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Vivek Ramaswamy told BuzzFeed to change. It hasn't.
Business Insider· 2024-07-16 01:55
By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewHere's an update from Vivek Ramaswamy's attempt to take over, or at least influence, BuzzFeed: Nothing's ha ...
BuzzFeed's Turnaround: Loyal Users, AI Content, And Debt Reduction From Complex Networks Sale
Seeking Alpha· 2024-07-03 11:05
Stockernumber2 BuzzFeed, Inc. (NASDAQ:BZFD) is a digital media company known for its interesting blend of news, entertainment, lifestyle, and trendy content. The company’s products cater to diverse audiences in a global and multilingual market, leveraging various revenue streams, such as native advertising, e-commerce through affiliate marketing, subscriptions for premium content, and content licensing to other outlets. After a challenging 2023, BZFD’s investor letter highlights strategic moves like sel ...
3 Stocks to Buy Instead of DJT as Trump Media Keeps Falling
Investor Place· 2024-06-29 03:34
文章核心观点 - 特朗普媒体和科技公司(Trump Media & Technology)的股价在总统辩论后出现大涨,但随后又迅速下跌 [1] - 特朗普媒体和科技公司的运营表现并不理想,其社交媒体平台"真相社"(Truth Social)已失去吸引力,无法与主流社交媒体平台竞争 [2][3] - 相比之下,Rumble、BuzzFeed和Meta Platforms等公司可能是更好的投资选择,它们在社交媒体和内容领域有更好的发展前景 [4][8][14] 公司分析 Rumble - Rumble在总统辩论期间吸引了大量观众,其内容审核政策和广泛的用户群体是其优势 [4][5] - Rumble虽然还无法与YouTube等主导平台抗衡,但其用户数保持在5000万以上,财务表现也优于预期 [5][6] - Rumble还针对谷歌的广告行为提起了反垄断诉讼,这可能会为其带来更多关注度 [6] BuzzFeed - BuzzFeed过去曾面临多起争议,包括抄袭、广告影响力过大和政治立场问题,这些问题影响了其销售和盈利能力 [9][10] - 投资者拉马斯瓦米最近收购了BuzzFeed的大量股份,并与管层就提高股东价值展开讨论,包括可能进行裁员和调整编辑及业务策略 [10][11][13] - 拉马斯瓦米的投资反映了他希望打造更加独立、客观和优质的媒体内容的战略 [12] Meta Platforms - Meta正在调整自身定位,试图与消费者对言论自由和观点多元化的偏好保持一致 [14] - 尽管元宇宙业务进展缓慢,但虚拟现实作为未来数字交互的关键要素仍具有发展前景 [15] - Meta拥有庞大的广告主群体和稳定的广告收入,为其创新发展提供了坚实基础 [16]
Vivek Ramaswamy meets with BuzzFeed CEO amid push for board seats
Fox Business· 2024-06-25 05:36
文章核心观点 - 前2024年共和党总统候选人Vivek Ramaswamy正在与BuzzFeed高层就其提出的改变方案进行商谈 [1][2] - Ramaswamy是BuzzFeed的股东,最近与BuzzFeed CEO Jonah Perriti进行了一小时的虚拟会议,并计划在今年夏末或秋季再次面谈 [2] - Ramaswamy在上个月给BuzzFeed董事会写了一封7页长的信,敦促公司增加3名他审核过的董事,并调整商业模式以度过目前亏损的困境 [3] - 自2021年12月上市以来,BuzzFeed的市值从约15亿美元跌至不到1亿美元,但今年股价已经上涨了163%,这与Ramaswamy购买股份的消息相吻合,他现在是第二大A类股东,持股8.9% [4] 公司情况 - BuzzFeed自上市以来一直亏损,市值大幅缩水 [4] - Ramaswamy认为"BuzzFeed已经迷失了方向",呼吁公司进行重塑和重组,并专注于培养"真正的思想多元化,无论是在基层还是领导层" [5] 董事会提名 - Ramaswamy提名的3名新董事中,有2人(Chris Balfe和播客Patrick Bet-David)参加了与BuzzFeed CEO的虚拟会议 [6] - 第3名提名人OutKick创始人Clay Travis未参加会议,但已被告知会议情况 [6] - 这3人都是保守派媒体界的资深人士 [6]
Vivek Ramaswamy Just Upped His Bet on BuzzFeed (BZFD) Stock
Investor Place· 2024-06-24 23:27
Last month, former 2024 presidential candidate Vivek Ramaswamy disclosed a 7.7% stake in Buzzfeed (NASDAQ:BZFD) stock, equivalent to 2.72 million shares.At the time, Ramaswamy stated that he believed BZFD stock was undervalued and that he wanted to engage in communications with the company’s board and executives in order to maximize shareholder value. On May 26, Ramaswamy penned a letter to Buzzfeed’s board revealing that he had increased his stake to 8.37%, cementing him as the second-largest Class A share ...
3 Penny Stocks to Buy for Gangbuster Potential Returns
Investor Place· 2024-06-13 03:32
Tijuana… you don’t wanna. Those were the words of my college campus security officer and that’s the attitude investors should take regarding penny stocks. I know – it’s not exactly a ringing endorsement and that’s because it’s not. This sector is extremely risky due to the unpredictable nature of the space.Nevertheless, speculation is in the human bloodstream. Generation after generation will continue to put at least some capital behind penny stocks. That being the case, investors that are already committed ...
Vivek Ramaswamy reportedly moots overhaul for BuzzFeed
proactiveinvestors.com· 2024-05-29 18:32
About this content About Ian Lyall Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive's editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces of real-time news, feature articles, and filmed interviews annually. Prior to Proactive, Ian helped lead the business outpu ...
Vivek Ramaswamy Takes BuzzFeed (BZFD) Higher Again
investorplace.com· 2024-05-29 02:56
BuzzFeed (NASDAQ:BZFD) is among the media stocks that have come back to life in recent months. Indeed, shares of BZFD stock have surged from a low of less than 70 cents earlier this year to around the $3 level today. This move now puts shares above where they were exactly one year ago, something many investors didn’t think would be possible.Much of this recent rally has to do with shareholder activism from the likes of former presidential candidate Vivek Ramaswamy. The conservative leader, who has given up ...
New BuzzFeed Investor Vivek Ramaswamy Asks For Big Changes & Apology
deadline.com· 2024-05-28 23:34
Vivek Ramaswamy, who disclosed a big stake in BuzzFeed last week, sent a letter to the online publisher's board of directors asking for major changes from staffing and focus to the board makeup as well as an apology for previous reporting. CEO Jonah Peretti declined the mea culpa but agreed to meet with the former Republican presidential primary candidate and Donald Trump surrogate, whom he said has some "fundamental misunderstandings" of the company's business. "Hey Vivek – Thanks for reaching out, nice to ...
Vivek Ramaswamy targets BuzzFeed: Read his full letter here
foxbusiness.com· 2024-05-28 18:41
Former Republican presidential candidate Vivek Ramaswamy is pushing for major change at troubled news outlet BuzzFeed and has been quietly acquiring shares in the company, catapulting him to the second-largest Class A shareholder with an 8.37% stake. In a letter to BuzzFeed's board of directors, reviewed by FOX Business, the entrepreneur and investor lays out his vision to rescue the media brand.Ticker Security Last Change Change % BZFD BUZZFEED 2.80 +0.16 +6.06% READ THE FULL LETTER HERE: While shares of ...