• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Wednesday, June 18, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home News

Buzzfeed acquires the website Huffpost from Verizon Media

by Reshab Agarwal
November 21, 2020
in News
Reading Time: 2 mins read
0
Buzzfeed acquires the website Huffpost from Verizon Media
TwitterWhatsappLinkedin

Buzzfeed acquires the website Huffpost from Verizon Media as an attempt to boost its online presence. The deal about the ownership transfer of Huffpost from Verizon Media to Buzzfeed is a stock deal. Reports also say that Verizon is going to invest and become a minority stakeholder in the company. The companies also plan to work together by sharing content, explore monetization and more.

You might also like

Google Pixel 10 Series to Debut Tele-Macro Camera and Tensor G5 SoC

Adobe’s Firefly Expands to iOS and Android, Bringing Powerful AI Tools to Mobile Devices

Kids Stage Virtual Protests Against ICE on Roblox as National Unrest Grows

The history of the Huffington Post

Buzzfeed acquires the website Huffpost

About 10 years ago the Huffington Post was acquired by AOL for $315 million. It was a big acquisition at the time in the media world. And after some time, AOL was acquired by Verizon and everything came under their control. Verizon even acquired yahoo and named the combined organization as the “Oath”. There has been a lot of rumours regarding the sale of Huffpost, but last year Verizon discarded those by saying they are not making any sale.

The last few years haven’t been great for the company. It has been struggling a lot with its advertising and had to take many measures to reduce costs. It even tried to introduce a subscription option, but that did not pan out very well.

Buzzfeed’s motive behind the acquisition

Buzzfeed acquires the website Huffpost
Image Source: Campaign Monitor

One of the co-founders of Buzzfeed was also one of the founders of the Huffington Post. She said that she thought Huffpost will soon become one of the biggest News Media outlets. And since that hasn’t happened, seeing the potential of HuffPost, Buzzfeed has decided to acquire the company from Verizon. They also believe that Huffpost would bring in more traffic and users and help them with competing with others in this segment.

If we see it from Verizon’s side, then the sale was made because they were not able to grow their media companies. The company even declared everything worthless in 2018 and sold Tumblr, its blogging platform. The company even wanted to let go of Yahoo Finance but ended the search probably because no one wanted to buy.


Many independent media companies are making acquisitions in order to sustain and compete with big rivals. It isn’t easy after all to give tough competition in ad dollars to big rivals and hence consolidation is the key. What are your thoughts on the fact BuzzFeed acquires the website HuffPost? Let us know in the comments below. Also, if you found our content informative, do like and share it with your friends.

Also Read: Reports claim Mumbai’s power cut to be a work of hackers

Tags: BuzzFeedHuffPost
Tweet54SendShare15
Previous Post

Reports claim Mumbai’s power cut to be a work of hackers

Next Post

Are we witnessing another revolution with the Collaboration of Jio and SpaceX?

Reshab Agarwal

Reshab is a tech-enthusiast who likes to write about all things crypto. He is a Bitcoin bull and believes in a decentralized future of finance. Follow him on Twitter for more!

Recommended For You

Google Pixel 10 Series to Debut Tele-Macro Camera and Tensor G5 SoC

by Anochie Esther
June 18, 2025
0
Pixel 10 series

Google is set to unveil its Pixel 10 series on August 20, and early leaks have already started shedding light on some exciting new features. One of the...

Read more

Adobe’s Firefly Expands to iOS and Android, Bringing Powerful AI Tools to Mobile Devices

by Anochie Esther
June 18, 2025
0
Firefly

Adobe has officially extended its Firefly platform to mobile users with the launch of dedicated apps for iOS and Android. The move signals a significant evolution in Adobe’s...

Read more

Kids Stage Virtual Protests Against ICE on Roblox as National Unrest Grows

by Harikrishnan A
June 18, 2025
0
Kids Stage Virtual Protests Against ICE on Roblox as National Unrest Grows

As political tensions over immigration enforcement continue to boil across the United States, an unexpected group has taken a stand—kids. But rather than taking to the streets, they’re...

Read more
Next Post
Are we witnessing another revolution with the Collaboration of Jio and SpaceX?

Are we witnessing another revolution with the Collaboration of Jio and SpaceX?

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?