BuzzFeed (NASDAQ: BZFD) shares ticked modestly higher Tuesday following news the company will lay off approximately 12% of its workforce to reduce expenses.The company cited three reasons for the cuts:(i) challenging macroeconomic conditions
Origen: BuzzFeed to slash workforce by 12%...
When Salma Loum first visited California, one of the first places she went was the world-famous Hollywood Walk of Fame.“You have this image in your head, when you’re an immigrant, that this is going to be like the finest...
Amid relentless teletype buzz of bad news, the newspaper industry printed an obituary this week for one of its last traditional sources of long-read journalism: the Washington Post Sunday magazine. Pressed for an explanation by her staff, Executive Editor Sally...
WHEN I OPENED Twitter one day a couple of weeks ago, the first piece of “news” I read was that Sam Bankman-Fried killed Jeffrey Epstein. I was never a super-user, but my feed used to feel more relevant and coherent...
An advertising slowdown, economic worries and strains of the shift to streaming have many major media companies in cost-cutting and layoff mode.News organizations, TV networks, movie and television studios, and entertainment giants laid off hundreds of workers over the...
It’s been a busy few weeks for Immediate Media, the UK special interest publisher owned by Munich-based media conglomerate, Burda Media. Not only has it acquired Nutracheck, the specialist calorie and nutrient tracking app with 350,000 subscribers, but it’s...
A Bureau of Investigative Journalism and Sunday Times investigation recently revealed the scale of a “hack-for-hire” industry in part targeting journalists, politicians and businesses in the UK. BBC political editor Chris Mason was among those targeted, in his case...
AI is human designed, making it unsurprising that it reflects human bias.In 2020, Microsoft laid off dozens of newsroom employees and replaced them with AI. Unfortunately, they did not take into account issues with bias in algorithms and the...
As Twitter’s new owner and CEO, Elon Musk has been openly hostile toward “mainstream media” journalists.He has said he plans to strip journalists of their verification check mark badges, mocked major media outlets like the New York Times and...
Twitter is now pushing more tweets from accounts users don’t already follow into their timelines. The company revealed that it’s now surfacing recommendations to all its users, even people who had successfully avoided them in the past.
Origen: Twitter is...
