Sorry, you need to enable JavaScript to visit this website.

Donald Trump truth social app platform launch date, dwac stock symbol

Trump is making a comeback with a controversial right-wing social media platform that raised $1 billion in its first two days of business.

If everything goes well, the service will be available in the first quarter of 2022

Trump made fun of his social network Truth Social last year after he banned social media for good. They say it's a platform that allows people to speak freely and doesn't let media that "has gone too far to the left" stop them.

People who wanted to try out the beta version of Truth Social were able to do so in November. The public launch of the app is planned for early next year.

"$1 billion sends an important message to Big Tech that censorship and political discrimination must stop," the former president said in a press release about the new money.

In the meantime, Trump is happy that his plans to get more right-wing people to use his platform are going well. This gives us a glimpse of a more divided future.

Donald Trump truth social app platform launch date, dwac stock symbol
A planned merger between former President Donald Trump's social media startup and a so-called special purpose acquisition company, or a shell company, is being investigated by regulators.
Why build a new social network when there are already so many of them?

Tech companies have been attacked by Trump and other right-wing people for a long time. This is especially true in the United States. During his presidency, he called Twitter out a lot by tweeting against it. Then, he also spoke out against the mainstream media and other social media.

Trump mostly said that social media companies were censoring right-wing posts for their own benefit. Is what he says true or not? If that's the case, then there are some examples to back up those claims.

There was a case of this in the weeks leading up to the 2020 US presidential elections,

After Joe Biden's son left his laptop at a repair shop, the New York Post published an article with information from Hunter Biden's laptop. The information was legally obtained because Joe Biden's son left it there.

The report was critical of Joe Biden, and it used emails from the computer to back up some of the claims. A few hours later, Facebook made posts with links to the article less visible, and Twitter banned any tweets with the article's URL.

Many people on the right and some on the left were not happy with how social media companies handled this. Among them was then-CEO Jack Dorsey, who said it was "unacceptable."

However, there are times when the suppression was more appropriate. As soon as Trump lost the presidential election in the United States in January 2021, he called for an attack on the US Capitol. This led to him being banned from almost all social media platforms for good.

When social networks have unfairly censored users on both sides of the political spectrum, it's hard to figure out how many times this has happened. It's even more difficult to prove or disprove that there is bias in how social networks handle content. However, the former president seems to have faith that he can get his supporters to join him and move them to his platform when it comes time.

Donald Trump says the Truth Social will be an alternative to Silicon Valley Internet companies
Donald Trump says the Truth Social will be an alternative to Silicon Valley Internet companies
Rivalry with right-wing groups

People who used Twitter before they banned Donald Trump from using the app changed to right-wing social networks when they couldn't use it. Gab and Parler are the two most well-known apps. Both have tried and failed to get Trump to use their apps, which led him to start his own service.

When Gab's CEO spoke out about Jared Kushner in February, he blamed him for stopping his father-in-law from using Gab. Gab runs a verified account for the former president because Trump hasn't joined the service himself. Gab posts on the account for the former president. The posts are a collection of Trump's statements that he has made on other websites and in emails to his fans.

Parler tried to get Trump to join the app by giving him a 40% share of the profits if he agreed to do so. In Michael Wolff's book, he says that Trump also wanted Parler to keep people who don't like him off the app. Ironically, this goes against what he's been saying about free speech. Parler didn't like the terms of the deal.

If Trump just wanted to be able to speak freely, he would have worked with Gab or Parler to get there. That said, it looks like the former president thinks that his name can do more for the company than those other people can. There has been a lot of money invested in Truth Social so far, so it looks like it will be able to beat its other right-wing competitors.

Donald Trump says the Truth Social will be an alternative to Silicon Valley Internet companies
Our social media platform should be right-wing, but should we have one?

Many people in both the right and the left wing of politics are excited about Donald Trump's new social media platform. People on the right want to feel heard and supported by people who share their views. People on the left, on the other hand, want to keep their platforms free from views they don't agree with.

Consequently, we're making it more clear that people who have different political views aren't able to use the internet together. "Echo chamber" phenomenon: People often hear their own opinions echoed back to them on the internet because of algorithms that recommend content to them.

An echo chamber can do a lot of damage to a well-run democracy. The way we think may be shaped by the people and things around us, not by us. Having the same beliefs around you also makes it less likely that your views will be challenged.

We need to make it easier for people who disagree to talk to each other, no matter how uncomfortable it might be. A social media platform that only talks to people on one side of the political spectrum will make it even less likely for important talks to happen.

The goal of social media is to help us stay in touch with our families, friends, and other people all over the world. Our phones have access to all the knowledge in the world, but social media's algorithms make sure that we only see things that agree with us. It's a shame that these devices can help us learn about other people's views, but instead, they're used to build walls between us.

It may be that Donald Trump's Truth Social app makes people have better conversations, no matter what their political views are. However, since he tried to silence his opponents on Parler, Truth Social is likely to be another step in the direction of politics. And he just raised $1 billion to do that, so he can do that.

Shariff share buttons