Then: Bypass traditional media. Go direct.
— Subrahmanyam KVJ (@SuB8u) February 10, 2022
Now: That's too much work. We'd rather buy them out?https://t.co/0VfS0JOilP
This is FU money — we’re the new VC’s.
— David Gokhshtein (@davidgokhshtein) February 10, 2022
Congratulations @cz_binance https://t.co/FmqnSaQ07W
Sharing this partly because it’s a sign of many things to come but mostly because it’s an opportunity to mention Forbes’ current owner, Hong Kong-based Integrated Whale Media Investments https://t.co/DyN098J974
— Tom Gara (@tomgara) February 10, 2022
Forbes, the publication that featured alleged bitcoin money launder Heather Morgan as a contributor, is now taking $200 million from Binance. Just when you think you've seen it all... https://t.co/NIqdWYgsDs
— Amy Castor (@ahcastor) February 10, 2022
So to recap: Binance is buying a major stake in a media outlet it tried to sue a year ago for defamation. Seems totally normal. https://t.co/PP0w8zHK9D
— Ryan Mac ? (@RMac18) February 10, 2022
What could go wrong https://t.co/mRuwblnei7
— Ryan Mac ? (@RMac18) February 10, 2022
Why did Binance invest $200M into Forbes when they could have become an unpaid contributor for free?
— Nigel Eccles (?,?) (@nigeleccles) February 10, 2022
This is weird. https://t.co/RKSICeFwNs
— Jay Yarow (@jyarow) February 10, 2022
What outlet will @newmichwill buy first? American Journal of Physics? https://t.co/L04DRAGRsF
— Curve Market Cap (@CurveCap) February 10, 2022
plus obvs owns CoinMarketCap.
— timcopeland.eth (@Timccopeland) February 10, 2022
A crypto company buying the company crypto bros buy their way into press coverage using is just the perfect snake eating is own tail situation https://t.co/T92w1COIIY
— Chris Stokel-Walker (@stokel) February 10, 2022
Huge congrats to @cz_binance @binance! Now @Forbes joins the crypto family! https://t.co/CrvLjCuL3h
— H.E. Justin Sun ???? (@justinsuntron) February 10, 2022
"Just because they have one contributing writer who happens to be a hacker in her, um, hidden life, I can't really comment on that" is an all-time quote https://t.co/Z25sLTan5J
— nilay patel (@reckless) February 10, 2022
Binance CEO on why Forbes pic.twitter.com/yzbJ48cuOU
— Deirdre Bosa (@dee_bosa) February 10, 2022
i really don’t get it https://t.co/QjQmg5eLp0
— alex (@alex) February 10, 2022
Zhao Changpeng opting for the ultra VIP tier premium profile https://t.co/r9pgKmR68N
— Ryan Lawler (@ryanlawler) February 10, 2022
Good to know. #GoodluckForbes. https://t.co/bEan9lKjCn
— Claire Atkinson ??????? (@claireatki) February 10, 2022
well this is a particular vibe https://t.co/bJ4xUBRFON
— hal ? (@halhod) February 10, 2022
I see absolutely no problem with @Forbes which reports on finance gets a huge investment from a cryptocurrency trading platform, an economic space that needs massive critical journalism to analyze the scams and rugpulls. /s https://t.co/YwOreDfeci
— tante (@tante) February 10, 2022
ok how did I forget that Forbes is owned by Integrated Whale Media?? https://t.co/hbPuq6GPCI pic.twitter.com/pwCLgF4T8w
— Anthony Ha (@anthonyha) February 10, 2022
The next great crypto hacker and rapper extraordinaire will be on our team, helping us harden our systems. https://t.co/ivp0aeOcYQ
— non fungible thompson (@pt) February 10, 2022
Interesting to think about when you consider how online hype, virality, and misinformation help drive crypto activity. Also Forbes' open contributor platform is gonna become flooded with generic crypto content, like Medium. https://t.co/Er2JVWvc6S
— Jacob Silverman (@SilvermanJacob) February 10, 2022
scoop: @binance is making a $200 million investment in @Forbes to help the media co. pull off its planned Q1 SPAC, according to sources. Move indicates Binance views content industry as ripe for #web3 applications , they say. ?https://t.co/qeuGjuePVk
— Hugh Son (@Hugh_Son) February 10, 2022
Invest in both new and old, and bridge them with crypto.
— CZ ? Binance (@cz_binance) February 10, 2022
Binance taking a $200 million stake in Forbes https://t.co/DzR2iXGzmh
Is this to help fund the Forbes contributor network which this week especially has proven is a very good idea and never publishes wild shit https://t.co/OghyQsWYgt
— amanda silberling (@asilbwrites) February 10, 2022
People talk the talk about representation but Binance isn't even bi. https://t.co/lOfJizhQnO
— Grace Robertson ?️⚧️ (@GraceOnFootball) February 10, 2022
Binance has previously invested in Chinese media platform Mars Finance.
— timcopeland.eth (@Timccopeland) February 10, 2022
It's expanding its media empire.
Crypto saving the journalism industry would be a hilarious timeline https://t.co/myoe9VMeXR
— Danny Gold (@DGisSERIOUS) February 10, 2022
#Binance is taking a $200 million stake in @Forbes.
— Binance (@binance) February 10, 2022
“This is the first step into a marketplace that has really high potential when it comes to adoption of Web 3.0 based tools”https://t.co/mDIRMHC4dT
This is another one of those 'truth is stranger than fiction' news stories, which we've had plenty of since 2016 -> "In 2014, Forbes sold a 95% stake to Hong Kong-based Integrated Whale Media at a valuation of $475 million." https://t.co/rRGGtLwt6P
— Richard MacManus (@ricmac) February 10, 2022
Didn’t….didn’t he sue Forbes in recent memory? https://t.co/b4LQ0qnczi
— Marc is busy, try later (@MarcHochstein) February 10, 2022
Binance US making big moves this year ? https://t.co/yRC1Cf8nTv
— Yang (@YangCLiu) February 10, 2022
Has anyone made a Razzlekhan joke yet?https://t.co/ibXaIaW47P
— Brian McCullough (@brianmcc) February 10, 2022
The investment by Binance, the world's biggest crypto exchange by trading volumes, will replace half of the $400 million in commitments from investors already announced by Forbes and SPAC Magnum Opus Acquisition Limited.https://t.co/Q8uJBKgecy
— Economic Times (@EconomicTimes) February 10, 2022
read more: https://t.co/OwtQi5FWa4
— Altcoin Daily (@AltcoinDailyio) February 10, 2022
Binanceはフォーブスに2億ドルを投資していますhttps://t.co/eK76VNHhoM
— コイン海外速報 -仮想通貨ニュース- (@CoinNewsFlash) February 10, 2022
I can only presume that this heralds Heather Morgan's triumphant return as a Forbes contributor https://t.co/zZHgLwadfK
— Robert Smith (@BondHack) February 10, 2022
Wednesday: Forbes contributor arrested in largest-ever alleged crypto theft
— Eliot Brown (@eliotwb) February 10, 2022
Thursday: crypto company buying 24% stake in Forbeshttps://t.co/CA2MwbTcfD
Read more on the story ?https://t.co/mDIRMHCC3r
— Binance (@binance) February 10, 2022
Binance has made a $200M strategic investment in Forbes Magazine@binance $BNB is making a $200M strategic investment in @Forbes, the 104-year old magazine and digital publisher. Binance will replace half of the $400M in commitments from VCs.
— TOP 7 ICO (@top7ico) February 10, 2022
? https://t.co/bTSC5daeNF pic.twitter.com/BkIEsMk6eV
CNBC says Binance is making a $200 million strategic investment in Forbes. Binance had previously filed a lawsuit against Forbes and its two reporters because of Forbes’ report on the “Tai Chi Documents.” https://t.co/7sT4ukt4kI
— Wu Blockchain (@WuBlockchain) February 10, 2022
Holy shit
— Frank Chaparro (@fintechfrank) February 10, 2022
“Binance, the world’s biggest cryptocurrency exchange, is making a $200 million strategic investment in Forbes, the 104-year old magazine and digital publisher, CNBC has learned.”https://t.co/7JRojZBKOB
Fun fact: The crypto billionaire is a former Canadian raised in Vancouver, went to McGill, and then left because Canada was focused on inflating real estate instead of fostering an emerging industry. https://t.co/Ax4s9z1hHB
— Stephen Punwasi ? ? (@StephenPunwasi) February 10, 2022
Forbes is going to be mostly owned by a Bitcoin exchange as a result of a SPAC merger so get ready for the most objective reporting you've ever seen https://t.co/Vho7AEkks4
— Laurie Voss (@seldo) February 10, 2022
scoop: @binance is making a $200 million investment in @Forbes to help the media co. pull off its planned Q1 SPAC, according to sources. Move indicates Binance views content industry as ripe for #web3 applications , they say. ?https://t.co/qeuGjuePVk
— Hugh Son (@Hugh_Son) February 10, 2022
#Binance, led by the world’s richest crypto billionaire, is taking a $200 million stake in Forbes
— Binance Africa (@BinanceAfrica) February 10, 2022
Read ?https://t.co/JqQZxC2GBY
❗️@Binance $BNB is making a $200M strategic investment in @Forbes
— CryptoDiffer (@CryptoDiffer) February 10, 2022
The funds will help Forbes execute its plan to merge with a publicly-traded special purpose acquisition company, or SPAC, in the first quarter.#binance #BNB #BSC
? https://t.co/7PpkN9mKlN pic.twitter.com/Qcma9pZ5m5
Forbes SPAC: Binance, led by the world’s richest crypto billionaire, is taking a $200 million stake in Forbes https://t.co/2zWhxmlRz2
— frxresearch (@frxresearch) February 10, 2022