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Trump plans Spac for social media firm
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fnlondon.comFormer President Donald Trump unveiled a new digital-media venture 20 October and said it would go public by merging with a special-purpose acquisition company.
Trump Media & Technology Group will create a social network called Truth Social to fight such companies as Facebook and Twitter, the Trump company said in a press release late on 20 October. Trump’s access to several social-media platforms was restricted following the 6 January assault on the US Capitol.
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