What Is Trumps New App?

Author

Author: Albert
Published: 30 Nov 2021

Italian vs. U States: SPAC merger negotiations in Italy

A SPAC is a shell company that raises money in an IPO to merge with a privately held company that becomes publicly traded. SPACs are a popular alternative to IPOs because of their less regulatory scrutiny and more certainty over the valuation. Rome is drawing up an offer to try to convince Intel to invest billions of euros in an advanced chipmaking plant in Italy, as Germany emerges as the favorite to land an even bigger megafactory planned by the U.S. company, three sources said.

The app's function and its comparison to the competition

The app's function and how it will compare to its rivals are not known. The Truth Social will be launched in November. The national roll out is expected in the first quarter of 2022.

Truth Social: Trump's push against Big Tech

According to a press release, a new social network called Truth Social is being launched by the former President to push back against Big Tech. The Trump Mediand Technology Group said the social network will begin a limited trial in November and will be available to the public in the first quarter of 2022. Digital World Acquisition Group is a blank check company, according to a May filing with the Securities and Exchange Commission.

SPACs are shell corporations with no commercial operations listed on a public stock exchange with the purpose of acquiring or merging with a private company, thus making it public as well. The effort to build a social network by Trump is facing some challenges. The Washington Post reported that an image of a pig defecating to a Donald Trump account has been removed from the site.

Gettr: A new social media platform claiming to be "cancel-free"

The new social media platform, Gettr, was launched by the former President's team on Thursday. Most don't know that the new social platform Gettr is backed by a fugitive Chinese billionaire. On his site GNEWS, Wengui posted a video two days before urging viewers to back up their social media posts.

Steve Bannon, the former Trump adviser, was invited to live on a yacht by a Chinese billionaire named Wengui. Miller announced the launch of Gettr, a new social mediapp that promises to be "cancel-free" Thousands of Trump fans who are wary of social media censorship on more prominent platforms like Facebook and Twitter started signing up for the platform after being reported on by Politico.

Other websites associated with the man portray him as the creator of Gettr. Gettr has existed for more than a year now. Gettr was a Chinese e-language social media network linked to G-TV Media.

Truth Social: A New App for Learning About Nature

The statement said that the app is already available for pre-order on the App Store, and that Truth Social will be available as an invitation-only alpha from November 2021.

Redeeming Digital World Acquisition Corp Shares for IPO Value

When the merger is done, Digital World Acquisition Corp shareholders will be asked if they want to redeem their shares for their IPO value. The SPAC will be reducing their cash available to give to Trump's company if they do.

The Non-Biased Social Network

The site aims to fight "cancel culture, promote common sense, defend free speech, challenge social media monopolies, and create a true marketplace of ideas" according to the mission statement. The main lesson from the statement is that the marketplace of ideas is the slogan plastered all over the branding of GETTR. The platform's mission statement is already in the App Store, but it is called a "non-bias social network for people all over the world".

The app is meant for mature audiences, and has a rating of M or 17+ depending on your current situation. The new social media platform has a website and a mobile app. The app'sUI is very similar to that of the micro-blogging service.

The "Small Tech" is not a New Idea

The statement said that the company aims to create a rival to the liberal media consortium and fight back against the "Big Tech" companies of Silicon Valley. Not yet. The app will be available for invited guests.

The Trump Mediand Technology Group

The user that should be permanently suspended from the service is Donald Trump, because of his violation of the violence policy. Other social media platforms followed suit. The main goal of the Trump Mediand Technology Group is to create a rival to the liberal mediand fight back against the 'Big Tech' companies of Silicon Valley, which have used their power to silence opposing voices in America.

The Truth Social platform is expected to be rolled out in the first quarter of 2022. The app will be available for invited guests in November. Truth Social is available for pre-order in the App Store.

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