Quantcast
Channel: news feed News on March 13, 2014 at 1 PM
Viewing all articles
Browse latest Browse all 68

This Facebook Exec Doesn't Like Buzzfeed, And That's Very Bad News For Buzzfeed (FB)

$
0
0
Business Insider - In Buzzfeed, Huffington Post veteran Jonah Peretti has created a massive new media property with 130 million monthly unique visitors.  Buzzfeed got huge by creating (and re-creating) "viral" stories that are popular on social networks. Because of all that traffic, people in the industry think Buzzfeed could someday sell to a company like Yahoo, perhaps for several hundred million dollars. But there is a threat to Buzzfeed's success. That threat: Chris Cox, the executive at Facebook who is in charge of News Feed. Buzzfeed has always gotten a large portion of its traffic from Facebook. But then, as Facebook rolled out tweaks to its News Feed in third quarter of this year, Buzzfeed became even more dependent on Facebook. From August to October traffic to the Buzzfeed Network from the News Feed increased 69%. The trouble for Buzzfeed is that reportedly, Chris Cox isn't happy about it.  That's according to a new report from Mike Isaac of AllThingsD. I

Viewing all articles
Browse latest Browse all 68

Trending Articles