Jonah Peretti Has Regrets About BuzzFeed News

On the day that Jonah Peretti, the C.E.O. of BuzzFeed, announced that he was closing BuzzFeed News, he held a video all-hands meeting with the site's staff. "People always yell at Jonah in meetings," Katie Notopoulos, a tech reporter, said, "but I've seen worse." Peretti had already sent the attendees a memo acknowledging the bad moves that had led up to this moment. "I made the decision to overinvest in BuzzFeed News because I love their work and mission so much," he had written. "This made me slow to accept that the big platforms wouldn't provide the distribution or financial support required to support premium, free journalism purpose-built for social media."