"In order for BuzzFeed to weather an economic downturn that I believe will extend well into 2023, we must adapt, invest in our strategy to serve our audience best, and readjust our cost structure, Jonah Peretti, co-founder and CEO, wrote in a letter to staff.
Social media and other companies who rely on digital advertising have also recently announced layoffs, including Facebook parent Meta, Twitter, Snap and Gannett.
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APPLE DROPS ENCRYPTION FEATURE FOR UK USERS AFTER GOVERNMENT REPORTEDLY DEMANDED BACKDOOR ACCESS
Apple said it will stop offering an advanced data security option for British users after the government reportedly demanded that the company provide backdoor access for any data those users have stored in the cloud.
THESE LITTLE-KNOWN BANK ACCOUNTS ALLOW AMERICANS WITH DISABILITIES TO SAVE AND INVEST
Paul Safarik, 32, of Lincoln, Nebraska, has worked in the food industry since he was 21, delivering for quick service restaurants like Raising Cane's and stocking groceries at stores like Trader Joe's. With his earnings, Safarik, who has Down syndrome, recently bought a treadmill to stay active when the weather's bad and helped cover the cost of braces for his teeth.
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A GROUNDBREAKING REVOLUTION PAVING THE WAY TO APPLE'S FUTURE
TOP APPLE EXEC CONCEDES HE HAD DOUBTS ABOUT APP STORE FEES IMPOSED ON ALTERNATIVE PAYMENT OPTIONS
Longtime Apple executive Phil Schiller this week conceded he initially opposed fees that the iPhone maker charges for in app-transactions processed outside its own payment system because he feared violating a court-ordered mandate designed to create more competition.
INDONESIA LIFTS IPHONE 16 BAN: APPLE'S $1.5 BILLION DEAL SEALS THE MARKET
Indonesia finally greenlit iPhone 16 sales this week, reversing an October 2024 ban after Apple inked a $1.5 billion investment deal.
AMAZON'S NEW AI-POWERED ALEXA PROMISES TO BE YOUR 'BEST FRIEND IN A DIGITAL WORLD' FOR A MONTHLY FEE
Amazon this week unveiled a generative-AI infused Alexa that it says will allow the popular voice assistant to have more personality, check a user's tone and even plan romantic dates.
AMAZON EXPANDS DRONE DELIVERY TO 10 U.S. CITIES: AWS FUELS LOGISTICS
Amazon took flight this week, expanding its Prime Air drone delivery to 10 U.S. cities on February 21, 2025, powered by AWS artificial intelligence.
WASHINGTON POST OWNER JEFF BEZOS SAYS OPINION PAGES WILL DEFEND FREE MARKET AND 'PERSONAL LIBERTIES'
The billionaire owner of The Washington Post, Jeff Bezos, narrowed the topics covered by its opinion section Wednesday to defending personal liberties and the free market, a pivot away from its traditional broad focus and prompting the news outlet's opinion editor to resign.
CONNECTICUT LAWMAKERS BACK PROHIBITION ON STATE AGENCIES AND LOCAL GOVERNMENTS USING FOREIGN DRONES
Connecticut lawmakers passed emergency legislation prohibiting state agencies and municipalities from purchasing or using Chinese and Russian drones while also imposing restrictions on where drones can be operated in the state.
ROBOT UMPIRES ARE GETTING THEIR FIRST MLB TEST DURING SPRING TRAINING
A computerized system that calls balls and strikes is being tested during Major League Baseball spring training exhibition games starting Thursday after four years of experiments in the minor leagues.
