International
Former GOP Republican Presidential Candidate Buys Activist Stake In Left-Wing Outlet
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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.
Daily Caller
NEWT GINGRICH: Europe’s Elites Were Finally Told To Take A Look In The Mirror
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From the Daily Caller News Foundation
By Newt Gingrich
In an amazing show of courage, Vice President J.D. Vance offered an intervention for some of our European allies.
That is the best way to think of the two historic speeches he made in France and Germany last week.
In Paris, Vice President Vance pledged the United States would do whatever it takes to lead the world in the development of Artificial Intelligence. He went on to assert that Europe’s automatic response to regulate technological change rather than adapt to it was doomed to fail.
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Vance warned the Europeans that the Trump administration would retaliate to protect American high-tech companies from being fined and regulated by the European community.
Then, Vance went to the Munich Security Conference. It is the annual meeting of European leaders concerned about defense and threats to peace. The Vice President shocked the Europeans by launching a frontal assault on the decay of their political system.
As Vance put it:
“But while the Trump administration is very concerned with European security and believes that we can come to a reasonable settlement between Russia and Ukraine, and we also believe that it’s important in the coming years for Europe to step up in a big way to provide for its own defense, the threat that I worry the most about vis-à-vis Europe is not Russia, it’s not China, it’s not any other external actor. And what I worry about is the threat from within, the retreat of Europe from some of its most fundamental values — values shared with the United States of America.”
He then went through a litany of specific complaints about the behavior of different European countries. They ranged from failing to control immigration, suppressing free speech, and Brussels seeking to control and define futures of independent countries such as Hungary and Romania.
The leading French newspaper, Le Monde (their equivalent of the New York Times) asserted that the American Vice President was declaring “ideological war on Europe.”
Le Monde was right. The European elites have been decaying for at least two generations. They hide behind their privileged status and take ideological positions that feel good but are destructive. Europe’s failures are devastating for most everyday Europeans.
I have personal knowledge about this. I have a Ph.D. in Modern European History – and I have lived in France, Germany, Belgium and Italy. As a young Army dependent, we were living in France when the French Army came back from Algeria, killed the French Fourth Republic and brought back General Charles de Gaulle to establish the Fifth Republic.
It is now the longest serving non-royal government in French history.
The European elites value each other’s opinions more than they value serving the people of Europe. The European elites live in a fantasy world of green policies that destroy industries and jobs, welfare policies which destroy the work ethic, and immigration policies which undermine the popular culture. They simply hope for a peaceful world without a strong military.
Meanwhile, state enforced speech codes protect Islamic extremists at the expense of local citizens.
The result has been a steady decline of European culture, economic development, and defensive capacity.
The Afghan Islamist who wounded more than two dozen people and killed a mother and her two-year-old daughter with a car two days before the supposed security conference signals the willful avoidance of reality at the heart of the elite European worldview.
To be clear, I admire European civilization. I believe America is far stronger and safer if Europe is healthy and capable of growing and defending itself.
I hope vice president Vance’s intervention at least starts European elites thinking about what must be done to revive their continent.
For more commentary from Newt Gingrich, visit Gingrich360.com. Also subscribe to the Newt’s World podcast.
Daily Caller
Kash Patel First Statement As FBI Director, Tells Media ‘Bring It On’
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From the Daily Caller News Foundation
By Mariane Angela
FBI Director Kash Patel made his first statement as director after he was sworn in Friday, with a challenge to the media and a promise of sweeping reforms within the bureau.
Patel began his speech by expressing gratitude towards his supporters, then transitioned into a detailed breakdown of his upcoming plans for the FBI. He also turned to the press and directed any criticisms towards himself to protect his team from the media’s scrutiny.
“I know the media is in here, and if you have a target, that target is right here. It is not the men and women at the FBI. And everything you possibly can [say] about me that’s fake, malicious, slanderous, and defamatory, keep it coming, bring it on, but leave the men and women of the FBI out of it,” Patel said.
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“I promise you the following: There will be accountability within the FBI and outside of the FBI. And we will do it through rigorous constitutional oversight starting this weekend.”
JUST IN: FBI Director Kash Patel makes first statement as FBI director, says accountability is coming to the FBI *this weekend.*
🔥🔥
“I know the media’s in here. And if you have a target, that target’s right here. It’s not the men and women at the FBI.”
“You’ve written… pic.twitter.com/nwBUjQXAel
— Collin Rugg (@CollinRugg) February 21, 2025
With Attorney General Pam Bondi by his side, Patel said the public can expect a fair and just system under their leadership.
“For those of you who think that there’s going to be a two-tier system of justice, not with Attorney General Bondi, there’s a singular system of justice for all Americans, and there will be accountability,” Patel added. “The reason that this mission is so important is simply the following: 100,000 people last year raped [and] 100,000 people died of CCP fentanyl overdose in heroin [and] 17,000 homicides. Violent crime is out of control.”
Patel was confirmed as President Donald Trump’s new FBI director on Thursday afternoon. The Senate approved his nomination with a close vote of 51-49, despite Democratic lawmakers’ attempts to postpone the confirmation.
Patel, previously the chief of staff to the secretary of Defense during Trump’s first term, gained notoriety for his criticism of the Mueller investigation into alleged Russian interference in the 2016 election. The newly confirmed FBI director also criticized the misuse of surveillance powers, advocating for the establishment of a “24/7 declassification office.”
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