Commentary Forbes, which is currently majority-owned by a shadowy Hong Kong company, is currently being considered for purchase by a group of U.S. companies, including some that rightly want to see Forbes “under U.S. ownership.” The Hong Kong company, called Integrated Whale Media, has owned the majority of Forbes since 2014, raising questions about foreign influence over U.S. media and the effect that might have on American democracy. The chief executive officer of Borderless Services Inc., a blockchain holding group, gave an interview to Cointelegraph, published on June 1, in which he revealed a political interest in purchasing Forbes. “We are excited to participate either as owners, partners, or [a] combined force with the other bidders,” wrote Patrick McConlogue. “Collectively we all want Forbes back under US ownership and are excited about the next 100 years of Forbes.” McConlogue is a hero. But U.S. companies should not have to compete …
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