July 24, 2024
News startup Ozy Media has dropped its trade secrets theft suit against Buzzfeed, its former editor-in-chief Ben Smith and the media company he co-founded, Semafor Inc., about a week after Ozy and its former CEO were convicted of lying to banks and investors to secure tens of millions of dollars to fund the multimedia business.
December 21, 2023
A trade secrets lawsuit filed Thursday in New York federal court claims that the former editor-in-chief of BuzzFeed used his later post at The New York Times to pen "a series of hit pieces" that destroyed a rival in the media landscape and that he stole ideas from the rival on how to sell news.