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Rumble considers near $1.2 billion offer for German AI cloud group Northern Data
Rumble considers near $1.2 billion offer for German AI cloud group Northern Data

Yahoo

time11-08-2025

  • Business
  • Yahoo

Rumble considers near $1.2 billion offer for German AI cloud group Northern Data

(Reuters) -U.S.-listed video platform Rumble is considering a potential offer of about $1.17 billion (1 billion euro) for German AI cloud group Northern Data AG, according to separate statements from the companies and Reuters calculations. Rumble, also a cloud services provider, said a deal would integrate Northern Data's data center business and GPU cloud business with a significant number of Nvidia GPUs, into Rumble's existing operations. Rumble is considering offering 2.319 shares for each Northern Data share, both companies said. The exchange values Northern Data at about $18.3 per share (about 15.69 euros per share), based on Reuters calculations. This is at a discount of about 32% to the German company's last close. Rumble said its proposed offer assumes Northern Data's Peak Mining unit will be divested prior to the completion of the deal. Tether, the majority shareholder of Northern Data, has expressed support for the transaction, according to the statements. However, the companies said there is no certainty that the discussions will eventually result in a formal offer for the German group. (1 euro = $1.1664)

Rumble considers near $1.2 billion offer for German AI cloud group Northern Data
Rumble considers near $1.2 billion offer for German AI cloud group Northern Data

CNA

time11-08-2025

  • Business
  • CNA

Rumble considers near $1.2 billion offer for German AI cloud group Northern Data

U.S.-listed video platform Rumble is considering a potential offer of about $1.17 billion (1 billion euro) for German AI cloud group Northern Data AG, according to separate statements from the companies and Reuters calculations. Rumble, also a cloud services provider, said a deal would integrate Northern Data's data center business and GPU cloud business with a significant number of Nvidia GPUs, into Rumble's existing operations. Rumble is considering offering 2.319 shares for each Northern Data share, both companies said. The exchange values Northern Data at about $18.3 per share (about 15.69 euros per share), based on Reuters calculations. This is at a discount of about 32 per cent to the German company's last close. Rumble said its proposed offer assumes Northern Data's Peak Mining unit will be divested prior to the completion of the deal. Tether, the majority shareholder of Northern Data, has expressed support for the transaction, according to the statements. However, the companies said there is no certainty that the discussions will eventually result in a formal offer for the German group. (1 euro = $1.1664)

Rumble considers near $1.2 billion offer for German AI cloud group Northern Data
Rumble considers near $1.2 billion offer for German AI cloud group Northern Data

Yahoo

time11-08-2025

  • Business
  • Yahoo

Rumble considers near $1.2 billion offer for German AI cloud group Northern Data

(Reuters) -U.S.-listed video platform Rumble is considering a potential offer of about $1.17 billion (1 billion euro) for German AI cloud group Northern Data AG, according to separate statements from the companies and Reuters calculations. Rumble, also a cloud services provider, said a deal would integrate Northern Data's data center business and GPU cloud business with a significant number of Nvidia GPUs, into Rumble's existing operations. Rumble is considering offering 2.319 shares for each Northern Data share, both companies said. The exchange values Northern Data at about $18.3 per share (about 15.69 euros per share), based on Reuters calculations. This is at a discount of about 32% to the German company's last close. Rumble said its proposed offer assumes Northern Data's Peak Mining unit will be divested prior to the completion of the deal. Tether, the majority shareholder of Northern Data, has expressed support for the transaction, according to the statements. However, the companies said there is no certainty that the discussions will eventually result in a formal offer for the German group. (1 euro = $1.1664)

I watch YouTube now, admits Ofcom boss who called it a ‘parasite'
I watch YouTube now, admits Ofcom boss who called it a ‘parasite'

Telegraph

time10-08-2025

  • Entertainment
  • Telegraph

I watch YouTube now, admits Ofcom boss who called it a ‘parasite'

Lord Grade, who once criticised YouTube as a 'parasite', has revealed he now uses it himself to watch videos on his phone. The veteran broadcasting boss, now the chair of Ofcom, considered the video platform his arch nemesis when he was in charge of ITV in 2008. But the 82-year-old says he is now reconciled to the Google-owned service, which he says has established itself 'in a major way'. He is among a growing number of older converts to YouTube, and told the Sunday Times he uses it to watch comedy and videos about sailing. It was a clip of Susan Boyle's dramatic debut on ITV's Britain's Got Talent that attracted 300 million YouTube views – without the broadcaster's consent, or ability to monetise the audience – that provoked him to brand YouTube a 'parasite'. 'They just live off our content is what they do,' he said at the time. 'We didn't make a ha'penny out of it,' he told the Sunday Times, adding that a Google executive told him the video could be removed but he said it was too late. 'So if I go to Harrods and steal a Cartier watch, they ring up and say they want it back, and I give it back, it's not stealing?' Now, he says, the platform has 'grown up' and shares its revenues with the content-makers more fairly. He described it as 'just an Eddie Stobart lorry, with lots of goods on it that people put on and other people want to pay for at the other end'. A new report from Ofcom, which describes public service broadcasters as an 'endangered species', reveals that YouTube was the second most watched TV service in the UK last year, behind only the BBC, and ahead of ITV. Overall, viewers spent an average of 39 minutes a day on YouTube in 2024. And among children it is the main TV of choice, with one in five viewers aged four to 15 turning straight to the platform last year. Netflix was close behind, and the young were just as likely to watch BBC iPlayer as BBC One. Broadcasters including Channel 4 and ITV have struck deals with YouTube to stream content in exchange for a greater share of advertising revenue as a result of the change in watching habits. The firm claims its 'ecosystem' of sharing its revenues with UK creators adds around £2bn to the economy each year. Lord Grade said: 'The business model has developed quite a bit now – they're much better at sharing revenues. It's a much healthier relationship these days. They've grown up.' He is also not surprised that young people are snubbing the plethora of streaming services and TV options available to them in favour of YouTube. 'The thing one's learnt at a great age is to never be surprised by technology,' he said. 'Look, the broadcasters have got to learn to work a lot harder to get the attention of the viewers. Regulation can't make you watch something you don't want to watch… 'They've got to find ways to encapsulate those cultural values in ways that are appealing enough for people to want to watch.'

YouTube is testing a new feature you'll either love or hate
YouTube is testing a new feature you'll either love or hate

Phone Arena

time23-07-2025

  • Phone Arena

YouTube is testing a new feature you'll either love or hate

YouTube, the world's biggest video platform with over 2.5 billion monthly users, is always cooking up new tools and experiments – especially for those who pay for Premium. One of the latest changes being tested? A revamped comment section that brings more structure to replies. Earlier this year, YouTube quietly rolled out a threaded comment UI for a small test group on Android and iOS. Now, that experiment is getting a wider rollout – but only to Premium users. With this layout, replies are grouped under the original comment, and replies to those replies are nested even further – basically, it's Reddit-style threading. So, if you are part of the test, you'll start seeing conversations in a more organized way. Comments and replies now stack clearly, making it easier to follow who's saying what without the usual chaos of guessing which comment someone was responding to. It definitely adds more clarity – although, as with any change, not everyone will be thrilled. If you are Premium user, you can try the new feature for a limited time. | Image credit – YouTube But hey, this is still an experimental feature and YouTube says it'll stick around only until August 14 unless feedback pushes it toward a permanent rollout. So, if you're a YouTube Premium user and want to weigh in on whether this system is actually helpful (or just extra noise), now's the time to do it. If you open the app, you might see a prompt to turn the feature on—just like I did. | Image by PhoneArena From personal experience, the new layout definitely adds more clarity to conversations. You don't have to play detective to figure out which reply belongs to which comment anymore, which helps avoid confusion (and sometimes arguments) in the comments section. A simple tap on the 'X replies' button under a comment shows the threaded replies in the new 'Replies' panel. | Images by PhoneArena

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