Vivek Ramaswamy, the former Republican presidential candidate who has regularly attacked the media and made claims that climate change is a “hoax”, has acquired a large stake in BuzzFeed in order to “shift its strategy”.
The 7.7% stake in the media company that helped pioneer viral social media content and moved into digital news is worth more than $2.7m, according to a filing with the SEC, which also states Ramaswamy intends to engage with BuzzFeed’s board of directors as an activist investor.
