Vice Media Files for Bankruptcy to Ease Sale to Investors Including Soros Fund Manageement

Soros Fund Management (SFM) and other investors will buy Vice Media for about $225 million after the media company filed for bankruptcy protection Monday.

The digital media company was once valued at $5.7 billion, but is now relying on funds from bidders to continue operations until its sale is finalized in the next two to three months, according to a Monday press release. SFM was founded and is chaired by left-wing billionaire and philanthropist George Soros and is the principal asset manager for the Open Society Foundations, of which Soros is the founding chair.

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Buzzfeed’s Holiday Party Becomes Super-Spreader Event Despite Company’s Vaccine Mandate

Buzzfeed’s holiday party appears to have become a super-spreader event, despite a company-wide vaccine mandate that required partygoers to present their vaccination cards in order to get into the event.

Three BuzzFeed staffers were reportedly infected with COVID-19 following the company’s Christmas party in Manhattan last week, and about six others are awaiting test results after becoming ill.

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