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BuzzFeed

BuzzFeed is a New York digital media company founded in 2006, known for viral content, quizzes and HuffPost. Its Pulitzer-winning newsroom, BuzzFeed News, closed in 2023. In May 2026 Byron Allen's family office bought about 51% of the company and Allen became chairman and CEO.

Digital mediaNew YorkFounded 2006buzzfeed.com
51%of BuzzFeed's outstanding shares bought by Byron Allen's family office in May 2026 — 40 million shares at US$3.00, US$120 million in total; Allen became chairman and CEOBuzzFeed press, 2026-05-27
April 2023BuzzFeed News shut down and the company cut 15% of its workforce, about 180 peopleCNN Business, 2023-04-20

The people

Leora KatzFounder · 2 TechTO talks
JP
Jonah PerettiCo-founderprofile coming
JI
John S. Johnson IIICo-founderprofile coming

What they build

BuzzFeed
HuffPost
Tasty
Advertising and commerce

Open roles via the TechTO Job Board

Working at BuzzFeed

Browse open roles across the community on the TechTO Job Board — Canada’s most connected tech network. BuzzFeed’s roles show up here whenever they post.

Open roles on the TechTO Job Board ↗Or their own careers page: buzzfeed.com/careers ↗

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On the TechTO stage

Every talk is searchable — ask the archive about BuzzFeed

About

BuzzFeed is on the TechTO stage through Leora Katz, who was a product manager there when she spoke at TechTO Product in June 2020 about how to run a product process that survives a year when everything changes weekly. She has since left to found Gordie. BuzzFeed itself was founded in 2006 by Jonah Peretti and John S. Johnson III, went public on Nasdaq in 2021, and shut BuzzFeed News in April 2023 as part of a 15% workforce cut, concentrating news in HuffPost. In May 2026 Byron Allen's family office completed a purchase of roughly 51% of the outstanding shares for US$120 million; Allen became chairman and CEO and Peretti moved to a new role as president of BuzzFeed AI.

Backers

Publicly traded on Nasdaq since 2021. Majority-owned since May 2026 by Byron Allen's family office, which holds roughly 51% of the shares.

Quick answers

Who owns BuzzFeed?

Byron Allen's family office holds about 51% of the shares after a US$120 million purchase completed in May 2026. Allen is chairman and CEO; co-founder Jonah Peretti is now president of BuzzFeed AI.

What happened to BuzzFeed News?

It closed in April 2023, alongside a 15% workforce reduction. BuzzFeed's news operation is now HuffPost, which it bought from Verizon in 2020.

Who spoke for BuzzFeed at TechTO?

Leora Katz, then a product manager at BuzzFeed, at TechTO Product in June 2020, hosted by Belinda Alzner of theScore Bet. Katz is now the founder of Gordie.

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Maintained by TechTO · facts sourced and dated · last reviewed Aug 10, 2026