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The Latest Breaking News from BuzzFeed

Why is Buzzfeed closing down its news site?

BuzzFeed is axing 15 per cent of its staff and closing down BuzzFeed News, due to the pandemic and a weak stock market

Evening Standard

Mary McNamara: From BuzzFeed to Netflix, digital media promised revolution. And a bloody business it's been

The time has come for us to stop using the term "digital revolution" in such a catchphrase-cute way, with the inevitable emphasis on "digital" and little thought for the meaning, and historical realities, of "revolution."

Los Angeles Times

Why Investors Should Read Between the Lines of BuzzFeed’s (BZFD) Unusual Options Volume

On paper, the bearish implications of BuzzFeed’s options contracts trading suggests doom for BZFD stock. Here’s why speculating investors should read between the lines.

Barchart

From analysis to the latest developments in health,
read the most diverse news in one place.

Borrowers With High Credit Scores Penalized Under New Federal Mortgage Fee Plan

Plus: Buzzfeed News is shutting down, alcohol delivery not linked to higher rates of booze consumption, and more...

Reason

BuzzFeed News shutters amid digital media reckoning

The internet publishing landscape shifted after tech firms changed their algorithms in the late 2010s.

Axios

‘Is Jonah Peretti axing himself too?’: Grief and anger among journalists as Buzzfeed News shuts down

Buzzfeed News is shutting down, and journalists took to social media last night to mourn its loss.

Newslaundry

BuzzFeed News to be shuttered in corporate cost-cutting move

CEO Jonah Peretti announced the shutdown of BuzzFeed’s Pulitzer-winning news division and cuts to 15% of its staff. The company will continue to publish news on HuffPost.

Chicago Sun-Times

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From pee tapes to Pulitzers: The rise and fall of Buzzfeed News

BuzzFeed began in 2006 as a way of harnessing the virality of internet memes, and almost accidentally became a prominent force in investigative journalism, writes Bevan Hurley.

The Independent UK

BuzzFeed shutters its newsroom as the company undergoes layoffs

BuzzFeed News started in 2012 and grew to have more than 100 journalists across the world. Moving forward, BuzzFeed will concentrate news efforts in HuffPost, the company said.

WEKU

BuzzFeed News is shutting down as company cuts 15% of staff

BuzzFeed News, which won a Pulitzer Prize for its reporting in 2021, is shutting down.

Los Angeles Times

BuzzFeed to close news division, cut 15% of all staff

Pulitzer prize winning digital media company BuzzFeed will shut down its news division as it cuts about 15% of its entire staff

The Independent UK

BuzzFeed to shut down Pulitzer-winning news division

Pulitzer Prize winning digital media company BuzzFeed will shut down its news division and cut another 15% of its staff across the company, adding to layoffs made earlier this year.

France 24

BuzzFeed to lay off 15% of staff and shut down news site

CEO Jonah Peretti said he ‘overinvested in BuzzFeed News’ and ‘can and will do better’

Evening Standard

BuzzFeed News to close and parent company to make substantial layoffs

Chief executive Jonah Peretti says in company-wide email BuzzFeed ‘can no longer continue to fund BuzzFeed News’

The Guardian - US

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Axios

BuzzFeed News to shut down

BuzzFeed cites management mistakes for company-wide struggles

The Independent UK

BuzzFeed News is ‘beginning the process’ of closing down, CEO tells staff

BuzzFeed CEO Jonah Peretti told staff the ‘difficult news’ in an internal email on Thursday

The Conversation

Why was TikTok banned on government devices? An expert on why the security concerns make sense

Australia has joined a raft of other countries in banning the popular video sharing app TikTok from government devices, as several outlets have today reported.

The Independent UK

Love Is Blind star Irina Solomonova reveals why relationship with Zack Goytowski didn’t work

‘I felt something holding me back from him’

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news in one place.

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StockNews.com

2 Under $10 Stocks to Buy Better Than BuzzFeed

The entertainment sector is gaining traction amid rapid digitization and globalization and is expected to witness solid growth in the coming years. However, while BuzzFeed (BZFD) has gained significant investors’ attention, I think fundamentally strong stocks MultiChoice Group (MCHOY) and Urban One (UONEK), which are currently trading under $10, could…

Reason

TikTok Is Too Popular To Ban

Plus: Police sue Afroman for using footage from raid, California bill could ban popular junk foods, and more...

The Independent UK

Fitness influencer goes viral for eating dog food to increase protein intake

‘Blend it with a single banana it will cancel out any other flavour,’ one viewer jokes about the dog food on TikTok

The Guardian - UK

A fake news frenzy: why ChatGPT could be disastrous for truth in journalism

A platform that can mimic humans’ writing with no commitment to the truth is a gift for those who benefit from disinformation, says Emily Bell, director of the Tow Center for Digital Journalism

The Independent UK

Mother praised after forcing teenage son to return to restaurant to increase his $10 tip

‘You are an amazing mother for this’

Birmingham Post

Publishing group Future appoints former BuzzFeed president as new CEO

Jon Steinberg will replace Zillah Byng-Thorne at the Bath-based media organisation, which has a portfolio of online and magazine titles such as FourFourTwo, The Week and Total Film

Bangkok Post

Who will be AI's first billionaire?

Great advances in technology often result in vast increases of wealth. So as the AI boom continues, one obvious question is who will profit -- and by how much. My view, which may be deflationary for entrepreneurs but good for consumers, is this: Relative to how much artificial intelligence changes…

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