The company cited challenges including recession in the tech sector and the struggling stock market, with CEO Jonah Peretti admitting he was partly at fault for the closure.
Peretti admitted that he had decided"to overinvest in BuzzFeed News because I love their work and mission so much." BuzzFeed, an American digital company created in 2006, first became known for its lists and topical quizzes.
Source: Tech Daily Report (techdailyreport.net)
Excellent news. Go Woke, Go broke 🤣 they really went into WOKE agenda.
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