Digital media publication BuzzFeed has struggled since going public in December 2021 via a special-purpose acquisition company.

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 ...

Hi Everyone, Happy Wednesday! I'm writing to share a few quick thoughts on BuzzFeed, Inc. . This includes more insider buying ...

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 has quietly put its AI to work writing full-fledged articles for the site, and the work is as just derivative as you’d expect, Futurism reports. Earlier this year, CEO Jonah Peretti told CNN ...

BuzzFeed News is shutting down, the once-iconic media brand’s founder and CEO Jonah Peretti announced in a company-wide memo on Thursday. “We are reducing our workforce by approximately 15% today ...

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’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 ...

Add Yahoo as a preferred source to see more of our stories on Google. BuzzFeed is shutting down BuzzFeed News because it is not able to turn a profit, according to a memo CEO Jonah Peretti sent to ...

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 ...