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Rumble Set to Acquire Northern Data in Cloud Power Play with Tether

TLDR Rumble is moving forward with an all-share offer to acquire Northern Data at a valuation below its market cap. The revised offer will provide Northern Data shareholders with fewer Rumble shares than initially proposed. Tether Holdings, a major financial backer, will forgo a portion of a €575 million loan to Northern Data as part [.] The post Rumble Set to Acquire Northern Data in Cloud Power Play with Tether appeared first on CoinCentral.

general

China Purges Military – Loyalty in Question

President Xi Jinping has grown suspicious of his People’s Liberation Army (PLA). Nine senior generals, including CMC Vice-Chair He Weidong and Rocket Force commander Wang Houbin, were dismissed from their positions. The military has never seen such an intense campaign to eliminate corruption and consolidate power. The precise nature of Xi’s suspicions are unknown, but [.].