that's what buzzfeed always- : t: that's what buzzfeed always said, isn't it?ation weekend? will— hell during the coronation weekend? will apparently not. on the was— weekend? will apparently not. on the rails baa— weekend? will apparently not. on the rails, but there— weekend? will apparently not. on the rails, but there are strikes ahead— the rails, but there are strikes ahead as— the rails, but there are strikes ahead as awe— the rails, but there are strikes ahead at the airport. the rails, but there are strikes ahead at the airport . ahead at the airport. the legendary— ahead at the airport. the legendary comedian barry humphries is now stable and responsive in hospital . that's responsive in hospital. that's despite reports that he fell unconscious last night and twitter has started removing legacy blue ticks from verified accounts following the introduction of subscription . introduction of subscription. have you lost your blue tick

that's what buzzfeed always- : 1: that's what buzzfeed always said, isn't it?ood evening. it's me, jacob rees—mogg, on state of- 1: 1“ g it's me, jacob rees—mogg, on state of the races. — jacob rees—mogg, on state of the races. remarr— jacob rees—mogg, on state of the nation. tonight could it finally be erre— nation. tonight could it finally be are erra— nation. tonight could it finally be the end of— nation. tonight could it finally be the end of unelect and bebrrcabbu— be the end of unelect and politically appointed anonymous rerereu— politically appointed anonymous rerergar-uages— politically appointed anonymous foreign judges from anywhere berr— foreign judges from anywhere from azerbaijan— foreign judges from anywhere from azerbaijan , iran to the from azerbaijan, iran to the brracrbabry— from azerbaijan, iran to the principality of— from azerbaijan, iran to the principality of andorra , principality of andorra, meaabue— principality of andorra, meddling in- principality of andorra, meddling in the domestic affairs of meddling in the domestic affairs er rb

i was like, what's that got—buzzfeed?- got to do with buzzfeed? because i got to do with buzzfeed?les—here's articles for buzzfeed. here's one. .barbie's- articles for buzzfeed. here's one. barbie's best friend one. why barbie's best friend widge— one. why barbie's best friend midge-onse— one. why barbie's best friend midge once removed from midge was once removed from snetyes. — midge was once removed from shelves. yeah,— midge was once removed from shelves. yeah, that's- midge was once removed from shelves. /riri“ “ g“ shelves. yeah, that's this high quality journalism. high standards. it's very, standards. so. and it's very, very andrew tate very funny because andrew tate is attacked is on there. they've attacked him way, bit of him before, by the way, a bit of schadenfreude they schadenfreude here because they would us where kind would attack us where they kind of to us of they would want to shut us down. we can have a down. so i think we can have a little if they knew who we little pop if they knew who we were. has said were. and andrew tate has said that them. he's got that h

they want their eyes buzzfeed launched.it was revolutionary because at the time in 2006, a lot of traditional media companies were just copy pasting their long long articles and putting them online and buzzfeed said. this isn't working like we need to create online specific content. so from that regard, they kind of started an entire internet revolution, and i give them a ton of credit for that, but at the same time to your point on once everyone else followed that strategy became such a saturated market now. moving back into an era where quality really counts. and that's why you see a lot of news companies launching today focused on hiring really, really high end reporters glad you said that because a lot of companies that people felt with credible writing sensational things and to go back to that sort of journalism with the really great reporters, like sarah fisher official wasn't that ben smith was buzzfeed. is that then? yes it's been. yeah before. thank you very much. sara appreciate it. a cnn exclusive report. new evi

that means it's not just buzzfeed struggling but really a whole lot of other media ifcluding fox media really needing to find other ways to make income which means they need to cut things down buzzfeed cutting 180 staffers and does affect buzzfeed news which is the business and tech company as well, which does mean it doesn't exist as it is. it had been making $10 million a year is what it had been losingch having lost 90% of its value the last couple of years around, and around 75 cents a share there, so a lot of losses coming through for buzzfeed, unfortunately. >> and lastly elon musk had been threatening to do this for months, and indeed twitter had begun removing blue verifies check marks who had not signed up to pay. you and i both lost our blue check marks. arabile, what's the latest here? >> yeah, socernly have lost those. it was fun while it lasted saying pretty much anybody can become anybody now she's probably got a few more people pretending to be like her as well. on the other side you have people faking the new york city government account as well the original account whi

down buzzfeed news and will lay off 15% or about 180 members of its staff.obably very upset because this is really sad, buzzfeed news had actually won prettier prize in 2021 -- pulitzer prize for its reporting on china's mass detention the of the uighur muslims. the job cuts will come from the company's business con end the administration and -- content the administration and tech feeds. it debuted at the end of 20 2021 via a spac. busfield's -- buzzfeed's stock has gone up in plames, down 91% -- flames, down 9 is % -- 91%. >> -- the tower was icing on the cake. [applause] [cheers and applause] [laughter] liz: those are the cheers, perhaps a bit premature, of rocket scientistses at the company's headquarters in hawthorne, california, as spacex's starship rocket, the largest ever built, took flight. two minuteses later, and it was a very speck act lahr and successful takeoff, okay? the liftoff, perfect. right? again, about 200 seconds later, spacex's starship blew up high above the launch site this texas. the rocket did lift off on schedule, successfully got

casone has more. >> cheryl: this is a big layoff, buzzfeed news shutting down, they have a deal withbe out and about. they talked about why. they were profitable. how can you support jobs if you are not profitable. the discredited steele dossier report, they put themselves behind that in 2017 and backed it. black eye for the company. the ceo says, i recombret i didn't hold the company to profitability. you can see back in 2017, that initial buzzfeed report, the reports allege trump has deep ties to rusia and that has been disproven since then. >> todd: people in michigan are livid, i would be, too. >> cheryl: 1 75 million going to a batheory plant being built by a chinese company, they are upset. here is what locals had to say. >> i'm gravely disappointed our representatives serve the governor over request of citizens. giving american dollars to a foreign company puts our national security at risk was not in question. >> i'm angry, i'm angry that this vote was slipped into the agenda late yesterday and you have ignored our community's pleas until due diligence can be performed. >> ch

. >>> buzzfeed news is shutting down and ikea has big plans to expand. >> bertha coombs is with us now. she has today's cnbc's "money minute." >> reporter: the struggles at buzzfeed are continuing as the company announced it will lay off another 15% of its staff or about 180 people. that's part of those cuts, but buzzfeed shutting gown the 100-person news unit losing $10 million a year. shares have fallen about 90% since its ipo and buzzfeed cut nearly 12% of its workforce back in december. >>> meantime, ikea is investing over $2 billion for growing its u.s. presence over the next three years. they want more of us to struggle with putting together their furniture. they will spend on expanding new store models and pickup locations and open new planking studios. their first store opened 40 years ago, it has over 50 stores across the u.s. >>> fast food chains love a good marketing opportunity. many are cashing in on today's date, 4/20. a popular date in the culture. offering specially priced meals for $4.20 in case you have the munchies. back over to you. >> everybody doing that. bertha c

. >>> pulitzer prize winner buzzfeed news is shutting down.l-friendly articles and videos is cutting 15% of its work force. this comes as buzzfeed's revenue plunged 27% in the fourth quarter. the company says no jobs are being replaced by ai. >>> ikea plans to open more the fu in the u.s. eit new locations, nine smaller plan ardnts, and 900 pickup spots. ikea has not revealed where those facilities will be located. the company is investing $2.2 billion to grow its presence in the u.s. >>> and wendy's is helping you survive mercury retrograde with free food. starting today the fast food chain is offering hungry customers deals on everything from burgers to frosties. the mercury menu runs for three weeks until mid-may. >>> that's your cbs "money watch" report for this friday morning. i'm shanelle kaul, cbs news, new york. >>> well, the trash talk is back on the basketball court with the remake of "white men can't jump." >> i just noticed you're not getting enough legs under your shot. are you day hydrated? >> $100 you can't make more shots. >> l

. >> buzzfeed news is being shut down.ng to a memo from the company ceo, he says closing the site is part of a broader shake-up that includes laying off 15% of staffers. the company currently has roughly 1200 employees, meaning roughly 180 jobs will be lost. buzzfeed also owns the online news site. huffpost and the complex networks. >> espn is reportedly set to start layoffs as early as next week. the move is part of parent company disney's latest cost-cutting efforts staffing. cuts include some honor, talent and management. last month, disney ceo bob iger said 7,000 jobs would be eliminated across the board. the company plans on going through 3 rounds of layoffs. >> still ahead, it's a game that certainly could make or break. the worriers hopes of repeating as nba the dubs plan take down the kings without draymond green. we're live from chase. after the break. >> the warriors trying to work your way back in do whether playoff series against the sacramento kings where they find themselves in a 0 to the good news is they re

it's for some of our colleagues at "buzzfeed" news and also "business insider.ion announced cuts "buzzfeed" is shutting down their newsroom completely. for "business insider," it's 10% job cuts i want to take you through the evolution of over the last couple years what the narrative has gone towards in 2021 and 2022, workers leverage here to stay. how workers gained an edge and why they won't lose it any time soon "the new york times" saying workers are gaining leverage before our very eyes that's switched to the headlines that you're seeing closer to today. if you look at what's happening now because of job cuts, axios is saying media layoffs loom large. forbes ran something on "buzzfeed. cnbc.com talking about the layoffs as well. with the technology companies that have cut the workforce, the names -- there are more and more the reason we're talking about this now is because with those building economic concerns you're talking about a situation where workers feel more on edge. on this show over the last couple years we talked about work from home trends, hybri

speaking of buzzfeed, shares coming off by 23%.itting down the news operation as part of a retrenchment that was a result of 180 layoffs. the revenue officer also departing amid cutbacks. this is bloomberg. ♪ the first time your sales reached 100k with godaddy was also the first time your profits left you speechless. at the counter or on the go, save 20% with the lowest transaction fees and keep more of what you make. start saving today at godaddy.com ♪ ♪ and keep more the vehicles are all-electric. the feeling is all mercedes. the choice is all yours. see your dealer for exceptional offers today. caroline: we continue our coverage of the emergent america conference with a look at the labor department. ceo and founder of pipeline equity roy joins us. taking action against gender binaries -- biases in the workplace. we look at the headlines that buzzfeed is going to lay off people and meta is starting, are they thinking about how they lay off people and how it affects their overall gender equity and other areas? katica: what we have

buzzfeed will shut down its news division as it cuts about 15% of its entire staff. the co-founder and ceo of the company said the cuts would also occur across its business content, tech and administrative teams. buzzfeed is also considering making job cuts and some of its international markets. the ceo told staff she, quote, made the decision to over invest in the news division. he acknowledged he failed to recognize early enough that the financial support needed to sustain operations was just not there. the florida board of education has expanded its controversial. don't say rules instruction on orientation or gender identity has already been restricted for students in pre kindergarten through grade 3. now the restriction extends through grade 12. there are 2 exceptions. one, if instruction is required by state academic standards or 2, if instruction is a part of reproductive health courses. yesterday the house passed a bill banning transgender athletes from competing on girls or women's sports teams. republicans say the integrity of women's sports must be protecte

buzzfeed news is shutting down. the announcement was made by buzzfeed ceo and co-founder jonah peretti in an email to staff where he said the company is also laying off 15% of its employees across multiple divisions. huffpost, which buzzfeed acquired in 2020, will now be the company's sole news brand. this came on the same day the digital news media company insider come a formally known as business insider, said it would cut 10% of its workforce. and in chile, president gabriel boric announced he is moving to nationalize his country's lithium industry. >> chile has one of the largest lithium reserves in the world. it is a mineral and batteries, key in the fight against the climate crisis and the fight against climate change. this is an opportunity for economic growth that we will be able to be in the short term. amy: any private companies extracting lithium will have to partner with the state, which will hold majority stakes in new production contracts. this comes as environmental activists this week protested chile

buzzfeed the stock is up almost 1 and-a-half percent be. millions of state residents were awokeen by a loud alarm early thursday morning. an emergency alert test was sent to people's phones at 4:45 a.m. along with a loud noise used for amber alerts or for hurricane warnings. governor de santis' office says the person responsible will be held accountable and, quote, discharged and maybe they'll wake them up in the middle of the night at some point for what they pulled. [laughter] cheryl: you and i would be awake, maria. you and i would be like somebody's texting me, you know. maria: that's true. we would think nothing of it. all right, cheryl, thank you so much. new reports are suggesting that attorney general merrick garland is behind the biden administration's alleged efforts to interfere with the biden criminal probe, the hunter biden criminal probe, an attorney representing the irs whistleblower says that his client has information that can contradict sworn testimony to congress by a senior political appointee. white house press secretar

and buzzfeed news is shutting down. money. 60 jobs will be affected. it was always a weird hybrid, sharing space with such items as 19 extremely entitled or privileged things celebs did and tried to pretend were normal, i missed that one, and we'll guess if we're an introvert or extrovert based on your taste bud preferences. all right. >>> that's it for the edition of "mediabuzz." i'm howard kurtz. you can subscribe to the media buzzmeter, we have a lot of fun there, and apple itunes is one of the places you can get it. we have covered the waterfront here all the way to some of these items that you just needed to know. back here next sunday, 11 eastern, with the only media analysis show on nationales televisions!. ♪ oh! excuse me! roll it back, everybody!! charmin ultra soft is so cushiony soft, you'll want more! but it's so absorbent, you can use less. enjoy the go with charmin. ♪ ♪ charlotte! charl! every day can be extraordinary with rich, creamy, delicious fage total yogurt. how to grow more vibrant flowers: step on

so i always called it the buzzfeed crew, which basically is they see something and they want to it go viral and the buzzfeed of the world took it ran tumblr with it and started using camera everything to the point where it just lost a lot of what it meant, what it was supposed to be. and then once it goes into the white bratty gen z millennial vibe, guys of buzzfeed and that internet world, then of course they go tell their parents, then you know who their parents are and their parents in a pursuit, try to be hip, start to use the term and the wrong ways and then you get into it going into wonky spaces like harvard jumping, where they they try to oppress sophisticated and then becomes on the lips of barack obama and donald trump and other people that are trying to over philosophize it. and then they start saying to themselves, we see it happen on the other end. hmm we can use this to our advantage. how can we weaponized this and make this different? like critical race theory is being weaponized. woke has become weaponized. we see these terms become what weaponized from the very people

and new this morning buzzfeed. you remember those list of goals, shutting down its news arm. move was confirmed by the company's chief executive . in a memo to staffers, he says they no longer fun buzzfeed news as a standalone organization. this is part of buzzfeed's 15% reduction in its workforce. john. thanks, sarah. this morning. actor jonathan majors is facing new allegations of abuse sources are now telling variety that additional alleged abuse victims have come forward against the marvel star who was arrested and arraigned last month in manhattan on assault and harassment charges. cnn entertainment reporter klima loss is with us now. chloe what do we know about these new allegations? variety came out with his explosive report in which they cite unnamed sources claiming that more women have come forward to the manhattan district attorney's office with claims of alleged abuse by jonathan majors and that they are cooperating with the d a. when i spoke to the d a last night, they declined to comment, but we did receive a statement from jonathan majors, attorney. i'm going t

and because our reporting at buzzfeed and a lot of activists, we got him out about 25 years early, but he still spent most of his twenties in prison and was a real wakeup call to me to understand that even if people think that they're doing things that might lead to exposure to someone else. nobody's to give anyone else covid. nobody's trying to give anyone else hiv or aids. but when you tell people that, you find out you're positive and for the rest of your life, you can be prosecuted. and they see somebody go to prison for 30 years. that becomes the stone that keeps people from getting tested in the first place. the work of the hiv people that i work with got much harder after the beginning of that case. so a viral underclass i started seeing as the way sean used it, to talk about how people living with hiv are living under an explicitly different set of laws. i heard activists it in slightly different way and i was trying to this became series they wrote for a long time. that became the basis my my ph.d. dissertation. i really understood it as a way understand systemic racism becaus

>> people will no longer be able to get their news from buzzfeed in a memo to employees, the companyouncing the closure of that division today. he says closing the site is part of a broader shake-up that includes laying off 15% of the staff. the company currently has roughly 1200 employees. that means roughly 180 jobs will be lost. buzzfeed also owns the online news site of post and the complex networks legacy verified checkmarks or thing of the past for twitter users that blue checkmark belongs to. >> public figures and institutions. they were awarded to users before elon musk took over the company this morning. many well-known celebrities, including oprah, justin bieber and kim kardashian. well, they're no longer verified. it's unclear how this will affect government officials who remain on the platform. the check marks are now only available by subscription cost $8 a month for twitter. blue twitter had about 300,000 verified users under the original blue check system. history may this morning as spacex launched the most powerful rocket ever built the starship rocket successfully c

charles: folks, coming up another black eye for spacs as "buzzfeed" plummets. i didn't tell you so. first if recession is imminent how bad will it be? we have to ask dana peterson, she has been on this a long time. red flags, jeff snider sniffed a few out nobody is talking about next. ♪. the chase ink business premier card is made for people like sam who make...? ...everyday products... ...designed smarter. like a smart coffee grinder - that orders fresh beans for you. oh, genius! for more breakthroughs like that... ...i need a breakthrough card... like ours! with 2.5% cash back on purchases of $5,000 or more... plus unlimited 2% cash back on all other purchases! and with greater spending potential, sam can keep making smart ideas... ...a brilliant reality! the ink business premier card from chase for business. make more of what's yours. i'm so glad we did this. i'm so glad we did this. i'm so glad we did this. i'm so glad we did this. i'm so... ...glad we did this. [kid plays drums] life is for living. let's partner for all of it. i'm so glad we did this. edwa

vice is the latest media outlet to cut jobs after buzzfeed last week announced it is shutting down buzzfeednews. vice union said on twitter -- "these workers are suffering the consequences of years of poor decisions they played no part in." and the white woman who has discredited accusations legible lynching that the black teenager emmett till in mississippi seven decades ago has died of cancer at the age of 88. it was 1955 when carolyn bryant dunham accused emmett till of whistling at her and her store that prompted the adduction of till and his murder. in 2007, she confessed she had fabricated her claim, leading the fbi to reopen till's case but the justice department ended its investigation in 2021 without filing charges. last year, a team searching for evidence in emmett till's case found an unserved warrant charging dunham in his kidnapping. and those are some of the headlines. this is democracy now!, democracynow.org, the war and peace report. i'm amy goodman. we begin today's show in montana, where the republican-controlled state house of representatives voted wednesday to censure th

buzzfeed is shutting down its news division cutting about 15% of entire staff. the co-founder and ceo says the cuts are going to happen all across the business content. check administrative teams. the whole thing, buzzfeed is also considering making job cuts in some international markets, too. the ceo told the staff that, quote, he made the decision to over invest in the news division and a knowledge he failed to recognize early enough. the financial support needed to sustain operations was not there. >> well, amazon is cracking down now on fake products with counterfeit tracking initiative. the e-commerce giant says that anti counterfeiting exchange give stores the ability to share information about known counterfeiters who have manipulated their services to sell fake goods. the initiative also helps people get information about items they buy. this will give customers better resources to try and identify whether they're being offered counterfeit items. reports indicate amazon is also working with u.s. customs and border protection to pinpoint potential counter

. >> and in the last couple minutes we learned buzzfeed has decided to shut down its newsroom >> yeahor the news business. in an email sent to employees, the ceo laid out the cuts and implications there buzzfeed will layoff about 15% of its staff and complete will he shut down the news unit itself it will am to around 180 people losing their jobs.shut down thef it will am to around 180 people losing their jobs. just a year ago cnbc reported that some buzz feefeed investord been pushing the company to exit the news business. and now all of the news content at buzz need willfeed will be w into its huffington "post" unit. and this is all on the same day that other digital platforms business insider announced that it will cut 10% of its staff citing economic head winds so we're trying to figure out whether the broader economy will have a real jobs effect and it is happening right now >> dominic, thank you very much. >>> and that wraps up the hour for me you can always reach me on twitter and instagram at jdbalart and thank you for the privilege of your time an trdrea mitchell picks it up.

buzzfeed news, washington post, espn, paramount global right now is considering offers from byron allen, that's how bad it is out there, these countries are so broke, they are giving bet back to black people! —— these companies. that's not what we meant when we said we wanted reparations, we want cash! but tonight, we are all unified in one thing. that's scandal. scandals have been devouring careers this year. the untouchable tucker carlson is out of a job. 0k, some people celebrating... but to his staff, i want you to know i know what you're feeling, i work at the daily show so i too have been blindsided by the sudden departure of of the host of a fake news programme. tucker got caught up. text message stuff. succession is power for succession is powerfor white people... no, tucker carlson is powerfor people... no, tucker carlson is power for white people. people... no, tucker carlson is powerfor white people. no, that's why power... never mind, don't worry about that. we've got to get tucker back on the air, mr president, because right now there were millions of americans who don't ev

>> even with having cut a quarter of the staff >> that's on top of buzzfeed's cuts yesterday and now" says, deloitte, a thousand jobs in the u.s it's friday, and maybe we'll see a pattern where we'll start getting some tape bombs on friday afternoons. >> yep, it's really good chatter on twitter brian stelter, one of my favorite followers, "new york times," just talking about, we had to revert to actual journalism, not -- i remember when i met with the people from buzzfeed, they were trying to put a picture of a cat -- cats -- it was one of those things where, like, you know how you're in a craven moment, cats rate if you could put a cat up every two seconds, people would watch you. that turned out to be -- it didn't have the staying power. >> didn't have the legs. that was not a great spac deal i think buzzfeed is trading in the 70 cents range let's just say, wework, maybe not far -- i think wework may be a little less. 72 cents and then wheels up. >> did you really? at the same time >> yeah, we said it at the same time wework, wheels up. you think of a lot of them didn't go too well

buzzfeed has announced its closing down its news site and cutting 15% of its workforce.the decision on financial challenges, a slowdown in digital advertising and the coronavirus pandemic. he said the firm would concentrate its news output on the huffpost website, which it took over in 2021. the most powerful space rocket ever built — the spacex starship has blown up shortly after launch in texas. it was the second attempted launch this week after the first was called off on monday because of techincal problems. rebecca morelle reports. a tense wait in the final seconds... ignition. two, one... ..as the biggest and most powerful rocket ever built gets ready to fly. we have lift—off. starship slowly pushed up into the sky. so far, so good. a few minutes into the flight, it was time for the bottom part of the rocket to separate. but starship started tumbling, and then this happened... the rockets flight termination system was activated. applause. starship just experienced a rapid, unscheduled disassembly. now, this was a development test. this is the first test flight of s

buzzfeed has announced its clodown its news site and cutting 15% of its workforce.l challenges, a slowdown in digital adverti and the coronavirus pandemic. he said the firm would concentrate its news output on the huffpost website, which it took over in 2021. fans around the world are mourning the death of a south korean k—pop star moonbin, who has died at the age of 25. moonbin was an entertainer for his entire short life. as a child he was first an actor, beforejoining the k—pop band astro when he was 18. the star was discovered unresponsive at his home in seoul by his manager last night. police are investigating the cause of his death, but say it appears he has taken his life. moonbin is the latest of a series of south korean celebrities who have died young in recent years. so—yeon yoon, a reporter at the korea she discussed that the industry has a dark side. kapok is really famous for its very disciplined dance moves, fancy choreography. —— k—pop. high—quality dance moves while people are singing live. they always appear friendly on camera, they never do anythin

buzzfeed shares were down almost 20% after the company said it will shut its news operation and reduceworkforce by 15%. its chief operating officer and revenue officer are leaving as part of the cutbacks. businesses news publisher insider is also cutting 10% of staff and the latest signs of retrenchment in the digital media business. plenty more to come on daybreak asia. stay with us. this is bloomberg. ♪ >> we do have breaking news out of japan, the consumer price numbers for headline inflation in japan year on year growth of 3.2%, matching economists expectations for march and easing slightly from the previous month when they came in at growth of 3.3%. when you exclude fresh food and year on year, growth of 3.1%, slightly faster than economist expected of 3%, and matching the same level from the previous month of february, so if you exclude fresh food, which is the one the central bank is watching closely, core cpi 3.1 growth year on year for the month of march. now exclude fresh food and energy so core cpi is an acceleration of 3.8%, again faster than economists expected in this num

amazon global work force >>> buzzfeed ceo notifying employees the company is laying off 15% of staff and shutting down news unit the cuts amount to 180 people out of 1,200 buzzfeed news had 100 employees and lost $10 million per year. they won a pulitzer prize in 2020 shares have fallen 90% since the spac in 2021 the market cap from $1.5 billion to $100 million. jumped at the right time >> decimal point 75 cents >> this is it. apparently, they embraced generative a.i buzzfeed will use open a.i >> to write all of the stories >> whatever. >> to generate click bait. >> yes >> i don't like that for friday, i don't like a lot of things. >>> coming up, i like it is friday we'll get you ready for next week's mega cap tech earnings. later this morning, we hear from p&g. they sell everything you can buy in every country in the world. it gives us a good idea of what is happening first on cnbc interview with ceo jon moeller. you are watching "squawk box" on cnbc >> announcer: this cnbc program is sponsored by baird. visit bairddifference.com. i know some consultants with great ideas. can they h

buzzfeed shares were down 2% after the company said it both -- shut its news operation. coo are leaving part of the comebacks. insider is cutting about 10% of its staff in latest sides of retrenchment in the digital media business. haidi: this is what we are setting up when it comes to the final friday session for asia argus. it looks like a muted beginning, to the downside of course. we saw setting up a second day of dipped trading in asia. tech earnings be the biggest draw from the downside that we saw overnight in the u.s. a session with stocks falling, bonds are rising. we saw softening indications in the labor market, and housing, business outlook, all looking questionable. it is continuing to church through a slew of corporate earnings and fed speakers. we continue to gauge a to the proposed overhaul to the reserve bank. we are watching trading in the kiwi as well. that currency dropping to a five week low. q. week bond yields have dropped after the quarterly inflation number slowed more than expected. the aussie dollar is holding steady at 67 u.s. cents. we are lo

, for— and i mean, i know we've seen know buzzfeed, for example, nenieee— know buzzfeed, for example, got this great scoop, you know, i got this great scoop, you know, i—isn-i— got this great scoop, you know, i—isn-i inev- got this great scoop, you know, i—isn-i inev io- got this great scoop, you know, i_isn't they do it. i mean, this isn't they do it eii—i— i mean, this isn't they do it eii—i meen- i mean, this isn't they do it. all—i mean, critics all the time. i mean, critics are supposed to go edinburgh are supposed to go to edinburgh shows don't show shows they don't see the show and it anyway. this and they review it anyway. this is baby. yeah. it's is the arts, baby. yeah. it's funny, when i went- is the arts, baby. yeah. it's funny, when i went to- is the arts, baby. yeah. it's- funny, when i went to-bobby funny, when i went to see bobby cnusn— funny, when i went to see bobby cnusn-ionion- funny, when i went to see bobby crush-london,lsat- funny, when i went to see bobby crush london, sat next crush show in london, i sat next to crush show in london, i sat next io-iines— crush

buzzfeed has announced its closing down its news site and cutting 15 percent of its workforce.advertising and the coronavirus pandemic. you're live with bbc news. this coming saturday, a billion people around the world will celebrate earth day, with time fast running out to keep global temperatures in check. it is going to require significant adjustment and big commitments that apply to all sectors of the economy. so tonight we have picked one that you would never really associate with the race to net zero. it is the industry that worships the combustion engine — formula 1. they are three years into the transition. the target for formula 1 is net zero by 2030. and for an industry that ups and relocates from country to country, week to week, there are obvious challenges. it means innovation on fuels, engine types, tyre production, freight and track management, major changes to the annual race calendar. we are nowjoined by ellenjones in london, who is the head of sustainability at formula 1. she was former head of sustainability at print on —— preta —— pret a manger. i'm interest

in an idea that gets spit out will we be maxed out in the news business >> hey, listen, steve, "buzzfeed," they start using ai and lay off people it's not exactly what's happening, but as we heard last week, the need for investigative reporting, that which can differentiate you from what's out there grows and makes people more valuable. just a final comment on some of the investing implications. >> like what microsoft is doing, you want to talk about it's not necessarily job replacement. they call it a co-pilot, meaning it's an assistance what they're putting in office 365, microsoft word, is a co-pilot let's say you have a video chat meeting on teams you missed the meeting what do i do the co-pilot can go in and correlate everything said. that is useful that saves time. it doesn't replace kelly or dom or steve. >> i can skip more meetings. >> you can skip more meetings and it helps us do our jobs better that's what the companies are serious about and putting out there in the world i think that's a good thing. >> wthere will be companies that take this further and don't stop there. >> of

the spac, the ipo went down about 90% since then and kind of an end of an era for buzzfeed news >> al a challenge would start to get a squeeze here i'm sure we'll learn that more is the time. as for the week we have a lot of woodshop regarding earnings. tomorrow we'll get p&g which will give us a better sense where consumer stands. >> and also where inflation stands some of these household products have had so much pricing power and demand hasn't fallen off too much so what is that breaking point for consumers paying higher prices for everything they need in their homes and in their pantries that's a big question for p&g and package food companies coming out later in the coming weeks. coca-cola will be next week. it will be really interesting to see. but for now, stocks are lower, carl, but they've rebounded from the lows of the morning and it's nothing extreme given some of the head winds out there around recession and higher rates. >> even with the vix still below 17 this morning, pretty remarkable let's get to the judge and "the half." >>> all right, carl, thanks very much welcome

there is the spy we learn for the buzzfeed reporting of last year all of their assurances about datases creates content to such as glorifying drug use, or russian disinformation on the ukraine war. there is a constitutional basis to bandit despite the first amendment concerns. this is going be fought out in the courts for a long time. but there are ways to deal tiktok that do not raise first amendment concerns such as the u.s. government could expropriate tiktok for instance. the event of the chinese communist regime is using tiktok to illegally steel and send it data to china, millions of americans are on tiktok and they are thinking what do i have to do with that? you tell us why they should c care. >> unites it should care because china is circulating information about americans to try to take down our society. for instance in 2020 radio creation reported beijing used tiktok to film of violence on american streets that's more than just a version that's an act of war. these are national security concerns that the u.s. has. if you are eight tiktok user and that is not a concern of y

buzzfeed news will shut down as the company announces layoffs for 15% of its staff.he company is laying off around 180 of its 1200 employees and turning its news efforts to its sister company huffpost. the move comes after the company laid off around 12% of its staff in december. vice media is also considering layoffs as efforts to sell the company have faltered. faith leaders and housing advocates are pushing lawmakers in sacramento act on a group of bills designed to address homelessness. the group held a rally outside of the state capital today, one of the main bill's supporters are rallying for is the homelessness prevention act. supporters say it would address high rent increases set a rent cap and close loopholes in current laws . people at the rally say supporting these bills goes hand in hand with their faith. this is a crisis in the state of california. people are leaving the state. people can't afford to live here anymore. so we're trying to address that we're trying to bring our faith values to address this obligation for all of us to stand up for those wh

perfect example "buzzfeed," back in january, we'll write articles using a.i. the stock tripled.een no results whatsoever. chinese state media says please stay clear of a.i. you have to look closely the infatuation with a.i. can translate to better performance. what happened metaverse? virtual reality? cannabis, you have to watch the fads. charles: cannabis stocks has been destroyed. no one talked about it. it was one of the fads a few years ago. you think regional banks will survive all of this? you don't think politically they will be allowed to really collapse? >> absolutely politically, economically. you can't have a situation say in south carolina there is no local bank that will talk with small business and be too big to not survive and not provide opportunity. charles: is there a stock among the names all being clobbered the same way that stands out or is it too early? >> i tell investors get a diversified bass kest. western alliance bancorp. a why do i like that? high performer for a decade, never down year in earnings, return money in dividends. people didn't like it bec

buzzfeed news will shut down as the company announces layoffs were 15% of its staff.ny is laying off around 180 of its 1200 employees and turning its news efforts to its sister company huffpost. the move comes after the company laid off around 12% of its staff in december. vice media is also considering layoffs as efforts to sell the company have faltered. no attend. bartges recorded its highest ridership day of the year. bart says they had 174,337 riders yesterday. that's the highest number since last september, but the transit system is still struggling to regain writers. that number is just 42% of pre pandemic ridership. bart says they are doing a number of things to try to get writers back, including putting more officers on trains and boosting how often trains are deep cleaned. an update now on the water emergency indonesia caused by a broken water lines that officials say that the installation of an emergency bypass line was successful. residents there were being asked to reduce their water use by 40% it's now been lowered to 20% the damage happened when a hills

yesterday buzzfeed dropped 20 after closing buzz withfield news, and they're laying off 180.iency. by the way, that's also why met a's stock is up 70, close to 80% on the year so far, because they are cost cutting. i think stuck and jassy are really taking a page from elon musk and that cut and burn over at twitter. but look, it still works, doesn't it? and if you're still making more money off of it, that's what wall street wants to see. they want to see a bigger, fat bottom line. stuart: it's just such a reversal of the way we used to think about big tech the and the jobs you could get and how wonderful they were. susan: that's the problem, right? you have to are remember that meta and amazon doubled their head count during covid whereas apple only increased by 20%, so they don't have to lay off as much. stuart: just a few moments ago we were talking to mark mahaney about a.i. and google. can you give us more details on how google's expanding it a. a.i.? because that's very important. susan: alphabet rallied about 3-4% that that they're combining their a.i. division, brain

these people as you do this buzzfeed of journalism and versus just the media where they're always, youknow, trying to guess the future talking about polls, who's going to win that kind of thing. isn't there some way, you know, what's his name burns do documentary on ken burns. that's a great idea. you should talk about it. i, i think there is i don't think it's like a big formal campaign and i think what we should do is and media organizations is we should tell how we do our work. and you that more and more especially with investigative though the the reporters will put their source material online so you can actually go look and listen to the original interviews and you can see the documents that that led to their report. so that allows you if you have interesting questions to actually look for yourself if you want to say this was biased or that guy couldn't have said this you can hear the tape, you can hear the actual tape and think that i think we need to do that more and more and if we all started doing that some organized way, like as part of a report like at the end or you see it

and by by buzzfeed news. cnn has learned that the news websites news division is shutting down.he company is also laying off 15% of its workers. brianna still to come on cnn news central and i, r s agent is asking for whistleblower protections to share allegations of mishandling in the hunter biden probe will have some details just ahead. and after the supreme court extended the stay for a widely used abortion pill, the countdown is back on for a ruling will have more on that. my name is brian di lallo. i teach ap and honors economics in pittsburgh, pennsylvania. financial well being to me is knowing that i can be free to do the things that i love to do. i hope when i retire someday they say that guy made this place a special place to come to school and gave as much as he could to help the community. why did we choose safe like we were loadi our suv wn crack safes like came right to us, and we could see actly when they'd arrived with the replacement. we could trust service the way we want it. say flat repair, say flag replace john morgen of morgan and morgan. with so many miso t

buzzfeed news, npr axios washington post espn.nt global right now is considering office from byron allen and tyler perry. to purchase b e t. that's how bad it is out there. these companies are so broke their giving b e t back to black people. which by the way, is not what we meant when we said black people want to reparations. we met cash, you can give it to us and, um harriet tubman twenties. but tonight we're all unified under one thing. and that scandal. scandals. scandals have been devouring careers this year. the untouchable carlson is out of a job. okay? some people celebrate it. tucker staff. i want you to know that i know what you're feeling. i work at the daily show, so i, too have been blindsided by the sudden departure of the host of the fake news program. got caught up. got caught up like that dude from vanderpump rules. text message stuff. i don't know what vanderpump rules is about. just watching a couple of times. my friends told me it's like b m f but for white people. was that secession? no succession is power for