The Toronto-founded video platform is weighing a potential offer of 2.3 shares for each share in the German company, which specializes in AI cloud computing and data centres. If the deal goes through, Northern Data shareholders would have a 33.3 per cent stake in Rumble. (Reuters)
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The Toronto-founded video platform is weighing a potential offer of 2.3 shares for each share in the German company, which specializes in AI cloud computing and data centres. If the deal goes through, Northern Data shareholders would have a 33.3 per cent stake in Rumble. (Reuters)
Talking point: Founded in 2013, Rumble went public via a SPAC in December 2021 billing itself as a “neutral” video sharing platform. It overwhelmingly caters to conservatives and the right, according to a Pew Research Center study. The platform, which provides video services to the Trump Media & Technology Group, secured a US$775-million investment from cryptocurrency Tether in December.
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