tim forbes

Forbes Media is reaching outside the family ranks for the first time to name a new CEO, the company announced Tuesday. Veteran venture capitalist and media executive Mike Perlis will assume his new post Dec. 1, replacing longtime CEO and former presidential candidate Steve Forbes.

Forbes has given all of its reporters blogs in an effort to turn them into "entrepreneurial journalists." Now some of them are using their blogs to critique the magazine itself, and a top early target has been conservative writer Dinesh D'Souza's article last week about President Obama.

When Lewis Dvorkin founded True/Slant, his expert blogging community, his goal was nothing less than inventing a new business model for journalism. Now, Dvorkin is attempting to install that nimble but high-quality model at Forbes Media.

As sexy workplaces go, Forbes ranks somewhere far below Vogue, the (fictionalized) setting of The Devil Wears Prada. But the venerable business title is the subject of a tell-all currently being written by one (or more) of the many staffers whose jobs it has eliminated over the past two years,...