• Buzzfeed to acquire HuffPost from Verizon Media in stock deal

    Buzzfeed to acquire HuffPost from Verizon Media in stock deal

    Verizon Media, a unit of Verizon Communications, said Thursday it would sell its news website HuffPost to BuzzFeed.
  • Buzzfeed furloughing 68 staffers for three months, more cuts planned

    Buzzfeed furloughing 68 staffers for three months, more cuts planned

    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 …