Rumble stock increased 14% due to plans for a new cloud computing service and potential TikTok acquisition.
Rumble stock surged 14% after announcing a new cloud computing service and expressing interest in acquiring TikTok. The company, which prides itself on being a censorship-free alternative to platforms like YouTube, sees the market opportunity in both products. Rumble CEO Chris Pavlovski took to social media to share the company's desire to acquire TikTok from ByteDance, given the possibility of a US ban on the app.
March 12, 2024
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