Trump social media platform faces money woes, modest following


Truth Social bills itself as Trump’s answer to platforms like Twitter, which he was ejected from after a mob he had egged on assaulted the US Capitol in January 2021. But six months later it is in 30th place in an Apple ranking of social media apps downloaded onto iPhones. — Reuters

NEW YORK: 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 on Aug 25 that the platform has halted payments to the company that hosts it, RightForge, and owes US$1.6mil (RM7.15mil).

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Facebook 'supreme court' admits 'frustrations' in five years of work
Russia restricts FaceTime, its latest step in controlling online communications
Studies: AI chatbots can influence voters
LG Elec says Microsoft and LG affiliates pursuing cooperation on data centres
Apple appoints Meta's Newstead as general counsel amid executive changes
AI's rise stirs excitement, sparks job worries
Australia's NEXTDC inks MoU with OpenAI to develop AI infrastructure in Sydney, shares jump
SentinelOne forecasts quarterly revenue below estimates, CFO to step down
Hewlett Packard forecasts weak quarterly revenue, shares fall
Microsoft to lift productivity suite prices for businesses, governments

Others Also Read