Truth Social
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 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. https://www.washingtonpost.com/techn...ar-a-lago-fbi/ So, Trump's Truth Social looks to be about as successful as Trump steaks, Trump water, Trump Airlines, Trump University, Trump (charitable) Foundation, Trump casinos ..... LOL. |
Isn't that chump change for an actual billionaire (that isn't an overvalued chump)?
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Devin Nunes is going to need to look for a new job, it appears.
https://pbs.twimg.com/media/FbLNXz-V...jpg&name=small |
Everything the Ochre Orc touches shrivels and dies in bankruptcy - https://www.rawstory.com/trump-truth-social-2657953237/
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I read about this yesterday. Even the trade mark office didn't like the term Truth Social. :D (kidding)
Trump's Truth Social has trademark application denied as setbacks pile up Quote:
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An executive at Trump Media said he was removed from the Board after he refused Trump’s demand to give some of his shares in the company to Melania, and has now turned over messages, documents and audio to SEC alleging fraud.
https://www.washingtonpost.com/techn...whistleblower/ "...plans gave way to bitter infighting, technical failures and a chaotic jockeying for power among Trump allies that undermined its potential and left some employees crying at their desks." ...Investors, discouraged by the halted merger, have sent the SPAC’s share price plunging from a high of $175 to less than $18 on Friday. |
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