Buzzfeed

BuzzFeed CEO Jonah Peretti told employees on Thursday that BuzzFeed News would be shutting down as part of a company-wide workplace reduction.

Quinta Brunson went from being a meme to having her own show, Abbott Elementary. From her self-worth journey to being behind the scenes, here’s how she did it.

BuzzFeed’s news organization has about 100 employees and loses roughly $10 million a year, according to people familiar with the matter.

Meta’s core Facebook app has been pressured to keep up with competitors, including its own Instagram and the fast-growing TikTok.

Fed Chair Powell on Monday said “inflation is much too high” and added that rates could increase more than the previously approved 25 basis points if needed.

With the Fed’s first rate hike out of the way, market pros are now debating whether the market can continue the upswing it started in the past week.

BuzzFeed’s next act will require turning its tech start-up roots into a large media company on a landscape that continues to be disrupted.

Dubai-listed investment bank Shuaa Capital is still in the final stages before its first SPAC can be listed, but the bank is already eager to launch more.

Media executives anonymously predicted 2022’s industry-shifting events, including Bob Iger coming back as Disney CEO and Shari Redstone selling ViacomCBS.

Vox Media plans to acquire Group Nine soon, according to company memos obtained by CNBC.

BuzzFeed’s success will grease the wheels for consolidation, but even a middling performance by the company will help give rivals a needed valuation comparison.

Of the more than 50 U.S. tech companies to go public this year through an IPO, SPAC or direct listing, only one of them is less than 20% off its high price.

Shares of BuzzFeed, a digital media company, fell Monday after going public through a special purpose acquisition company.

A federal appeals court is directing the Justice Department to disclose certain redacted passages from special counsel Robert Mueller’s Russia investigation report that relate to individuals who were investigated by prosecutors but not ultimately charged