As well, the CROP poll for Laval University showed the propagation of fake news was a concern for 80 per cent of respondents.
Media
Quebecers trust news media but confuse reporting with commentary: poll – Montreal Gazette
Quebecers have a generally healthy trust in their news media but don’t always make a distinction between those reporting the facts and those commenting on them, a new poll suggests.
And the survey, conducted by CROP for the Centre d’études sur les médias of Laval University, found also that younger people trust mainstream media less than their elders, expressing more confidence in social media despite their being identified as sources of disinformation.
A majority of Quebecers (83 per cent) say they trust news media and 67 per cent say they trust journalists. But if that trust peaks at 84.7 per cent for journalists working in traditional media (television, newspapers, radio), it plummets to 55 per cent for journalists working in social media.
Overall, however, the public’s trust in journalists is not unconditional, with 53 per cent of respondents saying they think the quality of news has deteriorated.
Respondents also drew little distinction between journalists and commentators. Among journalists they trust, commentators such as Richard Martineau, Patrick Lagacé, Mario Dumont and Chantal Hébert were cited along with news anchors Patrice Roy, Céline Galipeau and Sophie Thibault.
The pollsters note that the grouping together of commentators and news anchors isn’t too surprising, given that both enjoy high and near constant visibility on news channels and other outlets.
Television remains Quebecers’ main source of news, followed by newspapers and radio. Only 34 per cent of respondents said they trusted news posted on social media.
The propagation of fake news was a concern for 80 per cent of respondents, with one out of two worrying they can’t determine reliable sources of news.
The online survey was conducted Oct. 3-23, 2019 using a panel of 1,000 respondents representative of the Quebec population. A margin of error cannot be determined for a poll of this nature.
Media
Trump Media warns Nasdaq of suspected market manipulation – CNN
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.
Media
Bitcoin halving, Trump Media stock falling, and banks rising: Markets news roundup – Quartz
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.
Media
Trump Media warns Nasdaq of suspected market manipulation – CNN
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.
-
Media23 hours ago
DJT Stock Rises. Trump Media CEO Alleges Potential Market Manipulation. – Barron's
-
Real eState16 hours ago
Botched home sale costs Winnipeg man his right to sell real estate in Manitoba – CBC.ca
-
News22 hours ago
Canada Child Benefit payment on Friday | CTV News – CTV News Toronto
-
Business16 hours ago
Dow Jones Rises But S&P, Nasdaq Fall; Nvidia, SMCI Flash Sell Signals As Bitcoin's Fourth Halving Arrives – Investor's Business Daily
-
Science21 hours ago
Marine plankton could act as alert in mass extinction event: UVic researcher – Langley Advance Times
-
Science14 hours ago
Dragonfly: NASA greenlights most important mission of the century – Earth.com
-
Art15 hours ago
Art and Ephemera Once Owned by Pioneering Artist Mary Beth Edelson Discarded on the Street in SoHo – artnet News
-
Tech21 hours ago
Nothing Ear And Nothing Ear (a) Earbuds Are 1st With ChatGPT Integration – Forbes