Truth Social is headed by former US president Donald Trump.
San Francisco:
The Trump Media Corporation on Tuesday announced it was in talks with Canadian online video platform Rumble to provide a stage for a subscription video-on-demand service.
The organization led by former US president Donald Trump said it had signed an agreement for the particular company, which is popular with political conservatives, to provide “widespread cloud technology and services”. “.
Trump Media and Technology Corporation (TMTG) has launched an online platform “Truth Social” for invited guests to use Rumble, according to a statement.
“I have chosen the Rumble Cloud to serve as an important backbone for the TMTG infrastructure,” Trump said in the statement.
The 75-year-old was removed from Twitter – his preferred communication channel as president – as well as Facebook and YouTube following the January 6 uprising in which a mob of supporters Trump, buoyed by his repeated false claims that the November 2020 election was stolen from him, attacks the US Capitol.
Rumble will handle video streaming for Truth Social, and negotiations are ongoing to get the company to use its technology for its subscription video-on-demand product called TMTG+, according to the release.
US regulators are scrutinizing a deal between Trump’s fledgling social media company and an investment vehicle to put the former president’s venture on the stock market, documents show last week.
The companies, after the merger, said they plan to roll out the “TRUTH Social” social media platform nationwide early next year, hoping to be able to compete with services like Twitter.
Digital World Acquisition Corp., already listed on Wall Street, announced in late October that it would merge with TMTG, allowing the former chairman’s joint venture to be listed without the usual formalities.
Digital World is a special purpose acquisition company (SPAC), sometimes referred to as a “white check” company because it was created for the sole purpose of merging with another entity.
Trump says the new platform will be an alternative to Silicon Valley internet companies that he says are biased against him and other conservative voices.
Now available for pre-order on the App Store, it is expected to launch in the first quarter of 2022.
(This story has not been edited by NDTV staff and was automatically generated from the feed provided.)
