Former President Donald Trump has said that he will start TRUTH Social, his own social media network, in early 2022.
The new Trump Media & Technology Group promises to build a social network that will compete with the present 'liberal media consortium' and 'fight back against Silicon Valley's 'Big Tech' businesses, who have exploited their unilateral power to muzzle alternative voices in America.'
'I formed TRUTH Social and TMTG to stand up to the tyranny of Big Tech,' Trump, who will act as the company's chairman, stated. We live in a world where the Taliban has a sizable Twitter following, but your beloved American president has been kept silent.
'This is unacceptable. I am excited to send out my first TRUTH on TRUTH Social very soon. TMTG was founded with a mission to give a voice to all. I'm excited to soon begin sharing my thoughts on TRUTH Social and to fight back against Big Tech. Everyone asks me why doesn't someone stand up to Big Tech? Well, we will be soon!'
Donald Trump will create his own brand of social media to compete with Silicon Valley in 2022
The social network's app is available for pre-order on the Apple store
Scott St. John was named head of TMTG+ Corporate Operations to oversee the new streaming service.
The TRUTH Social app is currently available for pre-order on the Apple App store, with plans to launch a beta version for testers in November.
A nationwide rollout is expected in the first quarter of 2022, according to a TMTG statement.
Along with social media service, TMTG also plans to launch a subscription video on demand service called TMTG+, which it says will feature 'non-woke' entertainment programing, news, podcasts and more.
Scott St. John, executive producer of Deal or No Deal and America's Got Talent, was named head of TMTG+ Corporate Operations and will oversee the service.
Patrick Orland, CEO of Digital World Acquisitions Corp, said his company would merge with TMTG to create the new services.
'Digital World was formed to create public shareholder value and we believe that TMTG is one of the most promising business combination partners to fulfill that purpose.
'DWAC currently has $293 Million in trust, assuming minimal redemptions, which can fuel TMTG’s scale up, including to provide world class leading technology services to build strong and secure social networks and diverse media offerings.'
TMTG is expected to have an initial value of $875 million, with a potential additional earnout of $825 million, combining to a total $1.7 billion.
Trumps move comes as he was banned from Twitter, Facebook and Instagram earlier this year following the January 6 Capitol Hill riot. The Twitter ban is permanent, with Facebook and Instagram saying they'll consider reinstating Trump at a later date.
Trump famously used Twitter to reveal policy decisions, fire aides and argue with critics, and considered it a vital means of communication with his 88 million followers, many of them supporters.
The president is among those being investigated by the January 6 committee for allegedly knowing about the riot before hand and helping to organize it.
The former president had previously lashed out against the companies, claiming they were infringing on his freedom of speech and run by 'Radical Left Lunatics.'
With his social media presence hindered, Trump had been left to communicate with supporters through his website, From the Desk of Donald J. Trump, which was launched in May.
Facebook recently suffered backlash from Republicans who were outraged after a bombshell report claimed Facebook CEO Mark Zuckerberg and his wife gave nearly $420million to nonprofits that aided in the administration and infrastructure of the 2020 election, and heavily favored Democrat counties.
Will TRUTH Social be anything like 'From the Desk of Donald J. Trump'
Donald Trump's TRUTH Social is the former president's latest step to build a conservative-leaning social network to rival Facebook and Twitter.
Trump launched a communications platform in May called 'From the Desk of Donald J. Trump', which gets around his social media bans by allowing supporters to share his statements on Twitter and Facebook.
The platform, linked to Trump's website, allowed only the former president to upload content, which users could then share on other social media outlets.
The platform was seen as a major flop, which only garnered a little more than 212,000 engagements in its first weeks, a fraction of what the attention Trump's tweets usually got, The Daily Beast reported.
It was taken down about a month later in June.
It is currently unknown if TRUTH Social will operate the same was as From the Desk of Donald J. Trump or if it will be a complete social media platform that allows anyone to create posts.
A TRUTH Social app is currently available for pre-order on the Apple App store, with plans to launch a beta version for testers in November.
Facebook and Twitter banned Donald Trump from their services following the January 6 riot. Pictured, Facebook founder Mark Zuckerberg faced criticism for his alleged bias against the former president
Zuckerberg, 37, and his wife Priscilla Chan, 36, donated $419.5million to The Center for Technology and Civic Life (CTCL) and The Center for Election Innovation and Research (CEIR), which the report says was given with specific conditions.
Using the donations, both CTCL and CEIR sent funds to local governments to implement administrative practices, voting methods, data-sharing agreements, and outreach programs for the 2020 elections, according to the report published in the Federalist on Tuesday.According to the analysis, Biden-winning counties were three times more likely than Trump-winning counties to receive funding from the organizations, and the Democrats were given a significant boost in key swing states by promoting practices that have historically favored their vote total, such as mail-in voting.
Despite the fact that CTCL and CEIR are both non-partisan groups, the research labels them as 'demonstrably ideological,' and says that both contributed to Joe Biden's record-breaking turnout in 2020.
CTCL grants, which largely went to Democrat-heavy counties, boosted the dollar per vote value of a Biden voter. A Biden-wining county was 3.5 times more likely to be funded by CTCL and Trump, and on average the dollar per vote for Biden was $2.85 compared to only $0.59 for Trump. In Philadelphia, the highest funded Biden county, the average dollar per vote was $6.32 compared to Berks, the highest funded Trump county, which was only $1.12
North Carolina Rep. Dan Bishop accused the tech billionaire of putting 'his thumb on the scale' to give Democrats an edge in last year's races.
'Our elections are not for sale, but Mark Zuckerberg apparently believes otherwise as he did all he could to put a thumb on the scale for Democrats in 2020,' Bishop told DailyMail.com.
'It’s clear that no one meddled more in the last election than Zuckerberg and the Big Tech elites.'
Kentucky Senator Rand Paul on Wednesday ripped Zuckerberg for trying to 'purchase' Wisconsin, a critical battleground state that was reportedly targeted by one of the Zuckerberg-funded groups, for Biden.
'Are our elections for sale? Did Mark Zuckerberg purchase the Wisconsin Presidential election?' Paul asked.
Trump Media & Technology Group's merger deal
DWAC is a Miami-based special purpose acquisition business that has set up a $293 million trust to help TMTG go public.
The initial value of TMTG is projected to be $875 million, with a potential extra earnout of $825 million, for a total value of $1.7 billion.