BuzzFeed Expects Recession Fears to Pressure Advertising

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BuzzFeed Inc. posted a wider quarterly loss amid rising prices and bills, and stated it anticipated recession considerations to maintain placing stress on the promoting market.

The digital media firm, which past its namesake web site homes the Tasty, Advanced and HuffPost manufacturers, stated it misplaced $23.8 million within the second quarter, in contrast with a lack of $582,000 within the year-earlier interval.

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