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☆ Trump Media shares halted repeatedly as DJT whipsaws in volatile trading
▼ + stars: | 2024-10-29 | by ( Kevin Breuninger | ) www.nbcnews.com time to read: +3 min

Trading of Trump Media shares was halted for volatility multiple times Tuesday morning as the company majority owned by Donald Trump ricocheted in early trading. Nearly 16 million Trump Media shares changed hands in the first 10 minutes of the trading day. Just more than a month later, Trump Media shares were trading at more than four times that price. That merger, which took Trump Media public, was completed in late March. Despite losing hundreds of millions of dollars on scant revenue in recent fiscal quarters, Trump Media boasts a market capitalization above $10 billion.

Persons: Donald Trump ricocheted, Trump’s, Kamala Harris, Harris, Critics Organizations: Trump Media, Nasdaq, DWAC, Republican, Trump, Forbes, Democratic, Madison Locations: New York City

☆ Max Verstappen hints that ‘silly’ punishment for swearing could hasten his retirement from F1
▼ + stars: | 2024-09-23 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

CNN —Max Verstappen hinted on Sunday that his retirement from Formula One might be hastened after his “silly” punishment for swearing. The Red Bull driver was told by motorsport’s governing body, the FIA, that he should carry out “work of public interest” after using a swear word in a press conference on Thursday ahead of the Singapore Grand Prix. When you can’t be yourself or you have to deal with these kind of silly things,” the Dutch driver told reporters, per Reuters. So, yeah, it is very, very silly,” Verstappen said. According to multiple reports, Alex Wurz – the chair of the Grand Prix Drivers’ Association (GPDA) – said that the punishment handed out to Verstappen was too severe.

Persons: Max Verstappen, Red Bull, Lando Norris, Verstappen, “, “ It’s, Alex Wurz –, –, Wurz, Guenther, Guenther Steiner, Haas, ” Verstappen, Norris, Verstappen’s Organizations: CNN, Formula, FIA, Singapore, Reuters, Azerbaijan, Autosport, Prix Drivers ’, Netflix, Prix Locations: Singapore

☆ India’s free press is not so free after a decade of Modi
▼ + stars: | 2024-05-22 | by ( Analysis Aishwarya S. Iyer | ) edition.cnn.com time to read: +12 min

And as Modi looks to win another five years in power in an ongoing nationwide election, critics fear further erosion of the protections afforded to India’s free press. “I think many times before I write stories,” Kappan told CNN. Since his bail, Kappan has struggled to find a permanent job to provide for his family. Kumar told CNN he resigned because Adani’s proximity to Modi and the BJP would leave him unable to continue asking tough questions of the government. “They gave no reasons nor any justifications for why they denied my permit,” she told CNN from Paris.

Persons: Siddique Kappan, Narendra Modi’s, Modi, “, ” Kappan, Kappan, ”, Kaushik Raj, Narendra Modi, Gareth Copley, Shakuntala Banaji, RSF, Kunal Majumder, NewsClick, Prabir Purkayastha, Banaji, Kanchan Gupta, Ravish Kumar, Kumar, Gautam Adani, Vishal Bhatnagar, Dinesh Joshi, Gupta, Avani Dias, Vanessa Dougnac, Dias, Gaurav Bhatia, Dougnac Organizations: New, New Delhi CNN, CNN, Getty, Modi’s Bharatiya Janata Party, BJP, ICC Men's Cricket, India, Journalists, London School of Economics, “, Press, ”, Protect Journalists, Police, LSE, Ministry of Information, Broadcasting, Amnesty, New Delhi Television, NDTV, YouTube, Australian Broadcasting Corporation’s, Ministry of Home Affairs, India’s, Ministry, BBC Locations: New Delhi, India, Uttar Pradesh, Lucknow, AFP, Hathras, Paris, Ahmedabad, Pakistan, Sri Lanka, Nepal, Bangladesh, Delhi, Jaipur, Modi, Asia, Dougnac

☆ Child abuse scandal rattles Orban’s image as defender of ‘family values’
▼ + stars: | 2024-02-17 | by ( Christian Edwards | ) edition.cnn.com time to read: +10 min

Orban has long posed as a globetrotting defender of Christian values and an enemy of liberalism. But Orban’s critics say his carefully constructed image is a thin guise for a plutocratic mode of governance designed to enrich a small group of oligarchs. The scandal could also weaken Hungary’s bid to gain more influence in Brussels in the upcoming European elections. Since the scandal was revealed last weekend by Hungarian news site 444.hu, “Orban has not made an appearance or said anything. Critics argue that Orban’s proposed constitutional solution to the scandal is a symptom of his autocratic mode of governance.

Persons: CNN —, Viktor Orban, Katalin Novak, Orban’s, ”, Judit Varga, Fidesz party’s, Varga, Orban, Hungary’s, “ Orban, Kim Lane Scheppele, Attila Kisbendek, Peter Magyar, “, ” Magyar, Magyar, Hungary ”, ” Orban, Critics, ” Scheppele, Hungary –, Bernadett Szabo, Scheppele, ‘, illiberal, ’ ”, Pope Francis, Eva Fodor, Fodor, Attila Kisbenedek, Zoltan Balog, Balog, hasn’t, Mark Rutte, Europe’s, he’s Organizations: CNN, CNN — Hungary’s, Fidesz, European Union, Princeton University, Partizan, State of, Reuters, Survey, Christian, Central European University, Getty Locations: Washington, Moscow, Brussels, Budapest, AFP, Varga’s, Hungary, State, Christian Europe, China, Venezuela, ”, Netherlands

"Public media are paid for with our taxes in order to give citizens access to fair information. And that's particularly important at... election time," said Joanna Krawczyk from the German Marshall Fund, a think-tank. PiS says private media outlets such as Warner Bros' (WBD.O) TVN often distort public debate by representing foreign interests. This perceived bias in public broadcasting has exacerbated political divisions in Polish society. "When she watches TVP, he goes to the kitchen."

Persons: Kacper, TVP, Szalai, RSF, Joanna Krawczyk, KRRiT, PiS, Grzegorz Lewandowski, Donald Tusk, Alan Charlish, Gareth Jones Organizations: Telewizja Polska SA, REUTERS, Sunday Government, WARSAW, Law and Justice, Media, German Marshall Fund, European Union, Civic Coalition, Reuters, Warner Bros, TVN, European Centre for Press, Media Freedom, Thomson Locations: Warsaw, Poland, TVP, Sochaczew, Hungary, Turkey, Russia

☆ Lachlan Murdoch pays over $800,000 in legal fees to Australian publisher after abandoning defamation suit
▼ + stars: | 2023-08-22 | by ( Liam Reilly | ) edition.cnn.com time to read: +3 min

CNN —Lachlan Murdoch, Fox Corporation’s chief executive, paid substantial legal fees to Private Media, which publishes the scrappy Australia-based news outlet Crikey, after abandoning his defamation lawsuit against the outlet. So, $1,306,739 Australian ($839,207.39 US) to cover Private Media’s legal costs, more than the $1.1 million Australian ($705,000 US) that had been sought by the outlet. Private Media, which had crowdfunded its legal defense against Murdoch, pledged to donate $588,735 Australian ($377,555 US) — all of the money it had raised — to the Alliance for Journalists’ Freedom. Will Hayward, the chief executive of Private Media, said he was “delighted” to be able to donate the funds. “This includes campaigning for a Media Freedom Act, supported by a voluntary membership that will recognize quality journalism.”

Persons: Lachlan Murdoch, Fox, John Churchill, Murdoch, Crikey, unindicted, ”, doesn’t, Donald Trump, “, “ Crikey, Mr Murdoch, Churchill, Will Hayward, ” Hayward, Peter Greste Organizations: CNN, Fox Corporation’s, Private Media, Capitol, Fox Corp ., Fox News, Dominion, Systems, Alliance for Journalists ’ Locations: Australia

☆ Lachlan Murdoch Pays $840,000 to Site He Had Accused of Libel
▼ + stars: | 2023-08-22 | by ( Katie Robertson | More About Katie Robertson | ) www.nytimes.com time to read: +1 min

Mr. Murdoch sued Crikey last August over an opinion column with the headline: “Trump is a confirmed unhinged traitor. And Murdoch is his unindicted co-conspirator.” The column did not specify whether it was referring to Mr. Murdoch or his father, Rupert Murdoch. Dominion had accused Fox of defaming it by repeatedly linking it to the false voter fraud claims in multiple broadcasts. That donation was a condition of the agreement with Mr. Murdoch. “This money was raised from the good will of people across Australia who believe in the importance of free speech,” Mr. Hayward said.

Persons: Murdoch, Crikey, “ Trump, Rupert Murdoch, Fox, Will Hayward, “, Mr, Hayward, ” Organizations: Fox News, Dominion, Private Media, Alliance for Journalists ’ Locations: crowdfunding, Australian, Australia

☆ Leon Black Agreed to Pay $62.5 Million to Settle Epstein-Related Claims
▼ + stars: | 2023-07-21 | by ( Matthew Goldstein | More About Matthew Goldstein | ) www.nytimes.com time to read: +1 min

The previously undisclosed settlement came after the Virgin Islands reached a $105 million deal in November with Mr. Epstein’s estate. The Virgin Islands government produced its settlement agreement with Mr. Black in response to a public records request by The New York Times. The $62.5 million settlement followed that session. Mr. Black agreed to pay in cash, according the settlement document. Those dealings, including the revelation that he paid $158 million to Mr. Epstein for tax and estate planning services, had become a source of embarrassment for Mr. Black in the years after Mr. Epstein’s death.

Persons: Leon Black, Jeffrey Epstein, Epstein, Black Organizations: U.S . Virgin, Virgin, Mr, JPMorgan Chase, Virgin Islands, The New York Times, The Times Locations: U.S, U.S . Virgin Islands, Manhattan

In the war-torn Chechnya region, Mr. Kadyrov built up a private fiefdom while professing loyalty to no official but Mr. Putin himself. A judo sparring partner from Mr. Putin’s youth became a construction billionaire and built Mr. Putin’s landmark bridge to Crimea. And then there was Mr. Prigozhin, who has said that he met Mr. Putin in 2000 as a St. Petersburg restaurateur. In Ukraine, as Mr. Prigozhin tells it, Wagner troops were only called in after Mr. Putin’s initial invasion plan failed. But Mr. Putin seemed to vacillate on his own support for Mr. Prigozhin.

Persons: Vladimir V, Putin, Yevgeny V, Prigozhin, Putin’s, “, ”, —, “ Putin, Tatiana Stanovaya, ” Mr, Ramzan Kadyrov, Aleksandr G, Lukashenko, Mr, Wagner, tycoons, Boris N, Yeltsin, Kadyrov, Prigozhin’s, K.G.B, Donald J, Trump, Weeks, ’, Putin “, Andrei Soldatov, Prigozhin “, ” Mark Galeotti, ” Neil MacFarquhar, Valerie Hopkins Organizations: Carnegie Russia Eurasia Center, ., Reuters, Federal Security Service, Kremlin, Television, Defense, Defense Ministry, Center for Locations: Russia, Moscow, Russian, Rostov, Chechnya, Belarus, Russia’s, Don, Ukraine, Putin’s, Crimea, St, Petersburg, United States, Syria, Africa, Ukrainian, Bakhmut

☆ Military object found in Polish forest was Russian missile - media
▼ + stars: | 2023-05-10 | by ( ) www.reuters.com time to read: +1 min

WARSAW, May 10 (Reuters) - The military object found in a Polish forest in April was a Russian CH-55 missile, Polish private media outlets RMF FM and Polsat News reported on Wednesday, citing unnamed sources. The area where the object was found is hundreds of kilometres from Poland's borders with Ukraine, Belarus and the Russian exclave of Kaliningrad. Private broadcaster RMF FM reported on Wednesday without naming its sources that the preliminary findings of Poland's Air Force Institute of Technology was that the object was a Russian CH-55 missile. Private broadcaster Polsat News also reported without naming its sources that the object was a CH-55 missile. A Polish government spokesman and the Air Force Institute of Technology could not immediately be reached for comment.

☆ Lachlan Murdoch Drops Defamation Lawsuit Against Australian Publisher
▼ + stars: | 2023-04-21 | by ( David Winning | ) www.wsj.com time to read: +2 min

Lachlan Murdoch in Sun Valley, Idaho, in 2019. And Murdoch is his unindicted co-conspirator.”Private Media rejected the claim that the article had defamed Mr. Murdoch and the case was due to go to trial in federal court in Sydney in October. On Friday, Mr. Murdoch’s attorney, John Churchill, filed a notice with the federal court stating that the Fox chief executive was discontinuing the proceedings. In a statement, Mr. Churchill said Mr. Murdoch was confident that he would have won the case at trial. Crikey, in a statement on its website, called the decision a victory for public interest journalism and said it stood by the original article.

☆ Lachlan Murdoch drops defamation lawsuit against Australian news website
▼ + stars: | 2023-04-21 | by ( Byron Kaye | ) www.reuters.com time to read: +2 min

SYDNEY, April 21 (Reuters) - Fox Corp (FOXA.O) CEO Lachlan Murdoch dropped a defamation lawsuit against an Australian news site over an opinion piece he said accused him of complicity in the Jan. 6 attack on the U.S. Capitol, saying the defendant was trying to generate publicity. A lawyer for Private Media, Michael Bradley, said Murdoch had discontinued his Federal Court claim without warning and that Murdoch would pay Private Media's costs. "It's complete vindication of their stand on the principle of press freedom," Bradley said in an email, referring to Crikey and its employees. Fox and its top-rated cable channel Fox News on April 18 settled a defamation lawsuit by ballot machine operator Dominion Voting Systems, on what was to be the first day of a trial where Lachlan's father, Fox Corp Chairman Rupert Murdoch, had been expected to testify. In the Australian lawsuit, which was scheduled to go to trial in October, Lachlan Murdoch had accused Private Media and four employees of damaging his reputation in a June 29, 2022, opinion piece that described the Murdochs as "unindicted co-conspirators" in the effort by Trump supporters to overturn his election loss.

☆ Lachlan Murdoch drops defamation suit against Australian outlet Crikey in wake of massive Dominion settlement
▼ + stars: | 2023-04-20 | by ( Oliver Darcy | ) edition.cnn.com time to read: +3 min

We won.”The legal dispute centers on a 2022 Crikey story that carried the headline, “Trump is a confirmed unhinged traitor. And Murdoch is his unindicted co-conspirator.”After the article was published, Murdoch demanded the story be removed and the outlet apologize. Murdoch followed through on the dare, filing a lawsuit against Crikey publisher Private Media. Crikey and Private Media said throughout the legal process that they would defend themselves and were confident in their case. Not only would he have been ensnared in another high-profile defamation case, his camp would have had to make effectively the opposite arguments it has made in the United States in regard to defamation law.

☆ Paul Ryan Says Even MAGA Diehards Believe Trump Can’t Win in 2024
▼ + stars: | 2023-03-06 | by ( David Marchese | ) www.nytimes.com time to read: +23 min

Photo illustration by Bráulio Amado Talk Paul Ryan Says Even MAGA Diehards Believe Trump Can’t Win in 2024For a good long time during the George W. Bush and Obama presidencies, Paul Ryan was considered one of the intellectual leaders and shining stars of the Republican Party. Get out of this race.” But I don’t think Trump is going to get the nomination. I don’t think we want the lack of liberty that comes with government-made equality. Where I part company with the left is I don’t believe in socialism. I don’t believe in equality of outcomes.

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