BuzzFeed News, a pioneer of the digital news landscape over the past decade, will shut down, the company’s CEO said in a memo to staff Thursday morning, noting the business model of news tailored for ...
BuzzFeed’s revenue is in free fall, and the company is counting on the robots to save it. Q2 revenue was down 27% YOY to $77.9 million from $106.8 million. In fact, all three of BuzzFeed’s main ...
BuzzFeed is shutting down its BuzzFeed News operation, with CEO Jonah Peretti writing in a company memo that it "can no longer continue to fund" the site. The company, known for a millennial-friendly ...
BuzzFeed CEO Jonah Peretti sent a memo to staff Thursday saying the company can “no longer afford to fund” the news division. By Caitlin Huston Business Writer BuzzFeed News is being shuttered, with ...
The ur-viral content site BuzzFeed has often served as a trailblazer — and sometimes a canary in the coal mine — for the digital media industry. Now, its struggle to succeed after a pivot to ...
BuzzFeed’s stock spiked another 62% on Friday, extending its surge after the digital media firm revealed it would work with ChatGPT creator OpenAI’s artificial intelligence platform to create content ...
BuzzFeed News has published its last listicle. The parent company of the site that first gained popularity with lists such as “10 Important Life Lessons You Can Learn From Cats” — and also published ...
BuzzFeed sold First We Feast, a now-independent studio known for producing the popular “Hot Ones” interview show on which celebrities eat increasingly hot chicken wings, for $82.5 million to a group ...
Digital media company BuzzFeed began trading on Monday, closing down 11%. Former staffers complained of delays and confusion in converting their options into shares. "Covering startups, I'm not ...