International
Former GOP Republican Presidential Candidate Buys Activist Stake In Left-Wing Outlet
From the Daily Caller News Foundation
By JASON COHEN
Former Republican presidential candidate and businessman Vivek Ramaswamy purchased an activist stake in BuzzFeed, according to a May Securities and Exchange Commission filing.
Ramaswamy purchased a 7.7% stake consisting of 2.7 million shares between March 14 and May 21 at costs ranging from $1.47 to $2.51 per share, according to the filing. The businessman asserted in the filing that he feels the company’s shares are “undervalued and represent an attractive investment opportunity.”
The New York Times vehemently claims that the noncitizen voting problem is a “false narrative.” If it’s such a non-issue, it’s interesting that they’re so staunchly opposed to a bill that bans it. pic.twitter.com/o40FK6sU05
— Vivek Ramaswamy (@VivekGRamaswamy) May 22, 2024
Ramaswamy “will seek to engage in a dialogue with the Issuer’s Board of Directors (the “Board”) and/or management about numerous operational and strategic opportunities to maximize shareholder value, including a shift in the Company’s strategy,” according to the filing.
Buzzfeed has been laying off employees since late 2022 as it has struggled with digital advertising, according to The Associated Press. The company closed down its BuzzFeed News in early 2023.
The company also recently reported a loss of $35.7 million in the first quarter of 2024 as advertising revenue plunged 22%, according to the AP.
“It’s an interesting bet,” an individual who is close to Ramaswamy told Mediaite. “Vivek, the anti-woke warrior, buying a material stake in one of America’s most woke media entities would signal to this long time investor that he intends to make it a free speech platform … If he turns it around financially, he would have serious street cred for another conservative political move.”
Ramaswamy in January suspended his presidential campaign and endorsed former President Donald Trump as the 2024 Republican nominee. The businessman also recently visited Trump at the New York courthouse where he is currently on trial.
“The most remarkable part was the one thing you get from being in that courtroom is a sense of the depressing atmosphere, which matches the depressing nature of what’s happening in there. It’s sort of like a concrete poem for the decline of America, actually. You get like a third-world visual, atmospheric courtroom, open wires sticking out, temperature regulation nonexistent, stuffy air a thick scent. And in the same place is happening. It’s not just third-world atmospherics, but a third-world proceeding,” Ramaswamy told the Daily Caller.
Online news outlet The Messenger shut down in January after less than a year of operations; the outlet started out with $50 million in May 2023, but it was hemorrhaging tens of millions of dollars while only taking in about $3 million in revenue last year. The Washington Post planned to eliminate roughly 240 jobs as of December 2023 amid its financial struggles and NPR has similarly been laying off workers since 2022.
BuzzFeed and Ramaswamy did not immediately respond to the Daily Caller News Foundation’s request for comment.
MxM News
Quick Hit:
Hamas paraded the caskets of Israeli hostages, including what they claimed were the bodies of a mother and two young children, through the streets of Gaza before handing them over to the Red Cross. Videos show crowds cheering as armed terrorists carried the coffins as part of a prisoner exchange with Israel.
Key Details:
- Videos from Khan Younis, Gaza, show Hamas and other terrorists parading four caskets, including those of two young children, before handing them to the Red Cross.
- Crowds cheered as the terrorists, armed and unmasked, carried the coffins, with celebratory music playing in the background.
- The deceased were identified as members of the Bibas family, including the youngest hostages from the October 7 attack.
ANIMALS: Hamas paraded the bodies of murdered Israeli babies in coffins while blasting loud music during their celebration today when they handed the bodies over to the Red Cross. pic.twitter.com/CoTV5Rzep7
— Breaking911 (@Breaking911) February 20, 2025
Diving Deeper:
During a ceremony in Khan Younis, Gaza, Hamas paraded the caskets of Israeli hostages through the streets, including what they claimed were the bodies of a mother and her two small children. The display occurred before the remains were handed over to the Red Cross as part of a prisoner exchange agreement with Israel. Crowds of Gazans were seen cheering and celebrating as the coffins were carried by armed terrorists.
Videos from the event show masked militants loading a casket into a Red Cross aid truck, while another militant, adorned with symbols of Palestinian Islamic Jihad, filmed the procession. Another video shows adults and children waving and celebrating as Hamas fighters, armed and in trucks, paraded through the streets. Reuters footage also captured members of the Popular Front for the Liberation of Palestine (PLFP) helping carry a casket, highlighting the involvement of multiple terrorist factions in the display.
Hamas presented the bodies as those of the Bibas family, who were captured during the October 7 attack. The children, aged four years and less than one year, were among the youngest hostages taken during the brutal assault that triggered the ongoing 15-month conflict. The fourth body was identified as 83-year-old Oded Lifshitz, according to Jewish News Syndicate. Hamas has repeatedly blamed the deaths on Israeli airstrikes, though no evidence was provided to support the claim.
Israel and Hamas are currently observing a temporary ceasefire agreement, facilitating the exchange of civilian hostages for Palestinian prisoners. Despite the ceasefire, Hamas has continued to celebrate the October 7 attacks, which resulted in the largest mass killing of Jewish people since the Holocaust. During the ceremony, a stage displayed a poster depicting Israel as a “Nazi Army,” underscoring Hamas’s longstanding agenda of hostility towards the Jewish state.
The shocking parade of caskets, accompanied by celebratory music and cheering crowds, has drawn international condemnation and further underscored the brutal nature of Hamas’s actions. As the exchange process continues, the emotional toll on the families of the victims remains immeasurable.
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