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Friday, December 09, 2022

Donald Trump’s social network is now available on the Google App Store

Truth Social, the social network of former United States President Donald Trump, is available in the Google Play Store starting this Wednesday, despite the fact that the company dismissed it months ago as insufficient moderation of material on the forum of the former US President.

Google indicated that true social finally agreed to update your app To ensure that its policy on removing messages inciting violence is in place.

In order to be distributed on the Google App Store, programs “must conform to our Policies for Publishers, Including the obligation to effectively moderate the content Remove reprehensible messages such as those published by third parties and inciting violence,” the company spokesperson recalled.

Launched in late February, Truth Social It has been presented as an alternative to the larger social networks, and Twitter in particular. – of which Trump was suspended in January 2021 – with minimal content moderation.

Its parent company, Trump Media & Technology Group (TMTG), celebrated its entry into stores last week Samsung Apps in the USL Galaxy Store.

tmtg is trying too Firm for months merge with Digital World Acquisition Corp. (DWAC), to be able to go public and receive new investments.

excluded from large platforms, Trump barely reaches a fraction of his supporters on Truth Social.

Currently, she has 4.18 million followers on that social network, compared to 88.8 million on Twitter and 35.4 million on Facebook. Before being suspended to encourage your followers To storm the US Capitol on January 6, 2021.

odd Future

Disturbing signs about the financial health and prospects of Donald Trump’s social network, Truth Social, are rising six months after the launch of the platform, which has modest traffic.

chain Fox Business Network reported on Thursday That the firm had withheld payments to its provider, RightForge, and was running an account that is now worth $1.6 million.

Neither Truth Social’s parent company, Trump Media & Technology Group (TMTG), nor RightForge commented. AFP.

On the other hand, the merger of the parent company with Digital World Acquisition Corp (DWAC)—a blanc check company created specifically to merge— and that should allow you to get new resources Even 10 months after the announcement, it is yet to come into force.

The DWAC published a call for an Extraordinary General Meeting for September 6, in which One year period for the shareholders to finalize the mergerUntil September 8, 2023.

In case of no vote in favour, the signature “It will be forced to dissolve.” But if it goes through, the merger would result in an investment of about $1.25 billion in TMTG, although some investors may still opt out of the deal and cut that amount.

According to the financial statements released on Tuesday, DWAC With only $3,000 in cash at the end of June, the money raised from the stock market was closed pending the merger.

DWAC is facing investigation by US federal officials, who have presented evidence to a grand jury for possible criminal prosecution. The company is also being questioned by the United States Stock Exchange Regulator (SEC).

According to the Statista database, the app is downloaded only 50,000 times per week.

The former president’s account on Truth Social has 3.91 million followers, but that’s a far cry from Trump’s Twitter followers, which were around 79.5 million at the time of the suspension.

*With information from AFP.

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