#BuzzFeed News app shuts down

#BuzzFeed News app shuts down

“BuzzFeed News app shuts down” The BuzzFeed News app has sent its final notification. Amid growing cost cuts and newsroom turmoil, the company announced late Friday that it was shuttering the app. “Well, folks, today’s the last day of the BuzzFeed News app. Thanks for the memories and see y’all out there,” the message read….

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#BuzzFeed News union votes to strike as job cuts loom

#BuzzFeed News union votes to strike as job cuts loom

“BuzzFeed News union votes to strike as job cuts loom” The union representing journalists in BuzzFeed’s news division have overwhelmingly voted to strike just days after three of the site’s top editors resigned — with buyouts and layoffs likely at the money-losing operation. “Today, our unit came together and voted overwhelmingly to authorize a strike,”…

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#BuzzFeed’s Mark Schoofs reportedly quits as losses force cuts

#BuzzFeed’s Mark Schoofs reportedly quits as losses force cuts

“BuzzFeed’s Mark Schoofs reportedly quits as losses force cuts” Investors at BuzzFeed are reportedly pressuring CEO Jonah Peretti to close down its entire money-losing news operation as senior journalists announced their resignations on Tuesday. Mark Schoffs, the editor in chief of BuzzFeed News, and two of his top deputies quit in the latest sign of turmoil at…

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#BuzzFeed to become a publicly traded company through SPAC

#BuzzFeed to become a publicly traded company through SPAC

“#BuzzFeed to become a publicly traded company through SPAC” BuzzFeed will become a publicly traded company with an implied value of $1.5 billion through a merger with a special purpose acquisition company. The company, founded by Jonah Peretti in 2006 and initially known for listicles and online quizzes, has established itself as a serious contender…

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#BuzzFeed takes buzzsaw to newly acquired HuffPost

#BuzzFeed takes buzzsaw to newly acquired HuffPost

“#BuzzFeed takes buzzsaw to newly acquired HuffPost” Just three weeks after finalizing a deal to buy HuffPost, Jonah Peretti’s BuzzFeed is taking a buzzsaw to the left-leaning news and culture site. BuzzFeed on Tuesday said it made a series of cuts in HuffPost that will result in 47 US jobs lost, including Executive Editor Hillary…

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