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The Latest Breaking News from BuzzFeed News

TikTok's CEO used to work for Mark Zuckerberg as a Facebook intern. Just one decade later, he's become one of Meta's fiercest competitors

Shou Zi Chew interned at Facebook during his time at Harvard Business School.

Fortune

The US TikTok ban – a full timeline

Every time TikTok has clashed with the US government, from COPPA violations to the potential ban

Tom’s Guide

TikTok is under investigation by the FTC over data practices and could face a lawsuit

A person familiar with the matter says the Federal Trade Commission is investigating TikTok over its data and security practices

The Independent UK

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Is journalism disappearing? These top educators have a lot to say about that

The leaders of six journalism schools discuss the ongoing media bloodbath, the cost of a journalism degree, and how to prepare journalists for the future.

WEKU

Ben Smith's One Neat Trick for Going Viral

The Semafor editor and former BuzzFeed News editor in chief on the online media explosion of the 2000s.

Reason

Brian Merchant: What it looks like when jobs disappear in the shadow of AI

What will it look like when AI comes for your job? How will it happen? Will it happen at all? These are the questions on so many minds in the age of OpenAI and Google's Bard, of the suddenly ubiquitous text and image generators such as ChatGPT and Midjourney.

Los Angeles Times

These women were raped and reported the crimes. America’s police turned them into suspects

A new Netflix documentary sheds light on the cases of women who went to the police and reported being assaulted, only to be accused of false reporting. Clémence Michallon speaks to journalist Rachel de Leon, who investigated their stories

The Independent UK

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Vice is going bankrupt, BuzzFeed News is dead. What does it mean?

When it comes to news in the digital age, which journalism model will work?

The Guardian - US

Vice Media files for bankruptcy, sale planned to ‘lender consortium’

Vice Media officially filed for bankruptcy today in the United States to facilitate its sale to a lender consortium. A statement from the company indicated it filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the southern district of New York.

Newslaundry

The FAST and the Delirious: Why the Stampede to Free Ad-Supported Platforms Looks Like a Rerun of the Streaming Wars (Bloom)

Or, as one industry denizen tells us, being ad-supported is 'a hard way to make a living'

Broadcasting & Cable

All the Exciting Media Outlets Are Dying. What the Hell Comes Next?

Once-giant digital outlets like BuzzFeed News and Vice are either dead or declining. The media landscape looks bleaker than ever

The Walrus

In BuzzFeed fashion, 5 takeaways from Ben Smith's 'Traffic'

In his new book, the former editor-in-chief of Buzzfeed News lands on his promise to chronicle the rise of digital media through the story of a snowballing, head-to-head competition.

WEKU

The digital media bubble has burst. Where does the industry go from here?

Buzzfeed, Vice, Gawker and Drudge Report are all traffic-war casualties, but they succeeded in shaking up the media landscape

The Guardian - US

‘Like Icarus – now everyone is burnt’: how Vice and BuzzFeed fell to earth

Era of lofty valuations for upstart youth media appears to be over, with Vice ‘heading for bankruptcy’ and BuzzFeed News shutting down

The Guardian - UK

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Reason

Ben Smith: Why It Matters that Gawker, BuzzFeed News, and Breitbart News Failed

A decade ago, online startups seemed poised to vanquish legacy media. That didn't happen.

The Week

What the demise of Buzzfeed News tells us about the future of digital journalism

Sean Dodson, senior lecturer in journalism at Leeds Beckett University, explains how the end of the innovative news website points towards a darker future for digital media.

The Guardian - UK

Vice Media reportedly headed for bankruptcy

Plan comes amid waves of media layoffs and closures, including shuttering of BuzzFeed News

The Street

Buzzfeed CEO Reveals Bold Prediction For the Future of Media

Jonah Peretti thinks "we are at the end of an era."

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The Guardian - US

Traffic review: Ben Smith on Bannon, BuzzFeed and where it all went wrong

Now a co-founder of Semafor, formerly of Politico, BuzzFeed and the New York Times, the author expertly pulls readers in

WEKU

Hard times are here for news sites and social media. Is this the end of Web 2.0?

A steep decline in advertising is forcing a historic shakeup in digital news and social media, and leading some to imagine navigating the internet without the likes of Google or Facebook.

The Conversation

Buzzfeed News: sad demise of a clever, innovative site that led the way in digital journalism

Buzzfeed News, once a shining star of digital journalism, has announced it will shut its award-winning news division for good, laying off about 60 journalists in a move its founding editor, Ben Smith, described as “the end of the marriage between social media and news”.

Businessweek

BuzzFeed News Was More Blockbuster Than Netflix

For all the sneering about the publication’s end, the subscription future of news isn’t a sure bet.

The Guardian - AU

BuzzFeed News’ business model turned to dust because they were always at the whim of mercurial tech titans

BuzzFeed changed the way news was reported for the digital age. But it ultimately became a casualty of its lopsided relationship with Facebook

Fortune

Why BuzzFeed's founder reportedly turned down Bob Iger's offer of $650 million—10 years before killing his news division and laying off 15% of staff

According to BuzzFeed News’ former editor-in-chief Ben Smith, Iger was furious with Jonah Peretti for backing out of the deal.

The Guardian - US

The digital graveyard: BuzzFeed News joins sites hanging on in eerie afterlife

The site will remain online as an archive, alongside the Gawker reboot, the Toast, and a host of other defunct outlets

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People

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