BuzzFeed plans to lay off 16% of employees after selling Complex
- Media group says it will be ‘more profitable, more nimble' after offloading Complex at a discount and implementing a restructure
- 02/21/2024
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BuzzFeed Sells Complex For $108 Million Cash Amid Restructuring, Layoffs
- BuzzFeed is selling Complex to NTWRK for $108.6 million in cash plus $5.7 million for use of NYC office space, severance and other employee costs. It also announced a strategic restructuring including laying off 16% of its workforce that it expects will save $23 million a year. It will discuss details on Feb.
- 02/21/2024
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Why Is BuzzFeed (BZFD) Stock Up 40% Today?
- As has been the case with a number of high-profile special purpose acquisition company (SPAC) mergers, the past three years have been rather dim for most de-SPAC companies. BuzzFeed (NASDAQ: BZFD ) is certainly one company that can be included in this group.
- 02/15/2024
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The Independent in talks to take control of BuzzFeed, HuffPost in UK - FT
- British media group The Independent is in talks to take control of BuzzFeed and Huffington Post's operations in the UK and Ireland, the Financial Times reported on Thursday.
- 02/15/2024
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Best of Proactive 2023: Buzzfeed was valued in the billions
- First published on 8 May, the below article took a deep dive into the downfall of BuzzFeed News BuzzFeed was once the empty-calorie, sugary glue that held the internet together. In many ways, BuzzFeed was the perfect name for the peddler of inoffensive listicles and memes; there was a certain endorphin rush associated with coming across the perfect top-10 list for you.
- 12/24/2023
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BuzzFeed, Inc. (BZFD) Q3 2023 Earnings Call Transcript
- BuzzFeed, Inc. (NASDAQ:BZFD ) Q3 2023 Earnings Conference Call November 2, 2023 5:00 PM ET Company Participants Amita Tomkoria - SVP of IR Jonah Peretti - Founder, Chairman & CEO Marcela Martin - President Felicia DellaFortuna - CFO Conference Call Participants Operator Good day, and thank you for standing by. Welcome to the BuzzFeed, Inc. Third Quarter 2023 Earnings Conference Call.
- 11/05/2023
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As WeWork implodes, Allbirds, Mullen Automotive, BuzzFeed could be next
- WeWork (NASDAQ: WE) stock price plunged by more than 51% on Wednesday after reports said that the company was nearing bankruptcy. The shares have already plunged by over 90% this year, giving it a market cap of over $58 million.
- 11/01/2023
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5 tech companies that moved from unicorns to penny stocks
- The last decade was a boom period for technology startups, with some analysts comparing it with the dot com bubble. Buoyed by low-interest rates, venture capital firms invested in thousands of companies.
- 10/20/2023
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BuzzFeed stock: The sad transition from a unicorn to a penny stock
- BuzzFeed (NASDAQ: BZFD) has had a dramatic collapse from a disruptor in the media space to a company on the verge of collapse. Its stock has crashed from an all-time high of $14.78 in December 2021 to $0.30.
- 09/22/2023
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BuzzFeed, Inc. (BZFD) Q2 2023 Earnings Call Transcript
- BuzzFeed, Inc. (NASDAQ:BZFD ) Q2 2023 Results Conference Call August 8, 2023 5:00 PM ET Company Participants Amita Tomkoria - SVP of IR Jonah Peretti - Founder, Chairman & CEO Marcela Martin - President Felicia DellaFortuna - CFO Operator Good day, ladies and gentlemen. Thank you for standing by.
- 08/12/2023
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Bad News Will Actually Be a Boost for These 3 Troubled Tech Stocks
- While we've all heard the phrase bad news is good news in the capital markets, for certain tech stocks rising from adversity, the adage may yield considerable shareholder profits. As a caveat, one should realize that companies that print red ink often do so for a reason.
- 07/31/2023
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Report: BuzzFeed Looking to Sell Complex Networks Websites for $150 Million
- BuzzFeed is reportedly looking to sell Complex Networks for 50 cents on the dollar. The digital media organization purchased the group of websites for $300 million two years ago and is now looking to sell them for $150 million, Seeking Alpha reported Wednesday (July 5), citing The Information.
- 07/05/2023
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BuzzFeed: I Bought A Speculative Position
- BuzzFeed: I Bought A Speculative Position
- 07/03/2023
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3 Companies That Are Now ‘Stocks to Buy' Following Layoffs
- Although it's an uncomfortable topic, job cuts – when performed correctly – could lead to greater efficiencies, which is why investors may want to target certain stocks to buy after layoffs. Again, I apologize ahead of time for the macabre nature of the discussion.
- 06/14/2023
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3 AI Stocks to Sell in June Before They Crash and Burn
- Artificial Intelligence has effectively transformed multiple sectors, but the meteoric rise of AI stocks has raised many eyebrows in financial circles. It has also led to an increasing focus on AI stocks to sell.
- 06/05/2023
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BuzzFeed is at risk of getting kicked off the Nasdaq because its stock has been performing so badly
- BuzzFeed could get kicked off the Nasdaq because its stock price is so low. The digital media company has until November 27 to raise its price or face delisting.
- 06/03/2023
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Buzzfeed stock price forecast as Vice Media files for bankruptcy
- Buzzfeed (NASDAQ: BZFD) stock price is hovering near the lowest level on record as concerns about the digital media industry rose. The shares were trading at $0.5400, which is about 98% below its all-time high.
- 05/15/2023
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BuzzFeed Inc. (BZFD) Q1 2023 Earnings Call Transcript
- BuzzFeed Inc. (NASDAQ:BZFD ) Q1 2023 Results Conference Call May 9, 2023 5:00 PM ET Company Participants Amita Tomkoria - SVP of IR Jonah Peretti - Founder, Chairman & CEO Marcela Martin - President Felicia DellaFortuna - CFO Operator Good afternoon, and welcome to the BuzzFeed, Inc. First Quarter 2023 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.
- 05/13/2023
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Buzzfeed stock jumps 7% following forecast, AI blueprint announcement
- Buzzfeed Inc. BZFD, -3.10% shares popped in the extended session Thursday after the digital media company forecast adjusted metrics for the year and said it was using more AI in its content. Buzzfeed shares rallied more than 7% after hours, following a 3.1% decline to close the regular session at 54 cents a share.
- 05/11/2023
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How the rivalry between Gawker and BuzzFeed drove a social media boom – and bust
- Ben Smith was BuzzFeed's editor-in-chief when it was at its peak. He explains how the groundbreaking site and its rivals changed the media – and sowed the seeds for their own demise
- 05/07/2023
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‘Like Icarus – now everyone is burnt': how Vice and BuzzFeed fell to earth
- Era of lofty valuations for upstart youth media appears to be over, with Vice ‘heading for bankruptcy' and BuzzFeed News shutting down
- 05/05/2023
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BuzzFeed, Vice woes signal crisis in digital-only media
- With the closure of BuzzFeed News and bankruptcy looming at Vice, the once promising world of free digital media finds itself at a crossroads, seeing ad revenues dry up at the same time as disappointed investors begin walking away.
- 05/04/2023
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Buzzfeed was valued in the billions
- BuzzFeed was once the empty-calorie, sugary glue that held the internet together. In many ways, BuzzFeed was the perfect name for the peddler of inoffensive listicles and memes; there was a certain endorphin rush associated with coming across the perfect top-10 list for you.
- 05/04/2023
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How the Internet Turned Us Into Horrible Investors
- What would happen if performance grading suddenly disappeared? No more dreaded annual job reviews
- 05/03/2023
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As Vice Media files for bankruptcy, how safe is Buzzfeed stock?
- Vice Media, once valued at over $5.7 billion is preparing to file for bankruptcy as soon as this week. According to the Wall Street Journal, the bankruptcy comes after the company struggled to find a buyer recently.
- 05/02/2023
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It might be Jonah Peretti's last chance to turn BuzzFeed around
- BuzzFeed's stock has fallen below $1 per share and faces the prospect of delisting unless the stock recovers.
- 04/30/2023
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Traffic review: Ben Smith on Bannon, BuzzFeed and where it all went wrong
- Now a co-founder of Semafor, formerly of Politico, BuzzFeed and the New York Times, the author expertly pulls readers in
- 04/29/2023
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Deepfake Drake, HatGPT and Ben Smith on the End of the BuzzFeed Era
- Is A.I. the future of the music industry? Musicians are split.
- 04/28/2023
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3 AI Stocks to Dump Before the AI Craze Cools Down
- Almost all artificial intelligence (AI) stocks have been hot in 2023 as speculation about the technology continues to drive hype around the businesses involved in AI development. New AI technology such as ChatGPT is indeed revolutionary, and people are still wondering what the implications are going forward since it can cut down on a lot of white-collar work and boost productivity.
- 04/27/2023
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2023 layoff tracker: The latest on which companies have announced job cuts
- BuzzFeed, Lyft, Whole Foods and Deloitte all recently announced layoffs affecting thousands of US workers. They join a growing list of companies cutting back on their workforce this year amid concerns about economic uncertainty, as well as the need to rightsize after going on a hiring spree during the pandemic.
- 04/25/2023
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The News About BuzzFeed News Matters More Than You Might Realize
- Plus we look at Softbank unwinding its investment in Alibaba.
- 04/24/2023
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The digital graveyard: BuzzFeed News joins sites hanging on in eerie afterlife
- The site will remain online as an archive, alongside the Gawker reboot, the Toast, and a host of other defunct outlets
- 04/24/2023
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AT&T, Netflix, BuzzFeed: Stocks That Defined the Week
- Here are seven major companies whose stocks moved on the week's news.
- 04/21/2023
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‘BuzzFeed News closing is a loss for a better-informed democracy,' professor says
- Syracuse University Newhouse School of Public Communications Magazine Chair Aileen Gallagher joins Yahoo Finance Live anchor Julie Hyman to discuss BuzzFeed shutting down its News division, pressures facing the digital media industry, the adoption of AI in media, and the outlook for Twitter.
- 04/21/2023
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Buzzfeed and Insider Reportedly Cutting Jobs Amid Advertising Slowdowns
- Two digital media organizations have reportedly made job cuts. Buzzfeed is shutting its news operation and eliminating 180 jobs, while Insider is cutting 10% of its staff, Bloomberg reported Thursday (April 20).
- 04/20/2023
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BuzzFeed to close news division, cut 15% of all staff
- Pulitzer Prize winning digital media company BuzzFeed will shut down its news division and cut another 15% of its staff across the company, adding to layoffs made earlier this year.
- 04/20/2023
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BuzzFeed News Shutting Down
- BuzzFeed News, a pioneer of the digital news landscape over the past decade, will shut down, the company's CEO said in a memo to staff Thursday morning, noting the business model of news tailored for social media had become too difficult to sustain.
- 04/20/2023
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Buzzfeed Shares Fall 20% After It Shuts Down News Business
- Buzzfeed CEO Jonah Peretti said the company is shutting down its news division as part of a 15% workforce reduction affecting 180 jobs.
- 04/20/2023
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BuzzFeed Layoffs 2023: What to Know About the Latest BZFD Job Cuts
- In another sign of the disjointed economic recovery following the Covid-19 pandemic, internet media firm BuzzFeed (NASDAQ: BZFD ) is suffering a steep market loss today. According to a CNBC report, an internal memo revealed that the company will lay off 15% of its staff.
- 04/20/2023
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BuzzFeed News shuttered in significant workforce reduction
- Buzzfeed Inc (NASDAQ:BZFD) has shut down its News division has been shut down as part of a move that saw its parent company slash 15% of its workforce Thursday. BuzzFeed CEO Jonah Peretti announced the decision in an email to staff, according to reports.
- 04/20/2023
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BuzzFeed News to close and parent company to make substantial layoffs
- Chief executive Jonah Peretti says in company-wide email BuzzFeed ‘can no longer continue to fund BuzzFeed News'
- 04/20/2023
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Buzzfeed is closing its news division
- Buzzfeed Inc is in focus on Thursday after CEO Jonah Peretti revealed that the company is closing its news unit. Peretti also disclosed that the Nasdaq-listed firm has decided to lay off about 15% of its employees.
- 04/20/2023
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BuzzFeed to lay off 15% of staff, shut down BuzzFeed News
- BuzzFeed Inc. BZFD, -21.85% said Thursday it was laying off about 15% of its workforce and winding down BuzzFeed News as a standalone company as founder and Chief Executive Jonah Peretti said the company has faced “more challenges than I can count in the past few years.” Chief Revenue Officer Edgar Hernandez and Chief Operating Officer Christian Baesler will leave, the company said.
- 04/20/2023
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BuzzFeed News Shutting Down
- The publication won a Pulitzer Prize in 2021.
- 04/20/2023
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BuzzFeed News shuts down as parent company lays off 15% of staffers
- "Moving forward, we will have a single news brand in HuffPost, which is profitable, with a loyal direct front page audience," CEO Jonah Peretti wrote.
- 04/20/2023
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New Strong Buy Stocks for April 13th
- BZFD, COCO, LW, GPK and STM have been added to the Zacks Rank #1 (Strong Buy) List on April 13, 2023.
- 04/13/2023
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BuzzFeed, Inc. to Release First Quarter 2023 Financial Results on Tuesday, May 9, 2023
- NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (NASDAQ: BZFD), a premier digital media company for the most diverse, most online, and most socially engaged generations the world has ever seen, will release its first quarter 2023 financial results on Tuesday, May 9, 2023, after the market closes. BuzzFeed, Inc. Founder and CEO Jonah Peretti, President Marcela Martin and CFO Felicia DellaFortuna will host a conference call to discuss the results at 5:00 PM ET.
- 04/11/2023
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BuzzFeed: Oversold Beyond Its Prospects
- BuzzFeed saw a revenue decline YoY but has still grown over the last 2 years, albeit in a choppy fashion. While consistently unprofitable, its cash burn rate is not so bad and it isn't set to go out of business any time soon.
- 04/08/2023
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The ‘explosive' AI trend is here to stay. These stocks are poised to benefit.
- The rise to prominence of ChatGPT has made artificial intelligence one of the key themes for companies in 2023, and numerous players are set to reap its benefits during the coming months.
- 03/30/2023
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BZFD Stock: 10.16% Drop After Hours Explanation
- The stock price of Buzzfeed Inc (NASDAQ: BZFD) fell by 10.16% after hours in the most recent trading session. This is why.
- 03/14/2023
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BuzzFeed, Inc. (BZFD) Q4 2022 Earnings Call Transcript
- BuzzFeed, Inc. (NASDAQ:BZFD ) Q4 2022 Results Conference Call March 13, 2023 5:00 PM ET Company Participants Amita Tomkoria - Senior Vice President of Investor Relations Jonah Peretti - Founder, Chairman and CEO Marcela Martin - President Felicia DellaFortuna - CFO Conference Call Participants John Blackledge - TD Cowen Jason Kreyer - Craig-Hallum Brent Navon - Bank of America Operator Hello, and welcome to the BuzzFeed, Inc. Fourth Quarter 2022 Earnings Conference Call. [Operator Instructions].
- 03/13/2023
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BuzzFeed stock drops on forecast; ‘majority' of cash at Silicon Valley Bank
- BuzzFeed Inc. BZFD shares dropped in the extended session Monday after the media company reported a revenue forecast that fell short of expectations and said the majority of its cash was held at Silicon Valley Bank. BuzzFeed shares fell as much as 9% after hours, following a 0.8% decline in the regular session to close at $1.28.
- 03/13/2023
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Why BuzzFeed Stock Plunged 33% Last Month
- BuzzFeed was up over 200% in January, so a pullback in February isn't surprising. A big investor also cut its stake in BuzzFeed, alarming the market.
- 03/06/2023
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Best Artificial Intelligence (AI) stocks to short in 2023
- AI stocks have done well in 2023 as investors bet on the growing industry following the success of OpenAI's ChatGPT. Most companies – and cryptocurrencies – with exposure to the industry have done well.
- 03/02/2023
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Comcast takes advantage of AI rally to sell more BuzzFeed shares
- Comcast Corp has cut its stake in BuzzFeed Inc by 8.5% 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 behind ChatGPT.
- 02/22/2023
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Comcast further trims its BuzzFeed position amid AI frenzy
- Comcast Corp. further pruned its stake in BuzzFeed Inc. in recent days, though to a smaller degree than with past stock sales.
- 02/21/2023
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Why BuzzFeed Stock Popped This Week
- The digital media company is still seeing volatility in both directions with traders reacting to its recent artificial intelligence announcements.
- 02/17/2023
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Best Penny Stocks To Buy Now? 3 To Watch After Big News
- Hot penny stocks to watch after big news this week. The post Best Penny Stocks To Buy Now?
- 02/15/2023
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BuzzFeed launches Infinity Quizzes, creating personalized stories powered by OpenAI
- BuzzFeed — the media site that made its name (literally) spinning out viral content — landed in the middle of the buzz itself last month when news leaked out that it would partner with the AI startup of the moment, OpenAI, to build a new AI-powered quiz format, building on the media company's very popular
- 02/14/2023
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The stock market hype machine has come for artificial intelligence
- Yahoo Finance Live's Julie Hyman breaks down the artificial intelligence hype that's driving investment and tech stocks.
- 02/07/2023
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Comcast sells nearly 6 million shares of its Buzzfeed stake amid sharp rally
- Comcast Corp. has sold part of its stake in Buzzfeed Inc., which has seen its shares surge in recent days amid enthusiasm for the publisher's artificial-intelligence efforts.
- 02/01/2023
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ChatGPT writing BuzzFeed articles may reduce some costs for the media firm but it won't be as profitable as investors think, Bank of America says
- BuzzFeed is still in its early days of experimenting with ChatGPT, and investors need to lower their expectations, Bank of America said.
- 02/01/2023
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2 Hot Stocks That Have Already More Than Doubled in 2023
- Two stocks that plummeted 98% and 87% in 2022 more than doubled in January.
- 02/01/2023
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BuzzFeed: Sell The Pop
- BuzzFeed's stock was up 300% in less than a week. The recent news is not that significant, and the stock price's reaction seems very exaggerated.
- 01/30/2023
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BuzzFeed writers react with a mix of disappointment and excitement at news that AI-generated content is coming to the website
- The decision to use tech from ChatGPT maker OpenAI to produce content is part of BuzzFeed's broader cost-cutting strategy in a challenging economy.
- 01/30/2023
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3 Stocks to Avoid This Week
- These investments seem pretty vulnerable right now.
- 01/30/2023
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How to Spot Multibagger Penny Stocks, 3 Tips and Tricks
- Use these tips for finding multibagger penny stocks The post How to Spot Multibagger Penny Stocks, 3 Tips and Tricks appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 01/30/2023
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The Impact of Market Trends on Penny Stocks Performance
- Understand how market trends impact penny stocks The post The Impact of Market Trends on Penny Stocks Performance appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 01/28/2023
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BuzzFeed stock continues to soar on news of Meta partnership, ChatGPT content generation
- Yahoo Finance anchors Dave Briggs, Seana Smith and Jared Blikre discuss BuzzFeed's skyrocketing stock amid news the company will be using A.I. to help with creating some content.
- 01/27/2023
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Up Almost 300% So Far This Week, Is It Too Late to Buy BuzzFeed Stock?
- The market's expectations were way too low.
- 01/27/2023
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BuzzFeed shares surge 120% on plans to embrace OpenAI
- BuzzFeed Inc. shares surged by a record on news that the digital-media company plans to use OpenAI to bolster some of its content creation.
- 01/27/2023
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BuzzFeed's stock soars another 73% as analysts weigh in on AI shift and Meta deal
- BuzzFeed Inc.'s stock soared another 73% on Friday to put it on track for a weekly gain of 283%, as analysts weighed in on news relating to a partnership with Facebook and artificial-intelligence initiatives with some bullish comments.
- 01/27/2023
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5 Investors Betting Big on BuzzFeed (BZFD) Stock Right Now
- Shares of Buzzfeed (NASDAQ: BZFD ) stock have been cleared for takeoff. Earlier this week, the media and entertainment company announced that it would begin using OpenAI's publicly available application programming interface (API) to assist with creating content, such as interactive quizzes.
- 01/27/2023
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BuzzFeed stock surges on plan to use ChatGPT parent OpenAI to create online content
- BuzzFeed will use AI tools to personalize its quizzes and other content based on the user.
- 01/27/2023
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Why Is Buzzfeed (BZFD) Stock Up Today?
- Buzzfeed (NASDAQ: BZFD ) stock is rising on Friday on reports that the company will use AI to generate content. According to an internal memo, Buzzfeed is planning to make use of OpenAI, the owner of ChatGPT, for content creation.
- 01/27/2023
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ChatGPT is about to write BuzzFeed content - and investors are loving it
- Insider's Phil Rosen explains why shares of the media company popped Thursday and how artificial intelligence is involved.
- 01/27/2023
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Why Some Investors Choose Penny Stocks Over Blue Chips
- Are penny stocks a better investment than blue chips? The post Why Some Investors Choose Penny Stocks Over Blue Chips appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 01/27/2023
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We asked ChatGPT to write a listicle in the style of BuzzFeed. It's obvious why Buzzfeed is going to start using OpenAI tech.
- BuzzFeed CEO Jonah Perett reportedly told staff it would use OpenAI tech to boost its quizzes and personalize some other content.
- 01/26/2023
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Buzzfeed stock surges 200% on plans to use OpenAI to write stories
- The digital media publisher announced cuts to its news division last year in an effort to boost profitability.
- 01/26/2023
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BuzzFeed Shares Shoot Up Nearly 200% As Company Goes All In On ChatGPT Craze
- The company, whose stock famously fell more than 90% within its first year of going public, plans to use artificial intelligence to improve its quizzes.
- 01/26/2023
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Why BuzzFeed Stock More Than Doubled Today
- Trading at a dirt cheap valuation, it didn't take much to send this stock flying.
- 01/26/2023
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Buzzfeed's shares soar as $10M deal with Facebook owner Meta creates a buzz
- Buzzfeed Inc (NASDAQ:BZFD) stock more than doubled in value early Thursday on news that Meta Platforms Inc (NASDAQ:FB) has reached a deal with the New York-based digital media company aimed at bringing more creators to its Facebook and Instagram platforms. Shortly after 1 pm in New York, Buzzfeed's shares traded 130% higher at $2.19, valuing the company at about $290 million.
- 01/26/2023
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BuzzFeed stock soars more than 90% after report it will use OpenAI to create content
- BuzzFeed Inc. stock BZFD, +134.61% rallied more than 90% on Thursday, after the Wall Street Journal reported that the news site is planning to rely on ChatGPT creator OpenAI to enhance its quizzes and generate other personalized content for its audiences. The paper cited a memo to staff from publisher Jonah Peretti who said he is planning to use more AI in the company's editorial and business operations in 2023.
- 01/26/2023
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Why Is BuzzFeed (NASDAQ:BZFD) Stock Up 35% Today?
- Buzzfeed (NASDAQ: BZFD ) shares jumped overnight on news of a content partnership with Meta Platforms (NASDAQ: META ). BZFD stock was trading at $1.35 per share pre-market on Jan. 26, while META stock was up slightly at $143.11.
- 01/26/2023
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Meta pays Buzzfeed nearly $10 million to generate content for Facebook, Instagram
- Facebook parent Meta Platforms Inc. is paying BuzzFeed Inc. millions of dollars as part of an effort to bring more creators to the social-media giant's platforms, according to people familiar with the situation.
- 01/25/2023
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BuzzFeed Becomes a Penny Stock
- After Buzzfeed Inc. (NASDAQ: BZFD) laid off 12% of its staff and reaffirmed its fourth-quarter guidance, shares of the online media company dropped to $0.95.
- 12/14/2022
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BuzzFeed cuts 12% of staff citing worsening econ conditions
- Digital media company BuzzFeed is cutting 12% of its workforce, citing worsening economic conditions.
- 12/06/2022
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Buzzfeed Layoffs 2022: What to Know About the Latest BZFD Job Cuts
- One of the hardest-hit companies this year, BuzzFeed (NASDAQ: BZFD ) continues to hover around its all-time lows. With significant pressure on the company, it's perhaps unsurprising to know Buzzfeed layoffs are now taking place.
- 12/06/2022
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BuzzFeed to cut 12% of its workforce
- BuzzFeed on Tuesday announced plans to cut its workforce by nearly 12%, or around 180 staffers.
- 12/06/2022
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BuzzFeed slashes 12% of its workforce, citing 'worsening macroeconomic conditions'
- BuzzFeed on Tuesday said it would lay off approximately 12% of its staff, making the digital news and entertainment conglomerate the latest media company to make painful cuts amid a deteriorating economic climate.
- 12/06/2022
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2022 Major Layoffs Grow: Morgan Stanley And BuzzFeed Reportedly Cut Jobs
- Forbes is tracking the biggest layoffs in the U.S. this year as companies react to fears of a looming recession.
- 12/06/2022
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BuzzFeed cutting 12% of workforce as CEO warns of downturn
- CEO Jonah Peretti said he expected the economic downturn to extend well into 2023.
- 12/06/2022
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BuzzFeed to cut 12% of staff, citing possible downturn that could extend 'well into 2023'
- BuzzFeed Inc. BZFD, -3.51% on Tuesday said it planned to cut roughly 12% of its staff, citing a shift to video content and the prospect of a downturn that could extend "well into 2023," Chief Executive Jonah Peretti said in a message to employees.
- 12/06/2022
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BuzzFeed laying off 12% of workforce to cut costs amid 'challenging macroeconomic conditions'
- Digital media company BuzzFeed said it's reducing its workforce by 12% in order to weather the economic downturn that it expects will continue into next year.
- 12/06/2022
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BuzzFeed Announces 12% Reduction Of Workforce
- BuzzFeed announced that it was cutting the size of its workforce by 12%, the latest media company to go through layoffs amid worsening economic conditions. In a filing with the SEC, the company cited “challenging macroeconomic conditions,” the completion of its acquisition of Complex Media Inc.
- 12/06/2022
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Buzzfeed CEO on going public via a SPAC merger
- CNBC's Julia Boorstin talks with Buzzfeed CEO and founder Jonah Peretti about why the media company is going public via a SPAC merger.
- 11/19/2022
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BuzzFeed, Inc. (BZFD) Q3 2022 Earnings Call Transcript
- BuzzFeed, Inc. (NASDAQ:BZFD ) Q3 2022 Results Conference Call November 14, 2022 5:00 PM ET Company Participants Amita Tomkoria - Senior Vice President of Investor Relations Jonah Peretti - Founder, Chairman and CEO Marcela Martin - President Felicia DellaFortuna - CFO Conference Call Participants Jason Kreyer - Craig-Hallum James Kopelman - Cowen and Company Brent Navon - Bank of America Operator Good afternoon, and welcome to the BuzzFeed Inc Third Quarter 2022 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.
- 11/15/2022
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BuzzFeed, Inc. to Participate in Sidoti Small-Cap Virtual Investor Conference
- NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (the “Company”) (NASDAQ: BZFD), a premier digital media company for the most diverse, most online, and most socially engaged generations the world has ever seen, today announced that its Founder and CEO Jonah Peretti, President Marcela Martin, and CFO Felicia DellaFortuna will present virtually at the upcoming Sidoti Small-Cap Virtual Investor Conference on Thursday, September 22, at approximately 1:45 PM ET. The company will also host virtual one-on-on
- 09/15/2022
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BuzzFeed, Inc. (BZFD) CEO Jonah Perett on Q2 2022 Results - Earnings Call Transcript
- BuzzFeed, Inc. (NASDAQ:BZFD ) Q2 2022 Earnings Conference Call August 9, 2022 5:00 PM ET Company Participants Amita Tomkoria - Senior Vice President-Investor Relations Jonah Perett - Founder and Chief Executive Officer Felicia DellaFortuna - Chief Financial Officer Marcela Martin - President Conference Call Participants Brent Navon - Bank of America Jason Kreyer - Craig-Hallum John Blackledge - Cowen Operator Good afternoon, and welcome to the BuzzFeed Inc. Second Quarter 2022 Earnings Conference Call. [Operator Instructions].
- 08/13/2022
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BuzzFeed, Inc. to Release Second Quarter 2022 Financial Results on Tuesday, August 9, 2022
- NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. to Release Second Quarter 2022 Financial Results on Tuesday, August 9, 2022
- 07/06/2022
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BuzzFeed Plunges Below Penny Stock Level
- Many people believe that penny stocks are those that trade below $1. That is not the official definition.
- 06/17/2022
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BuzzFeed is now a penny stock. 2 catalysts could change that
- The BuzzFeed (NASDAQ: BZFD) stock price has been in a sharp freefall in the past few months as investors worry about the ad-driven model. The once-storeyed media company has effectively become a penny stock as its shares are trading at $1.79, down from its all-time high of $14.8.
- 06/16/2022
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5 Hot Penny Stocks To Watch Right Now After Over $20M In Insider Buying
- Insiders are buying penny stocks right now. The post 5 Hot Penny Stocks To Watch Right Now After Over $20M In Insider Buying appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 06/08/2022
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Buzzfeed shares recoup some losses after Monday's 41% stock decline
- Shares of Buzzfeed went on a rollercoaster ride amid the expiration of a ban preventing executives and major institutional investors from selling their shares.
- 06/07/2022
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BuzzFeed's stock plunged Monday, putting the company's market cap below the $315 million that AOL paid for HuffPost in 2011
- BuzzFeed's stock tanked on Monday. One analyst speculated it was due to lockup agreements expiring and "non-traditional" investors in the company.
- 06/06/2022
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BuzzFeed Inc's (BZFD) CEO Jonah Peretti on Q1 2022 Results - Earnings Call Transcript
- BuzzFeed, Inc. (NASDAQ:BZFD ) Q1 2022 Earnings Conference Call May 16, 2022 5:00 PM ET Company Participants Amita Tomkoria – Senior Vice President-Investor Relations Jonah Peretti – Founder and Chief Executive Officer Felicia DellaFortuna – Chief Financial Officer Conference Call Participants John Blackledge – Cowen Jason Kreyer – Craig-Hallum Brent Navon – Bank of America Operator Good afternoon and welcome to BuzzFeed Inc's First Quarter 2022 Earnings Conference Call. At this time, all participants are in a listen-only mode.
- 05/16/2022
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BuzzFeed Q1 Earnings Highlights: Revenue Miss, Time Spent By Users Declines, Guidance And More
- Digital media company BuzzFeed (NASDAQ: BZFD) reported first quarter financial results after market close Monday. Here are the key highlights for investors.
- 05/16/2022
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BuzzFeed, Inc. to Present at Upcoming Investor Conferences
- NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. to Present at Upcoming Investor Conferences
- 04/25/2022
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BuzzFeed, Inc. to Release First Quarter 2022 Financial Results on Monday, May 16, 2022
- NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. to Release First Quarter 2022 Financial Results on Monday, May 16, 2022
- 04/21/2022
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BuzzFeed News app shuts down
- The BuzzFeed News app has sent its final notification.
- 04/02/2022
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BuzzFeed News union votes to strike as job cuts loom
- The union representing journalists in BuzzFeed's news division have overwhelmingly voted to strike just days after three of the site's top editors resigned — with buyouts and layoffs likely at the money-losing operation. “Today, our unit came together and voted overwhelmingly to authorize a strike,” read a Twitter post by the BuzzFeed News Union.
- 03/29/2022
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More job cuts and departures at BuzzFeed's news division; top editors leave
- BuzzFeed has announced another round of job cuts in its rapidly shrinking newsroom in response to calls from its owners to reduce costs. Editor-in-chief Mark Schoofs and Tom Namako, his deputy, are among those leaving with voluntary redundancy being offered to encourage more departures.
- 03/23/2022
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Buzzfeed shares jump over 6% amid news of journalist job cuts
- BuzzFeed said it was laying off about 1.7% of its total workforce and offering voluntary buyouts in its news division.
- 03/23/2022
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Buzzfeed share price crawls back after earnings. Is it a good buy?
- The Buzzfeed (NASDAQ: BZFD) stock price is crawling back after it crashed to an all-time low. It rose by over 6% on Tuesday and by 4.3% in extended hours after it published its quarterly results.
- 03/23/2022
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Buzzfeed shares jump over 6% amid news of journalist job cuts
- BuzzFeed said it was laying off about 1.7% of its total workforce and offering voluntary buyouts in its news division.
- 03/22/2022
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BuzzFeed shareholders urged the company's CEO to shut down its money-losing, award-winning news division: report
- On Tuesday, BuzzFeed announced layoffs affecting 1.7% of its workforce and calls for voluntary buyouts in its news division.
- 03/22/2022
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BuzzFeed cutting jobs, top editors leaving news division
- BuzzFeed is reorienting and shrinking its news division as the digital media company best known for its lighthearted quizzes strives to increase its profitability.
- 03/22/2022
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BuzzFeed, Inc. (BZFD) CEO Jonah Peretti on Q4 2021 Results - Earnings Call Transcript
- BuzzFeed, Inc. (BZFD) CEO Jonah Peretti on Q4 2021 Results - Earnings Call Transcript
- 03/22/2022
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BuzzFeed investors have pushed CEO Jonah Peretti to shut down entire newsroom, sources say
- BuzzFeed's news organization has about 100 employees and loses roughly $10 million a year, according to people familiar with the matter.
- 03/22/2022
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BuzzFeed says people are spending less time on Facebook
- Meta's core Facebook app has been pressured to keep up with competitors, including its own Instagram and the fast-growing TikTok.
- 03/22/2022
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BuzzFeed Scaling Back In News As Several Editors Depart, Some Layoffs Planned
- Jonah Peretti, founder and CEO of digital publisher BuzzFeed announced plans to downsize its news business amid the departure of several editors. Companywide workforce reductions at the digital publisher, which went public last year via a SPAC deal, will impact about 1.7% of its total workforce including small cuts at both BuzzFeed Video and Complex...
- 03/22/2022
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BuzzFeed News Top Editor Mark Schoofs to Leave Ahead of Newsroom Cuts
- 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.
- 03/22/2022
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Dow Jones Newswires: BuzzFeed expects 30% revenue growth in the first quarter
- Digital-media publisher BuzzFeed Inc. said it expects reported revenue to grow by about 30% in the current quarter.
- 03/22/2022
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BuzzFeed is now a public stock, but can it build a long-term digital media winner?
- BuzzFeed's next act will require turning its tech start-up roots into a large media company on a landscape that continues to be disrupted.
- 03/10/2022
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6 Penny Stocks To Buy For Under $5 With Unusual Options Activity
- Hot stocks with unusual options volume today. The post 6 Penny Stocks To Buy For Under $5 With Unusual Options Activity appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 02/18/2022
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BuzzFeed, Inc. To Release Fourth Quarter And Full Year 2021 Financial Results on Tuesday, March 22, 2022
- NEW YORK--(BUSINESS WIRE)---- $BZFD--BuzzFeed, Inc. (NASDAQ: BZFD), home to the best of the Internet, will release fourth quarter and full year 2021 financial results on Tuesday, March 22, 2022 before the market opens. In conjunction with the release, BuzzFeed, Inc. Founder and CEO Jonah Peretti and CFO Felicia DellaFortuna will host a conference call to discuss the results. The conference call will be held at 8:30 AM ET, after results are released. The call will be available via webcast at investors.buz
- 02/03/2022
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10 Top Penny Stocks To Buy Under $5 That Are Household Names
- Are these household stocks under $5 on your watch list in 2022? The post 10 Top Penny Stocks To Buy Under $5 That Are Household Names appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 01/26/2022
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5 Sizzling Stocks to Buy Now Trade Under $10 and Have Huge Upside Potential
- While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.
- 01/22/2022
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BuzzFeed Ropes In Melanie Summers From Driver Studios As SVP, Consumer Products
- BuzzFeed Inc (NASDAQ: BZFD) hired Melanie Summers, previously a chief brand officer of content licensing company Driver Studios, to the role of SVP of consumer products effective January 10, AdWeek reports. Summers will lead global brand licensing and product development efforts at BuzzFeed, which officially includes Complex Networks.
- 01/21/2022
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BuzzFeed names Christian Baesler as COO
- BuzzFeed Inc on Thursday named Christian Baesler as chief operating officer, filling a role that has remained vacant for over seven years just a month after the digital media company's disappointing debut on the Nasdaq.
- 01/06/2022
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7 Reasons BuzzFeed's Debut Crashed This Week
- You won't believe reason No. 4.
- 12/11/2021
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Why BuzzFeed's poor debut doesn't necessarily spell bad news for new media
- BuzzFeed's success will grease the wheels for consolidation, but even a middling performance by the company will help give rivals a needed valuation comparison.
- 12/11/2021
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Buzzfeed Lands on NASDAQ With a Thud
- Most of Buzzfeed's private equity funders chose to cash out when they could. The digital media company raised most of its money with convertible stock, which is rapidly falling in value.
- 12/10/2021
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BuzzFeed Needs To Scale To Grow And Be Profitable
- BuzzFeed Needs To Scale To Grow And Be Profitable
- 12/10/2021
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BuzzFeed Stock Drops Nearly 24 Percent
- The speed and depth of the decline in BuzzFeed's stock may in part be because there is a small number of shares available to trade.
- 12/09/2021
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BuzzFeed has a first day to forget
- BuzzFeed Inc, the digital media company, plummeted over 22% on its first day as a listed company after merging with special purpose acquisition company (SPAC) 890 5th Avenue Partners Inc. Trading under the ticker ‘BZFD', the shares began trading at US$10.99 after the merger and spiked 33% to US$14.62 before investors jumped ship, with the price closing the session at US$8.56.
- 12/07/2021
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BuzzFeed falls 11% in trading debut after going public in merger with blank check firm
- The company saw a wave of investor withdrawals before it went public, the Wall Street Journal found.
- 12/06/2021
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BuzzFeed shares sink in IPO after spooked investors rock SPAC merger
- Shares of BuzzFeed plunged as much as 17 percent in their Nasdaq debut on Monday, after its merger with a blank-check company was hit by a flurry of investor withdrawals last week
- 12/06/2021
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BZFD Stock: BuzzFeed Starts Trading Today — And It Just Lost a Lot of Money
- BuzzFeed started strong in its trading debut but it was just as quick to fall. Here's what you should know about evaluating BZFD stock.
- 12/06/2021
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Buzzfeed's shares slump after Nasdaq debut
- CNBC's Leslie Picker reports on Buzzfeed's disappointing public market debut as shares dip after debut.
- 12/06/2021
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OMG! LOL! BuzzFeed's trading on the Nasdaq
- At Nasdaq Monday, BuzzFeed CEO Jonah Peretti — flanked by Instagram celebrity "Dude with Sign" and people holding oversized yellow "OMG" and "win" signs — rang the opening bell for BuzzFeed's debut as a public company. Simultaneously at BuzzFeed's headquarters in New York, an acrobatic cat performed.
- 12/06/2021
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BuzzFeed shares slump in debut after troubled SPAC merger
- Shares of BuzzFeed Inc slumped 13% in their Nasdaq debut on Monday, after the digital media company completed a $1.5 billion blank-check merger last week that saw a majority of investors pull out their money.
- 12/06/2021
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BuzzFeed shares fall after brief surge on first day of trading after SPAC merger
- Shares of BuzzFeed, a digital media company, fell 12% Monday after going public through a special purpose acquisition company.
- 12/06/2021
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BuzzFeed CEO Jonah Peretti on SPAC merger and path to profitability
- BuzzFeed CEO Jonah Peretti joins 'Squawk Box' to break down the company's debut on the public markets on Monday.
- 12/06/2021
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BuzzFeed shares trading on Monday after SPAC deal closes
- BuzzFeed Inc. BZFD, -2.93% said its shares would begin trading Monday on the Nasdaq after the digital media company closed its business combination with 890 5th Avenue Partners Inc., a special purpose acquisition company. The company's roster of media properties includes BuzzFeed, BuzzFeed News, Complex Networks, HuffPost and Tasty.
- 12/06/2021
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ASX set to continue Friday's rise as Buzzfeed to list on Nasdaq and Trump scores $1.5 billion for social media venture
- The S&P/ASX200 closed 0.2% higher on Friday, up 16 points at 7,241.2 with energy and finance stocks the big winners. The market is expected to continue the upward trend in morning trading, despite Wall St finishing lower on Friday due to a sell-off of tech companies and non-farm payrolls missing estimates.
- 12/05/2021
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BuzzFeed to go public after raising less money than expected
- American digital company BuzzFeed, known for its viral content and journalism, will go public on Monday after it initially raised less money than expected.
- 12/04/2021
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