Rumble sues Google for lost ad revenue, Axios reports
May 13, 2024 at 06:14 pm EDT
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WASHINGTON, May 13 (Reuters) - Rumble has sued
Google and parent company Alphabet, arguing it's owed
more than $1 billion in damages for lost ad revenue and
hampering Rumble's ability to compete as an ad tech competitor,
Axios reported on Monday.
(Reporting by Costas Pitas and Eric Beech)
Rumble Inc. is a video sharing platform and cloud services provider. The Company comprises two segments: Rumble Services and Rumble Cloud. Rumble Services consists of three core businesses: Rumble Video, Rumble Studio, and Rumble Advertising Center (RAC). Rumble Video is enabled primarily through its flagship product, Rumble.com, a free-to-use video sharing and livestreaming platform on which users can watch, share, like, comment, and upload videos. Using Rumble Studio, creators can establish a variety of custom settings for their livestream, set up, go-live and control their livestream across multiple social platforms. Rumble Advertising Center is its proprietary advertising marketplace and network designed to facilitate transactions for advertisers seeking to access Rumble.com traffic and traffic from other publishers on the RAC network. Rumble Cloud is an infrastructure as a service (IaaS) offering consisting of a portfolio of compute, storage, security, and networking offerings.
RUMBLE INC. 
