Forbes looks to Google AI pilot

Forbes has joined Google’s paid News AI pilot that gives Google expanded rights to its content to test new ways of providing readers with context about stories before they click through, reports Jessica Davies of Digiday. Davies reports, “Speaking at Digiday’s Media Strategies London event last week, Forbes chief innovation officer Nina Gould said the partnership was […]
Research firm linked to $6 million payment to Forbes EIC has a new name

Shook Research — the firm whose founder secretly paid the ousted Forbes editor in chief $6 million — has a new name and brand, Veritant, and will continue its rankings of financial advisors, reports Bruce Kelly of Investment News. Kelly reports, “On Thursday morning, the consulting firm announced a new name and brand, Veritant, which the company […]
Forbes ups Tognini to senior editor

Forbes has promoted Giacomo Tognini to senior editor and given him a new beat — money and artificial intelligence. He has been at Forbes since June 2019 and previously was deputy editor for wealth. Tognini interned at Bloomberg News and was a staff writer at Asia Insights. He holds a bachelor’s degree from Cal-Berkeley and […]
Forbes is cutting staff due to revenue shortfalls

Forbes CEO Sherry Phillips sent out the following to the staff on Friday: Hi all, I want to share an important update about our business and our continuing efforts to navigate the current media environment. The advertising landscape remains highly competitive, audience behavior continues to evolve rapidly, and traditional media business models are under pressure. Like many […]
Barron’s hires Roush as breaking news reporter

Barron’s has hired Tyler Roush as a breaking news reporter. He has been at Forbes covering breaking news since November 2022. Previously, Roush was at USA Today, where he reported for both the Asheville Citizen Times and Black Mountain News. He interned at The Opelika Observer in Alabama and The Herald-Sun in Durham, N.C. He held the posts of sports […]
Forbes journalists ratify first union deal

Unionized editorial staff at Forbes have ratified their first contract in a deal that sets strong editorial integrity protections, establishes a new $68.5K salary floor, includes gold-standard job security protections, and more. Forbes Union, which represents close to 90 reporters, photo and video editors, ratified the three-year contract on Sept. 1. “We refused to accept […]
Forbes, Shook Research suspend ratings, events

Forbes and Shook Research, a major partner of the magazine, said they would suspend the rankings and events they produced together, reports Benjamin Mullin of The New York Times. Mullin reports, “Forbes and Shook Research have worked together for years to publish rankings of the top wealth advisers in the United States. They have also produced an […]
Forbes is exploring options, has hired outside counsel

A Forbes spokeswoman issued the following statement on Monday: Randall Lane’s acceptance of the undisclosed payment by RJ Shook was unacceptable and is inconsistent with our policies and principles of trust, transparency, and disclosure. No individual—regardless of title, tenure or contributions—is above those standards. Upon verifying the incident, we took action and immediately fired Mr. Lane. We are exploring all appropriate actions to […]
$6 million payment to fired Forbes editor for “services and guidance”

The research firm founder who paid Forbes editor in chief Randall Lane $6 million, which resulted in his firing, said the money was for “services and guidance,” reports Benjamin Mullin of The New York Times. Mullin reports, “Mr. Lane, the former chief content officer of Forbes, received the multimillion-dollar payment ‘in recognition of the services and guidance’ he provided […]
Senior writer Erb departing Forbes

Kelly Phillips Erb, a senior writer at Forbes since January 2023, is leaving the publication at the end of the week. She is starting a newsletter at Taxgirl.com about tax-related news. Erb previously worked at Forbes for nearly a decade from 2011 to 2021. She had been a columnist/editor/insights and commentary team lead at Bloomberg Tax. […]