As I predicted last year when Tang The Conqueror announced his own social media platform and that former GOP. Rep Devin Nunes was going to run it, "Truth Social" is neither, and just another failed Trump business venture that he'll use for a tax write-off.
The two Southern tech entrepreneurs had the two qualities that Donald Trump’s Truth Social startup needed: tech-industry expertise and a politically conservative worldview aligned with the former president, a rare combination in the liberal-leaning industry centered in San Francisco.
Josh Adams and Billy Boozer - the company’s chiefs of technology and product development - joined the venture last year and quickly became central players in its bid to build a social-media empire, backed by Trump’s powerful brand, to counter what many conservatives deride as “cancel culture” censorship from the left.
Less than a year later, both have resigned their senior posts at a critical juncture for the company’s smartphone-app release plans, according to two sources familiar with the venture.
The departures followed the troubled launch of the company’s iPhone app on Feb. 20. Weeks later, many users remain on a waiting list, unable to access the platform. Trump Media & Technology Group (TMTG) Chief Executive Devin Nunes, a former Republican congressman, said publicly that the company aimed to make the app fully operational within the United States by the end of March.
The company has an app for iPhones but no app for Android phones, which comprise more than 40% of the U.S. market, though the company has advertised seeking an engineer to build one.
Boozer declined to comment and Adams did not respond to a request. Representatives for TMTG and Trump did not respond to requests for comment.
This account is based on Reuters interviews with eight people with knowledge of Truth Social’s activities, all of whom spoke on condition of anonymity.
Truth Social is part of a growing sector of tech firms catering to conservatives and marketing themselves as free-speech champions. The platform promised to give Trump unfettered communication with the American public more than a year after he was kicked off Twitter, Facebook and YouTube for allegedly inciting or glorifying violence during the Jan. 6, 2021, riots at the U.S. Capitol.
The exit of two executives critical to the app-launch efforts could imperil the company’s progress as it tries to prove it can compete with mainstream platforms such as Twitter, said two people familiar with the company. Like Twitter, Trump’s platform offers users the chance to connect and share their thoughts.
“If Josh has left… all bets are off,” one of those sources said of tech chief Adams, calling him the “brains” behind Truth Social’s technology.
Don't worry, Trump more than made his money back off of selling "Truth Social" as a subscription service and charging users $10 a month to play in his mudhole. Remember, the deal to create Trump's media company is already under FEC investigation, and still hasn't closed yet.
The publicly traded company that plans to merge with former president Donald Trump’s media company is under investigation by two federal regulators, which have asked for stock trading information and communications.
Digital World Acquisition Corp. (DWAC) disclosed in a Securities and Exchange Commission (SEC) filing that it had received “certain preliminary, fact-finding inquiries” from the Financial Industry Regulatory Authority in late October and early November regarding stock trading tied to the merger agreement announced Oct. 20.
Separately, the SEC asked for information related to meetings of the company’s board of directors, information on investors, and communications, according to the filing.
The company said the filing should not be construed as an indication that either agency has concluded anyone violated the law. Spokespeople for DWAC and Trump did not immediately respond Monday to requests for comment.
I don't think it ever will, meaning people will be out millions. Trump will make a mint though...and blow it on his next deal to fleece his voters.