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Michael Cohen scraps libel lawsuit against BuzzFeed and Fusion GPS

President Trump’s attorney Michael Cohen has decided to drop his libel lawsuits against BuzzFeed and the research intelligence firm Fusion GPS, reports the Hollywood Reporter. He had begun the process of suing both over the “Trump Dossier,” a generally unverified document of opposition research that Fusion created and BuzzFeed published. Cohen is currently facing a … Continue reading “Michael Cohen scraps libel lawsuit against BuzzFeed and Fusion GPS”

Michael Cohen scraps libel lawsuit against BuzzFeed and Fusion GPS
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Facebook hires Pinterest and BuzzFeed execs to bolster its video content

The social media giant has hired BuzzFeed Studios former head Matthew Henick to lead Facebook’s global video content strategy and planning, reports Reuters. From Pinterest, Facebook grabbed Mike Bidgoli to lead the Facebook Watch product team. Facebook Watch is the company’s video-on-demand service that launched to limited users last August. Both hires show Facebook is … Continue reading “Facebook hires Pinterest and BuzzFeed execs to bolster its video content”

Facebook hires Pinterest and BuzzFeed execs to bolster its video content
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Facebook is letting BuzzFeed down, so it’s turning to Tasty-branded kitchenware

Media is a hard business. But if you’ve watched even one episode of Shark Tank, you know that retail is also a hard business. So it’s interesting to learn that BuzzFeed is launching a new line of kitchenware that will be sold in 4,000 Walmart stores. According to Recode, the media company is going to sell … Continue reading “Facebook is letting BuzzFeed down, so it’s turning to Tasty-branded kitchenware”

Facebook is letting BuzzFeed down, so it’s turning to Tasty-branded kitchenware
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Fox News and the New York Times led Facebook engagement last month

With Facebook and Google controlling the vast majority of digital ad revenue, all industry eyes are on which media companies perform best on those platforms. For Facebook, the rankings are always a yo-yo, with publishers’ engagement waxing and waning along with the frenetic news cycle and ever-changing algorithm. According to new data from NewsWhip, in … Continue reading “Fox News and the New York Times led Facebook engagement last month”

Fox News and the New York Times led Facebook engagement last month
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Layoffs loom for Mashable as site reportedly sells for less than $50M

The digital media bubble continues to show signs of bursting. Recode reports that Mashable–once valued at $250 million–is selling itself to publisher Ziff Davis for less than $50 million. The site will reportedly lay off about 50 employees and refocus coverage on “tech and tech-lifestyle content.” Mashable employees are reportedly being informed about their employment … Continue reading “Layoffs loom for Mashable as site reportedly sells for less than $50M”

Layoffs loom for Mashable as site reportedly sells for less than $50M
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