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President Donald J. Trump Announces Trump Media & Technology Group (TRUTH Social network)


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President Donald J. Trump Announces Trump Media & Technology Group

“I created TRUTH Social and TMTG to stand up to the tyranny of Big Tech... I am excited to send out my first TRUTH on TRUTH Social very soon...”

Former President Trump last night announced plans to start a new media network, including a social media platform and streaming content in order to “stand up to the tyranny of Big Tech.”

The social media app appears to be the first initiative of the Trump Media and Technology Group (TMTG), which plans to list on the Nasdaq by merging with Digital World Acquisition, according to the announcement first tweeted out by spokeswoman Liz Harrington. The transaction values TMTG at up to $1.7 billion, she claimed.

The SPAC raised $250 million in a downsized IPO last month.

Trump Media & Technology Group’s growth plans initially will be funded by the SPAC’s cash in trust, according to a news release.

The transaction values Trump Media & Technology Group at an initial enterprise value of $875 million, according to a news release, with a potential additional earnout of $825 million in additional shares depending on the performance of the stock price post-business combination.

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They should kick out everyone who works in Silicon Valley after it opens up.

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38 minutes ago, MovieMadness said:

>The transaction values TMTG at up to $1.7 billion, she claimed.

We all know this phrase "up to". It's probably worth something actually much lower, now and at tax time, but get an investor involved and it's valued to the moon and beyond.

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  • MovieMadness changed the title to President Donald J. Trump Announces Trump Media & Technology Group (TRUTH Social network)
2 hours ago, MovieMadness said:

President Donald J. Trump Announces Trump Media & Technology Group

“I created TRUTH Social and TMTG to stand up to the tyranny of Big Tech... I am excited to send out my first TRUTH on TRUTH Social very soon...”

Former President Trump last night announced plans to start a new media network, including a social media platform and streaming content in order to “stand up to the tyranny of Big Tech.”

The social media app appears to be the first initiative of the Trump Media and Technology Group (TMTG), which plans to list on the Nasdaq by merging with Digital World Acquisition, according to the announcement first tweeted out by spokeswoman Liz Harrington. The transaction values TMTG at up to $1.7 billion, she claimed.

The SPAC raised $250 million in a downsized IPO last month.

Trump Media & Technology Group’s growth plans initially will be funded by the SPAC’s cash in trust, according to a news release.

The transaction values Trump Media & Technology Group at an initial enterprise value of $875 million, according to a news release, with a potential additional earnout of $825 million in additional shares depending on the performance of the stock price post-business combination.

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They should kick out everyone who works in Silicon Valley after it opens up.

They?????   Who are they? 

If TMTG,   are you saying they should fire all of their employees that work in the Silicon Valley?    

They (TMTG) can not fire employees of other companies.    

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5 hours ago, MovieMadness said:

Google has blocked the Trump website and all information on this because they are afraid of the competition. Google news is a propaganda source and needs to be cleaned up.

So the "they" are the Feds.       I agree that Google and other companies shouldn't be able to block websites unless they have a sound legal reason  (e.g.  the website is showing illegal content like child porn).

As for "cleaning up" Google news:   Uh,   I don't believe you really wish for the Feds to go-there since any clean-up of Google news or any news related website would impact conservative websites more so than liberal ones.     I'm sure Trump and TMTG don't wish for additional Fed oversight of their website and thus don't want Google news or any other news based website to have additional Fed oversight .   

 

 

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1 hour ago, MovieMadness said:

Google has blocked the Trump website and all information on this because they are afraid of the competition. Google news is a propaganda source and needs to be cleaned up.

Trump's new social media platform Truth is HACKED and fake accounts are made under his and Mike Pence's name before the official launch and hours after it was announced 

49468761-0-image-a-72_1634827640650.jpg

The beta site for former President Donald Trump's new social media network, called TRUTH Social, was hacked just hours after it was announced.

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2 hours ago, MovieMadness said:

Google has blocked the Trump website and all information on this because they are afraid of the competition. Google news is a propaganda source and needs to be cleaned up.

Thank GOD (!!!) we will never have to worry about partisan propaganda on any news media network run by Trump!

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2 hours ago, MovieMadness said:

Google has blocked the Trump website and all information on this because they are afraid of the competition. Google news is a propaganda source and needs to be cleaned up.

Proof of this?   Your view of Google must be different from mine.

I typed in "truth" in Google's search box and clicked on "News".   Nine news stories from various sources popped up on the first page.  I don't see where Google is blocking anything. 

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They want people to come in and try and break and hack the system before the hard launch happens, so everything works later. Twitter was hacked more times than anyone can count.

PS Democrat are worried about a social mecia site that they can't use as a propaganda site and dictate what is said on anymore. They can't erase all the posts about how the election was stolen last year.

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11 hours ago, MovieMadness said:

President Donald J. Trump Announces Trump Media & Technology Group

“I created TRUTH Social and TMTG to stand up to the tyranny of Big Tech... I am excited to send out my first TRUTH on TRUTH Social very soon...”

Former President Trump last night announced plans to start a new media network, including a social media platform and streaming content in order to “stand up to the tyranny of Big Tech.”

The social media app appears to be the first initiative of the Trump Media and Technology Group (TMTG), which plans to list on the Nasdaq by merging with Digital World Acquisition, according to the announcement first tweeted out by spokeswoman Liz Harrington. The transaction values TMTG at up to $1.7 billion, she claimed.

The SPAC raised $250 million in a downsized IPO last month.

Trump Media & Technology Group’s growth plans initially will be funded by the SPAC’s cash in trust, according to a news release.

The transaction values Trump Media & Technology Group at an initial enterprise value of $875 million, according to a news release, with a potential additional earnout of $825 million in additional shares depending on the performance of the stock price post-business combination.

******************************************************

They should kick out everyone who works in Silicon Valley after it opens up.

And get the technology to run it from China, right!?

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9 hours ago, MovieMadness said:

Google has blocked the Trump website and all information on this because they are afraid of the competition. Google news is a propaganda source and needs to be cleaned up.

It’s because Trump peddles in Lies, falsehoods, conspiracy theories and insurrection attempts.

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3 hours ago, MovieMadness said:

They want people to come in and try and break and hack the system before the hard launch happens, so everything works later. Twitter was hacked more times than anyone can count.

PS Democrat are worried about a social mecia site that they can't use as a propaganda site and dictate what is said on anymore. They can't erase all the posts about how the election was stolen last year.

Did this one get a **** pig like Trump’s last site!?  Man, this dude is desperate, launching one site after another, hoping to grift the rubes and the brain dead yet again!!

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1 hour ago, MovieMadness said:

Obama and Hillary are extremely jealous of what Trump has accomplished using capitalism

You may be right, Obama plans to outdo Trump by constructing Obama University in the middle of a golf course. Students are to pay a thousand dollars for five golf lessons from him but they have to sign a waiver that  if, by chance, he fails to show up neither he nor his university can be sued. Trump is thinking now of suing Obama for stealing one of his ideas.

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Trump’s Tech SPAC Could Make Him Billions

Mr Donald Trump's sagging fortune is suddenly poised to get a massive boost from meme-stock mania.

News last week that the former president's nascent media enterprise, Trump Media & Technology Group, is planning to go public via a special purpose acquisition company (Spac) has sent retail investors into a frenzy, even with few details released.

The stock gain drove the implied value of the new venture to more than US$8.2 billion (S$11 billion). Based on figures from press releases and filings to the Securities and Exchange Commission, it appears Mr Trump will own more than 50 per cent of the combined company.

At its current value, that would make him the richest he has ever been, up from his estimated net worth now of US$2.5 billion, according to the Bloomberg Billionaires Index.

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Obama and Hillary are very jealous of this, they had to tinker with books and scam movies, while Trump goes into the capital markets like a pro to make billions.

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26 minutes ago, MovieMadness said:

Trump’s Tech SPAC Could Make Him Billions

Mr Donald Trump's sagging fortune is suddenly poised to get a massive boost from meme-stock mania.

News last week that the former president's nascent media enterprise, Trump Media & Technology Group, is planning to go public via a special purpose acquisition company (Spac) has sent retail investors into a frenzy, even with few details released.

The stock gain drove the implied value of the new venture to more than US$8.2 billion (S$11 billion). Based on figures from press releases and filings to the Securities and Exchange Commission, it appears Mr Trump will own more than 50 per cent of the combined company.

At its current value, that would make him the richest he has ever been, up from his estimated net worth now of US$2.5 billion, according to the Bloomberg Billionaires Index.

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Obama and Hillary are very jealous of this, they had to tinker with books and scam movies, while Trump goes into the capital markets like a pro to make billions.

Trump is there to sucker once more his deplorable base, stupid enough to continue to donate money line line Trump’s pockets, no matter what he says it’s going to be for.

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