How Buzzfeed News Went Bust
The media bet its future on Facebook. Did it learn from that mistake? Photo-Illustration: Intelligencer; Photo: Getty Images Photo-Illustration: Intelligencer; Photo: Getty Images BuzzFeed, the archetypal new media company of the 2010s, announced last week that it was shutting down its news division. In 2012, the small “web buzz” start-up started hiring reporters. The newsroom…