Former US President Donald Trump will launch his own social media app, TRUTH Social, that he said would "stand up to Big Tech" companies such as Twitter and Facebook that have barred him from their platforms.
TRUTH Social will be created through a new company formed by a merger of the Trump Media and Technology Group and a special acquisition company (SPAC), according to a press release distributed by both organizations.
“We live in a world where the Taliban has a huge presence on Twitter, yet your favorite American President has been silenced. This is unacceptable," Trump said in a written statement included in the release.
"I am excited to send out my first TRUTH on TRUTH Social very soon. TMTG was founded with a mission to give a voice to all. I'm excited to soon begin sharing my thoughts on TRUTH Social and to fight back against Big Tech," he said.
Recall the former US president was once suspended by Twitter and Facebook respectively during the US presidential elections in 2020.
Jason Miller, a former senior adviser to Donald Trump who this year set up his own social media platform called Gettr, which is intended to appeal to conservatives, issued a statement congratulating his former boss, Trump.
“Now Facebook and Twitter will lose seven more market share.
“President Trump has always been a great dealmaker, but we just couldn’t come to terms on a deal,” he Miller said.
Business Compiler yesterday reported that there are speculations Facebook planning to announce change of its name at its annual general meeting next week.