Reuters reveals Trump to launch his social media app in February; market reacts - Reuters News Agency
Business & FinancePolitics

Reuters reveals Trump to launch his social media app in February; market reacts

Reuters revealed that former President Donald Trump’s new media venture, which Digital World has agreed to merge with, plans to launch its social media app Truth Social on Feb. 21. TRUTH Social, the Trump Media & Technology Group (TMTG) alternative to Twitter, offers features to follow other people and trending topics, according to demo photos. Its message equivalent of a tweet will be dubbed “truth.” The launch is expected to be the first of three stages in TMTG’s development. The second would be a subscription video-on-demand service called TMTG+ with entertainment and news.

Market Impact

Shares of Digital World Acquisition Corp rose as much as 27%.



Article Tags
Topics of Interest: Business & FinancePolitics
Type: Reuters Best
Sectors: EquitiesMediaTelecommunications
Regions: Global
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story
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