Tag: BuzzFeed

Vice Media Files for Bankruptcy to Ease Sale to Investors Including Soros Fund Manageement

Just the News

Soros Fund Management (SFM) and other investors will buy Vice Media for about $225 million after the media company filed for bankruptcy protection Monday.

The digital media company was once valued at $5.7 billion, but is now relying on funds from bidders to continue operations until its sale is finalized in the next two to three months, according to a Monday press release. SFM was founded and is chaired by left-wing billionaire and philanthropist George Soros and is the principal asset manager for the Open Society Foundations, of which Soros is the founding chair.

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Wisconsin Congressman Sponsoring TikTok Ban Pleased to See Senate Effort Is Now Bipartisan

Bradley Vasoli

U.S. Congressman Mike Gallagher (R-WI-8) this weekend expressed heightened optimism about the prospect of banning all American use of the video-sharing application TikTok after the Senate version of his bill to do so gained bipartisan support. 

Last week, Senator Angus King, an independent who is a member of his chamber’s Democratic Caucus, joined Senator Marco Rubio (R-FL) in cosponsoring the legislation, known as the Averting the National Threat of Internet Surveillance, Oppressive Censorship and Influence and Algorithmic Learning by the Chinese Communist Party Act (ANTI-SOCIAL CCP Act). The measure has enjoyed bipartisan backing in the House of Representatives since its introduction in December, being cosponsored by Representative Raja Krishnamoorthi (D-IL-8). 

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Buzzfeed’s Holiday Party Becomes Super-Spreader Event Despite Company’s Vaccine Mandate

Admin

Buzzfeed’s holiday party appears to have become a super-spreader event, despite a company-wide vaccine mandate that required partygoers to present their vaccination cards in order to get into the event.

Three BuzzFeed staffers were reportedly infected with COVID-19 following the company’s Christmas party in Manhattan last week, and about six others are awaiting test results after becoming ill.

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