💰 Truth Social’s Influence Grows Despite Its Business Problems

TL;DR

He is now joined on Truth by a coalition of right-wing Americans, including conservative celebrities like Dan Bongino, the radio host and television commentator; political firebrands like Representative Marjorie Taylor Greene of Georgia; and a constellation of conspiracy theory peddlers, far-right influencers and rank-and-file voters.One group used the site to promote stakeouts of ballot drop boxes in a search for illegal voting, posting a picture on Truth that went viral and helped spur similar efforts in at least 10 states.“I definitely see Truth Social as a place where these various factions are coalescing,” said Josephine Lukito, an assistant professor at the University of Texas at Austin’s School of Journalism and Media who studies the relationship between disinformation and violence.Twitter’s board countered Mr. Musk’s offer with a defense mechanism known as a “poison pill.” This well-worn corporate tactic makes a company less palatable to a potential acquirer by making it more expensive to buy shares above a certain threshold.In July, Mr. Musk announced that he was terminating the deal, citing the continuing disagreement over the number of spam accounts."

Like summarized versions? Support us on Patreon!