Trump: Facebook loses users because people wait for TRUTH, the free social network
Former President Donald Trump said Facebook is losing users because people prefer to wait for the arrival of Truth Social, its next social media platform, scheduled to launch on February 21 . Truth has been marketed as the place of free speech, devoid of Big Tech, although there will be a modicum of restraint through the use of AI. Truth's departure, not surprisingly, anticipates the CPAC in Orlando by a few days, that is the great convention of conservatives that attracts visitors from all over the world.
Meta, the parent company of Facebook, announced Thursday that the site lost about 1 million daily active users between the third and fourth quarters of 2021. It was the first time the company has reported a decline in the number of active users. , a sign that its formula is no longer explosive or attractive.
"This means that people are tired of fake news and abuse and most of all they are tired of their political cheating," Trump said in a statement on Friday shared by his spokesperson Liz Harington.
“It could also be that people are waiting for TRUTH, the highly sophisticated platform that we can't wait to open in the not too distant future. It's time to put in order what is happening in our country! "
Trump announced the launch of Truth Social after companies like Facebook and Twitter suspended it last year, after accusing him of inciting a riot and causing the Capitol riots on January 6. The new social initiative also met with good financial success as DWAC, the company that should financially manage the entire operation by raising, in forecasts, over 800 million dollars, actually raised much more and had a better quotation. than the market average in January and February. Considering also the great success of Joe Rogan and the announcement of his collaboration with Rumble (the elative spac CFVI has exploded) we can say that the market is hungry for non-aligned media.
Conversely, Meta stock tumbled 22% in pre-market trading after the fourth quarter earnings report.
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The Trump article: Facebook loses users because people wait for TRUTH, the free social media comes from ScenariEconomici.it .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/trump-facebok-perde-utenti-perche-la-gente-aspetta-truth-il-social-libero/ on Wed, 09 Feb 2022 13:45:23 +0000.