BuzzFeed rode a wave of VC investment to become a force, but never found a path to profitability. Now it faces a fate like other failed digital-media darlings of the past. BuzzFeed CEO Jonah Peretti ...
When the deal closes (expected by the end of this month), Allen will become BuzzFeed‘s chairman and CEO, replacing co-founder Jonah Peretti, who will become president of BuzzFeed AI. Since its IPO in ...
In 2012, BuzzFeed was ready to take over the media world. The irreverent news website had seemingly cracked the code for social-media virality, and would soon become one of the first digital-media ...