May 23, 2024 Vivek Ramaswamy spent $3.3 million to buy 8% of BuzzFeed. How much damage could he do with that stake? It may be a small fraction of the company, but activist investors in Apple and ExxonMobil have accomplished a lot, with a lot less. BY Clint Rainey Update, 5/23/24: After this article was published, … Continue reading Vivek Ramaswamy spent $3.3 million to buy 8% of BuzzFeed. How much damage could he do with that stake?
Category Archives: BuzzFeed
BuzzFeed News is closing up shop as the company nurses its bottom line, enlists ChatGPT
By Connie Lin April 20, 2023 BuzzFeed Inc. will close down its journalism venture, BuzzFeed News, the company’s cofounder and chief executive Jonah Peretti revealed on Thursday, in yet another grim reckoning for the digital-media industry. Spun out of BuzzFeed over a decade ago, the News unit was credited with bringing prestige to the … Continue reading BuzzFeed News is closing up shop as the company nurses its bottom line, enlists ChatGPT