December 7, 2021

The Catholic Transcript

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Trump announces his own social network with the resources of a company run by a Brazilian federal representative

Trump announces his own social network with the resources of a company run by a Brazilian federal representative

Former US President Donald Trump (Chip Somodevilla / Getty Images)

GONALFS (MG) – Donald Trump, former President of the United States, It announced on Wednesday (20) that it already had the resources to open its own media company to the public.

The partner company of Trump’s new venture, Digital World Acquisition, is run by a conservative Brazilian federal representative Luiz Philippe de Orleans e Bragança. The politician is appointed as the company’s chief financial officer.

Trump wants to return to dictating the direction of public debate in the online environment, which he has been far from since his personal pages were banned from Twitter and Facebook. For encouraging the population to invade Congress, on January 6th, To interrupt the session that would confirm the victory of his opponent in the elections, incumbent President Joe Biden.

Trump, who has been lying about the results of the 2020 election and at the same time accused the mainstream media of spreading “fake” news to discredit him, said the truth would be a beacon to his new company.

according to New York times, if Trump’s business thrives, he’ll have nearly $300 million to spend as he pleases at Trump’s media and technology group.

In the same statement announcing the name of the company, the former US president also said that he would create a new social network, Truth Social, whose goal would be “to create a competitor to the liberal media consortium and fight Silicon Valley companies, the so-called “big technology.”

Digital World Acquisition, Trump’s partner in the new venture, is a Special Purpose Acquisition Company, or SPAC. According to the Insider portal, Digital World shares tripled in value this Thursday (21).

Digital World CEO is Patrick F. Orlando, a former employee of investment banks such as Deutsche Bank. In a recent public document, Orlando revealed that he owns approximately 18% of the company’s stock.

“We live in a world where the Taliban has a massive presence on Twitter, but their favorite American president has been silenced,” Trump said in his statement, vowing to publish his first post soon.

Neste mês, o ex-ingressou na Justiça com um pedido para ter a sua conta restaurant no Twitter, rede social em que fazia comunicados e que vem sendo usada de vitrine por outros mandatários consadores, como Jair Bolsonaro (sem partido).

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