The ‘blank check’ ally of former president Donald Trump’s media start-up was once a stock-market star. It’s now days away from potential liquidation.

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https://ghostarchive.org/archive/cuvuc

  • Davel23@kbin.social
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    1 year ago

    Ugh, if “Truth” Social goes under, all the deplorables will crawl back to Twitter. And Muskrat will roll out the red carpet for them.

  • Baggins@beehaw.org
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    1 year ago

    I loved this snippet. “Three times as many unique visitors in July visited the websites for The Old Farmer’s Almanac and the Denver Gazette, Similarweb estimates show”.

  • magnetosphere @beehaw.org
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    1 year ago

    In a separate filing, Digital World said it also was not ready to file two required quarterly financial reports covering the first half of this year, saying it could not complete them in time without “unreasonable effort or expense.” It has sparred with its former auditors in SEC filings and letters over who is to blame for missing information.

    This was a law they knew about from day one, right? Don’t the people who run this circus claim to be professionals? Sorry, folks, but incompetence isn’t a valid excuse. It isn’t “unreasonable” to demand that you comply with the law. If you have to pull a few all-nighters because of your own poor planning, that’s just too bad.

  • bedrooms@kbin.social
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    1 year ago

    In a post there Monday, he wrote, “TRUTH SOCIAL IS THE GREATEST & ‘HOTTEST’ FORM, SYSTEM, & PLATFORM OF COMMUNICATION IN AMERICA, & INDEED THE WORLD, TODAY. THAT’S WHY I USE IT — THERE IS NOTHING THAT COMES EVEN CLOSE!!!”

    I just leave it here

  • regalia@literature.cafe
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    1 year ago

    How expensive is it to run a dead mastodon instance lol. Ppl do this out of pocket already in the greater mastodon ecosystem. Hell, we’re talking on an example of that. Is the instance owner of your instance doing this out of pocket?

  • StarServal@kbin.social
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    1 year ago

    He’s unbanned from Xitter which was the whole reason he started Truth Social to begin with. It’s served its purpose.

        • Excrubulent@slrpnk.net
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          1 year ago

          I pronounce it like “twitter” and I spell it that way too.

          It’s not like anyone wants that word for anything else. It’s just a play on onomatopoeia that some marketing company made up ages ago because it was easy to search.

          Nobody will be confused by the term, and it’s not like twitter is going to do anything terribly relevant from here on out except spiral into the ground. To the extent it matters to history, that’s what people will remember it as.