Forbes staff says sources concerned about magazine ownership

Forbes journalists have told the publication’s management that some sources are refusing to share sensitive information with them due to their new reported ownership, reports Max Tani of Semafor. Tani reports, “Earlier this month, the Washington Post reported that Magomed Musaev, a Russian business tycoon, was behind the purchase of Forbes from its current owner. “The move alarmed the […]

Russian tycoon claims he’s behind Forbes purchase

Russian tycoon Magomed Musaev has claimed he’s the money behind the recent acquisition of Forbes, instead of tech founder Austin Russell, according to five audio recordings and one video recording obtained by The Washington Post in which he discussed the deal. Catherine Belton, Todd C. Frankel and Elizabeth Dwoskin of The Post report, “‘I just bought […]

Ex-Trump CFO testimony ends after Forbes accuses him of perjury

The Trump Organization’s former chief financial officer Allen Weisselberg’s testimony ended abruptly on Thursday afternoon, hours after Forbes magazine accused the convicted tax cheat of perjuring himself, reports Adam Klasfeld of The Messenger. Klasfeld reports, “Weisselberg insisted on Tuesday from the witness stand that he “never focused” on calculating the square footage of the former president’s Trump […]

Forbes hires Wenger as executive editor

Forbes has hired Ty Wenger to be executive editor. He has been a deputy editor at Inc. magazine since February 2021. Wenger previously spent the last 10 years at ESPN The Magazine, first as a senior editor and then as a deputy editor. He also hosted and produced its podcast. He previously was deputy managing editor […]

Associate editor Ponciano departs Forbes for B school

Jonathan Ponciano, an associate editor at Forbes, has left the magazine to attend Columbia University’s business school for his MBA. He joined Forbes in 2018 as an assistant editor for investing. Ponciano previously wrote for Investopedia. Ponciano studied business journalism and economics at UNC-Chapel Hill, where he wrote news and blog posts for the Kenan-Flagler […]

Disarray and discontent at Forbes

Feven Merid writes for Columbia Journalism Review about the issues at Forbes, which faces a staff that has unionized and a potential sale of the company. Merid writes, “Recently, union members looked into who among them had gone without a raise since they’d organized. Their study found that almost two-thirds were women—and, on average, women in […]

Study shows inequity among pay in Forbes newsroom

Stark disparities in salaries and tenure exist between white newsroom workers and people of color at Forbes, according to a union study obtained by Axios reporters Sara Fischer and Kerry Flynn. Fischer and Flynn report, “The study results come as Forbes’ union and management continue to battle for a contract, bolstering the union’s concerns of inclusion that it’s […]

Forbes hires Cao to cover internet and creator economy

Forbes has hired Steffi Cao as a reporter covering the internet and creator economy. She will start next month. Cao has been an internet culture reporter for BuzzFeed. She previously was a trends editor for the publication. She also writes a newsletter called it’s steffi. Cao has also freelanced for Teen Vogue, The Washington Post, MTV News, […]

Reuters and Forbes are top biz news websites in the UK

Reuters and Forbes are the UK’s most popular websites for business news, according to an updated ranking by Press Gazette. Aisha Majid of the Press Gazette writes, “Global news brand Reuters reached 3.8 million people in May, according to Ipsos iris – 8% of the UK online population aged over 15. Reuters’ consumer-facing website – […]

Young named editorial lead, Mendez community manager for ForbesBLK

The following was sent out from Forbes: Forbes announces a new ForbesBLK editorial lead to increase our coverage and amplify the voices of Black entrepreneurs, professionals, creators and business leaders. ForbesBLK has named Jabari Young as Senior Editor, ForbesBLK. Prior to becoming the Editorial Lead of ForbesBLK, Young was Senior Writer at Forbes covering business […]