Luminar Technologies CEO buys controlling stake in Forbes

Austin Russell, the CEO of electric vehicle technology company Luminar Technologies, has acquired an 82% stake in Forbes, reports Sara Fischer of Axios. Fischer reports, “In a statement, Forbes confirmed that Russell had acquired an 82% majority stake in the firm. “A source said that the transaction valued the company at $800 million, which is what the […]

Forbes seeks an editor for explainers and trends

Forbes believes in the power of entrepreneurial capitalism and uses it on various platforms to ignite the conversations that drive systemic change in business, culture and society. We celebrate success and are committed to using our megaphone to drive diversity, equity and inclusion. Forbes is looking for an experienced editor who can help build and […]

Forbes seeks an associate editor for platforms and curation

Forbes is seeking an editor to fill a vital role in our newsroom helping to curate, elevate, and spark ideas for our journalism. This role will work closely with the news desk and social media team to identify and promote our best journalism across owned and third-party platforms. The editor will also pay close attention […]

ForbesBLK to cover Black business, hold events

Forbes magazine announced on Tuesday that it was launching ForbesBLK to cover Black entrepreneurs and hold events. The editorial content will include new lists, profiles, content strategies and a new newsletter. Forbes also hired a full-time community manager, Ayisha Mendez, who will help guide the platform and foster community with its members. “Forbes will continue to […]

Forbes seeks a staff writer, newsletters

Forbes is hiring an enterprising journalist to join its newsletters team as the lead writer of its flagship newsletter, sent weekdays. Forbes’ email products are key to its subscription-forward business model, and this role is part of a growing team that works with every corner of the newsroom. This writer will shape a key product […]

Lead investor in bid to purchase Forbes is dropped

The consortium of investors looking to acquire Forbes has removed Sun Group as lead investor in the bid over concerns with the Indian investor group’s ties to Russia, reports Sara Fischer of Axios. Fischer reports, “Sun Group’s deep connections with Russia have raised concerns about the deal’s ability to clear U.S. regulatory review. Forbes hoped to close the $800 […]

The problem with the Forbes 30 under 30 list

Arwa Mahdawi of The Guardian writes about the Forbes 30 under 30 lists and why a number of the participants get arrested and in trouble with the law. Mahdawi writes, “‘The Forbes 30 Under 30 have collectively raised $5.3B in funding,’ the tech entrepreneur Chris Bakke tweeted on Tuesday. ‘The Forbes 30 Under 30 have […]

Forbes hires Bohannon for breaking news desk

Forbes has hired Molly Bohannon as a reporter on its breaking news desk. She will start later this month. Bohannon is currently a watchdog reporter at the Fort Collins Coloradoan, where she cover the City of Fort Collins and Colorado State University. Prior to the city beat, she covered K-12 education and Colorado Sate University, which included […]

How Forbes is consolidating revenue streams

Kayleigh Barber of Digiday writes about how Forbes is consolidating some of its revenue streams to create a high value audience. Barber writes, “Forbes began its internal restructuring process at the end of 2022, when several revenue teams were moved under the leadership of chief product officer Nina Gould. “Now overseeing everything from product development and […]

Forbes hires CoStar’s Hamilton as a reporter

CoStar Group reporter Katherine Hamilton has joined Forbes as a reporter. She had been covering real estate news in Washington. She previously was a reporter for the Worcester Business Journal in Massachusetts covering the real estate and health care industries. Hamilton was also a writer at RepresentUs. During her time there, she earned her master’s degree in community development […]