Tag: Trump Social media app financial crisis

Donald Trump’s Social Media Platform Faces Financial Crisis, Modest Following
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Donald Trump’s Social Media Platform Faces Financial Crisis, Modest Following

[ad_1] Donald Trump's account on Truth Social has 3.91 million followers.Washington: Signs are growing that Donald Trump's social media platform Truth Social is in financial trouble, with just a modest following six months after launching.Fox Business Network reported Thursday that the platform has halted payments to the company that hosts it, RightForge, and owes $1.6 million.Neither the platform's parent company Trump Media and Technology Group nor RightForge answered AFP requests for comment.Meanwhile the parent company's merger with Digital World Acquisition Corp -- a blank check company formed specifically to carry out a merger -- has yet to take place, 10 months after the announcement that it would happen. This fusion is supposed to bring in fresh funding for the Trump platform.DWA...