Forbes Sold

http://money.cnn.com/2014/07/18/media/forbes-sold/

Forbes is sold! Like many traditional newspapers and magazines, Forbes is suffered from the decline of its reader population and the ad revenue as well. Even though that Forbes is ranked as the third biggest business publication, Forbes still find itself a buyer and try to cut down the risk of the battling with web 2.0 era. Internet is surely making a huge contribution to the decline of the transitional press.