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“#Buzzfeed to acquire HuffPost from Verizon Media in stock deal” BuzzFeed is buying HuffPost from Verizon in a stock deal that will let the telecom giant retain a minority investment in the digital news and aggregation website, which had been struggling even prior to the pandemic. Jonah Peretti, founder and CEO of BuzzFeed, was one…
“# Verizon’s newsroom to use blockchain in bid for absolute transparency ” Verizon unveiled “a blockchain-based, open-source newsroom product designed to raise the bar for corporate accountability,” today according to a public statement. Called Full Transparency, the platform is meant to immutably document the company’s own news releases on a public blockchain. Verizon posted its…
“#Verizon scrambling to unload HuffPost as losses mount” Verizon has been quietly scrambling to unload HuffPost as it grapples with continued losses at the left-leaning news and culture website, The Post has learned. The telecom giant — which acquired the site formerly known as the Huffington Post as part of its $4.4 billion purchase of…