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A little over a decade after BuzzFeed News came to life, BuzzFeed CEO Jonah Peretti’s willingness to run a prestigious but money-losing news division has run out. In a memo to staff on Thursday, ...
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 ...
Add Yahoo as a preferred source to see more of our stories on Google. BuzzFeed, which billed itself as a tech company when it went public last fall, with a $1.5 billion valuation to match — is finding ...
After BuzzFeed announced on Monday that Byron Allen is acquiring a majority stake for $120 million, former employees at the once-high-flying media darling are taking the news hard. Although stock rose ...
BuzzFeed rode a wave of VC investment to become a force, but never found a path to profitability. Now it faces a fate like other failed digital-media darlings of the past. BuzzFeed CEO Jonah Peretti ...
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 ...
As a cofounder of both BuzzFeed and HuffPost, Jonah Peretti is one of the great adventurers of the digital age. "I think he should be thought of as a visionary," said Jill Abramson, the former ...
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 ...
BuzzFeed is reorienting and shrinking its news division as the digital media company best known for its lighthearted lists and quizzes strives to increase its profitability. The New York-based company ...
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