Byron Allen is buying a controlling stake in BuzzFeed and becoming its chief executive, taking over from BuzzFeed founder Jonah Peretti, according to The New York Times. The announcement came on Monday, 11 May, when it was also shared that Allen will pay $120 million for a 52 percent stake in BuzzFeed. Bryon Allen purchasing a stake in Buzzfeed Allen shared in the announcement that he will focus on increasing free-streaming video, audio, and user-generated content. “Byron’s vision, operational experience and long-term commitment to premium content makes him exceptionally well-positioned to lead
This week on Techish, Michael and Abadesi unpack how the changing political landscape is shaping career goals for top university grads. They also dive into Big Tech’s ties to the military-industrial complex, reflect on the ‘good old days’ of internet journalism, and the debate about tackling wealth inequality. Chapters 00:25 Stanford Grads Are Ditching Big Tech for Defense07:57 Nostalgia for BuzzFeed-Era Journalism10:20 The Pressure to Perform Success13:31 Gary Stevenson and Taxing the Super Rich Listen to the episode You can find the Techish podcast on Spotify, Apple, and all good podcast
Buzzfeed Inc (owners of Complex, HuffPost, Tasty, etc) told investors about its plans for AI-generated content. The company also outlined its plans for developing its Black, Asian, Latine identity-based brands to help corporate brands tap an “authentic voice.” BuzzFeed, founded in 2006 by Jonah Peretti and John Seward Johnson III as an internet popularity contest, has been at the forefront of Internet culture for over a decade. This year, the platform launched its AI-powered content such as games and quizzes, with some success. But it plans to go further. During an investors event held
