Buzzfeed news is dead... stock 67c

[wexter]

Looks like Buzzfeed, a vintage 2006 Social media company, is dead...

So much of the previous decade of digital life was premised on the idea that user-generated content was an ideal:

Those huge, public networks are growing riskier, messier, and less enticing by the day; the rocket that drove their explosive growth is faltering.


https://www.newyorker.com/culture/infin ... ternet-era

Sound familiar.. Wikipedia is on the same trajectory...

In January of this year per Forbes

]BuzzFeed ... the online media company vowed to invest heavily in artificial intelligence-driven content, with the rally from the once left-for-dead stock coming as interest in the viral AI chatbot ChatGPT spreads.

Out with user generated content and in with the bots... with every player vying for a winner take all squid game...

[ericbarbour]

FWIW, I 've been bitching about the stupidity of Buzzfeed for at least 15 years. It is a STUPID-IN-NEON-CAPS website: for every actual "news story" they broke there was 10 lumps of celebrity tittle-tattle and 200 pieces of moronic clickbait. (I don't think they are shutting down the whole thing, just the News part. How gauche.)

And the worst part: contributors and employees there usually did not last very long. Like Vice it was a deranged revolving door, because the top management was full of narcissistic SOBs and lunatics. Many former Buzzfeeders went out and started their own blogthings--most of which flopped horribly.

[wexter]

FWIW, I 've been bitching about the stupidity of Buzzfeed for at least 15 years. It is a STUPID-IN-NEON-CAPS website: for every actual "news story" they broke there was 10 lumps of celebrity tittle-tattle and 200 pieces of moronic clickbait. (I don't think they are shutting down the whole thing, just the News part. How gauche.)

And the worst part: contributors and employees there usually did not last very long. Like Vice it was a deranged revolving door, because the top management was full of narcissistic SOBs and lunatics. Many former Buzzfeeders went out and started their own blogthings--most of which flopped horribly.

Wikipedia lists Buzzfeed News as a reliable source!

https://en.wikipedia.org/wiki/Wikipedia ... zFeed_News

There is consensus that BuzzFeed News is generally reliable. BuzzFeed News now operates separately from BuzzFeed, and most news content originally hosted on BuzzFeed was moved to the BuzzFeed News website in 2018.[6] In light of the staff layoffs at BuzzFeed in January 2019, some editors recommend exercising more caution for BuzzFeed News articles published after this date. The site's opinion pieces should be handled with WP:RSOPINION. See also: BuzzFeed.

The veracity of Buzzfeed itself (and Vice) has been debated endlessly (a bit of irony "yes we know we are talking about it again")

https://en.wikipedia.org/wiki/Wikipedia ... w_-_again)

"reliable source" Is just another stupid Wikipedia construct..

a stock at $.67 "bring out your dead, it is not quite dead yet!"

[ericbarbour]

The veracity of Buzzfeed itself (and Vice) has been debated endlessly (a bit of irony "yes we know we are talking about it again")

The same bullshit has been applied to Business Insider. It is a hopelessly libertarian-biased "news source" with an extra-mean paywall. And a founder who only started it because he'd been banned from the securities industry FOR LIFE. But the question keeps getting raised (example).

They also do similar squabbling about the (original) Gawker Media and its many offshoots. It was revived in 2019 under different ownership, and the Wiki-Bungers haven't dealt with its "reliability" yet. Give it some time.

There's a list of "perennial sources" that attracts constant editwars.....the spastic micro-nitpicking is never-ending.

[wexter]

Vice is getting taken over by "private capital" as it exits bankruptcy. Jenny Craig is a private capital acquisition gone bad; Just like Tupperware the name is not worth much. We are in an economy where bad ideas suffer on and on rather than dying outright.

It is better to AOL a bad idea than it is to move on. Wikipedia is on the same AOL'ing trajectory.

[oranges33]

Had a feeling Vice was going down the tubes when formerly large Vice reporters started expressing dismay at their complete loss of social status in NYC, and started tiny blog sites

for example: countere\.com <----this garbage dump

probably doesn't help things that Vice's founder is accused of starting a seditious terrorist group, complete with sedition convictions

[ericbarbour]

They also do similar squabbling about the (original) Gawker Media and its many offshoots. It was revived in 2019 under different ownership, and the Wiki-Bungers haven't dealt with its "reliability" yet. Give it some time.

This statement was obsolete the day I posted it. The revived/even-uglier-than-before Gawker had its last update on January 31st.

https://archive.is/jVI6I