Former US President Donald Trump’s social media company said on Tuesday it has entered into a cloud technology and services agreement with Canadian video platform Rumble Inc.
As part of the deal, Rumble will provide video and streaming for TRUTH Social, Trump’s proposed social media app.
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Rumble was started in 2013 by tech entrepreneur Chris Pavlovski as a YouTube-style alternative site, and is popular among American conservatives looking for a Big Tech alternative. His hottest videos include those of conservative commentators Dan Bongino and Dinesh D’Souza, as well as former Trump White House strategist Steve Bannon. He is backed by venture capitalist Peter Thiel and author-turned-candidate for the US Senate JD Vance via Narya Capital.
On December 1, Rumble announced that it would go public by merging with blank check company CF Acquisition Corp VI for an initial enterprise value of $ 2.1 billion. The combined company will be called Rumble and is expected to be listed on the Nasdaq.
Former Trump administration attorney Michael Ellis joined Rumble in November as the very first general counsel and secretary general.
The Trump Media and Technology Group announcement came hours after Rumble said it severed business ties with Tremor International and Unruly Group, companies that Rumble said tried to censor conservative figure Dan Bongino.
TMTG has provided few details on how it plans to build a social media platform, streaming service, news division and alternative cloud provider to compete with established players in these categories.
The company announced on December 6 that U.S. Representative Devin Nunes, the House Intelligence Committee’s top Republican, would step down from Congress to become CEO of the new company and take on that role in January.
Nunes has been a strong supporter of Trump, voting against certification of Democrat Joe Biden’s 2020 election victory over false allegations of Trump’s election fraud.
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