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The New Coffee Room

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  3. Truth Social

Truth Social

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  • M Mik
    13 Jun 2022, 12:56

    You expected something different?

    A Offline
    A Offline
    Axtremus
    wrote on 13 Jun 2022, 13:16 last edited by Axtremus
    #27

    @Mik said in Truth Social:

    You expected something different?

    Nah, I reckon most reasonable people assume that Truth Social doesn’t really mean it when it says it is a ‘"Big Tent" social media platform that encourages an open, free, and honest global conversation without discriminating on the basis of political ideology.’

    1 Reply Last reply
    • M Mik
      13 Jun 2022, 12:56

      You expected something different?

      D Online
      D Online
      Doctor Phibes
      wrote on 13 Jun 2022, 13:20 last edited by Doctor Phibes
      #28

      @Mik said in Truth Social:

      You expected something different?

      Actually, I'd kind of hoped they'd allow free discussion. I figured it wouldn't work, since it would devolve into a cesspit, but I actually thought they would try and be better than Twitter.

      Stupid optimism, I know.

      I look forward with great anticipation to hear right-minded conservatives everywhere condemn this attack on the very cornerstone of American values, and demand that legislation is put in place to stop this type of egregious assault on liberty from occurring.

      I was only joking

      H 1 Reply Last reply 13 Jun 2022, 15:24
      • D Doctor Phibes
        13 Jun 2022, 13:20

        @Mik said in Truth Social:

        You expected something different?

        Actually, I'd kind of hoped they'd allow free discussion. I figured it wouldn't work, since it would devolve into a cesspit, but I actually thought they would try and be better than Twitter.

        Stupid optimism, I know.

        I look forward with great anticipation to hear right-minded conservatives everywhere condemn this attack on the very cornerstone of American values, and demand that legislation is put in place to stop this type of egregious assault on liberty from occurring.

        H Offline
        H Offline
        Horace
        wrote on 13 Jun 2022, 15:24 last edited by
        #29

        @Doctor-Phibes said in Truth Social:

        @Mik said in Truth Social:

        You expected something different?

        Actually, I'd kind of hoped they'd allow free discussion. I figured it wouldn't work, since it would devolve into a cesspit, but I actually thought they would try and be better than Twitter.

        Stupid optimism, I know.

        I look forward with great anticipation to hear right-minded conservatives everywhere condemn this attack on the very cornerstone of American values, and demand that legislation is put in place to stop this type of egregious assault on liberty from occurring.

        Truth social had never been on my radar, but if it was a big enough deal and allegedly non-partisan, then I'd have an issue with partisan moderating, sure.

        Education is extremely important.

        D 1 Reply Last reply 13 Jun 2022, 15:38
        • H Horace
          13 Jun 2022, 15:24

          @Doctor-Phibes said in Truth Social:

          @Mik said in Truth Social:

          You expected something different?

          Actually, I'd kind of hoped they'd allow free discussion. I figured it wouldn't work, since it would devolve into a cesspit, but I actually thought they would try and be better than Twitter.

          Stupid optimism, I know.

          I look forward with great anticipation to hear right-minded conservatives everywhere condemn this attack on the very cornerstone of American values, and demand that legislation is put in place to stop this type of egregious assault on liberty from occurring.

          Truth social had never been on my radar, but if it was a big enough deal and allegedly non-partisan, then I'd have an issue with partisan moderating, sure.

          D Online
          D Online
          Doctor Phibes
          wrote on 13 Jun 2022, 15:38 last edited by Doctor Phibes
          #30

          @Horace said in Truth Social:

          Truth social had never been on my radar, but if it was a big enough deal and allegedly non-partisan, then I'd have an issue with partisan moderating, sure.

          When I spoke of 'right-minded conservatives', I wasn't really thinking of you 🙂

          TBH, I was a little surprised they'd ban anybody. It's not like they've got a surfeit of users.

          I was only joking

          1 Reply Last reply
          • A Offline
            A Offline
            Axtremus
            wrote on 4 Aug 2022, 14:51 last edited by
            #31

            Censorship (or bad tech, or incompetence) observed at Truth Social:

            https://www.businessinsider.com/truth-social-is-shadow-banning-posts-despite-promise-of-free-speech-2022-8

            https://www.citizen.org/article/truth-cant-handle-the-truth/

            Report on findings on Truth Social “hiding” certain posts/contents.

            T 1 Reply Last reply 6 Aug 2022, 13:09
            • A Axtremus
              4 Aug 2022, 14:51

              Censorship (or bad tech, or incompetence) observed at Truth Social:

              https://www.businessinsider.com/truth-social-is-shadow-banning-posts-despite-promise-of-free-speech-2022-8

              https://www.citizen.org/article/truth-cant-handle-the-truth/

              Report on findings on Truth Social “hiding” certain posts/contents.

              T Offline
              T Offline
              taiwan_girl
              wrote on 6 Aug 2022, 13:09 last edited by
              #32

              @Axtremus Easy to campaign, tough to govern

              1 Reply Last reply
              • George KG Offline
                George KG Offline
                George K
                wrote on 27 Aug 2022, 17:22 last edited by George K
                #33

                Truth Social faces financial peril as worry about Trump’s future grows

                Former president Donald Trump’s Truth Social website is facing financial challenges as its traffic remains puny and the company that is scheduled to acquire it expresses fear that his legal troubles could lead to a decline in his popularity.

                Six months after its high-profile launch, the site — a clone of Twitter, which banned Trump after Jan. 6, 2021 — still has no guaranteed source of revenue and a questionable path to growth, according to Securities and Exchange Commission filings from Digital World Acquisition, the company planning to take Trump’s start-up, the Trump Media & Technology Group, public.

                The company warned this week that its business could be damaged if Trump “becomes less popular or there are further controversies that damage his credibility.” The company has seen its stock price plunge nearly 75 percent since its March peak and reported in a filing last week that it had lost $6.5 million in the first half of the year.

                There are signs that the company’s financial base has begun to erode. The Trump company stopped paying RightForge, a conservative web-hosting service, in March and now owes it more than $1 million, according to Fox Business, which first reported the dispute.

                The company also has struggled with some basics of corporate operation. The U.S. Patent and Trademark Office this month denied its application to trademark “Truth Social,” citing the “likelihood of confusion” to other similarly named companies, including an app, “VERO — True Social,” first released in 2015.

                Representatives from Trump’s company and Digital World did not respond to requests for comment.

                "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                1 Reply Last reply
                • A Offline
                  A Offline
                  Axtremus
                  wrote on 28 Sept 2022, 20:40 last edited by
                  #34

                  https://www.cnbc.com/2022/09/26/trump-linked-spac-changes-address-to-ups-store-as-investments-pulled.html

                  DWAC, the blank-check company set to take Trump Media and Technology Group public, changed its address to a Miami UPS Store in a filing Friday [2022 Sep. 23].

                  As of Friday, DWAC had lost $138.5 million of its $1 billion in private financing.

                  T 1 Reply Last reply 29 Sept 2022, 01:56
                  • jon-nycJ Online
                    jon-nycJ Online
                    jon-nyc
                    wrote on 28 Sept 2022, 20:45 last edited by
                    #35

                    I was just coming here to post that.

                    "You never know what worse luck your bad luck has saved you from."
                    -Cormac McCarthy

                    1 Reply Last reply
                    • H Offline
                      H Offline
                      Horace
                      wrote on 28 Sept 2022, 20:46 last edited by
                      #36

                      The free market is working.

                      Education is extremely important.

                      D 1 Reply Last reply 1 Oct 2022, 22:40
                      • jon-nycJ Online
                        jon-nycJ Online
                        jon-nyc
                        wrote on 28 Sept 2022, 21:52 last edited by
                        #37

                        Probably just trying to throw off the FBI.

                        "You never know what worse luck your bad luck has saved you from."
                        -Cormac McCarthy

                        1 Reply Last reply
                        • A Axtremus
                          28 Sept 2022, 20:40

                          https://www.cnbc.com/2022/09/26/trump-linked-spac-changes-address-to-ups-store-as-investments-pulled.html

                          DWAC, the blank-check company set to take Trump Media and Technology Group public, changed its address to a Miami UPS Store in a filing Friday [2022 Sep. 23].

                          As of Friday, DWAC had lost $138.5 million of its $1 billion in private financing.

                          T Offline
                          T Offline
                          taiwan_girl
                          wrote on 29 Sept 2022, 01:56 last edited by
                          #38

                          @Axtremus said in Truth Social:

                          DWAC, the blank-check company set to take Trump Media and Technology Group public, changed its address to a Miami UPS Store in a filing Friday

                          Dont know why, but this made me laugh.

                          1 Reply Last reply
                          • A Offline
                            A Offline
                            Axtremus
                            wrote on 1 Oct 2022, 22:32 last edited by
                            #39

                            https://www.cnbc.com/2022/09/30/donald-trump-truth-social-devin-nunes-digital-world-merger-delay.html

                            Patrick Orlando, the CEO of Digital World Acquisition Corp. urged Donald Trump to publicize a shareholder vote on delaying the merger with Trump Media and Technology Group.
                            ...
                            "@realDonaldTrump @DevinNunes let's get the vote awareness up," the Digital World Acquisition Corp. chief wrote in a Truth Social post that attached information about the shareholder vote.
                            ...

                            1 Reply Last reply
                            • H Horace
                              28 Sept 2022, 20:46

                              The free market is working.

                              D Online
                              D Online
                              Doctor Phibes
                              wrote on 1 Oct 2022, 22:40 last edited by
                              #40

                              @Horace said in Truth Social:

                              The free market is working.

                              I wonder at what point Mr. Trump will start referring to it as 'Failing Truth Social'.

                              I was only joking

                              George KG 1 Reply Last reply 4 Sept 2023, 02:35
                              • D Doctor Phibes
                                1 Oct 2022, 22:40

                                @Horace said in Truth Social:

                                The free market is working.

                                I wonder at what point Mr. Trump will start referring to it as 'Failing Truth Social'.

                                George KG Offline
                                George KG Offline
                                George K
                                wrote on 4 Sept 2023, 02:35 last edited by
                                #41

                                @Doctor-Phibes said in Truth Social:

                                I wonder at what point Mr. Trump will start referring to it as 'Failing Truth Social'.

                                "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                                1 Reply Last reply
                                • A Offline
                                  A Offline
                                  Axtremus
                                  wrote on 29 Feb 2024, 23:21 last edited by
                                  #42

                                  https://www.cnbc.com/2024/02/29/trump-media-sued-over-dwac-merger-share-dilution.html

                                  • Former President Donald Trump was accused in a lawsuit of trying to “drastically dilute” the value of stock shares in his social media company.
                                  • United Atlantic Ventures alleges that Trump Media & Technology Group engaged in “wrongful 11th hour … maneuvering” to dilute UAV’s minority stake in the media company.
                                  • The Delaware Chancery Court lawsuit comes in advance of a planned merger of TMTG with a shell company called Digital World Acquisition Corp.
                                  1 Reply Last reply
                                  • A Offline
                                    A Offline
                                    Axtremus
                                    wrote on 22 Mar 2024, 12:07 last edited by
                                    #43

                                    Important shareholder meeting today to decide the fate of the Digital World and Trump Media merger:

                                    https://www.investors.com/news/dwac-stock-trump-media-merger-vote-donald-trump-needs-cash/

                                    But lawsuits galore:
                                    https://wapo.st/3x6nNrr

                                    But in the lead-up to Friday’s vote, both companies have been rocked by legal warfare. Their leaders, past and present, have traded heated accusations of deception and impropriety across four lawsuits in three states.

                                    1 Reply Last reply
                                    • A Offline
                                      A Offline
                                      Axtremus
                                      wrote on 26 Mar 2024, 16:10 last edited by
                                      #44

                                      DJT now trading (again):

                                      https://www.cnbc.com/2024/03/26/trump-media-stock-ticker-djt-debuts-after-dwac-merger.html

                                      The ticker debuted on the Nasdaq stock market nearly three decades after the former president used it to launch his publicly traded hotel and casino company to great fanfare in 1995.
                                      .
                                      That stock was ignominiously delisted from the New York Stock Exchange nine years later.

                                      I suppose this is DJT 2.0.

                                      1 Reply Last reply
                                      • jon-nycJ Online
                                        jon-nycJ Online
                                        jon-nyc
                                        wrote on 26 Mar 2024, 16:11 last edited by
                                        #45

                                        It’ll be interesting to see their numbers now that they’ve gone public.

                                        "You never know what worse luck your bad luck has saved you from."
                                        -Cormac McCarthy

                                        1 Reply Last reply
                                        • jon-nycJ Online
                                          jon-nycJ Online
                                          jon-nyc
                                          wrote on 26 Mar 2024, 16:46 last edited by
                                          #46

                                          By the way you almost have to feel sorry for all the retail buyers out there. Many of them probably bought $400 sneakers only to see them selling for $99 a week later.

                                          As a reminder, Truth Social had less than $4MM of revenue in the first 3 quarters of last year, while blowing through $50MM in expenses that same period.

                                          And now those poor dupes bid the value of the enterprise up to 13B. Someone needs to tell them there are no greater fools to sell it to later.

                                          "You never know what worse luck your bad luck has saved you from."
                                          -Cormac McCarthy

                                          A LuFins DadL 2 Replies Last reply 26 Mar 2024, 20:58
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