Embattled BuzzFeed warns end could be near as it faces major cash crunch

BuzzFeed on Thursday flagged going concern doubts and said it will not provide a forecast for 2026 as it evaluates strategic options, sending the digital media company’s shares down 7% after the bell. BuzzFeed has been grappling with a cash crunch as digital advertisers increasingly favor social media platforms such as TikTok and Meta Platforms’ Instagram. Founded by Jonah Peretti and John […]