BuzzFeed News, the Pulitzer Prize-winning digital news website that once inspired jealousy from legacy media organizations, will shutter, BuzzFeed chief executive Jonah Peretti announced Thursday.
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BuzzFeed on Tuesday said it would lay off approximately 12% of its staff, making the digital news and entertainment conglomerate the latest media company to make painful cuts amid a deteriorating economic climate.
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BuzzFeed News announced on Tuesday that its editor in chief is stepping down and the company is offering buyouts to eligible staffers that could turn into layoffs.
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BuzzFeed will become a publicly traded company with an implied value of $1.5 billion through a merger with a special purpose acquisition company. The company also made a $300M acquisition.
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BuzzFeed is acquiring HuffPost as part of a larger deal with Verizon Media Group, the companies announced Thursday. Here are the details.
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RESEARCH TRIANGLE PARK – Amazon’s push for fast delivery of packages is creating danger on many streets, according to an investigative report from news website BuzzFeed. “Deaths and devastating injuries. A litany of labor violations. Drivers forced to urinate in their vans. Here is how Amazon’s gigantic, decentralized, next-day...
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A Texas Republican and former CIA officer warned Sunday that the US must lead on artificial intelligence or the nation will see its economy fall behind. Meanwhile BuzzFeed talks future of media at SXSW.
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After a crushing round of layoffs that sent shockwaves through the newsroom, BuzzFeed’s editorial staff announced on Tuesday that they have formed a union to grapple with the threats looming over the media industry.
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Vice Media announced significant cutbacks to its staff on Friday, adding more job losses to an already beleaguered industry.
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