Amendment to Beneficial Ownership Report - Form SC 13G/A

The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 Name of reporting person

 Verizon Communications Inc.

 Check the appropriate box if a member of a group (see instructions)

 (a) ☐  (b) ☐

 SEC use only

 Citizenship or place of organization

 Delaware

Number of

shares  beneficially 

owned by

each

reporting

person

with:

 Sole voting power

 0

 Shared voting power

 1,892,222 (See Item 4)

 Sole dispositive power

 0

 Shared dispositive power

 1,892,222 (See Item 4)

 Aggregate amount beneficially owned by each reporting person

 1,892,222 (See Item 4)

 Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 ☐

 Percent of class represented by amount in Row (9)

 5.2% (See Item 4)

 Type of reporting person (see instructions)

 CO

 Name of reporting person

 Verizon Ventures LLC

 Check the appropriate box if a member of a group (see instructions)

 (a) ☐  (b) ☐

 SEC use only

 Citizenship or place of organization

 Delaware

Number of

shares  beneficially 

owned by

each

reporting

person

with:

 Sole voting power

 0

 Shared voting power

 642,222 (See Item 4)

 Sole dispositive power

 0

 Shared dispositive power

 642,222 (See Item 4)

 Aggregate amount beneficially owned by each reporting person

 642,222 (See Item 4)

 Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 ☐

 Percent of class represented by amount in Row (9)

 1.8% (See Item 4)

 Type of reporting person (see instructions)

 OO

 Name of reporting person

 Verizon Business Global LLC

 Check the appropriate box if a member of a group (see instructions)

 (a) ☐  (b) ☐

 SEC use only

 Citizenship or place of organization

 Delaware

Number of

shares  beneficially 

owned by

each

reporting

person

with:

 Sole voting power

 0

 Shared voting power

 1,250,000 (See Item 4)

 Sole dispositive power

 0

 Shared dispositive power

 1,250,000 (See Item 4)

 Aggregate amount beneficially owned by each reporting person

 1,250,000 (See Item 4)

 Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 ☐

 Percent of class represented by amount in Row (9)

 3.4% (See Item 4)

 Type of reporting person (see instructions)

 OO

 Name of reporting person

 Verizon Business Network Services LLC

 Check the appropriate box if a member of a group (see instructions)

 (a) ☐  (b) ☐

 SEC use only

 Citizenship or place of organization

 Delaware

Number of

shares  beneficially 

owned by

each

reporting

person

with:

 Sole voting power

 0

 Shared voting power

 1,250,000 (See Item 4)

 Sole dispositive power

 0

 Shared dispositive power

 1,250,000 (See Item 4)

 Aggregate amount beneficially owned by each reporting person

 1,250,000 (See Item 4)

 Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 ☐

 Percent of class represented by amount in Row (9)

 3.4% (See Item 4)

 Type of reporting person (see instructions)

 OO

 Name of reporting person

 MCI International LLC

 Check the appropriate box if a member of a group (see instructions)

 (a) ☐  (b) ☐

 SEC use only

 Citizenship or place of organization

 Delaware

Number of

shares  beneficially 

owned by

each

reporting

person

with:

 Sole voting power

 0

 Shared voting power

 1,250,000 (See Item 4)

 Sole dispositive power

 0

 Shared dispositive power

 1,250,000 (See Item 4)

 Aggregate amount beneficially owned by each reporting person

 1,250,000 (See Item 4)

 Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 ☐

 Percent of class represented by amount in Row (9)

 3.4% (See Item 4)

 Type of reporting person (see instructions)

 OO

 Name of reporting person

 MCI Communications Services LLC

 Check the appropriate box if a member of a group (see instructions)

 (a) ☐  (b) ☐

 SEC use only

 Citizenship or place of organization

 Delaware

Number of

shares  beneficially 

owned by

each

reporting

person

with:

 Sole voting power

 0

 Shared voting power

 1,250,000 (See Item 4)

 Sole dispositive power

 0

 Shared dispositive power

 1,250,000 (See Item 4)

 Aggregate amount beneficially owned by each reporting person

 1,250,000 (See Item 4)

 Check if the aggregate amount in Row (9) excludes certain shares (see instructions)

 ☐

 Percent of class represented by amount in Row (9)

 3.4% (See Item 4)

 Type of reporting person (see instructions)

 OO

229 West 43^rd Street, 10^th Floor

New York, New York 10036

Verizon Communications Inc. ("Verizon")

Verizon Ventures LLC ("Ventures")

Verizon Business Global LLC ("VBG")

Verizon Business Network Services LLC ("VBNS")

MCI International LLC ("MCII")

MCI Communications Services LLC ("MCICS")

For Verizon:

1095 Avenue of the Americas

New York, New York 10036

For each of Ventures, VBG, VBNS, MCII and MCICS:

One Verizon Way

Basking Ridge, New Jersey 07920

If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the

person filing is a:

beginning on February 16, 2023. On May 6, 2024, the 6,478,031 shares of Class A Common Stock held by Ventures were automatically combined into 1,619,508 shares pursuant to the Class A Common Stock reverse stock split, described in the Current Report on Form 8-K filed by BuzzFeed on May 2, 2024. Ventures subsequently sold 977,286 shares of Class A Common Stock. Ventures is a direct wholly owned subsidiary of Verizon, and by virtue of this relationship, Verizon may be deemed to have shared power to vote and dispose of, or to direct the vote and disposition of, the 642,222 shares of Class A Common Stock beneficially owned by Ventures.

In addition, as of September 30, 2024, MCICS was the direct beneficial owner of 1,250,000 shares of Class A Common Stock. MCICS is a direct wholly owned subsidiary of MCII. MCII is a direct wholly owned subsidiary of VBNS. VBNS is a direct wholly owned subsidiary of VBG. VBG is a direct wholly owned subsidiary of Verizon. By virtue of the relationships among such companies, each of them may be deemed to have shared power to vote and dispose of, or to direct the vote and disposition of, the 1,250,000 shares of Class A Common Stock beneficially owned by MCICS.

(b) Percent of class:

The responses of the reporting persons to Row (11) of the cover pages of this Amendment No. 3 to Schedule 13G are incorporated herein by reference. Calculations of the percentage of shares of Class A Common Stock beneficially owned are based on 36,657,702 shares of Class A Common Stock outstanding as of November 8, 2024, as reported in BuzzFeed's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2024.

(c) Number of shares as to which the person has:

(i) sole power to vote or to direct the vote, (ii) shared power to vote or to direct the vote, (iii) sole power to dispose or to direct the disposition, and (iv) shared power to dispose or to direct the disposition, in each case are incorporated by reference from the responses of the reporting persons to Rows (5) through (8) of the cover pages of this Amendment No. 3 to Schedule 13G and Item 4(a) hereof.