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Thread: Trump at Trump National

  1. #11
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    Devin Nunes may be one of those in attendance. that suggests that the meeting may (in part) have been about Trump's Truth Social, which has been having problems lately.

    https://www.axios.com/2022/08/29/tru...problems-trump

    Aug 29, 2022 - Politics & Policy

    Truth Social's ugly truth




    Axios on emailTruth Social, the app launched by Donald Trump as a free speech platform for conservatives, is facing serious financial and legal stress as it tries to survive.

    Why it matters: The app is the former president's biggest business venture since leaving office — and his best effort to create an alternative populist megaphone to amplify his political brand after being banned from Twitter.



    Driving the news: Truth Social owes one of its vendors, an internet infrastructure company for conservatives called RightForge, around $1.6 million in backdated payments, sources familiar with the disagreement told Axios.


    • The situation, first reported by Fox Business, puts Truth Social at risk of losing the cloud hosting support that it needs to operate.
    • Truth Social soft launched in February and rolled out widely to all U.S. iOS users in May. Cloud support, sources told Axios, may have contributed to Truth Social's full rollout delay.

    Zoom in: If Truth Social fails to come up with the cash to pay back RightForge, the dispute could move to arbitration, one source noted.


    • "RightForge is committed to servicing the client," CEO Martin Avila told Axios. "We were there from the ground floor and we support the president and all of his endeavors and we're committed to building a free speech American ideas based internet.”

    The big picture: Beyond financial issues, Truth Social and the blank check company it plans to merge with in order to go public are facing serious legal problems and regulatory probes that could derail those plans.


    • The U.S. Patent and Trademark Office (USPTO) has refusedTrump's application for a trademark for "Truth Social."
    • The blank check company — called Digital World Acquisition Corp. — is under investigation by the SEC for possibly negotiating their deal prior to going public, which is illegal if true.
    • An investor sued Digital World Acquisition Corp.'s CEO last year, claiming fraud.
    • There's been confusion regarding whether or not certain members of Truth Social's board are actually still on the board, including Trump himself.

    Between the lines: Truth Social's financial problems are tied, in part, to setbacks related to the merger.


    • Trump Media & Technology Group (TMTG), the parent company to Truth Social, announced its plans to merge with Digital World Acquisition Corp. last year, a move that would take it public.
    • Going public would give TMTG access to roughly $1 billion it says it has raised from various hedge funds and investors.
    • Last week, DWAC tried to delay its earnings report to securities regulators. The week before, it asked shareholders to approve an extension of its merger agreement with TMTG by a year.

    State of play: It's unclear who has been backing the app's operations up to this point. The missed payments to at least one of its top vendors suggest Truth Social is struggling to maintain financial stability while it waits to access that cash.
    According to its latest regulatory filings, DWAC has roughly $293 million in cash held in a trust, which represents the vast majority of its assets.


    • Neither TMTG or DWAC has responded to a request for comment.

    The intrigue: It's unclear how many people — or exactly who — is working for Truth Social. Most members of Trump's presidential inner circle are not involved in Truth Social's day-to-day operations.


    • Its CEO, former Republican Congressman Devin Nunes, makes occasional media appearances to discuss the app, and a few people say on LinkedIn that they work for Truth Social.
    • Earlier this year, three top officials in product, technology and legal left the company. Two sources familiar with the departures said the executives resigned in part due to cash flow issues.

    Yes, but: The app's administrative challenges haven't stopped conservatives from exploring the service, where Trump now posts regularly without worry about being throttled or banned.


    • As of mid-August, the app had nearly 3 million downloads worldwide across iOS (mostly in the U.S. and a few thousand in the UK), per Data.ai, an app measurement company.
    • Truth Social saw a surge of downloads in response to the FBI’s execution of a search warrant at Mar-a-Lago earlier this month.
    • Trump has nearly 4 million followers on the app, compared to the roughly 88 million he had on Twitter prior to being bannedlast year.

    What we're watching: Truth Social is not yet available on Android operating systems, which means that around 44% of smartphone users in the U.S. can't download it.

  2. #12
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    Quote Originally Posted by green man View Post
    devin nunes may be one of those in attendance. That suggests that the meeting may (in part) have been about trump's truth social, which has been having problems lately.

    https://www.axios.com/2022/08/29/tru...problems-trump

    aug 29, 2022 - politics & policy

    truth social's ugly truth




    axios on emailtruth social, the app launched by donald trump as a free speech platform for conservatives, is facing serious financial and legal stress as it tries to survive.

    why it matters: the app is the former president's biggest business venture since leaving office — and his best effort to create an alternative populist megaphone to amplify his political brand after being banned from twitter.



    driving the news: truth social owes one of its vendors, an internet infrastructure company for conservatives called rightforge, around $1.6 million in backdated payments, sources familiar with the disagreement told axios.


    • the situation, first reported by fox business, puts truth social at risk of losing the cloud hosting support that it needs to operate.
    • truth social soft launched in february and rolled out widely to all u.s. Ios users in may. Cloud support, sources told axios, may have contributed to truth social's full rollout delay.

    zoom in: if truth social fails to come up with the cash to pay back rightforge, the dispute could move to arbitration, one source noted.


    • "rightforge is committed to servicing the client," ceo martin avila told axios. "we were there from the ground floor and we support the president and all of his endeavors and we're committed to building a free speech american ideas based internet.”

    the big picture: beyond financial issues, truth social and the blank check company it plans to merge with in order to go public are facing serious legal problems and regulatory probes that could derail those plans.


    • the u.s. Patent and trademark office (uspto) has refusedtrump's application for a trademark for "truth social."
    • the blank check company — called digital world acquisition corp. — is under investigation by the sec for possibly negotiating their deal prior to going public, which is illegal if true.
    • an investor sued digital world acquisition corp.'s ceo last year, claiming fraud.
    • there's been confusion regarding whether or not certain members of truth social's board are actually still on the board, including trump himself.

    between the lines: truth social's financial problems are tied, in part, to setbacks related to the merger.


    • trump media & technology group (tmtg), the parent company to truth social, announced its plans to merge with digital world acquisition corp. Last year, a move that would take it public.
    • going public would give tmtg access to roughly $1 billion it says it has raised from various hedge funds and investors.
    • last week, dwac tried to delay its earnings report to securities regulators. The week before, it asked shareholders to approve an extension of its merger agreement with tmtg by a year.

    state of play: it's unclear who has been backing the app's operations up to this point. The missed payments to at least one of its top vendors suggest truth social is struggling to maintain financial stability while it waits to access that cash.
    according to its latest regulatory filings, dwac has roughly $293 million in cash held in a trust, which represents the vast majority of its assets.


    • neither tmtg or dwac has responded to a request for comment.

    the intrigue: it's unclear how many people — or exactly who — is working for truth social. Most members of trump's presidential inner circle are not involved in truth social's day-to-day operations.


    • its ceo, former republican congressman devin nunes, makes occasional media appearances to discuss the app, and a few people say on linkedin that they work for truth social.
    • earlier this year, three top officials in product, technology and legal left the company. Two sources familiar with the departures said the executives resigned in part due to cash flow issues.

    yes, but: the app's administrative challenges haven't stopped conservatives from exploring the service, where trump now posts regularly without worry about being throttled or banned.


    • as of mid-august, the app had nearly 3 million downloads worldwide across ios (mostly in the u.s. And a few thousand in the uk), per data.ai, an app measurement company.
    • truth social saw a surge of downloads in response to the fbi’s execution of a search warrant at mar-a-lago earlier this month.
    • trump has nearly 4 million followers on the app, compared to the roughly 88 million he had on twitter prior to being bannedlast year.

    what we're watching: truth social is not yet available on android operating systems, which means that around 44% of smartphone users in the u.s. Can't download it.
    LIAR LIAR pants on fire!!!!!!

    Greenman don't tell me you can't add or subtract???

    So 100-44=56!!!!!

    So 56% of phones can download the app!!!!

    Again spreading "PROPAGANDA"!!!!

    Reps for Trump have been on NEWSMAX, calling these claims "FAKE NEWS", I believe them more than your MARXIST and Socialist rags!!!!

  3. #13
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    You seem to be saying that the article is correct.

    Why all the exclamation marks?

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    Quote Originally Posted by Green Man View Post
    You seem to be saying that the article is correct.

    Why all the exclamation marks?
    As of right now TRUTH SOCIAL is not in financial problems!!!

    Which AXIOS is trying to "PEDDLE FAKE NEWS"!!!!

    !!!!!=Making a point!!!!

    You keep peddling "FAKE NEWS"!!!

    Truth Social has enough funds to survive until late 2023!!!

    After the Republicats win in Nov and Trump announces his run, Truth Social will grow bigger!!!

    Which will cause your brains to melt!!

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    Quote Originally Posted by lonewolfinoregon View Post
    As of right now TRUTH SOCIAL is not in financial problems!!!

    Which AXIOS is trying to "PEDDLE FAKE NEWS"!!!!

    !!!!!=Making a point!!!!

    You keep peddling "FAKE NEWS"!!!

    Truth Social has enough funds to survive until late 2023!!!

    After the Republicats win in Nov and Trump announces his run, Truth Social will grow bigger!!!

    Which will cause your brains to melt!!
    Oh man I want what you are on. It sure must be some really good stuff to make up such a story as that.

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    Quote Originally Posted by Hoppalong View Post
    Oh man I want what you are on. It sure must be some really good stuff to make up such a story as that.
    Hopper why don't you go back to Democracy Now from whence you came.

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    Quote Originally Posted by lonewolfinoregon View Post
    Truth Social has enough funds to survive until late 2023!!!
    What happens then?



    https://time.com/6209392/truth-socia...roblems-trump/

    AUGUST 31, 2022
    Donald Trump’s social media company, TRUTH Social, is struggling with a host of financial, legal, and technical issues that threaten its very future. But its biggest problem, according to analysts, is something the company initially assumed would be its biggest draw: Trump himself.

    ]Social media networks that quickly capture large audiences tend to appeal to people across boundaries of age, location, economic status, race or political affiliation. But TRUTH Social, co-founded by the divisive former president, is targeting a very specific and much narrower audience, hampering its prospects for growth.

    “Because TRUTH Social is an echo chamber, mainly for Trump followers, it doesn’t have the same kinds of diversity of opinion and content that make mainstream social media platforms appeal to the masses,” says Ryan Neville-Shepard, an associate professor of communication at the University of Arkansas who researches American political rhetoric. “And if it doesn’t appeal to the masses, it’s not going to be extremely profitable.”[

    ]TRUTH Social did not immediately respond to TIME’s request for comment.

    The company’s app has yet to be approved for Google’s Play store. The holdup stems from the social network’s lack of sufficient content moderation, according to Google, a problem that plagues other conservative-leaning platforms, too.

  8. #18
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    Quote Originally Posted by Green Man View Post
    What happens then?



    https://time.com/6209392/truth-socia...roblems-trump/

    AUGUST 31, 2022
    Donald Trump’s social media company, TRUTH Social, is struggling with a host of financial, legal, and technical issues that threaten its very future. But its biggest problem, according to analysts, is something the company initially assumed would be its biggest draw: Trump himself.

    ]Social media networks that quickly capture large audiences tend to appeal to people across boundaries of age, location, economic status, race or political affiliation. But TRUTH Social, co-founded by the divisive former president, is targeting a very specific and much narrower audience, hampering its prospects for growth.

    “Because TRUTH Social is an echo chamber, mainly for Trump followers, it doesn’t have the same kinds of diversity of opinion and content that make mainstream social media platforms appeal to the masses,” says Ryan Neville-Shepard, an associate professor of communication at the University of Arkansas who researches American political rhetoric. “And if it doesn’t appeal to the masses, it’s not going to be extremely profitable.”[

    ]TRUTH Social did not immediately respond to TIME’s request for comment.

    The company’s app has yet to be approved for Google’s Play store. The holdup stems from the social network’s lack of sufficient content moderation, according to Google, a problem that plagues other conservative-leaning platforms, too.
    And how many are following Trump, The total subscribers? Something like 7 million, compared to around 40 million on Twitter His own social media is a joke, compared to what he had on Twitter. lol

  9. #19
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    Quote Originally Posted by Green Man View Post
    What happens then?



    https://time.com/6209392/truth-socia...roblems-trump/

    AUGUST 31, 2022
    Donald Trump’s social media company, TRUTH Social, is struggling with a host of financial, legal, and technical issues that threaten its very future. But its biggest problem, according to analysts, is something the company initially assumed would be its biggest draw: Trump himself.

    ]Social media networks that quickly capture large audiences tend to appeal to people across boundaries of age, location, economic status, race or political affiliation. But TRUTH Social, co-founded by the divisive former president, is targeting a very specific and much narrower audience, hampering its prospects for growth.

    “Because TRUTH Social is an echo chamber, mainly for Trump followers, it doesn’t have the same kinds of diversity of opinion and content that make mainstream social media platforms appeal to the masses,” says Ryan Neville-Shepard, an associate professor of communication at the University of Arkansas who researches American political rhetoric. “And if it doesn’t appeal to the masses, it’s not going to be extremely profitable.”[

    ]TRUTH Social did not immediately respond to TIME’s request for comment.

    The company’s app has yet to be approved for Google’s Play store. The holdup stems from the social network’s lack of sufficient content moderation, according to Google, a problem that plagues other conservative-leaning platforms, too.
    Didn't you read after that sentence??

    Once Republicans win in NOV and Trump announces he is running, all your MARXIST allies will run to TRUTH SOCIAL to follow what Trump is posting!!!!

    ALL your MARXIST/SOCIALIST allies were members on Trump's Twitter account to follow what Trump was saying!!!!

  10. #20
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    Quote Originally Posted by Hoppalong View Post
    And how many are following Trump, The total subscribers? Something like 7 million, compared to around 40 million on Twitter His own social media is a joke, compared to what he had on Twitter. lol
    A lot of Trump twitter followers were your MARXIST/SOCIALIST allies!!!

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