in November this year.
The former President will serve as chairman of the newly established TMTG, and in a statement in which he announced the arrival of the platform, he said that it will "give a voice to all," reported Fox News.
Trump said, "I created TRUTH Social and TMTG to stand up to the tyranny of Big Tech." He finds it unacceptable that we live in a world where the "Taliban has a huge presence on Twitter, yet your favorite American President has been silenced." He is excited to send out his first truth on the platform soon.
As for the TMTG, he said that it was established with a mission to give a voice to everyone. He said that he is excited to soon begin sharing his thoughts on the app and to fight back against Big Tech. He pointed out that people ask him why doesn't someone stand up to Big Tech, and he promised that his team will be soon doing it.
As per the release, the company was founded using a special purpose acquisition company (SPAC), which the Securities and Exchange Commission (SEC) says is a "popular vehicle for various transactions, including transitioning a company from a private company to a publicly traded company," reported ABC News. These companies are generally called "blank check companies," according to SEC.
According to the release, Patrick F. Orlando is serving as the chairman and CEO of the Digital World Acquisition Group that is merging with Trump's company. It's not clear who are the others involved in the SPAC that is unveiling the former President's new platform.
The announcement of the platform comes after Jason Miller, one of his aides, unveiled his social media company, GETTR, in July. Shortly after it was launched, Trump pushed back on rumors that he would be joining his aide's platform saying that he was not on any social media platform in any way, and shared that when he would decide to choose a platform, it would be announced.
Throughout his presidency, Trump used Twitter to attack his rivals apart from breaking his own news. All that stopped when he got banned from the platform and other social media networks, including Facebook, after the Jan. 6 Capitol riot. Later, he started a blog that was similar in style to Twitter, but then soon shut it down.
Earlier this month, he tried to return to Twitter by asking a federal judge to force the platform into reinstating his account, according to The Hill. The motion read that coerced by members of the US Congress, "operating under an unconstitutional immunity granted by a permissive federal statute, and acting directly with federal officials, Defendant is censoring Plaintiff," a former President of America.
© 2024 Latin Times. All rights reserved. Do not reproduce without permission.