Truth Social

On the 26th of April 2022, after Elon Musk acquired Twitter, Truth Social became the most downloaded app on the U.S.US iPhone App Store, with Twitter coming second. The download increase for the app came after the resolution of some technical issues, and Trump's statements on April 14 to Americano Media about returning to Twitter after Musk's purchase.

Truth Social is a proposed social media platform to be launched in April 2022 by a company formed through a merger of the Trump Media and Technology Group (TMTG) and special acquisition company (SPAC) Digital Word Acquisition Corp. The network plans to haveplanned a beta launch in November 2021 and a full launch in the first quarter of 2022.

Truth Social is the first of three stages in the plans of the company formed through a merger between Trump Media and Technology Group and a Digital World Acquisition. The platform is set to be followed by a subscription video-on-demand service termed TMTG+ that will feature entertainment, news, and podcasts.

On the 26th of April 2022, op free iPhone apps available on the App Store, Truth Social has been seeing the most installs overall on the U.S. App Store today. (Twitter is No. 2.) According to Mobile Insights Strategist Stephanie Chan of SensorTower, a mobile analytics firm, Truth was at No. 52 as of Sunday—and Twitter was ranked at No. 39. The sudden increase of downloads for Truth Social likely has something to do with the resolution of the platform’s technical issues. The increase in downloads may also have something to do with the former president’s recent statements. Earlier this month, on April 14, Trump told Americano Media that he probably wouldn’t be returning to Twitter even as Musk expressed interest in buying the platform.

On the 26th of April 2022, after Elon Musk acquired Twitter, Truth Social became the most downloaded app on the U.S. iPhone App Store, with Twitter coming second. The download increase for the app came after the resolution of some technical issues, and Trump's statements on April 14 to Americano Media about returning to Twitter after Musk's purchase.

On the 26th of April 2022, op free iPhone apps available on the App Store, Truth Social has been seeing the most installs overall on the U.S. App Store today. (Twitter is No. 2.) According to Mobile Insights Strategist Stephanie Chan of SensorTower, a mobile analytics firm, Truth was at No. 52 as of Sunday—and Twitter was ranked at No. 39. The sudden increase of downloads for Truth Social likely has something to do with the resolution of the platform’s technical issues. The increase in downloads may also have something to do with the former president’s recent statements. Earlier this month, on April 14, Trump told Americano Media that he probably wouldn’t be returning to Twitter even as Musk expressed interest in buying the platform.

Truth Social is a proposed social media platform to be launched by a company formed through a merger of the Trump Media and Technology Group (TMTG), and a special acquisition company (SPAC) Digital Word Acquisition Corp. The network plans to have a beta launch in November 2021, and a full launch in the first quarter of 2022.

Structured similarly to Twitter, users can post "Truths," which are like tweets, or "Re-Truths," which are retweets. The app contains a news feed, referred to as the "Truth Feed," which shows users who interacted with their posts.

On the 20th of October 2021, The 45th president of the United States of America, Donald Trump, announced the potential launch of a social media application called Truth Social or TRUTH Social. The app isthen became available for pre-order on the App Store. The social media platform willwas set to be developed through a company formed by a merger of the Trump Media and Technology Group, and a special acquisitionDigital companyWorld (SPAC)Acquisition. Truth Social iswas set for a beta launch in November 2021 and a full rollout in the first quarter of 2022.

Hours after Trump made the announcement, an individual claiming affiliation with the hacking collective Anonymous, used Shodan - aShodan—a search engine capable of locating servers exposed to the open internet, tointernet—to track the company’s digital footprint. Shodan was used to locate and leak on social media a web domain that appeared to be operating the mobile beta for Truth Social, enabling unpermitted users to sign up and utilize the platform.

Users trolled the site, created parody accounts, and posted comedic content in the form of memes. Fake accounts were created with usernames of public figures including Trump, Mike Pence, and Jack Dorsey. Following this, new accounts were barred and the site was pulled offline.

Following this, new accounts were barred and the site was pulled offline.

Truth Social is the first of three stages in the plans of the company formed through a merger between Trump Media and Technology Group, and a specialDigital acquisition companyWorld (SPAC)Acquisition. The platform is set to be followed by a subscription video-on-demand service termed TMTG+ that will feature entertainment, news, and podcasts.

In May 2021, Trump launched a blog called "From the Desk of Donald J. TrumpFrom the Desk of Donald J. Trump", which he used to post short announcements in the form of tweets. The site was shut down in less than a month. Following the attack on the US Capitol by Trump supporters on January 6, 2021, Trump was banned from TwitterTwitter, Facebook, Twitch, Snapchat, Shopify, and InstagramInstagram. Youtube, Discord, PininterestPinterest, Reddit, and Tik TokTik Tok put plans in place to limit his reach, whileand Google and Apple suspended the Appapp ParlerParler, which had been used by violent supporters of Trump.

The terms of service appear to lean on Section 230 of the Communications Decency Act, which shields digital platforms from lawsuits over content posted by their users. The Communications Decency Act was criticized by Trump during his presidency. The terms add that TRUTH Social can terminate or suspend a user's account, and also sue themThe twenty-third term in the site's terms of service states that users are not allowed to "disparage, tarnish, or otherwise harm, in our opinion, us and/or the Sitesite.". The twentieth term also prohibits the "excessive use of capital letters,", a term whichthat users pointed out was already violated by Trump on Twitter.

Truth Social has faced different a variety of technical issues, one of them being a waiting list obstructing hundreds of thousands of prospective users in its first weeks online. On April 4, 2022, Josh Adams and Billy Boozer, TruthSocial's chief of technology, and chief of product development respectively, left the company. They resigned following an attempt by former US congresmancongressman and Trump Media & Technology Group CEO, Devin Nunes, to bring in personal allies to operate the company.

On the day of its launch, Truth Social was downloaded about 200,000 times, and the downloads reduced to about 10,000 installs a day in March 2022. Following the February 21st launch, the app has been installed about 1.2 million times. The contents of the app isare only viewable from an Apple iPhone, and there has been no Android version avaialableavailable for download. LlinksLinks to individual posts, referred to as “truths,”, cannot be opened in standard Webweb browsers. In March 2022, the app’s developers reported that, as a result of database memory problems, users were “experiencing slow distribution of truths.”

The social network is reported to be going unused by former presidentPresident Trump, who is only followed by about 140,000 people, which is a fraction of the estimated 90 million followers he had on Twitter before the ban following the 2021 US Capitol riot. Additionally, Digital Word Acquisition Corp, which is the special acquisitions vehicle (SPAC), bringing the platform to the public, is being investigated by the SEC.

In April 2022, shares of the Digital World Acquisition Corporation, a blank-check firm planning to merge with Trump's Media & Technology Group, went down 13% percent and closed at $35.71. This was the lowest since the deal was publicized in October 2021. The selloff comes as Elon Musk closes a deal for the take over of Twitter, the Big Tech company that Trump accuses of silencing conservatives, and is an inspiration for Truth Social. At a point, the stock fell as much as 19% percent.

Elon Musk, who reached a deal in April 2022 to buy Twitter for $44 billion, and he says his objective is to make Twitter “an inclusive arena for free speech.” Trump informed Fox News that he doesn't plan to return to Twitter if his permanent ban is lifted.

“Twitter becoming open to a bigger variety of voices is likely to the be last nail in the coffin of Truth Social's SPAC. It’s hard to see any upside for them given all of the internal struggles with even launching a scalable social platform and now the likelihood that Twitter will allow a broader range of discourse.”

Elon Musk, who reached a deal Mondayin April 2022 to buy Twitter for $44 billion, saidand he aimssays his objective is to make the social-media platformTwitter “an inclusive arena for free speech.” While Trump toldinformed Fox News on Monday that he doesn't plan ato return to Twitter comeback if his permanent ban endsis lifted.

said Max Gokhman, chief investment officer at money manager AlphaTrAI Inc.

“Twitter becoming open to a bigger variety of voices is likely to the be last nail in the coffin of Truth Social's SPAC,” “It’s hard to see any upside for them given all of the internal struggles with even launching a scalable social platform and now the likelihood that Twitter will allow a broader range of discourse.”

Max Gokhman, chief investment officer at money manager AlphaTrAI Inc said:

“Twitter becoming open to a bigger variety of voices is likely to the be last nail in the coffin of Truth Social's SPAC. It’s hard to see any upside for them given all of the internal struggles with even launching a scalable social platform and now the likelihood that Twitter will allow a broader range of discourse.”

Matthew Kennedy, senior IPO market strategist at Renaissance Capital said:

"There's no need to download Truth Social if you can get it on Twitter."

Musk, who reached a deal Monday to buy Twitter for $44 billion, said he aims to make the social-media platform “an inclusive arena for free speech.” While Trump told Fox News on Monday he doesn't plan a Twitter comeback if his permanent ban ends

said Max Gokhman, chief investment officer at money manager AlphaTrAI Inc.

“Twitter becoming open to a bigger variety of voices is likely to the be last nail in the coffin of Truth Social's SPAC,” “It’s hard to see any upside for them given all of the internal struggles with even launching a scalable social platform and now the likelihood that Twitter will allow a broader range of discourse.”