Check out the companies making headlines in midday trading Tuesday. MENLO PARK, CALIFORNIA – FEBRUARY 02: A security guard stands next to a sign at Meta headquarters on February 02, 2023 in Menl...
Tag: BuzzFeed
ChatGPT Has Sparked an AI Craze. How to Build a Long-Term AI Portfolio.
Artificial intelligence has sparked new competition in internet search—for the first time in decades. Here’s how to build an AI portfolio. Feb. 10, 2023 6:06 pm ET It has been more than 70 years...
BuzzFeed Shares Shoot Up 120% As Company Goes All In On ChatGPT Craze
Topline BuzzFeed’s stock surged to a seven-month high Thursday as the online media company vowed to invest heavily in artificial intelligence-driven content, with the rally from the once left-for-dead...
BuzzFeed stock rises more than 120% after company announces plans to use ChatGPT
BuzzFeed (BZFD) is planning to heavily lean on AI-generated content. News that sent shares of the company exploding higher, rising as much as 150% in afternoon trade. According to an internal memo obt...
Vice Media restarts sale process at lower valuation
Vice Media offices display the Vice logo in Venice, California. Mario Tama | Getty Images Vice Media is restarting its sale process after earlier interested bidders balked at the initial price tag, ac...
BuzzFeed to cut 12% of its workforce
The BuzzFeed website on a smartphone arranged in Hastings-on-Hudson, New York, on Monday, Dec. 6, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images BuzzFeed on Tuesday announced plans to cut its w...
Semafor debuts in tough media environment
Ben Smith, left, and Justin Smith Source: Semafor Semafor, a new digital media company with a focus on global news for college-educated readers, debuted Tuesday with intentions to bring transparency a...
Coinbase, Roblox, Wendy’s and more
Check out the companies making headlines in midday trading. Coinbase reported a 27% decline in revenues in the first quarter as usage of the platform dipped. Chesnot | Getty Images Coinbase – Shares o...
Wendy’s, Coinbase, Buzzfeed and more
Check out the companies making headlines before the bell: Wendy’s (WEN) – Wendy’s shares fell 1% in premarket trading following a mixed quarter, which saw the restaurant chain report bette...
Vox Media cuts staff, slows down hiring as recession fears grow
Jim Bankoff, chairman and chief executive officer of Vox Media Inc. David Paul Morris | Bloomberg | Getty Images Just a month ago, media executives expressed optimism that their companies were well po...
Can media companies survive a recession? Executives say yes
Delegates wait in line at Cannes Lions International Festival of Creativity, Cannes, France, June 2019 Cannes Lions While media executives are meeting with advertising leaders this week over glasses o...
BuzzFeed is now a penny stock. 2 catalysts could change that
The BuzzFeed (NASDAQ: BZFD) stock price has been in a sharp freefall in the past few months as investors worry about the ad-driven model. The once-storeyed media company has effectively become a penny...
Seth Green pays $300,000 to recover stolen Bored Ape: Buzzfeed News
Actor Seth Green paid 165 ETH (around $297,000 at the time) to recover his Bored Ape NFT, which had previously been stolen in a phishing attack. Green had negotiated with the alleged entity who stol...
Target, Kohl’s, Peloton and more
FILE PHOTO: Shoppers exit a Target store during Black Friday sales in Brooklyn, New York, U.S., November 26, 2021. Brendan Mcdermid | Reuters Check out the companies making headlines in midday tradin...
Target, J.M Smucker and more
Take a look at some of the biggest movers in the premarket: Target (TGT) – Target announced a series of moves to “right-size” its inventory levels, including additional markdowns and cance...
Buzzfeed share price crawls back after earnings. Is it a good buy?
The Buzzfeed (NASDAQ: BZFD) stock price is crawling back after it crashed to an all-time low. It rose by over 6% on Tuesday and by 4.3% in extended hours after it published its quarterly results. The ...
BuzzFeed investors have pushed CEO Jonah Peretti to shut down newsroom
BuzzFeed founder and CEO Jonah Peretti Manuel Blondeau | AOP.Press/Corbis | Getty Images BuzzFeed is shrinking its money-losing news organization, the company announced Tuesday, amid what people famil...
Stock futures inch higher after Powell says bigger hikes possible
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, March 21, 2022. Brendan McDermid | Reuters Stock futures inched higher in overnight trading after Federal Reserve Chai...
Yuga Labs CEO: BuzzFeed Outing Bored Ape Founders Was ‘Very Very Dangerous’
Nicole Muniz, CEO of Yuga Labs—the company behind the Bored Ape Yacht Club NFT collection—criticized Buzzfeed for revealing the identities of the Bored Ape founders. “Releasing their identities and f...
BuzzFeed Dox Bored Ape Yacht Club Founders for No Good Reason
The previously pseudonymous creators of the Bored Ape Yacht Club (BAYC) have been doxxed by BuzzFeed. The report shares an opinion by a Neo-Nazi conspiracy theorist, despite finding no evidence to sup...
Bitcoin And Ethereum Left In The Dust By XRP And Dogecoin Rival Shiba Inu Price Surge
The following is an excerpt from the daily CryptoCodex email newsletter. Sign up now for free here Cryptocurrency prices are soaring this morning, continuing their rally from the end of last week. The...
BuzzFeed backlash after ‘doxxing’ of Bored Ape Yacht Club founders
American Internet media and entertainment company Buzzfeed has revealed the identities of two of the four original Bored Ape Yacht Club (BAYC) NFT collection founders “Gordon Goner” and “Gargamel” as ...
BuzzFeed Outs Bored Ape Yacht Club Founders: Doxxing or Journalism?
Illustration by Mitchell Preffer for Decrypt Everyone knows about Bored Ape Yacht Club (BAYC), the collection of 10,000 ape avatars that have become the most prestigious—and most expensive—NFT collect...