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BuzzFeed Shares More Than Double Following $108.6M Complex Sale, Plans To Layoff 16% Staff
Thursday, February 22, 2024 - 4:45am | 694BuzzFeed Inc‘s (NASDAQ:BZFD) share price rose by 137.42% to $0.52 in after-hours trading after the company revealed the sale of Complex Networks to NTWRK, a live-streaming video commerce platform. The deal, valued at $108.6 million, will also result in a 16% reduction in BuzzFeed’s...
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BuzzFeed Listicles, Quizzes To Soon Be Enhanced By AI From ChatGPT Parent
Thursday, January 26, 2023 - 9:03pm | 422Buzzfeed Inc (NASDAQ: BUZFD), whose shares were on the rise Thursday after it forged a deal with Facebook parent Meta Platforms Inc (NASDAQ: META), has plans to use OpenAI’s artificial intelligence to enhance its content. What Happened: The internet media and news company told Benzinga in an...
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How BuzzFeed's Growth Compares With The New York Times, Gannett And Tronc
Tuesday, December 20, 2016 - 3:31pm | 338BuzzFeed CEO Jonah Peretti just sent out his year-end memo to employees. The year-in-review style memo highlights the incredible growth numbers the online news giant continues to deliver. “As the leading independent, pure digital media company, we’ve shown we can build a great business...
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Trumped: Buzzfeed Drops Advertising Deal With Republican National Committee
Monday, June 6, 2016 - 5:38pm | 211Donald Trump’s threats against Muslim-Americans have caused the Republican National Committee to lose an advertising deal it signed with Buzzfeed. Buzzfeed withdrew from the agreement because Trump, a current option for republican nominee, does not support the rights of its employees....
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Yahoo Or Buzzfeed? Snapchat Says Only One Knew How To Connect With Millennials
Monday, October 19, 2015 - 6:00pm | 399A few months ago, Snapchat removed Yahoo! Inc. (NASDAQ: YHOO) from its Discover section. The app replaced Yahoo videos with Buzzfeed videos. For those unfamiliar with Snapchat’s Discover feature launched in January, the idea is simple. When users tap on the Discover button, the app...