BuzzFeed

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 site filled with listicles and…

BuzzFeed News, which won a Pulitzer Prize for its reporting in 2021, is shutting down.A memo from BuzzFeed chief Jonah Peretti announced the closure of the once formidable unit Thursday. Peretti also said the New York-based media company…

Most of Buzzfeed’s cash and cash equivalents for 2022, totaling a reported $56 million, were held at the failed Silicon Valley Bank, the Northern California financial powerhouse that failed last week. However, in a joint statement…

”Having a trend that you can align with is really important,“ says Jonah Peretti While pursuing a master’s degree at MIT’s Media Lab, Peretti decided to take advantage of the NikeID (now Nike By You) offering, which invited shoe…

”The place where I’m most excited about AI is not in news, but in entertainment,“ Jonah Peretti says In December, BuzzFeed laid off 12% of its workforce, roughly 180 staffers out of an estimated 1,500. Followed so closely by the…

Anxious to tap in to younger audiences and new ideas, venture capitalists and media giants bankrolled the likes of BuzzFeed, Vox Media and Vice Media, lifting their putative valuations into the billions of dollars. “Vice for a long…

BuzzFeed Inc. debuted a new line of quizzes that use artificial intelligence to respond to readers, the media company's first attempt to make money from the new technology. On Tuesday, BuzzFeed published quizzes, a format that the…

Companies tied to artificial intelligence services recorded some of their highest trading volumes on record this month, amid a frenzy of interest in the ChatGPT tool, which generates conversation-style interactions. Companies tied to…

Shares of BuzzFeed Inc jumped on Thursday on reports of a deal with Meta Platforms Inc and plans to use artificial intelligence to personalize and enhance the digital media firm's online quizzes and content.The stock was 19% higher in…

BuzzFeed soars on reports of plans to use ChatGPT's OpenAI, Meta deal. Shares of BuzzFeed Inc extended gains to more than double in value on Thursday on reports the digital media firm was planning to use artificial intelligence to…