Former Republican presidential candidate and biotech entrepreneur Vivek Ramaswamy has purchased a minority stake in Buzzfeed, the digital publishing company that shut down its media outlet last year. Shares of the company skyrocketed more than 50% before the market open on Wednesday. Ramaswamy acquired a 7.7% stake in Buzzfeed, according to a filing with the Securities and Exchange Commission late Tuesday. Ramaswamy said in the filing that he believes Buzzfeed's stock is undervalued. He is looking to speak with the company's board and management. Buzzfeed has struggled to prop up sales since it went public in 2021. In late 2022 job cuts began rolling out with the company citing a poor digital advertising environment, then early last year announced that it was shutting down its Pulitzer Prize winning digital media outlet BuzzFeed News. The corporate parent's co-founder and CEO Jonah Peretti said in a memo to staff at the time that in addition to the news division, layoffs would tak
Biopic gets eight-minute standing ovation in French Riviera town, angers former US president
President Joe Biden and his Republican rival, Donald Trump, piled up more delegates on Tuesday as both presumptive nominees won primaries in Kentucky and Oregon. The symbolic decisions provide a few more delegates to the national conventions and a gut check on where the Democratic and Republican bases stand toward their standard-bearers as the presidential nominating season nears its end. Even after they secured the nominations and their rivals dropped out, Biden and Trump have continued facing dissent from within their own parties. Biden has faced protest votes over his handling of the Israel-Hamas war while Trump is still seeing thousands of people voting for long-vanquished rival Nikki Haley. That trend continued on Tuesday in Kentucky with about 18 per cent of the Democratic vote going to uncommitted with roughly 80 per cent of the vote counted. In the GOP race, Haley was winning about 6 per cent. After Tuesday, eight presidential nominating contests will remain: Democrats in
Donald Trump's hush money trial moved into a new phase Tuesday, drawing closer to the moment when the jury will begin deciding his fate after testimony concluded without the former president taking the stand in his own defense. Your honor, the defense rests, Trump lawyer Todd Blanche told the judge. Trump's team ended with a former federal prosecutor who was called to attack the credibility of the prosecution's key witness, one of two people summoned to the stand by the defense. The Manhattan district attorney's office called 20 witnesses over 15 days of testimony before resting its case Monday. The jury was sent home for a week, until May 28, when closing arguments are expected, but the attorneys returned to the courtroom to debate how the judge will instruct jurors on deliberations, a sort of road map meant to help them apply the law to the evidence and testimony. The two sides haggled over word choices, legal phrases and how to describe various campaign-related issues. Trump, the
Donald Trump 's presidential campaign said Tuesday it would begin accepting donations in cryptocurrency as part of an effort to build what it calls a crypto army leading up to Election Day. The Trump campaign launched a fundraising page that allows any federally permissible donor the ability to give" to its political committees using any crypto asset accepted through the Coinbase cryptocurrency exchange. The announcement promotes Trump's message that he is a crypto-friendly candidate, and also appeals to a core group of young male voters who are increasingly likely to dabble in digital assets. It came as Trump's defense rested in his hush money case in New York. Cryptocurrencies are a digital asset that can be traded over the internet without relying on the global banking system. Trump's campaign is accepting a range of popular cryptocurrencies that include Bitcoin, Ether and US Dollar Coin, and also include the low-value coins that tend to be popular with Internet personalities li
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A defence witness in Donald Trump's hush money case whom the judge threatened to remove from the trial over his behaviour will return to the stand on Tuesday as the trial nears its end. Trump's lawyers are hoping Robert Costello's testimony will help undermine the credibility of a key prosecution witness, Trump fixer-turned-foe Michael Cohen. But Costello angered Judge Juan Merchan on Monday by making comments under his breath, rolling his eyes and calling the whole exercise ridiculous", prompting the judge to briefly kick reporters out of the courtroom to admonish him. The judge told Costello, a former federal prosecutor, he was being contemptuous", adding, If you try to stare me down one more time, I will remove you from the stand", according to a court transcript. Costello didn't immediately respond to a request for comment on Monday from The Associated Press. The chaotic scene unfolded after prosecutors rested their case accusing Trump of falsifying business records as part of
Trump's fundraising boost comes on the heels of attending several high-dollar fundraisers, including a Palm Beach event hosted by billionaire John Paulson
Trump, in office from 2017-2021, has secured enough delegates to clinch the Republican nomination, setting up the first presidential rematch in nearly 70 years
Donald Trump's hush money trial entered its final stretch as the prosecution's star witness Michael Cohen returned to the stand Monday. In his testimony last week, Cohen placed the former president directly at the center of the alleged scheme to stifle negative stories to fend off damage to his White House bid. Among other things, Cohen told jurors that Trump promised to reimburse him for the money he fronted and was constantly updated about efforts to silence women who alleged sexual encounters with him. Trump denies the women's claims. Defense attorneys resumed cross-examination of Cohen with a series of questions about his business dealings and other activities in the lead-up to the payment to porn actor Stormy Daniels. They further dug into Cohen's sources of income in the years since Trump originally took office, as well as income he has earned criticizing the former president. Prosecutors have said they will rest their case once Cohen's testimony concludes, though they could .
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Donald Trump's hush money trial is heading into the final stretch, with prosecutors' last and star witness back on the stand Monday for more grilling before the former president's lawyers get their chance to put on a case. The landmark trial will kick back off in Manhattan with more defence cross-examination of former Trump attorney Michael Cohen, whose pivotal testimony last week directly tied Trump to the alleged hush money scheme. He's the last prosecution witness and it's not yet clear whether Trump's attorneys will call any witnesses, let alone the presumptive Republican presidential nominee himself. Defence lawyers already have questioned Cohen for hours about his criminal history and past lies to paint him as a serial fabulist who is on a revenge campaign aimed at taking down Trump. After more than four weeks of testimony about sex, money, tabloid machinations and the details of Trump's company recordkeeping, jurors could begin deliberating as soon as this week to decide ...
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Donald Trump's lawyers accused the prosecution's star witness in his hush money trial of lying to jurors, portraying Trump fixer-turned-foe Michael Cohen on Thursday as a serial fabulist who is bent on seeing the presumptive Republican presidential nominee behind bars. As Trump looked on, defence attorney Todd Blanche pressed Cohen for hours with questions that focused as much on his misdeeds as on the case's specific allegations and tried to sow doubt in jurors' minds about Cohen's crucial testimony implicating the former president. Blanche's voice rose as he interrogated Cohen with phone records and text messages over Cohen's claim that he spoke by phone to Trump about the hush money payment to porn actor Stormy Daniels that is at the heart of the case, days before wiring her lawyer $130,000. Blanche said that was a lie, confronting Cohen with texts indicating that what was on his mind, at least initially, during the phone call were harassing calls he was getting from an apparent
This election cycle will really influence the pace of energy investment, both in the next five years and through 2050
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Donald Trump is seeking to have New York's highest court intervene in his fight over a gag order that has seen him fined USD 10,000 and threatened with jail for violating a ban on commenting about witnesses, jurors and others connected to his hush money criminal trial. The former president's lawyers filed a notice of appeal on Wednesday, a day after the state's mid-level appellate court refused his request to lift or modify the restrictions. The filing was listed on a court docket, but the document itself was sealed and not available. Trump presidential campaign spokesperson Steven Cheung said it's a request for the state's Court of Appeals to take up the matter. President Trump has filed a notice to appeal the unconstitutional and un-American gag order imposed by conflicted Judge Juan Merchan in the lawless Manhattan DA case," Cheung said in a statement. "The threat to throw the 45th President of the United States and the leading candidate in the 2024 presidential election in jail
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It wasn't until after a decade in the fold, after his family pleaded with him, after the FBI raided his office, apartment and hotel room, Michael Cohen testified Tuesday, that he finally decided to turn on Donald Trump. The complicated break led to a 2018 guilty plea to federal charges involving a payment to the porn actor Stormy Daniels to bury her story of an alleged sexual encounter with Trump and to other, unrelated crimes. And it's that insider knowledge of shady deals that pushed Manhattan prosecutors to make Cohen the star witness in their case against Trump about that same payment, which they say was an illegal effort to influence the 2016 presidential election. To keep the loyalty and to do the things that he had asked me to do, I violated my moral compass, and I suffered the penalty, as has my family, Cohen testified Tuesday. But defence attorneys sought to portray Cohen as motivated by vengeance on his former boss, confronting him on the witness stand with his own profan
Hunter Biden's federal gun case will go to trial next month, a judge said Tuesday, denying a bid by lawyers for the president's son to delay the prosecution. U.S. District Judge Maryellen Noreika rejected Hunter Biden's request to push the trial until September, which the defense said was necessary to give the defense time to line up witnesses and go through evidence handed over by prosecutors. President Joe Biden's son is accused of lying about his drug use in October 2018 on a form to buy a gun that he kept for about 11 days. Hunter Biden, who has pleaded not guilty, has acknowledged struggling with an addiction to crack cocaine during that period in 2018, but his lawyers have said he didn't break the law. His attorneys have argued that prosecutors bowed to pressure by Republicans, who claimed the Democratic president's son was initially given a sweetheart deal, and that he was indicted because of political pressure. But the judge overseeing the case last month rejected his clai