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Tech CEO Austin Russell's bid to buy Forbes fails

Luminar founder and CEO Austin Russell's bid to buy Forbes Global Media Holdings has ended. Integrated Whale Media Investments, the Hong Kong-based parent company of Forbes, terminated the agreement with Russell after he failed to secure the ideal group of investors needed to close the deal. Bloomberg was the first to report the news, citing an internal memo by Forbes Chief Executive Officer Mike Federle. ....

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Senators give Yellen 'grave' warning about CCP, Kremlin-linked company trying to buy major US media brand

FIRST ON FOX: Republican Senators Tom Cotton and Marco Rubio warned Treasury Secretary Janet Yellen about the Chinese Communist Party (CCP) and Kremlin-linked company trying to buy a storied American media brand. Cotton and Rubio wrote to Yellen on Tuesday regarding the Sun Group's bid to acquire Forbes, calling on the Treasury secretary "to conduct ....

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