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According to Newsweek, former US President Donald Trump’s project to create a new social network is backed by a joint venture that appears to have ties to China.

On October 20, former US President Donald Trump announced plans to launch his own social network called TRUTH Social, which is expected to begin testing the “invite guests” feature next month. This new social network is the result of a joint venture between Trump Media & Technology Group (TMTG) and Digital World Acquisition Group, based in the state of California.

By October 21, filings from the US Securities and Exchange Commission were posted online showing indirect links to potential business in China. The MeidasTouch Foundation has found that Digital World CEO Patrick Orlando has also been identified as the CEO of China Yunhong Holdings Ltd, according to Newsweek.

China Yunhong Holdings Ltd was established in 2019 and is headquartered in Wuhan City, Hubei Province, China. According to Chinese-language financial and investment website MoneyDJ, China Yunhong Holdings Ltd is mainly engaged in joint ventures, securities trading, asset and stock purchases.

It is unclear whether China Yunhong Holdings Ltd will play any role in the day-to-day operations or direction of Truth Social.

The creation of Truth Social is believed to be the latest move to restore Trump’s influence on the internet after he was banned by Twitter and Facebook in January. “I created TRUTH Social and TMTG will fight tyranny. of tech giants. We live in a world where the Taliban have a lot of Twitter presence, but your favorite US President is silent. This is unacceptable,” Trump said.

In May, Mr. Trump started the blog “From Donald J. Trump’s Desk”, which was hailed as a great source of news, but quit the blog a month later.

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WASHINGTON, October 27 (Reuters) – Former U.S. President Donald Trump cannot fight his Twitter suspension in a Florida federal court, but must instead abide by the company’s terms of service. social media and sue in California, according to a judge.

U.S. District Judge Robert Scola in Miami said in a written order late Tuesday that Trump is bound by a “forum choice clause” in Twitter Inc’s terms of service (TWTR.N). , which requires that certain lawsuits against the company be heard by a federal judge in the Northern District of California.

Trump lost his social media speaker this year after companies said he violated their policies against glorifying violence.

A mob of his supporters launched a deadly attack on the US Congress on January 6 after a speech by Trump repeated his false claims that he lost the election. His election was the result of widespread fraud, an assertion denied by many courts, state election officials, and his members. own administration.