Musk has already turned Twitter into Truth Social anyway. So no need.
Trump reportedly asked Musk to buy Truth Social last year
Submitted 8 months ago by ZeroCool@slrpnk.net to technology@lemmy.world
https://www.theregister.com/2024/03/12/donald_trump_tried_to_sell/
Comments
DandomRude@lemmy.world 8 months ago
tsonfeir@lemm.ee 8 months ago
hey buddy, I hear you buy worthless shit that doesn’t make a profit.
tal@lemmy.today 8 months ago
It’s probably got some value, and I’d guess that its utility is either gonna be to politicians who want access to information about social media users who support Trump or to some other social media network that is already working on monetization, so that it can reuse existing stuff.
I’m skeptical that it’s worth much, though. The value is gonna be in the userbase.
en.wikipedia.org/wiki/Truth_Social
Usersestimated 607,000 monthly users as of July 2023[4]
That’s not a whole lot.
kautau@lemmy.world 8 months ago
Don’t worry, the FSB will fund it, they need it since they’re only good at digital war and found out they’re bad at physical war
Tylerdurdon@lemmy.world 8 months ago
So we’ve proven Elon can ruin a functional social media platform, but what about a dysfunctional one? He might… Fix it?
Hamartiogonic@sopuli.xyz 8 months ago
Only by causing an integer overflow of the dysfunctionality index.
theodewere@kbin.social 8 months ago
trying to offload it onto a sucker's market as soon as possible because they know the value of that stinker only drops from here
MushuChupacabra@lemmy.world 8 months ago
Why would he do that, when he could smart-ass his way into a legally binding contract to buy Twitter for much more money, and then trash it until it’s interchangeable with Truth?
takeda@lemmy.world 8 months ago
Though I must say I’m still upset at the losers that are still on twitter.
I feel like people changed drastically over the last two decades and are more likely to accept being fucked in the ass by corporations.
Remember what happened to digg when they changed the site to control the articles that are being posted? Or to Myspace when it was purchased by Murdoch?
What the hell happened?
Sanctus@lemmy.world 8 months ago
Well, The Battle of Blair Mountain happened because the workers were sick of being paid in company scrip, living in company housing, and shopping and company stores. So maybe we’re not back to that yet. But dont ever forget that is the end goal for all these shit stains.
Deceptichum@sh.itjust.works 8 months ago
Normies happened.
Digg was nerds and MySpace was teens. Each left their site for different reasons.
Twitter is normies and normies don’t really give a shit, happy to live in the status quo never changing.
masquenox@lemmy.world 8 months ago
They deserve each other.
selokichtli@lemmy.ml 8 months ago
They may still be on negotiations. I can picture Truth as “Y, the social network that comes after X”. It sure can’t fail. Then a merge can happen, they can call it Z or Musk may be bold about it and call it Ω. You have to write “www.Ω.com” to access it.
Asidonhopo@lemmy.world 8 months ago
!remindme 1 year
towerful@programming.dev 8 months ago
Uft, imagine if that happened and musk chose a single unicode character as the domain?!
Unicode are already sanitised from domains, because there are ubicode characters that look like - but are distinct from - ascii characters… which opens a huge pandoras box of MITM attacks of malicious sites on domains that visually look the same as legit domains.If musk wants a single unicode character, all the browsers are going to have to figure out that can of worms
Jax@sh.itjust.works 8 months ago
So bold
Srootus@sh.itjust.works 8 months ago
Isn’t it just a Mastodon instance?
Dlog@thelemmy.club 8 months ago
Yup, and the Mastodon devs almost took them to court for stealing their code. Of course at the last minute Trump Media published their changes to Mastodon to adhere to the GPL.
jabjoe@feddit.uk 8 months ago
GPL works again, though maybe not much useful to merge back from Trump Media…
Burn_The_Right@lemmy.world 8 months ago
Excellent photo.
Etterra@lemmy.world 8 months ago
His eyes in this picture look AI generated.
Tylerdurdon@lemmy.world 8 months ago
And his hair
Hamartiogonic@sopuli.xyz 8 months ago
Trying to take a photo that looks AI generated is an art form.
autotldr@lemmings.world [bot] 8 months ago
This is the best summary I could come up with:
Faced with mounting legal troubles and a sputtering special purpose acquisition company (SPAC) deal, former president Donald Trump reportedly turned somewhere unexpected last year to offload his flailing social media platform, Truth Social: X owner and Tesla technoking Elon Musk.
Ostensibly a place for freer speech than Twitter, Truth Social launched in 2022 with plans to take the platform public as soon as possible through a sale to a SPAC formed for the purpose, Digital World Acquisition Corp (DWA).
The deal has yet to close, with the US Securities and Exchange Commission heavily criticizing the use of a Chinese firm to develop DWA.
By September 2022 Trump Media and Technology Group (TMTG), parent company of Truth Social, had threatened to sue the SEC for delaying the TMTG/DWA merger.
We received no response from either party, while The WaPo was told by TMTG that “We heard Trump and Musk were actually discussing buying the Washington Post but they decided it had no value.”
Trump, who would hold more than half the shares of the combined company, would reportedly stand to raise his net worth by some $4 billion - more than enough to handle those legal problems without Musk’s help.
The original article contains 528 words, the summary contains 199 words. Saved 62%. I’m a bot and I’m open source!
Ledivin@lemmy.world 8 months ago
We received no response from either party, while The WaPo was told by TMTG that “We heard Trump and Musk were actually discussing buying the Washington Post but they decided it had no value.”
lol… Bezos already has - and, unlike Musk, continues to generate - effectively infinite money. Why on earth would he sell WaPo?
JoMomma@lemm.ee 8 months ago
I was hoping this was what their recent meeting was instead of muskrat bailing him out
TallonMetroid@lemmy.world 8 months ago
I mean, wouldn’t paying for Truth basically be bailing President Loser out?
Jakdracula@lemmy.world 8 months ago
Here’s the best summary I can come up with:
Trump (pictured) says “my pants shit their pants!”
PoliticallyIncorrect@lemmy.world 8 months ago
Fuck yeah, why not?, let Musk fuck Truth in a temper tantrum like Twitter…
gaifux@lemmy.world 8 months ago
Literally nobody cares
JoMiran@lemmy.ml 8 months ago
Can we talk about the thumbnail? Glorious.
Zugyuk@lemmy.world 8 months ago
Image
Syn_Attck@lemmy.today 8 months ago
I can’t tell if that’s a deepfake’d David Letterman or the jpeg compression is so bad it’s given everyone mutant fingers.
ATDA@lemmy.world 8 months ago
HEY KIDS check out my Ryuk impression can you believe Netflix didn’t cast me !?
Syn_Attck@lemmy.today 8 months ago
Oh God No Did I Shart
THE_ANTIHERO@lemmy.today 8 months ago
He had shat the bed a long time ago