Right wing builds its own echo chamber
Conservatives are aggressively building their own apps, phones, cryptocurrencies and publishing houses in an attempt to circumvent what they see as an increasingly liberal internet and media ecosystem.
Why it matters: Many of these efforts couldn't exist without the backing of major corporate figures and billionaires who are eager to push back against things like "censorship" and "cancel culture."
It's still not clear whether demand will match supply.
Driving the news: Rumble, a conservative alternative to YouTube, agreed to go public at an implied $2.1 billion valuation via a SPAC merger.
The SPAC is sponsored by Cantor Fitzgerald, a financial services firm led by billionaire and Trump fundraiser Howard Lutnick.