Byron Allen taking over as BuzzFeed CEO after buying majority stake for $120M

Byron Allen taking over as BuzzFeed CEO after buying majority stake for 0M

BuzzFeed said Monday media entrepreneur Byron Allen will take over as the digital media company’s next CEO after he entered into a deal to buy a stake of about 52% in the digital media company for $120 million. Shares of BuzzFeed soared about 156% in extended trading. The company has been grappling with a cash crunch as advertisers increasingly shift … Read more

Ivanka Trump, Mark Zuckerberg and Bill Gates mingle with global elites at $120M party for son of India’s richest man

Ivanka Trump, Mark Zuckerberg and Bill Gates mingle with global elites at 0M party for son of India’s richest man

For love or money. The world’s richest and most powerful people are partying up a storm in Jamanagar, India as part of a 3-day, $120 million bash to celebrate the impending wedding of billionaire Anant Ambani and his bride-to-be Radhika Merchant. Ambani, 28, is youngest son of India’s richest man, Reliance Industries chairman Mukesh Ambani, … Read more