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US News

Trump Media & Technology Group

admin 2021.10.23 22:45 Views : 82

Trump Media & Technology Group (TMTG) is an American media and technology company founded in February 2021 by businessman and former US president Donald Trump.

On October 20, 2021, TMTG and Digital World Acquisition Corp. (Nasdaq: DWAC), a publicly-traded SPAC, announced that they had entered into a definitive merger agreement that would combine the two entities, allowing TMTG to become a publicly-traded company.

The company's announced future product offerings include a social network (Truth Social) and on-demand programming (TMTG+). The group plans to offer alternative media to challenge the traditional social networks like Facebook, YouTube and Twitter and may attract mainly conservative online view points to its own network. The established social networking companies had earlier shut down President Trump's public pages from their platforms.

https://www.tmtgcorp.com/

 

Digital World to Merge with Trump Media in $875M Deal - SPACInsider