Page 30 - Buzzfeed Inc News Today

Larry Elder presidency bid, BuzzFeed News shutting down, Baldwin walks, and more.

CEO Jonah Peretti announced the shutdown of BuzzFeed’s Pulitzer-winning news division and cuts to 15% of its staff. The company will continue to publish news on HuffPost.

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Pulitzer Prize winning digital media outlet BuzzFeed News is being shut down as part of a cost-cutting drive by its corporate parent that’s shedding about 15% of its entire staff, adding to layoffs made earlier this year.

THE FOUNDATION "When Men are employ'd they are best contented. For on the Days they work'd they were good-natur'd and chearful; and with the consciousness of having done a good Days work they spent the Evenings jollily; but on the idle Days they were mutinous and quarrelsome, finding fault with...

In an email Jonah Peretti said the tech platforms had been unwilling to help secure the money needed for Buzzfeed News to survive.

Bringing Taiwan to the World and the World to Taiwan

According to Deloitte, it is expected that the media and entertainment industry will undergo further changes in 2023.

"We cant keep losing money."