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 ...

BuzzFeed is shutting down BuzzFeed News because it is not able to turn a profit, according to a memo CEO Jonah Peretti sent to company staff Thursday. The digital publisher is laying off 15% of its ...

A decade ago, BuzzFeed was redefining what news and entertainment on the web meant. The website’s mix of hard-hitting news, in-depth features, and viral listicles offered a vision of the future for ...

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 ...

The ur-viral content site BuzzFeed has often served as a trailblazer — and sometimes a canary in the coal mine — for the digital media industry. Now, its struggle to succeed after a pivot to ...

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 ...

BuzzFeed has sold First We Feast, the food-centered brand behind the popular YouTube interview show “Hot Ones,” to a group of investors for $82.5 million, ending a months-long search and raising cash ...

Peretti, who proudly announced in May 2023 that AI will “replace the majority of static content,” and gloated that its AI-generated content was outperforming its pesky human employees, has seemingly ...

BuzzFeed is considering building its own social media platform to compete with the big players and better distribute its content — and offer an alternative to the rightward, masculine drift of ...

The media company, led by CEO Jonah Peretti, has until Nov. 27 to bring up its stock price, according to an SEC filing. By J. Clara Chan Digital Media Writer BuzzFeed has until Nov. 27 to improve the ...