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BuzzFeed’s Deal to Buy Complex Led to Cuts, Fears About Brand’s Future

Leandro Mortenegro 9 months ago
BuzzFeed’s Deal to Buy Complex Led to Cuts, Fears About Brand’s Future

BuzzFeed acquired Complex in 2021 in a bid to reach new audiences and advertisers before going public.  BuzzFeed recently cut 180 staffers, including several top Complex execs, and some feel Complex has been mismanaged. Complex insiders worry that the cuts threaten their brand’s future. BuzzFeed celebrated its December 2021 IPO […]

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Indebted Evergrande Founder Selling $227 Million London Home: Reports

Leandro Mortenegro 12 months ago

A $227 million mansion for sale in London is owned by Evergrande founder Hui Ka Yan, the FT reported. The home was originally thought to be owned by Chinese billionaire Cheung Chung-kiu. Hui saw his net worth plummet as he fire-sold assets when Evergrande defaulted on $300 billion debt. Loading […]

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  • Lumen Hires Ashley Haynes-Gaspar as Executive Vice President
  • Prosus: Why Things Are Still As Unclear As Ever, Reiterate Hold (PROSY)
  • M&A Is Expected to Pick Up in 2023 as Companies Adapt to Tougher Conditions
  • india economic growth: Govt to release today India’s economic growth forecast for this fiscal year, weeks ahead of Budget announcements
  • James ‘Buster’ Corley, of Dave & Buster’s, Dies in Apparent Suicide

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