BuzzFeed

BuzzFeed announced Thursday that it was shutting its news division as part of cost-saving measures. The company said the move is part of the process of reducing staff which is being brought down by 15 per cent. The shutting down of the…

<!-- -->BuzzFeed first became known for its lists and topical quizzes. (File)New York: BuzzFeed announced Thursday that it was shutting its news division as part of cost-saving cuts, signalling the end of one of the most notable news…

BuzzFeed is shutting down its news division as part of an effort to cut 15 percent of its work force, the company’s chief executive, Jonah Peretti, said Thursday in a memo to employees.About 60 jobs will be affected by the shuttering of…

BuzzFeed will lay off 15% of staff and shut down its news unit, BuzzFeed CEO Jonah Peretti wrote in an email to staff Thursday.The layoffs will affect BuzzFeed's business, content, administration and tech teams. The layoffs amount to about…

BuzzFeed CEO Jonah Peretti stands in front of the Nasdaq market site in Times Square as the company goes public through a merger with a special-purpose acquisition company on December 06, 2021 in New York City.Spencer Platt | Getty…

Startup-focused lender SVB Financial Group last week became the largest bank to fail since the 2008 financial crisis, sending shockwaves through the global financial system and prompting regulators to step in to contain the fallout.The…

Comcast Corp has cut its stake in BuzzFeed Inc by 8.5 per cent since the end of January, cashing in on a rally in the shares of the digital media company on reports of a plan to partner with OpenAI, the artificial intelligence firm…

Shares of BuzzFeed Inc jumped on Thursday on reports of a deal with Meta Platforms Inc and plans to use artificial intelligence to personalize and enhance the digital media firm's online quizzes and content.The stock was 19% higher in…

Credit: Pixabay/CC0 Public Domain BuzzFeed Inc. shares surged by a record on news that the digital-media company plans to use OpenAI to…

BuzzFeed, the New York-headquartered internet media company will use ChatGPT's Open Artificial Intelligence to generate content for its website. This includes quizzes, which is attributed as the first step in extended content creation,…