Trump-linked SPAC's shares surge as Truth Social app tops Apple downloads


The Truth social network logo is seen displayed behind a woman holding a smartphone in this picture illustration taken February 21, 2022. REUTERS/Dado Ruvic/Illustration

(Reuters) -Shares of Digital World Acquisition Corp, the blank-check company behind former U.S. President Donald Trump's new social media venture, Truth Social, rose about 14% on Tuesday as the app topped downloads on Apple's App Store after its launch late on Sunday.

Truth Social was downloaded 170,000 times since its launch, according to research firm Apptopia.

Celebrate Merdeka with 50% Off!
T&C applies.

Monthly Plan

RM13.90/month
RM6.95 only

Billed as RM6.95 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM6.17/month

Billed as RM78 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Social media platform X back up after brief outage, Downdetector shows
MCMC to quarantine rather than block websites with minimal prohibited�content
New iPhone will use Arm’s chip technology for AI, FT reports
‘Astro Bot’ review: All history lessons should be this fun
Byju's auditor BDO resigns after start of bankruptcy proceedings, company says
Barbershop murder video in the US called too gruesome, yet still up
More kids in the US have an eye condition these days. Why you shouldn’t be too quick to blame phones
An app called Why?! aims to foster closeness because folks are lonely
Robot pulled from Times Square subway patrol may be in line for new assignment
Dell, Palantir and Erie Indemnity to join S&P 500

Others Also Read