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Vivek Ramaswamy - 1 Ramaswamy - 1 BuzzFeed — - 1 Elon - 1 Musk - 1 Tucker Carlson - 1 Bill Maher - 1 There's - 1
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☆ Vivek Ramaswamy has a plan for BuzzFeed. There's just one problem.
  + stars: | 2024-05-28 | by ( Peter Kafka | ) www.businessinsider.com   time to read: +4 min
Former Republican presidential candidate Vivek Ramaswamy announced last week he had been buying up shares in BuzzFeed. Which led to the obvious question: Why is Vivek Ramaswamy buying up shares in BuzzFeed? Related storiesHe's laid it out in a letter to BuzzFeed's board, but if you're in a hurry I can summarize it for you: Ramaswamy wants BuzzFeed to pull an Elon Musk. Another option would be for Ramaswamy to play this out a while longer and watch BuzzFeed shares shoot up based on his saber-rattling. BuzzFeed shares closed at $3 today, up 20% from May 22, when Ramaswamy first disclosed his stake.
Persons: Vivek Ramaswamy, Ramaswamy, BuzzFeed —, Elon, Musk, Tucker Carlson, Bill Maher, There's, Jonah Peretti, Peretti, Donald, he's Organizations: Service, Republican, Twitter Locations: BuzzFeed, MAGA
☆ How ‘Going Viral’ Became a Thing
  + stars: | 2023-04-30 | by ( Virginia Heffernan | ) www.nytimes.com   time to read: +1 min
Select a party anthem (“YMCA”), a quality in a dream partner (“ravenous”) and presto: your spiritual home. Too many people got Wyoming — more than actually lived in Wyoming — and this turn of events was so exciting that people stomped over to Facebook to protest. Then, according to Ben Smith in his engrossing and suspenseful book, “Traffic: Genius, Rivalry, and Delusion in the Billion-Dollar Race to Go Viral,” the team at BuzzFeed noticed something that changed media forev —Well, not forever. This is Ben Smith, after all. Co-founder of Semafor, former New York Times media columnist, onetime editor in chief of BuzzFeed News.
☆ Stocks making the biggest moves midday: Tesla, IBM, American Express, AT&T and more
  + stars: | 2023-04-20 | by ( Alex Harring | ) www.cnbc.com   time to read: +6 min
American Express posted earnings per share of $2.40 for the first quarter, below an estimate of $2.66, per Refinitiv. On Wednesday, the casino and resort company posted a beat on first-quarter earnings. The decline comes a day after Zions missed earnings expectations in the first quarter. The company posted earnings of $2.73 per share on revenue of $7.97 billion. The downgrade comes ahead of the defense firm's first quarter earnings report, which is set to release April 25.
☆ Stocks making the biggest moves midday: BuzzFeed, First Republic, Meta and more
  + stars: | 2023-03-14 | by ( Pia Singh | ) www.cnbc.com   time to read: +3 min
(Photo by Justin Sullivan/Getty Images)BuzzFeed — Share of the internet media company lost about 10% on a weak first-quarter revenue outlook. Buzzfeed expects first-quarter revenue of $61-$67 million, compared to expectations of $83.6 million, according to FactSet. Meta Platforms — Meta shares gained 6% after CEO Mark Zuckerberg said Tuesday the social media company plans to cut 10,000 employees. First Republic , PacWest Bancorp, Western Alliance Bancorp , Comerica — Regional banks rallied sharply Tuesday after being hit hard last Friday and Monday. Shares of San Francisco-based First Republic rose about 50%, while PacWest jumped more than 60% and Western Alliance Bancorp gained more than 40%.
☆ Stocks making the biggest moves premarket: First Republic, Western Alliance, Uber, Lyft and more
  + stars: | 2023-03-14 | by ( Sarah Min | ) www.cnbc.com   time to read: +3 min
Check out the companies making headlines before the bell:First Republic Bank — The San Francisco-based bank stock jumped 45% after closing down 61.8% on Monday. First Republic shares rose amid a broader rebound in regional bank stocks. Credit Suisse — The bank stock fell by about 1.6% after Credit Suisse said it had found "material weaknesses" in its financial reporting processes for 2022 and 2021. Honeywell International — Honeywell shares rose 0.4% after the conglomerate announced that Vimal Kapur, president and chief operating officer, will succeed Darius Adamczyk as CEO. Blackstone shares rose 1.8%.
☆ We asked ChatGPT to write a listicle in the style of BuzzFeed. It's obvious why BuzzFeed is going to start using OpenAI tech.
  + stars: | 2023-01-27 | by ( Huileng Tan | ) www.businessinsider.com   time to read: +3 min
BuzzFeed is reportedly set to use ChatGPT creator OpenAI's technology in content creation. BuzzFeed CEO Jonah Perett told staff it would use tech to boost its quizzes and personalize some other content, per the WSJ. We asked ChatGPT generated a listicle in the style of BuzzFeed. A BuzzFeed spokesperson clarified to Insider the outlet will be not be using the wildly popular ChatGPT platform, but OpenAI's publicly available API. We put ChatGPT to the test by asking the platform to write a listicle based on "10 things that are better in other countries compared to the US" in BuzzFeed style.
☆ ChatGPT is about to write BuzzFeed content - and investors are loving it
  + stars: | 2023-01-27 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +6 min
BuzzFeed's part of that group too — but it's come up with a peculiar idea to ramp up business (and stock). Similar to other companies, BuzzFeed laid off 12% of its workforce last month, citing a worsening economic environment. The stock also got a boost from news of the media company's partnership with Meta, which will see BuzzFeed bring more content to Facebook and Instagram. It's unclear how ChatGPT's parent, OpenAI, ties into Meta's multi-million dollar deal with BuzzFeed, if at all, but the agreement is meant to boost creator content for Facebook and Instagram. It was the king of viral content and quirky listicles — and Facebook of course had a hand in getting eyeballs on BuzzFeed.
☆ BuzzFeed's $300M purchase of Complex promised to grow both brands, but insiders say strategies have clashed and Complex's culture is being 'completely gutted'
  + stars: | 2023-01-03 | by ( Lucia Moses | ) www.businessinsider.com   time to read: +9 min
Complex insiders worry that the cuts threaten their brand's culture and future. Clashing video strategies as some fear Complex culture is being 'completely gutted'Kevin Hart appeared on Complex's "Hot Ones" series. Before joining with BuzzFeed, Complex's then-CEO Rich Antoniello had conversations with Vice Media and Vox Media. But Complex insiders felt especially aggrieved when, this fall, BuzzFeed announced a global expansion for ComplexCon. To Complex insiders, BuzzFeed's plan to take the event to Australia, Europe, and Asia simultaneously was unrealistic and under-resourced.
☆ Complex insiders say owner BuzzFeed has shed key talent, failed to invest in core content, and threatens to dilute the hip culture brand: 'The BuzzFeed ethos does not get it'
  + stars: | 2022-12-22 | by ( Lucia Moses | ) www.businessinsider.com   time to read: +9 min
Clashing video strategies as some fear Complex culture is being 'completely gutted'Kevin Hart appeared on Complex's "Hot Ones" series. Before joining with BuzzFeed, Complex's then-CEO Rich Antoniello had conversations with Vice Media and Vox Media. Rubbing salt in the wound, Complex insiders said they felt their brand was scrappier and more culturally relevant than BuzzFeed, which many consider past its prime. But Complex insiders felt especially aggrieved when, this fall, BuzzFeed announced a global expansion for ComplexCon. To Complex insiders, BuzzFeed's plan to take the event to Australia, Europe, and Asia simultaneously was unrealistic and under-resourced.
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