Latest in Truth Social

Devin Nunes To Resign California Congressional Seat, Become CEO Of Donald Trump’s Social Media Company

Rep. Devin Nunes (R-CA) will resign his congressional seat at the end of the year to become CEO of Donald Trump’s social media and technology company. Nunes, a staunch defender of the former president and critic of Twitter and traditional media, will be CEO of Trump Media and Technology Group, which is launching the

SEC Investigating Donald Trump’s Social Media SPAC Deal

The SEC is probing Digital World Acquisition Corp, the publicly traded special-purpose vehicle that plans to merge with former President Donald Trump's social media startup. DWAC revealed in a filing today that it has received a request for documents relating to "meetings of DWAC's Board of Directors, policies and…

Business

Shares Of SPAC Tied To Donald Trump Social Media Venture Nearly Quadruple In Heavy Trading

Shares of Digital World Acquisition Corp. — the special purpose acquisition company that plans to merge with a Donald Trump-led social media network — surged Thursday in heavy volume as retail traders piled on. The stock, traded on the Nasdaq GM is changing hands at over $50, nearly quadrupled its Wed. close of $10.17…

Business

Trump Says He’s Launching His Own Social Media Network Called Truth Social

Donald Trump said that he’s launching a new social media service, Truth Social, through a newly formed company called Trump Media and Technology Corp. Truth Social will have a nationwide rollout in the first quarter of 2022, with a beta launch next month, according to a press release. According to the announcement…