Former US President Donald Trump announced on Wednesday that he would launch his own media network, including a social media platform called TRUTH social, to "combat the tyranny of big technology companies".
According to a statement released by Trump spokesman Liz Harrington, the app appears to be the first project of Trump Media Technology Group (TMTG), which will be merged with special purpose acquisition company Digital World acquisition Group (Digital World Acquisition Group) on Nasdaq.be listed. Mr Harrington said the deal valued TMTG at as much as $1.7 billion.
The address of the new company is Mar-a-Lago, Trump's private member club in Palm Beach, Fla. The new company will be chaired by Trump, who said, "the mission of this group is to create a competitor to liberal media groups."
Trump said: "We live in a Taliban on Twitter."In a world that has a lot of influence, your favorite president of the United States has been silenced. "