BuzzFeed is a website that combines a technology platform for detecting viral content with an editorial selection process to provide a snapshot of "the viral web in realtime." Cofounded in 2006 by Jonah Peretti (who is also cofounder of The Huffington Post), BuzzFeed is located in SoHo, New York. - Source: Wikipedia
The job cuts are expected to be completed by the end of the first quarter of 2023, BuzzFeed said, and expects charges related to the job cuts of between $8 million and $12 million.
BuzzFeed cuts 12% of staff citing worsening economic conditions →
BuzzFeed reported that U.S. university endowments, foundations and retirement plans helped fund two Chinese facial recognition startups: SenseTime and Megvii, whose technology, of course, is being used to surveil and control Chinese citizens.
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