Executives At Trump’s Truth Social Reportedly Quit As Company’s SPAC Stock Drops
Josh Adams and Billy Boozer, the company’s heads of technology and product development, quit their posts, although the circumstance of their resignations — and whether they have been reassigned to other roles — is unknown, Reuters reported, citing unnamed sources familiar with the company.
The report came as shares of DWAC — which is being investigated by the Securities and Exchange Commission for reportedly holding talks with Trump before it went public last year — have plummeted in recent weeks.
Adams and Boozer joined Trump’s social media efforts last year and played a central role in the app’s development, according to Reuters.
Their resignations come as the platform struggled to meet a self-imposed March 31 deadline to be “fully operational,” with more than a million prospective users stuck on a wait list.
Re: TRUTH SOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
Posted: Mon Apr 04, 2022 10:50 am
by Slim Cognito
Sorry. The 10 year old in me got as far as Billy Boozer and I couldn't stop snickering.
Re: TRUTH SOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
Posted: Mon Apr 04, 2022 10:52 am
by tek
Slim Cognito wrote: ↑Mon Apr 04, 2022 10:50 am
Sorry. The 10 year old in me got as far as Billy Boozer and I couldn't stop snickering.
Josh and the Boozer.
All this reality show needs is a cow.
Re: TRUTH SOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
Posted: Mon Apr 04, 2022 10:58 am
by Dr. Ken
Slim Cognito wrote: ↑Mon Apr 04, 2022 10:50 am
Sorry. The 10 year old in me got as far as Billy Boozer and I couldn't stop snickering.
This reuters quote says it all:
Re: TRUTH SOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
Posted: Mon Apr 04, 2022 11:05 am
by Tiredretiredlawyer
Hi, 10 year old Slim from 10 year old TRL.
My mind traveled to cow farts as I read the thread.
This is why -
From Ron Filipowski tweet: Devin Nunes is really on
Re: TRUTH SOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
Re: TRUTH SOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
Posted: Mon Apr 04, 2022 11:49 am
by Slim Cognito
(change approved.)
Re: TRUTH SOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
Posted: Mon Apr 04, 2022 12:21 pm
by raison de arizona
Good grief. It's already imploding and I haven't even managed to get onto it yet. I'm still on the stupid waiting list.
Re: TRUTH SOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
Posted: Mon Apr 04, 2022 1:02 pm
by RTH10260
Also too the former guy is negleting a segment of his targets that are not stuck with Apple iphones. I guess much of the elderly are not into the highend price market of smartphones.
Reuters above wrote:The company has an app for iPhones but no app for Android phones, which comprise more than 40% of the U.S. market, though the company has advertised seeking an engineer to build one.
Re: TRUTH SOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
Posted: Mon Apr 04, 2022 1:18 pm
by roadscholar
"Stuck" with iPhones?
I'll never have anything else. There's a reason Android's numbers are down to ~40%.
Re: TRUTH SOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
Slim Cognito wrote: ↑Mon Apr 04, 2022 10:50 am
Sorry. The 10 year old in me got as far as Billy Boozer and I couldn't stop snickering.
Josh and the Boozer.
All this reality show needs is a cow.
And a funny fake sound effects track.
Re: TRUTH SOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
Posted: Mon Apr 04, 2022 6:08 pm
by Chilidog
So when do the lawsuits by the investors start?
Re: TRUTH SOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
Posted: Mon Apr 04, 2022 6:18 pm
by Tiredretiredlawyer
Chilidog wrote: ↑Mon Apr 04, 2022 6:08 pm
So when do the lawsuits by the investors start?
To quote Kendra
Re: TRUTH SOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
Posted: Tue Apr 05, 2022 3:22 pm
by raison de arizona
Zachary Petrizzo @ZTPetrizzo wrote:
Spent some time on Trump's Truth Social this afternoon, and pro-Trump users are becoming increasingly frustrated over Trump not posting. "Trumps thumbs broke?" one user asked Dan Scavino. "The whole scam you guys are perpetrating on the Patriots of this county is shameful."
Re: TRUTH SOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
Posted: Tue Apr 05, 2022 4:55 pm
by tek
"Trumps thumbs broke?" one user asked Dan Scavino. "The whole scam you guys are perpetrating on the Patriots of this county is shameful."
You hate to see it.
/s
Re: TRUTH SOCIAL & Trump Media & Technology Group (TMTG) SPAC Digital World Acquisition Corp NASDAQ: DWAC
Posted: Tue Apr 05, 2022 5:10 pm
by raison de arizona
Trump’s Truth Social in trouble as financial, technical woes mount The former president has fumed about the app’s glacial rollout and has been reluctant to post there until it’s a proven success. Three top executives have resigned.
Here’s a truth former president Donald Trump doesn’t want to hear: His social network, Truth Social, is falling apart.
The app — a Twitter look-alike where posts are called “truths” — has seen its downloads plunge so low that it has fallen off the App Store charts. The company is losing investors, executives and attention. And though his adult sons just joined, Trump himself hasn’t posted there in weeks.
Devin Nunes, the former member of Congress from California who gave up the seat that he held for 19 years to run the company, had said the app would be “fully operational” by the end of March. But it has been hamstrung by technical issues, including a waiting list that has blocked hundreds of thousands of potential users during its crucial first weeks online.
Trump has privately fumed about the app’s slow rollout and has mused about joining other platforms such as Gettr, one of its biggest competitors, according to people familiar with the matter who spoke on the condition of anonymity because of the sensitivity of the subject.
Spurred by the former president’s frustration, Nunes has worked to install his own people atop the troubled company, leading to the resignations of its chiefs of technology, product development and legal affairs, according to the people familiar with the turmoil. The departures were first reported by Reuters and Politico.
They said Nunes has regularly traveled to Trump’s Mar-a-Lago Club in Palm Beach, Fla., to brief the former president and discuss the platform’s issues. Trump is holding out hope that the platform will eventually be lucrative, but he has been reluctant to post on it because “it is not ready for prime time,” a close adviser said.
He has, however, continued to pay attention to Twitter, which he has repeatedly criticized as irrelevant since the site banned him last year. He still reviews tweets from politicians and members of the media from time to time, two of the people said.