Trump's new media company is a $10 billion…

In October, former President Trump announced the creation of a new company, Trump Media & Technology Group (TMTG). Its signature product is a new social media site, Truth Social. According to an investor presentation, Truth Social and the larger company will "be a fountainhead of support for American freedoms as the first major rival to 'Big Tech.'" TMTG will "even the playing field" of a media landscape that "has swung dangerously far to the left."

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