Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Norbert

(7,767 posts)
Thu Aug 25, 2022, 04:16 PM Aug 2022

trump's social media app facing financial fallout

Truth Social’s finances may be in significant disarray, sources say

Former President Donald Trump’s social media outfit, Truth Social, is locked in a bitter battle with one of its vendors claiming that the platform is stiffing the company out of more than $1 million in contractually obligated payments, FOX Business has learned.

If the allegations are true, they would suggest that Truth Social’s finances are in significant disarray, people with direct knowledge of the matter say. Internet infrastructure company RightForge is said to be among Truth Social’s largest vendors and creditors, these people say.

In October, RightForge announced it entered into an agreement to host Truth Social, which Trump helped create after he was banned by Twitter following the Jan. 6 riots. RightForge now contends that Truth Social has reneged on its contractually obligated monthly payments for setting up the platform’s web-servicing infrastructure, according to three people with direct knowledge of the matter.


Lol. The orange anus has a history a mile long of reneging on payments for services rendered. If RightForge never gets paid it's their own damn fault.

https://www.foxbusiness.com/features/trump-social-media-app-facing-financial-fallout
12 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
trump's social media app facing financial fallout (Original Post) Norbert Aug 2022 OP
What kind of a bonehead Casady1 Aug 2022 #1
Shocking !!!! The original application was ominous as to Trump's financial successes. Karadeniz Aug 2022 #2
Stephanie Miller had a good one this morning.... TheRealNorth Aug 2022 #3
You don't say! Who'd have believed it? dchill Aug 2022 #4
TFG won't pay for code stolen from Twitter. OilemFirchen Aug 2022 #5
And they were surprised? leftyladyfrommo Aug 2022 #6
This could have just been a clever way to give Trump a huge amount of money.... TheRealNorth Aug 2022 #7
Everything he touches turns to crap. nt leftyladyfrommo Aug 2022 #8
*sad trombone sound* sakabatou Aug 2022 #9
Womp womp. Meadowoak Aug 2022 #10
Saaad Hekate Aug 2022 #11
Trump is notorious for not paying his bills. Devin Nunes Golden Raisin Aug 2022 #12
 

Casady1

(2,133 posts)
1. What kind of a bonehead
Thu Aug 25, 2022, 04:23 PM
Aug 2022

thinks that Trump would ever pay them. I wonder if Nunes checks are rubber.

TheRealNorth

(9,647 posts)
3. Stephanie Miller had a good one this morning....
Thu Aug 25, 2022, 04:33 PM
Aug 2022

She referred to Truth Social as the Baby Monitor

OilemFirchen

(7,288 posts)
5. TFG won't pay for code stolen from Twitter.
Thu Aug 25, 2022, 04:34 PM
Aug 2022

The perfect encapsulation of the MAGA free market.

TheRealNorth

(9,647 posts)
7. This could have just been a clever way to give Trump a huge amount of money....
Thu Aug 25, 2022, 04:46 PM
Aug 2022

And make it tax-deductable as a "business loss".

Golden Raisin

(4,755 posts)
12. Trump is notorious for not paying his bills. Devin Nunes
Thu Aug 25, 2022, 05:59 PM
Aug 2022

is the CEO of Truth Social. Whatta combo --- and who could have seen any financial or managerial issues?

Latest Discussions»General Discussion»trump's social media app ...