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NEW YORK DAWN™ > Blog > Trending > Why Elon Musk Is a Problem for Trump’s Truth Social
Why Elon Musk Is a Problem for Trump’s Truth Social
Trending

Why Elon Musk Is a Problem for Trump’s Truth Social

Last updated: April 22, 2022 10:31 pm
Editorial Board Published April 22, 2022
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Trump Media would face a murkier future. After a flurry of downloads when Truth Social was launched, interest has dropped sharply. Sensor Tower, an app insights company, said the app was downloaded an estimated 41,000 times in the last full week of March, down 95 percent from the same period the previous month.

Truth Social, which is available only on Apple devices, has 1.3 million installs, Sensor Tower estimated. By comparison, Twitter has more than 200 million active users.

What’s Happening With Elon Musk’s Bid for Twitter?


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The offer. Elon Musk, the world’s wealthiest man, made an unsolicited bid worth more than $43 billion for the social media company. Mr. Musk said that he wanted to make Twitter a private company and that he wanted people to be able to speak more freely on the service.

What’s next? On April 21, Mr. Musk said he had received commitments worth $46.5 billion to finance his bid. He added that he was considering pursuing a hostile takeover with a move, known as a tender offer, that would see him take his offer directly to Twitter shareholders.

The sagging engagement extends to Mr. Trump, who only recently hit the one million follower mark, a sliver of the 89 million he once had on Twitter. He has published just one post on Truth Social, a February message telling his followers to “Get Ready!”

The platform got off to a glitchy start with error messages and a long waiting list. Three people familiar with Truth Social said there had been a scramble to prepare it for launch amid frustrations with the performance of some of the back-end technology to support the app.

Two top tech executives working on Truth Social, Josh Adams and Billy Boozer, left the company last month, Reuters first reported. Both were said to be dissatisfied with elements of the technology behind the platform, according to five people briefed on the matter. Neither responded to repeated request for comment.

Their departures add to the mystery of the company’s internal operations.

In a November presentation for investors, Trump Media provided the full names for only a handful of employees. Mr. Adams, the chief technology officer, and Mr. Boozer, the chief product officer, were described by their titles and as “Josh A.” and “Billy B.” The company’s chief financial officer, Phillip Juhan, was not identified at all.

Mr. Juhan and Devin Nunes, the former California Republican congressman hired by Mr. Trump in December to serve as Trump Media’s chief executive, are listed as directors on a filing in Georgia, where Trump Media incorporated itself last month. Trump Media is also incorporated in Delaware but has listed Mr. Trump’s Mar-a-Largo club in Florida as its corporate headquarters.

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TAGGED:Digital World Acquisition CorpMobile ApplicationsMusk, ElonRegulation and Deregulation of IndustrySecurities and Exchange CommissionSocial MediaSpecial Purpose Acquisition Companies (SPAC)The Washington MailTrump Media&Technology GroupTrump, Donald JTruth Social (Social Network)Twitter
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