Forbes.com CEO Jim Spanfeller, who has run one of the Web’s biggest finance sites for the last nine years, is leaving the company at the end of the summer. No replacement has been named. Spanfeller’s departure comes amid a flurry of bad news for finance publications.
Last week at the All Things D conference, Palm investor Roger McNamee made a point of touting the Pre’s supposedly female-friendly attributes — like the fact that it has a mirror on the back. No mention of the shiny surface in this first TV ad touting the new phone, but this one certainly seems geared toward the xx set. Or maybe Palm has been stung by accusations that it’s an Apple ripoff and wanted to come out with some distinctly un-Jobsian marketing.
Just because Roger McNamee of Elevation Partners is stepping down from the Forbes Media board, to be replaced by a cost-cutting expert, doesn’t mean more cuts are coming, says CEO Steve Forbes: “Various media outlets today noted that Roger McNamee of Elevation Partners has stepped off the Forbes Media board and that this portends an imminent round of additional cuts. It does not.” Here’s the complete internal memo.
My former co-workers at Forbes are convinced that another round of cuts–it would be the third since November–is coming to the publisher. This won’t assuage their fears: High-profile investor Roger McNamee of Elevation Partners is stepping down from Forbes board and giving his seat to a member of his company’s “cost-cutting team.”
Want a break from gloom and doom about the state of the magazine industry? The industry’s trade association is happy to help. Or at least, to try to help, with some sort-of-true but not-that-relevant happy talk.
Barack Obama’s move into the White House meant different things for different people. For Elevation Partners head Roger McNamee, it meant he could get a haircut.
Peter Kafka has been covering media and technology since 1997, when he joined the staff of Forbes magazine. Most recently, he has been the managing editor of the tech and media Web site, Silicon Alley Insider. Read more »
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
D is unlike any other executive conference. Since its debut in 2003, D has brought to life the energy and excitement of the digital revolution in an unscripted, upfront and unparalleled way. Read more »
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