(Rumble) Shares of Digital World Acquisition Corp. rose more than 9% on Friday after Donald Trump’s social media platform, Truth Social, migrated to the cloud through Rumble.
Rumble said that Trump Media &Technology Group, the company behind Truth Social, moved its website and mobile applications to the video platform’s cloud infrastructure.
The video platform said that the migration will allow Truth Social to scale significantly on a cancel-culture-free cloud platform.
Rumble CEO Chris Pavlovski said that the company is excited to welcome one of the fastest-growing social media entities. The migration marked the first significant client onboard Rumble’s cloud services business.
Devin Nunes, TMTG’s CEO, lauded the move as a significant step towards “rescuing the internet from the grip of the Big Tech tyrants.”
DWAC: NASDAQ is up +9.38%
