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Kingfish will enable us to power the leading Sponsored Story buying solution and holds potential for Twitter buying as well." Neither Buzz Feed nor Kingfish Labs would discuss the acquisition terms, but both said the merger was a win for investors.

Kingfish Labs raised 0,000 and it shared many of Buzz Feed's investors.

“I think when people are, as Harry Reid did, top officials, are not just seeing it, [but] making decisions based on it, it is appropriate to tell your audience and respect the fact that they can say, ‘This looks like nonsense.'” “I think this was absolutely the right thing to do,” Smith concluded, despite the backlash Buzzfeed has seen in the past day.

In its publication of the 35-page dossier, Buzzfeed noted that the information is unverified, and possibly unverifiable, and that the report contained errors.

“I think we are now in a media environment where you have to engage in false statements,” Smith said.The author's identity has never been confirmed and has been deemed by many as "unsolvable".The author published the story under the username "XXXbloodyrists666XXX" and self-identified as Tara Gilesbie.Buzz Feed has proven it knows how to spread content.It's looking to expand that knowledge beyond its platform to Facebook and Twitter by helping advertisers create effective, viral sponsored stories.

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