buzzfeed
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Verizon Media, a unit of Verizon Communications, said Thursday it would sell its news website HuffPost to BuzzFeed.
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Buzzfeed CEO Jonah Peretti is going for a second round of furloughs among other cost-cutting measures in a bid to keep the news organization’s coronavirus-related losses under $20 million this year. Starting on May Peretti will furlough 68 US employees for three months. Some overseas staffers will also be furloughed over varying periods. Peretti will …