BELOW SUPERNAV drop zone ⇩

Trump to launch his social media app in February

Former President Donald Trump prepares to take the stage during his Save America rally in Perry, Ga. on Sept. 25, 2021. (AP Photo/Ben Gray, File)

MAIN AREA TOP drop zone ⇩

MAIN AREA TOP drop zone ⇩

ovp test

mLife Diagnostics LLC: Oral Fluid Drug Testing

Male shot by female at Shreveport apartment

Class to create biodiverse backyard

Rules for outbursts at Caddo School Board Meeting

AUTO TEST CUSTOM HTML 20241114185800

AUTO TEST CUSTOM HTML 20241115200405

AUTO TEST CUSTOM HTML 20241118165728

AUTO TEST CUSTOM HTML 20241118184948

Jan 6 (Reuters) — Former President Donald Trump’s new media venture plans to launch its social media app Truth Social on Feb. 21, according to an Apple Inc App Store listing.

TRUTH Social, the Trump Media & Technology Group (TMTG) alternative to Twitter, is available for pre-order before going live on the U.S. Presidents’ Day holiday.

Similar to Twitter, the app offers features to follow other people and trending topics, according to demo photos.

The app’s launch would come 13 months after Meta Platforms Inc’s Facebook and Twitter banned Trump for encouraging his supporters to participate in the Jan. 6 attack on the U.S. Capitol based on unsubstantiated claims of widespread fraud in the 2020 presidential election.

Marking the one-year anniversary of the attack, U.S. President Joe Biden said on Thursday that his predecessor’s false claims could unravel the rule of law and subvert future elections.

TMTG and Apple did not respond to requests for comment, but a source familiar with the matter confirmed that Feb. 21 is the planned launch date of the app.

The launch is expected to be the first of three stages in TMTG’s development. The second would be a subscription video-on-demand service called TMTG+ with entertainment, news and podcasts, according to the company website. A November investor presentation indicated that TMTG also wants to launch a podcast network.

TMTG is currently valued at $4.3 billion based on the stock price of Digital World Acquisition Corp. TMTG agreed in October to merge with the blank-check firm at a valuation of $875 million.

Trump supporters and retail investors have snapped up Digital World’s stock, betting that Trump’s popularity with his Republican political base will translate into commercial runaway success.

The blank-check acquisition deal faces regulatory risk. Democratic U.S. Senator Elizabeth Warren asked Securities and Exchange Commission Chairman Gary Gensler last month to investigate the planned merger for potential violations of securities laws around disclosure. The SEC has declined to comment on whether it plans any action.

TMTG last month raised an additional $1 billion from private investors.

Trump canceled a news conference at his Mar-a-Lago estate in Florida that had been scheduled for Jan. 6, marking the one-year anniversary of the Capitol attack. He said he will instead deliver remarks at a rally in Arizona on Jan. 15.

© Copyright Thomson Reuters 2023.

Tech

Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed

Site Settings Survey

 

MAIN AREA MIDDLE drop zone ⇩

Trending on NewsNation

AUTO TEST CUSTOM HTML 20241119133138

MAIN AREA BOTTOM drop zone ⇩

tt

KC Chiefs parade shooting: 1 dead, 21 shot including 9 kids | Morning in America

Witness of Chiefs parade shooting describes suspect | Banfield

Kansas City Chiefs parade shooting: Mom of 2 dead, over 20 shot | Banfield

WWE star Ashley Massaro 'threatened' by board to keep quiet about alleged rape: Friend | Banfield

Friend of WWE star: Ashley Massaro 'spent hours' sobbing after alleged rape | Banfield

Mist

la

57°F Mist Feels like 57°
Wind
0 mph ESE
Humidity
92%
Sunrise
Sunset

Tonight

Cloudy. Low 52F. Winds light and variable.
52°F Cloudy. Low 52F. Winds light and variable.
Wind
3 mph WSW
Precip
7%
Sunset
Moon Phase
Waning Crescent