BuzzFeed News to shut down, as CEO cites missteps. BuzzFeed is shutting down its BuzzFeed News division as part of a wider effort to turn the struggling media group around and to squeeze profits from a company that's lost 90% of its value since it was listed in 2021. This is what happens when you post junk fake news.
BuzzFeed News to shut down, as CEO cites missteps. BuzzFeed is shutting down its BuzzFeed News division as part of a wider effort to turn the struggling media group around and to squeeze profits from a company that's lost 90% of its value since it was listed in 2021. This is what happens when you post junk fake news.