Three of BuzzFeed News top editors, including the publication’s editor-in-chief Mark Schoofs, resigned as the company prepares to make cuts to the news division. Their departures came the same day as BuzzFeed reported its fourth quarter earnings, and projected that its revenue would drop in the first quarter and that it would lose money. Schoofs along with deputy news editor Tom Namako and...
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Reality Check Venture Capital Entertainment
A16z’s Gaming Metaverse Play; Cognixion’s Assistive Reality Progress
As investment pulls back and tech stock sell-offs continue, leave it to Andreesen Horowitz to dangle a bit of hope for startups aiming to power through to the next boom. The Menlo Park firm announced Wednesday the creation of its first fund focused on the gaming industry, totalling $600 million. And though there’s a current of optimism for immersive tech behind this fund, I would bet that it...
Meta Merges News, Media Partnerships Teams Under Campbell Brown
Cisco Systems Forecasts Revenue Drop, Blames China Lockdowns
Ex-Apple AI Director Goodfellow Returns to Alphabet
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