Yes, sometimes it misrepresents things on purpose. Take for instance the headlines that flew around the other day: Truth isn't truth! Supposedly stated by Rudy Giuliani during an interview with Chuck Todd. It was supposed to be one of those 'Gotcha!' moments that fits the narrative 'Ain't them conservative Trump types a bunch of lying dummies?'
Unfortunately, it wasn't really, which is why the story seems to have fizzled. Here is that ethics site again, pointing out that the real culprit was Todd's non-interview/ambush in devotion to tripping up Giuliani, and the subsequent damage such tactics are doing to the press's reputation.