Trump’s ‘Truth Social’ is coming to an Apple App Store near you

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Donald Trump found a way to get banned from Twitter (TWTR) – Get the report from Twitter, Inc. and other social media.

He creates his own social media companyTruth Social, with the mottos: “No Political Discrimination”, “Cancel Cancel Culture”, and “Stand Up Against Big Tech”.

The former president is chairman of Trump Media & Technology Group, which is launching the social media network and plans to go public in a merger with special-purpose acquisition company Digital World Acquisition Corp. (DWAC) .

It’s no coincidence, then, that Truth Social is set to launch on Presidents Day on Monday from the Apple App Store.

A product manager for Truth Social posted a message about a beta test on Friday saying that Trump’s new social media app would be available on Apple’s App Store on Monday, according to a Reuters report.

Truth Social in beta testing

Truth Social has already offered a beta version of the app to potential users, according to Thursday Chats in the Apple App Store Support Field. Users experiencing difficulty with the Truth Social beta have been directed to contact an app developer at Apple Support.

The stated mission of the new social media network is to “create a rival for the liberal media consortium and take on Silicon Valley’s ‘Big Tech’ companies”, according to a company statement.

Potential users can pre-order the app from Apple’s App Store since October, the statement said, and beta testing is expected to launch in November, with a rollout expected in the first quarter of 2022.

“I created TRUTH Social and TMTG to resist the tyranny of Big Tech,” Trump said in an October statement announcing the SPAC merger. “We live in a world where the Taliban has a huge presence on Twitter, but your favorite US President has been silenced. This is unacceptable. I’m excited to be posting my first TRUTH on TRUTH Social very soon. TMTG was founded with a mission to give everyone a voice. I’m excited to soon start sharing my thoughts on TRUTH Social and fighting against Big Tech. Everyone asks me why no one stands up to Big Tech? Well, we will soon !”

TMTG plans video-on-demand service

In addition to Truth Social, the company plans to launch a subscription video-on-demand service, TMTG+, which will feature “unawakened” entertainment, news and podcasts, according to the statement.

In January, Republican Devin Nunes resigned after nearly two decades in the House of Representatives to become CEO of TMTG.

Trump launched his social media company after being banned from major social media platforms including Twitter and Meta Platforms. (Facebook) – Get the Class A report from Meta Platforms Inc. Facebook, for its role in storming the Capitol building on January 6, 2021 in a failed effort to reverse its election loss to President Joe Biden.

The proposed SPAC merger would create a public company with an initial enterprise value of $875 million and an additional earn-out potential of $825 million for a cumulative valuation of $1.7 billion, based on share price. the stock after the business combination, according to a company statement. The company would receive $293 million in DWAC’s trust account upon closing of the merger.

The company has also reportedly raised $1 billion from private investors, which will also be available upon closing of the deal.

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