Media
Birx: Media 'very slicey and dicey' with coronavirus headlines | TheHill – The Hill
Deborah Birx said late Saturday that news outlets have been very “slicey and dicey” in crafting headlines regarding the coronavirus pandemic, adding that the press has a responsibility to write them to reflect “the science and the data” that is included lower in articles.
“I think the media is very slicey and dicey about how they put sentences together in order to create headlines. …We know for millennials in other studies that some people may only read the headlines. And if there’s not a graphic, they’re not going to look any further than that,” Birx, the White House coronavirus task force response coordinator, said on Fox News’s “Watters World” when asked if the media has been fair in its coverage.
“And I think we have to be responsible about our headlines. I think often, the reporting maybe accurate in paragraph three, four, and five. But I’m not sure how many people actually get to paragraph three, four, and five,” she added.
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“And I think the responsibility that the press has is to really ensure that the headlines reflect the science and data that is in their piece itself.”
Her comments come after President TrumpDonald John TrumpWH officials discuss HHS secretary replacement following criticism of pandemic response: WSJ Pentagon leaders at impasse about next steps for Capt. Brett Crozier: report Trump forgoes WH press briefing for the first time since Easter weekend MORE sparked criticism last week by suggested disinfectants be used as a treatment for coronavirus. The White House said his remarks were taken out of context and Trump later said he was being sarcastic.
Health officials and politicians slammed the president for his comments and encouraged the American people not to ingest disinfectants.
But Birx told Fox News that the president was not putting anyone in danger with the remarks.
“He likes to talk [new information] through out loud and really have that dialogue. And so that’s what dialogue he was having. I think he just saw the information at the time, immediately before the press conference. And he was still digesting that information,” Birx said.
“The president has always put health and safety first. I think you can see that in the way that he was supportive of slowing the spread guidelines — knew the impact that that would have on the economy, and knew clearly what impact it would have on the economy,” she added.
“Yet, he realized that the health and safety of Americans was his number one interest and responsibility.”
New York
CNN
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Trump Media, the parent company of the former president’s Truth Social, alerted Nasdaq Inc. on Thursday of what the company suspects is illegal activity driving down the price of its shares.
In a letter to the exchange, Devin Nunes, the CEO of Trump Media (DJT), laid out what he believes could be deemed “naked” short selling.
Naked short selling involves someone selling shares they don’t own or have not borrowed. They will often then try to buy shares at a reduced price to cover themselves. This practice is generally illegal. Whereas legitimate short sellers, people who seek to benefit from declines in the value of a company’s shares, borrow the shares before selling.
The letter was made public Friday in a filing with the Securities and Exchange Commission.
Nunes also noted in the letter that shares of the company were on a list the Nasdaq maintains that’s “indicative of unlawful trading activity.”
“This is particularly troubling given that “naked” short selling often entails sophisticated market participants profiting at the expense of retail investors,” he said.
Representatives from Nasdaq and Trump Media did not immediately respond to requests for comment.
The company, which is majority-owned by former President Donald Trump, is down by around 50% from the all-time high it set on March 26, the day after it merged with a blank-check acquisition company to go public.
Shares of company have been on a wild ride since.
Although the company is still worth billions of dollars, it is struggling to make money and needs cash. Experts have warned investors to be careful if they choose to trade the stock, because the company doesn’t have the fundamentals to back up its sky-high valuation.
Trump Media lost $58 million in 2023 and made just $4.1 million in revenue.
Shares of the company ended Friday’s session about 9.6% higher.
This story has been updated with additional developments and context.
CNN’s Nicole Goodkind contributed to this report.
Trump Media & Technology Group said it will issue millions more shares, sending its stock plunging again.
The company behind former President Donald Trump’s Truth Social platform said in a Securities and Exchange Commission filing that it is registering the resale of up to almost 21.5 million new shares of common stock issuable upon the exercise of warrants, up to about 146 million shares of common stock, and up to about 4 million warrants to purchase common stock. Certain shares held by insiders may still be restricted from trading until the expiration of a lock-up agreement 5-6 months after the date of the IPO.
New York
CNN
—
Trump Media, the parent company of the former president’s Truth Social, alerted Nasdaq Inc. on Thursday of what the company suspects is illegal activity driving down the price of its shares.
In a letter to the exchange, Devin Nunes, the CEO of Trump Media (DJT), laid out what he believes could be deemed “naked” short selling.
Naked short selling involves someone selling shares they don’t own or have not borrowed. They will often then try to buy shares at a reduced price to cover themselves. This practice is generally illegal. Whereas legitimate short sellers, people who seek to benefit from declines in the value of a company’s shares, borrow the shares before selling.
The letter was made public Friday in a filing with the Securities and Exchange Commission.
Nunes also noted in the letter that shares of the company were on a list the Nasdaq maintains that’s “indicative of unlawful trading activity.”
“This is particularly troubling given that “naked” short selling often entails sophisticated market participants profiting at the expense of retail investors,” he said.
Representatives from Nasdaq and Trump Media did not immediately respond to requests for comment.
The company, which is majority-owned by former President Donald Trump, is down by around 50% from the all-time high it set on March 26, the day after it merged with a blank-check acquisition company to go public.
Shares of company have been on a wild ride since.
Although the company is still worth billions of dollars, it is struggling to make money and needs cash. Experts have warned investors to be careful if they choose to trade the stock, because the company doesn’t have the fundamentals to back up its sky-high valuation.
Trump Media lost $58 million in 2023 and made just $4.1 million in revenue.
Shares of the company ended Friday’s session about 9.6% higher.
This story has been updated with additional developments and context.
CNN’s Nicole Goodkind contributed to this report.
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