Newly profitable Buzzfeed is going public via SPAC — and eying a deal with Complex Networks Buzzfeed announced a public debut via SPAC this week, after CEO Jonah Peretti cut $30 million in expenses in 2020 to turn a profit. Ivan De Luce 6.24.21 4:00 PM Markets
HuffPost’s latest round of layoffs may stem from BuzzFeed’s plateau HuffPost is losing money, but Buzzfeed may be laying off HuffPost employees to stem its own decline. Ivan De Luce 3.9.21 10:04 PM Markets
Media jobs plummet at Vox, Vice, and Buzzfeed in the midst of Coronavirus With millions of jobs lost to the Coronavirus crisis, the media industry is barely hanging on. Meanwhile, Business Insider continues to hire. Julia Gray 4.13.20 5:37 PM Innovation
It looks like Hindenburg Research was right about Nikola's "intricate fraud" The electric truck maker’s former executive chairman was charged in a federal indictment with defrauding investors. Christie Smythe 7.30.21 1:53 PM Outcasts
The US media industry is facing challenges - and data shows it's not just newspapers Data shows the media industry, and not just stale old print publications dependent on bike routes and classifieds, is facing upheaval. Jon Marino 12.30.19 3:31 PM Innovation
Amid union recognition walkout, Buzzfeed's social following is stagnating The cornerstone of new media may have hit a ceiling on the social media networks they built themselves on, and it comes at a time where an employee union wants to be recognized. James Mattone 6.17.19 5:40 PM People
Buzzfeed rising: Hiring is up 208% at the embattled media company since layoffs Job listing data suggests that Buzzfeed is on a path to expansion again after a protracted period of realignment and layoffs. Joshua Fruhlinger 4.16.19 3:55 PM People