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Donald Trump launching new social media platform called Truth Social

Former US President Donald Trump (AP Photo/Alex Brandon)

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Donald Trump launching new social media platform called Truth Social

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Donald Trump has revealed plans to launch Truth Social, a social media site that will debut early next year.

According to a news statement purportedly issued by one of his firms, his aim is to strike back against Big Tech. The social network will debut in restricted beta in November, according to the Trump Media and Technology Group, with a broader deployment scheduled in the first quarter of 2022.

According to a release, Trump Media and Technology Group (TMTG) and Digital World Acquisition Group have entered into a merger agreement and are already listed on the Nasdaq, and the firm will be led by the former president.

“We live in a world where the Taliban has a huge presence on Twitter, yet your favorite American President has been silenced,” Trump said in the statement.

“I’m excited to soon begin sharing my thoughts on Truth Social and to fight back against big tech.

Truth Social has a website where individuals can sign up for a waiting list for the social network. Truth appears to feature profile pages with a Twitter-like stream of messages, according to screenshots.

The company was formed through a special purpose acquisition company (SPAC), which the Securities and Exchange Commission defines as “a popular vehicle for various transactions, including transitioning a company from a private company to a publicly traded company,” according to the release on the company’s website. A SPAC is commonly referred to as a “blank check company,” as the SEC notes and as Digital World Acquisition Group says on its website.

According to Bloomberg, Patrick F. Orlando is the chairman and CEO of the Digital World Acquisition Group, which is merging with the former president’s new media company. He is also the CEO of Yunhong International, which is a Cayman Islands-based international blank check company with headquarters in Wuhan, China.

The former president, who was kicked off Facebook and Twitter earlier this year, says his objective is to compete with the digital firms which denied him the platform that helped him rise to power.

Following the tragic US Capitol Hill incident in January, social media giants expelled Trump off their platforms. Trump is now attempting to re-enter the online public debate.

Trump, who has used Twitter to bash his opponents and regularly break his own news during his administration, has been sending statements almost as frequently as he previously tweeted.

While his own website is marketed as a free and open communication platform that promotes “honest global conversation,” the site’s terms of service forbid users from making fun of it. Users must agree not to “disparage, tarnish, or otherwise harm, in our opinion, us and/or the site” in order to utilize the platform.

Trump will be banned from Facebook until at least 2023, according to the company. “Experts will assess whether the risk to public safety has receded,” the social network said. After a board entrusted with assessing Facebook’s toughest content moderation judgments affirmed Trump’s ban, the company made the decision. YouTube says it will lift Trump’s suspension from the platform when the “risk of violence has decreased.”

Trump’s statement comes only months after his longtime advisor Jason Miller created GETTR, a social media platform. The former president quickly pushed back on rumors that he would be joining Miller’s platform shortly after it launched, writing in a statement, “I am not on any social media platform in any way, shape, or form, including Parler, GETTR, Gab, etc. When I decide to choose a platform, or build or complete my own, it will be announced. Thank you!”

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