BuzzFeed News, a pioneering digital news site that won a Pulitzer Prize and stirred controversy by publishing the Steele dossier, said Thursday it will close after 12 years.
The news was broken to dismayed employees in an email from the site's co-founder and chief executive, Jonah Peretti, who wrote the company couldn't maintain a stand-alone news organization and cited "more challenges than I can count," including the pandemic, declining advertising and "a tech recession."