“Business Insider supports and empowers our journalists to share newsworthy, factual stories with our readers, and we do so with editorial independence,” Peng wrote. “We stand by our newsroom and our reporting, which will continue onward.”In the wake of the reporting, Oxman acknowledged she had failed to properly cite some of her work. A representative for Ackman declined to comment to CNN on Sunday, but on X, Ackman threatened the publication: “Business Insider is toast. A spokesperson for Axel Springer told CNN on Sunday that the German publishing powerhouse was satisfied with the review Business Insider had completed. “We stand by Business Insider and its newsroom,” the spokesperson said.

Source: CNN January 15, 2024 03:29 UTC