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BuzzFeed agrees to buy HuffPost in latest online media merger

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BuzzFeed agrees to buy HuffPost for undisclosed amount

BuzzFeed has agreed to buy HuffPost the companies said Thursday, uniting two of the largest players in digital media in the latest example of consolidation in the sector.

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BuzzFeed lays off 47 HuffPost workers less than a month after acquisitionJonah Peretti announced move in staff meeting on Tuesday, saying layoffs would ‘fast-track the path to profitability’ for HuffPost Bro fuck buzzfeed I can’t believe how insensitive these big journalism corporations are 😢 Unfortunate. I hate that this had to happen
Source: The Guardian - 🏆 84. / 53 Read more »