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BuzzFeed News was a finalist for the 2018 Goldsmith Prize for Investigative Reporting. [73] In 2021, BuzzFeed News won the Pulitzer Prize for International Reporting for its coverage of the Xinjiang internment camps as a part of China's campaign against the Muslim Uyghurs. [74] [75] BuzzFeed News was a member of the White House press corps. [76]
BuzzFeed receives the majority of its traffic by creating content that is shared on social media websites. BuzzFeed works by judging their content on how viral it will become, operating in a "continuous feedback loop" where all of its articles and videos are used as input for its sophisticated data operation. [41]
Vice Media, the parent company of notable assets like Vice News, Vice TV, Refinery29 and Motherboard, filed for bankruptcy on Monday as digital media companies from Buzzfeed to Insider grapple ...
BuzzFeed CEO Jonah Peretti told staff the ‘difficult news’ in an internal email on Thursday
Vice, once heralded as the insurgent leader of a new generation of media companies, is heading for bankruptcy, ... NPR, Paper magazine, and the demise of Buzzfeed News. ...
In 2022, shareholders urged Peretti to shut down BuzzFeed News; two anonymous sources told CNBC that BuzzFeed News lost about $10 million annually. [28] On April 20, 2023, BuzzFeed under Peretti laid off 15% of its staff and shut down the BuzzFeed News division. In an email to staff on April 20, Peretti stated that the company overinvested in ...
BuzzFeed had acquired First We Feast in 2021 as part of its $198 million in cash and 2.5 million split-adjusted shares of equity. 'Hot Ones' has become one of the internet's most popular talk ...
On January 28, 2017, Aleksej Gubarev, chief of technology company XBT and a figure mentioned in the dossier, initiated a defamation lawsuit against BuzzFeed, Inc. and Steele (and his company, Orbis Business Intelligence) in the High Court of Justice in London, Britain, Case No: CR 2017 - 664, [1] after BuzzFeed published the "Steele Dossier," alleging the dossier made "seriously defamatory ...