BuzzFeed News

Before taking a slight hit to his wealth last year, Vivek Ramaswamy was one of America’s twenty youngest billionaires. His latest venture — a $3 million investment to save BuzzFeed — has Cockburn questioning how he’s made it this far in business.  Last Thursday, news broke that Ramaswamy has acquired a 7.7 percent stake in the ailing digital media company, briefly sending its stocks soaring over 80 percent. The former presidential candidate had apparently been snatching up shares since March, but BuzzFeed, like everyone else, only found out last week. Since then, Ramaswamy has increased his stake to 8.37 percent, becoming the company’s second largest Class-A shareholder.

Good riddance to BuzzFeed News. There is no other way to put it. BuzzFeed and its subsequent news division spin-off did more harm to the online journalism industry than almost any other media outfit. It placed importance on churning out content and putting twenty-something undertrained interns in charge of some of the most socially volatile news issues on the internet and in American culture. Their journalists became churnolists and the amount of content became king, not the quality of content. As media cancel culture continues to rear its ugly head and journalists still roam the countryside to make their audiences outraged about...