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8-K: Current report

SEC ·  Nov 15, 2024 05:17

Summary by Futu AI

Trump Media & Technology Group announced the completion of its nationwide data center network deployment for its custom-built content delivery network (CDN), with all planned facilities now fully operational. The CDN serves as the technological foundation for the company's Truth+ TV streaming platform.The platform currently offers features including video on demand, live TV rewind, 7-day catch-up TV, network DVR, and Spanish language interface. It is accessible via web browsers and native apps for Android, iOS, Amazon Fire, and Apple TV. TMTG plans to expand to Samsung, LG, and Roku platforms while developing uncancellable advertising and payment systems.CEO Devin Nunes highlighted the achievement, noting TMTG's strong financial position with nearly $700 million in cash and no debt. The company's custom-designed multi-site CDN, utilizing proprietary servers, routers, and software stack, aims to create an "uncancellable" streaming service independent from Big Tech influence.
Trump Media & Technology Group announced the completion of its nationwide data center network deployment for its custom-built content delivery network (CDN), with all planned facilities now fully operational. The CDN serves as the technological foundation for the company's Truth+ TV streaming platform.The platform currently offers features including video on demand, live TV rewind, 7-day catch-up TV, network DVR, and Spanish language interface. It is accessible via web browsers and native apps for Android, iOS, Amazon Fire, and Apple TV. TMTG plans to expand to Samsung, LG, and Roku platforms while developing uncancellable advertising and payment systems.CEO Devin Nunes highlighted the achievement, noting TMTG's strong financial position with nearly $700 million in cash and no debt. The company's custom-designed multi-site CDN, utilizing proprietary servers, routers, and software stack, aims to create an "uncancellable" streaming service independent from Big Tech influence.

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