Former President Donald Trump announced the pending launch of a new social network called Truth Social. The platform's goal is to “stand up to the tyranny of Big Tech”. The Trump Media and Technology Group said the social network will begin a limited beta launch in November with a wider rollout in the first quarter of 2022. Trump Media and Technology has agreed to merge with Digital World Acquisition Group ($DWAC@US), a Miami-based company listed on the Nasdaq, to form a new company chaired by Trump.