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Vivek Ramaswamy Has a Big Stake in BuzzFeed

Struggling media company's shares jumped more than 20% Wednesday

(Newser) - After he dropped out of the race for the Republican nomination earlier this year, Vivek Ramaswamy began amassing a stake in BuzzFeed, according to a regulatory filing released this week. Shares in the media company jumped more than 20% Wednesday after it emerged that the entrepreneur had acquired a 7....

BuzzFeed Selling Off Complex, Laying Off Workers

Remaining workforce will be reduced by 16%, company announces

(Newser) - The latest layoff news comes from BuzzFeed, which is planning to reduce its workforce by 16%, which amounts to dozens of employees being let go, per the Guardian . The reduction will apply to the media group's remaining workers, as the company also just sold off Complex, a publisher it...

BuzzFeed News Is Dead
BuzzFeed News
Is Dead
UPDATED

BuzzFeed News Is Dead

BuzzFeed is shuttering its newsroom

(Newser) - BuzzFeed News is being shut down, BuzzFeed founder and CEO Jonah Peretti announced in an email sent to staff on Thursday. He wrote that "we are reducing our workforce by approximately 15% today across our Business, Content, Tech, and Admin teams, and beginning the process of closing BuzzFeed News....

BuzzFeed Goes Big on Artificial Intelligence

Site will use chatbot to generate some content, and stock soars

(Newser) - The media company BuzzFeed says it plans to aggressively ramp up content generated by artificial intelligence instead of humans, and investors sound thrilled with this brave new world. The company's stock soared nearly 200% on Thursday to a seven-month high after the news broke, reports Forbes . For context, however,...

BuzzFeed Employees Seek Millions Over Stock Snafu

Group of former, current employees say they were unable to sell on IPO day

(Newser) - In the early days at BuzzFeed, employees labored with relatively low pay and dreams of IPO day, when their stock options would make them whole. This is the common arrangement in many start-ups. Terms like SPAC, stock transfer agent, and arbitration probably did not figure into employees’ thinking at the...

One Digital Media Giant Acquires Another

BuzzFeed to buy HuffPost

(Newser) - BuzzFeed is buying HuffPost from Verizon as part of a bigger deal that has the wireless giant investing in the digital-media company, per the AP . BuzzFeed and Verizon did not disclose terms of the deal. Verizon will be a minority shareholder in BuzzFeed, and the two companies will partner on...

Guy Fieri: The Only Food 'Hero' We Need
Guy Fieri 
Is the 'Hero
We Need'
OPINION

Guy Fieri Is the 'Hero We Need'

Writing for BuzzFeed, Scaachi Koul goes to bat for the often-maligned celebrity chef

(Newser) - Guy Fieri has somehow morphed into a scapegoat of sorts over the years: The affable celebrity chef has been the butt of existential jokes , the recipient of bad restaurant reviews , and the subject of some odd headlines . But we've got the 52-year-old foodie all wrong, writes Scaachi Koul for...

He Had a New Scoop on R. Kelly. One Problem
He Had a New Scoop
on R. Kelly. One Problem
IN CASE YOU MISSED IT

He Had a New Scoop on R. Kelly. One Problem

Jim DeRogatis describes the long and winding path to BuzzFeed

(Newser) - When it comes to major scoops, Jim DeRogatis has had a few. The music critic famously received a fax in November 2000 that made a detailed but anonymous allegation: "Robert’s problem is young girls." Robert, in this case, was R. Kelly, and the story the Chicago Sun-Times...

Tony Robbins Gets His Own #MeToo Moment
BuzzFeed Is Out
With Damning
Report on
Tony Robbins
INVESTIGATION

BuzzFeed Is Out With Damning Report on Tony Robbins

Self-help guru accused of sexual harassment, verbally abusive tirades

(Newser) - Tony Robbins wants you to come to his seminars and immerse yourself in his motivational mantras, but from BuzzFeed comes the story he "doesn't want you to read." It's the result of a yearlong probe into the self-help life coach, complete with allegations of sexual harassment...

Over 1K Media Workers Get the Axe
For 1K in Media, It's Bad News

For 1K in Media, It's Bad News

Layoffs hit BuzzFeed, HuffPo, and others

(Newser) - For many reporters, it's been a hard week. Roughly 1,000 editors, writers, and other media employees were laid off, and more cuts may be coming, the Cut reports. It began Wednesday when Verizon—the owner of AOL, Yahoo, and the Huffington Post—said 7% of its staff was...

Mueller Sought Evidence of BuzzFeed Story, 'Found None'

'Washington Post' takes a look at what led to special counsel's extraordinary rebuttal

(Newser) - In the days since BuzzFeed's dizzying report that President Trump directed Michael Cohen to lie to Congress, Robert Mueller's office issued a statement saying the report was "not accurate," and clarity doesn't appear to be emerging. The Washington Post takes a look at what drove...

Mueller Almost Never Speaks About His Case. He Just Did

Special counsel offers 'rare' public statement refuting part of BuzzFeed report on Trump, Cohen

(Newser) - The BuzzFeed report that had all of DC abuzz was roundly attacked by Trump supporters Friday after it alleged President Trump had instructed former attorney Michael Cohen to lie to Congress in 2017 about efforts to build a condo tower in Moscow. On Friday, a new detractor of the report...

Trump Defenders Go After BuzzFeed After Big Report
After Damning Report, 3 Key
Words Are in Circulation
the rundown

After Damning Report, 3 Key Words Are in Circulation

'If it's true.' BuzzFeed story about Trump has DC buzzing with the implications

(Newser) - BuzzFeed came out on Thursday night with a scoop about the Robert Mueller investigation that has most pundits in agreement on thing: It's very bad news for President Trump, if it's true. The latter point is a crucial one, given that the report is based on two...

Report: UAE Hired Americans to Assassinate People
It's 'Almost Like
a Murder Squad'
longform

It's 'Almost Like a Murder Squad'

BuzzFeed News digs into the alleged actions of the Spear Operations Group

(Newser) - It's "almost like a murder squad," an incredulous former CIA official told BuzzFeed News . The site had called him for comment as it dug into a potential bombshell of a story: that former elite US special operations fighters were assassinating high-profile figures in Yemen, but not as...

Trump Lawyer's Claim 'Utter Fiction,' Says Daniels' Lawyer

A Trump Organization attorney has been linked to adult film actress's case

(Newser) - Yet another twist in the Stormy Daniels case: Newly released documents link a Trump Organization lawyer to an agreement to block the adult film star from discussing her alleged affair with President Trump, NBC News reports. Assistant general counsel Jill Martin filed a document as part of confidential arbitration proceedings...

Trump's Lawyer Sues Over Controversial Dossier

While Ben Smith of BuzzFeed defends decision to publish

(Newser) - The infamous dossier about then-candidate Donald Trump continues to generate a slew of new headlines. On Tuesday, President Trump's personal attorney sued the research firm that compiled the dossier along with BuzzFeed, which made it public. In his separate suits against Fusion GPS and the media outlet, attorney Michael...

Major US Massage Chain Hit With Sexual Assault Scandal
Major US Massage
Chain Hit With
Sexual Assault
Scandal
INVESTIGATION

Major US Massage Chain Hit With Sexual Assault Scandal

Nearly 200 complaints, suits filed against Massage Envy for assaults, mismanagement of complaints

(Newser) - What one would expect when frequenting a place called Massage Envy: a massage. What one absolutely wouldn't expect: to be sexually assaulted. Yet per an investigation by BuzzFeed , the nation's largest massage franchise chain, its employees, and individual spas have racked up more than 180 police reports, lawsuits,...

BuzzFeed Is No Longer 'Too Lit,' Legally Speaking

'New York Times' lawyers contact BuzzFeed over new slogan

(Newser) - If anyone asks—especially lawyers for the New York Times—BuzzFeed's new Twitter Live show is no longer "too lit for print." Mashable reports BuzzFeed has removed the slogan for its show, AM to DM, from all graphics after the Times' lawyers got in touch. For more...

BuzzFeed Out With Damning Report on R. Kelly

Parents accuse him of keeping their daughters in a 'cult'

(Newser) - Singer R. Kelly is no stranger to controversy, and a lengthy new report at BuzzFeed has just served up a huge new portion. The bombshell allegation: Parents say the 50-year-old singer is keeping young women in an abusive "cult" at his various properties and controlling their every move. The...

At 'Rogue' Clinic, Requests for Poop Milkshakes Are Normal

At least they're not taken orally

(Newser) - Preparing the sample takes about 45 minutes. A little water is added to the frozen brown mass and blended with a hand mixer until the substance is just thicker than a milkshake. The next part takes less than five minutes: A syringe collects the slurry, then puts it into a...

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