Trump’s Truth Social platform faces uncertain future as key test looms

[Tommy Tainant]

Trump’s Truth Social platform faces uncertain future as key test looms

Former president’s social media platform is asking shareholders in Digital World for another year to complete merger

www.theguardian.com

Its looking grim for tech tiddler "Truth Social"/ Investors vote this week on whether to vontinue with the controversial project. If they decide not to they get their money back. That creates a £300m liability and sinks truth.

But at one time investors in Digital World were hot for the Trump tie-up. Shares in Digital World soared to $175 when the merger was announced. On Friday, they stood at $16.51.

Trump is no stranger to failure so this is probably not the biggest problem occupying him at the moment. but its not good news for maga morons looking for a twitter alternative.

Maybe setting up a social media giant is more complicated than we thought ?

 

[lennypartiv]

Island boy inserts himself into US affairs again.

 

[toobfreak]

Trump is no stranger to failure

See?! You and the Donald DO have a lot in common!!!

 

[Tommy Tainant]

Island boy inserts himself into US affairs again.

Do you understand how the internet works Lenny ? i know that trumpy doesnt

 

[Blaster]

Do you understand how the internet works Lenny ?

Plenty of trolls like you on it.

 

[Captain Caveman]

Do you understand how the internet works Lenny ? i know that trumpy doesnt

You still haven't updated everyone on how Threads was going to replace Twitter/X

 

[shockedcanadian]

The more options for citizens to commnicate with each other the better. We should all wish for continued success for ALL such platforms.

 

[lennypartiv]

Do you understand how the internet works Lenny ? i know that trumpy doesnt

Tommy, put "stormy daniels" in a search engine. Your hand will get quite busy.

And Merry Christmas (early I know) to you.

 

[JackOfNoTrades]

You still haven't updated everyone on how Threads was going to replace Twitter/X

Give it time.

 

[toobfreak]

Do you understand how the internet works Lenny?

Do you, Tommy? Why don't you explain to us the principles on which hyper-text markup language works. Then fill us in on packet sorting. I'm all ears.

 

[Captain Caveman]

Do you, Tommy? Why don't you explain to us the principles on which hyper-text markup language works. Then fill us in on packet sorting. I'm all ears.

His knowledge of the internet is so vast, he will explain about how to find Facebook's IP address through the root servers.

 

[bodecea]

Island boy inserts himself into US affairs again.

And....?

 

[Arlette]

hehehe
God has forsaken Donald Trump

 

[Synthaholic]

Everything Trump touches dies: Trump's Truth Social deal is facing a 'catastrophic threat' of having to return $300 million to investors.

Truth Social was around $175/share.

Now it's at $14 per share.
It might have to close now.

 

[Zincwarrior]

Trump’s Truth Social platform faces uncertain future as key test looms

Former president’s social media platform is asking shareholders in Digital World for another year to complete merger

www.theguardian.com

Its looking grim for tech tiddler "Truth Social"/ Investors vote this week on whether to vontinue with the controversial project. If they decide not to they get their money back. That creates a £300m liability and sinks truth.

But at one time investors in Digital World were hot for the Trump tie-up. Shares in Digital World soared to $175 when the merger was announced. On Friday, they stood at $16.51.

Trump is no stranger to failure so this is probably not the biggest problem occupying him at the moment. but its not good news for maga morons looking for a twitter alternative.

Maybe setting up a social media giant is more complicated than we thought ?

Yes. They are about to go byby. Thats why Trump re-a ppeared on Twitter.

Another successful venture.

 

[Zincwarrior]

Island boy inserts himself into US affairs again.

And he is right Russobot.

 

[Synthaholic]

Lol!

 

[Captain Caveman]

Everything Trump touches dies: Trump's Truth Social deal is facing a 'catastrophic threat' of having to return $300 million to investors.

Truth Social was around $175/share.

Now it's at $14 per share.
It might have to close now.

I bet Trump got a few dollars out of it !!!!

 

[Captain Caveman]

Lol!

? Trump has never been bankrupt. Who is this Rick Wilson idiot??

 

[Tommy Tainant]

Lol!

Truth is not a straught forward deal. I think the complexities of it are beyond the understanding of the maga herd.
They may get another year but with the principal facing jail time and ruin any sensble person would want their money back asap.