Page 81 - Buzzfeed News Today

Mark Schoofs, the site’s editor in chief, is among the departures. The company’s chief executive said BuzzFeed News would need to “prioritize the areas of coverage our audience connects with the most.”

Editor-in-chief stands down as digital media group revenue falls 24% short of projections

BuzzFeed is offering buyouts to news employees in an attempt to shrink its workforce as investors in the company have pressured leadership to shut down its news operations completely, according to new reports. 

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

Digital-media business posts 18% quarterly revenue growth in first report as publicly traded company

BuzzFeed said it's trying to turn around the decade-old news division, which has made a mark with its journalism but failed to turn a profit.

When BuzzFeed reported fourth-quarter earnings on Tuesday, one figure stood out: Commerce revenue declined 26% to $16.7 million.

Have you ever had a dream so crazy that you start questioning how your own brain could have even conjured that up?!

Stock futures were flat in overnight trading as Federal Reserve Chair Jerome Powell said the central bank is open to higher rate hikes if needed.

In the early days at BuzzFeed, employees labored with relatively low pay and dreams of IPO day, when their stock options would make them whole. This is the common arrangement...