Former U.S. President Donald Trump’s new social media app, Truth Social, launched late on Sunday on Apple’s App Store and quickly became the top free app available on Apple’s App Store.
The app was available shortly before midnight ET and was the top free app available on the App Store early Monday. Truth Social was automatically downloaded to Apple Inc devices belonging to users who had pre-ordered the app.
Many users reported either having trouble registering for an account or were added to a waitlist with a message: “Due to massive demand, we have placed you on our waitlist.”
Led by former Republican U.S. Representative Devin Nunes, Trump Media & Technology Group (TMTG), the venture behind Truth Social, joins a growing portfolio of technology companies that are positioning themselves as champions of free speech and hope to draw users who feel their views are suppressed on more established platforms.
“This week we will begin to roll out on the Apple App Store. That’s going to be awesome, because we’re going to get so many more people that are going to be on the platform,” Nunes said in a Sunday appearance on Fox News’ Sunday Morning Futures with Maria Bartiromo. “Our goal is, I think we’re going to hit it, I think by the by the end of March we’re going to be fully operational at least within the United States,” he added…
TMTG is planning to list in New York through a merger with blank-check firm Digital World Acquisition Corp (DWAC) and stands to receive $293 million in cash that DWAC holds in a trust, assuming no DWAC shareholder redeems their shares, TMTG said in an Oct. 21 press release.
Additionally, in December TMTG raised $1 billion committed financing from private investors; that money also will not be available until the DWAC deal closes.
Via: Reuters
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