BREAKING: Trump Makes Huge Move To Take Big Tech Heads On

BETHPAGE, NY - APRIL 06: U.S. Republican presidential candidate Donald Trump says "you are fired" as he speaks to supporters during a rally on April 6, 2016 in Bethpage, New York. Front-running Republican candidate Trump will address supporters on the heels of a potentially damaging loss in the Wisconsin primary. (Photo by VIEWpress/Corbis via Getty Images)

Former President Donald Trump has told friends he has hundreds of millions of dollars in backing for a new social media venture that would give him an online presence and protect conservatives from being shut down online.

Two sources familiar with discussions said investors included Silicon Valley figures motivated by fears of censorship and online “cancel culture.”

Details emerged as Trump began a new phase of his post-presidency, giving television interviews from his Florida base in the week after his Senate impeachment acquittal.

On Wednesday, he boasted about the millions of people who followed him on his now-shuttered Twitter and Facebook accounts and confirmed that he had considered buying a social media company.

“We’re negotiating with a number of people,” he told Newsmax TV. “There is also the option of building your own site because we have more people than anybody, so you can literally build your own site. But we were being really harassed on Twitter. They were putting up all sorts of flags, I guess they call them, they were flagging almost anything you said.”

Trump was banned from several social media platforms in the aftermath of the attack on the Capitol by some of his supporters. Twitter, of which Trump was a prolific user, said the president’s tweets posed the risk of further violence.

At the time, Trump said: “We have been negotiating with various other sites, and will have a big announcement soon, while we also look at the possibilities of building out our own platform in the near future.”

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