From Reuters.com…
Former U.S. President Donald Trump’s social media venture said on Tuesday it has entered into a technology and cloud-services agreement with Canadian video platform Rumble Inc.
As part of the agreement, Rumble will deliver video and streaming for TRUTH Social, the proposed social media app from Trump.
Rumble was launched in 2013 by tech entrepreneur Chris Pavlovski as an alternative YouTube-style site, and is popular among U.S. conservatives seeking an alternative to Big Tech. Its top trending videos include those from conservative commentators Dan Bongino and Dinesh D’Souza, as well as former Trump White House strategist Steve Bannon. It is backed by venture capitalist Peter Thiel and author-turned-U.S. Senate candidate J.D. Vance through Narya Capital.
On Dec. 1 Rumble said it would go public by merging with blank-check firm CF Acquisition Corp VI (CFVI.O) at an initial enterprise value of $2.1 billion. The combined company will be called Rumble and is expected to list on the Nasdaq.
