https://sputnikglobe.com/20211205/trumps-media-company-says-raised-1bln-from-investors-1091264813.html
Trump's Media Company Says Raised $1Bln From Investors
Trump's Media Company Says Raised $1Bln From Investors
Sputnik International
MOSCOW (Sputnik) - The Trump Media & Technology Group (TMTG), founded by former US President Donald Trump, has announced raising $1 billion from institutional... 05.12.2021, Sputnik International
2021-12-05T16:28+0000
2021-12-05T16:28+0000
2021-12-05T16:28+0000
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The former president's media company was reported in October to be going public and planning to launch a social network named TRUTH Social.The former president, who is still banned from most social media platforms, crowed about this development saying it "sends an important message to Big Tech that censorship and political discrimination must end."Major social media like Facebook, Twitter and Instagram banned Trump following the January 6 unrest at the US Capitol, which some praise as a reasonable response to alleged incitement of riots, while others voice concerns about freedom of speech and expression in the United States.
https://sputnikglobe.com/20211022/trumps-truth-social-app-expected-to-gain-popularity-face-censorship-issues-experts-say-1090118271.html
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donald trump, us, investment, social networks
donald trump, us, investment, social networks
Trump's Media Company Says Raised $1Bln From Investors
MOSCOW (Sputnik) - The Trump Media & Technology Group (TMTG), founded by former US President Donald Trump, has announced raising $1 billion from institutional investors.
The former president's media company was reported in October to be going public and planning to
launch a social network named TRUTH Social.
"Trump Media & Technology Group Corp. and Digital World Acquisition Corp., today announced that Digital World Acquisition Corp. has entered into subscription agreements for $1 billion in committed capital to be received upon consummation of their business combination (the 'PIPE') from a diverse group of institutional investors," the TMTG said in a statement, issued on Saturday.
The former president, who is still banned from most social media platforms, crowed about this development saying it "sends an important message to Big Tech that censorship and political discrimination must end."
22 October 2021, 01:04 GMT
Major social media
like Facebook, Twitter and Instagram banned Trump following the January 6 unrest at the US Capitol, which some praise as a reasonable response to alleged incitement of riots, while others voice concerns about freedom of speech and expression in the United States.
