WORLD

INDIAN PRIME MINISTER NARENDRA MODI JOINS TRUTH SOCIAL, CELEBRATES CONNECTION WITH TRUMP
Indian Prime Minister Narendra Modi has become one of the select world leaders to join Truth Social, the social media platform founded by former U.S. President Donald Trump. In his inaugural post on Monday, Modi shared a photograph of himself with Trump taken during his 2019 visit to Houston, Texas, expressing his delight at being part of the platform.
Truth Social was launched by Trump in February 2022 after he lost the presidential election to Joe Biden and faced temporary bans from major social networks like Twitter and Facebook for allegedly inciting violence. As of 03:30 GMT, Modi had amassed 21,500 followers, following only Trump and U.S. Vice President JD Vance.
On the same day, Trump promoted a link to an interview featuring Modi with podcaster Lex Fridman, in which the Indian Prime Minister discussed various subjects, including his life journey, the Gujarat riots of 2002, and India's relationship with China.
Truth Social offers functionality similar to X (formerly Twitter), allowing users to post "truths," "retruth" content, and send direct messages. Advertisements on the platform are referred to as "sponsored truths."
Owned by Trump Media & Technology Group (TMTG), Truth Social was taken public in March 2024, with Trump holding approximately 57% of the company's shares. Kuwaiti-based investment firm ARC Global Investments and several former contestants from The Apprentice also hold significant stakes, although these investments are currently embroiled in legal disputes.
While Trump boasts 9.28 million followers on Truth Social, this is considerably less than the 87 million he has on X. Data from Bloomberg indicates that traffic on Truth Social remains minimal compared to its competitors, with its total user base trailing X by a staggering 400 times.
In 2024, TMTG reported losses of $400 million (£308 million) against a revenue of $3.6 million, leading to a market valuation of $4.45 billion.
"This represents a significant development in our ongoing coverage of current events."— Editorial Board