Stay updated with breaking news from Buzzfeed Inc. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Jonah Peretti, CEO of BuzzFeed, stated in a press release that selling Complex is a key strategic move for BuzzFeed, Inc., in reshaping the business to be more profitable, agile, and inventive. Read more.
BuzzFeed has sold Complex Networks to NTWRK, a live-streaming video commerce platform. The deal, valued at $108.6 million, will also see a 16% reduction in BuzzFeed's workforce.
The latest layoff news comes from BuzzFeed, which is planning to reduce its workforce by 16%, which amounts to dozens of employees being let go, per the Guardian . The reduction...
BuzzFeed Inc‘s BZFD share price rose by 137.42% to $0.52 in after-hours trading after the company revealed the sale of Complex Networks to NTWRK, a…
Shares of NVIDIA Corporation (NASDAQ: NVDA) rose sharply in today’s pre-market trading after the company reported better-than-expected fourth-quarter financial results and issued strong revenue guidance for the first quarter.