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Inside money, markets, and Big Tech

This article was published on November 25, 2008

    Malik does some fact checking: Forbes denies Russian connection

    Malik does some fact checking: Forbes denies Russian connection
    Ernst-Jan Pfauth
    Story by

    Ernst-Jan Pfauth

    Ernst-Jan Pfauth is the former Editor in Chief of Internet at NRC Handelsblad, as well as an acclaimed technology author and columnist. He a Ernst-Jan Pfauth is the former Editor in Chief of Internet at NRC Handelsblad, as well as an acclaimed technology author and columnist. He also served as The Next Web’s blog’s first blogger and Editor in Chief, back in 2008. At De Correspondent, Ernst-Jan serves as publisher, fostering the expansion of the platform.

    Yesterday, I reported about a possible acquisition of Forbes by Russian investment fund ONIXEM Group. Rumors were stirred by an article from Russian newspaper Trud and spread rapidly through the blogosphere as soon as Yakov from the Quintura blog translated the article. With exciting though vague news like that, somebody needs to do some fact checking. Yet where to start?

    Whenever something newsworthy occurs concerning start-ups, an email to its founder is quickly sent. But who do you contact when the news concerns major parties like Forbes and the ONIXEM Group? Why would they care to answer the call of a blogger?

    Well-connected tech blogosphere

    Luckily, the tech blogosphere as a whole is well connected. There’s always someone with an old friend at the right company. In the case of Forbes and its Russian connection, this “someone” turned out to be Om Malik.

    An investor in Forbes

    The famous tech blogger used to work at Forbes and sent a line to an old Forbes connection yesterday:

    [..] I emailed Roger McNamee, who heads up Elevation Partners and is an investor in Forbes. His intervention got me a quick response. “Forbes absolutely denies this rumor, and has no knowledge of the source,” Forbes said in an emailed statement. “Forbes Russia is also not for sale to the ONEXIM group.”

    Crowd sourcing fact checking

    Behold the power of many. The tech blogosphere crowd sources its fact checking and even unravels mysteries about a Russian playboy and his desire to acquire a traditional American publishing house.

    Photo credit: Thomas Hawk