’s plan to take his nascent media company public has had another setback, as federal prosecutors have issued subpoenas to board members of the firm that was to acquire it en route to an IPO.
The initial product of Trump’s ambitions in media and technology is social media platform Truth Social, which has been operating for the past few months but to little effect. It has not drawn users away from other social media platforms, as was its initial intent. Trump was banned by Twitter after his statements and behavior on January 6, 2021, after the assault on the U.S. Capitol.Trump Media & Technology Group Corp.
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