‘It’s a no-brainer to go where the progress is,’ Fortune editor-in-chief tells Arab News ahead of Riyadh summit on women in business

For Alyson Shontell, editor-in-chief and chief content officer of Fortune, there’s no more exciting place for her team to be right now to covering the world of business and women’s progress than Saudi Arabia. (AFP/File)
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Updated 19 May 2025
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‘It’s a no-brainer to go where the progress is,’ Fortune editor-in-chief tells Arab News ahead of Riyadh summit on women in business

  • Alyson Shontell finds Kingdom’ Vision 2030 transformation “remarkable,” so the magazine wants to see it for itself and show it to the world
  • The CCO says aim is to build a global network through which women in the Middle East feel connected to women in other parts of the world

RIYADH: The Fortune Most Powerful Women franchise, which includes an annual list of the 100 Most Powerful Women, began in 1998. Now, nearly three decades on, the publication is entering the Middle East region with the Fortune Most Powerful Women International conference in Riyadh on May 20 and 21.

“More and more women were getting into the upper ranks of business,” and “we wanted to be on the ground covering it,” said Alyson Shontell, editor-in-chief and chief content officer of Fortune.

“There’s no more exciting place for us to be right now (than Saudi Arabia) covering the world of business and women’s progress,” she added.

Despite reforms and transformation in the region, some still view it as a place with restricted freedom for women and media. However, Shontell is “excited to go in judgment-free,” and connect with women in the region and “show what they’re doing to the world,” she said.

The transformation in the Kingdom since Vision 2030 has been “remarkable” and, she added, “we want to see it for ourselves and show it to the world.

“It’s a no-brainer to go where the progress is: the Middle East.”


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Fortune’s ambition is “to connect global power and the biggest businesses in the world,” and so “we would love to build the most powerful women’s network into a global network,” through which women in the Middle East feel connected to women in other parts of the world, she explained.

This year, 11 percent of Fortune 500 companies are run by women, which is the highest number it has ever been, Shontell said.

There is still a long way ahead before gender equality is reached in businesses, but “that’s a big reason why we think it’s still important to show the changing evolution of power,” she said.

Last year, Fortune also published a Most Powerful People list — “to recognize powerful people as powerful people” — and that list was dominated by men.

“That’s how the world is, and we’re not going to pretend that it’s otherwise,” Shontell said, adding that it is part of Fortune’s mission to track progress, present the world as it is, and when there are changes, to showcase them as well.




For Alyson Shontell, editor-in-chief and chief content officer of Fortune, there’s no more exciting place for her team to be right now to covering the world of business and women’s progress than Saudi Arabia. (AFP/File)

At the beginning of this year, US President Donald Trump issued an executive order on his second day in office calling titled “Ending Illegal Discrimination and Restoring Merit-Based Opportunity.”

He has issued multiple orders since then aimed at rolling back the diversity, inclusion and equity (DEI) policies of major corporations, foundations, non-profits, educational institutions and even the government.

One order, which deems DEI policies “illegal,” suggests that these policies are a “guise” for “dangerous, demeaning, and immoral race- and sex-based preferences.”

The directives have raised several concerns, some around women’s participation in the workforce.

Shontell, however, remains optimistic. “There’s a pretty strong commitment from women in the United States,” she said.

“We have made a lot of progress over the last 50 years here, and I don’t think many people would like to see that backslide.”




Alyson Shontell says that despite US President Donald Trump's policies aimed at rolling back the diversity, inclusion and equity (DEI) policies of major corporations, foundations, non-profits, educational institutions and even the government, women have made a lot of progress in the United States and there is no sign of sliding back. (AFP/File photo)

Shontell herself has been part of that commitment. She joined Business Insider in 2008, as the company’s sixth employee going on to become editor-in-chief in 2016.

When she was appointed as editor-in-chief at Fortune in 2021, she became the youngest and only woman to serve in that role in the company’s 95 years.

“When you think of who the editor-in-chief of Fortune, or even Business Insider, is, you don’t think of a young woman,” Shontell said.

To illustrate her point, she said that even if one asked AI what it thought the editor of a business magazine looks like, it would draw up someone like JPMorgan Chase chairman and CEO, Jamie Dimon.

And she was right. We asked Meta AI and ChatGPT: “Can you generate an image of the editor-in-chief of a major global business publication?” The former gave us four images: one of a woman and three of men, while the latter gave a single image featuring a man




There is still a long way ahead before gender equality is reached in businesses, but “that’s a big reason why we think it’s still important to show the changing evolution of power,” says Alyson Shontell. (AFP/File)

The most common reaction Shontell receives is surprise. But she doesn’t mind. Rather, she likes surprising people and the feeling that “no one sees you coming.”

It “kind of gives you something to work toward something to be extra proud of when you achieve it,” she said.

For Shontell, the industry has been nothing but change since she stepped into it, which was well after the days of leisurely business lunches and thick magazines, she says.

“A lot of the trends that we’re seeing now are just completely different than they were before,” and much of the conversation in the newsroom is around future-proofing the company, she said.

 

 

The key, according to her, is a flexible team and the knack to recognize trends and understand which ones are here to stay.

When she was at Business Insider, her goal was to get everyone to read it. Fortune, on the other hand, is not about scale.

“My goal is to continue to up our relevance and to broaden the audience just a little bit, but to keep it very much thought leadership,” she said.

Shontell explained that it is hard to run a company in a fast-changing and unpredictable world, and so, the question is: “How can we be the best asset for this global leadership reader?”

The aim is to “give them the information they need to do their jobs through the best of their abilities, so that the rest of us can all benefit from them making better decisions.”




Alyson Shontell says she doesn’t mind the still prevailing common perception about gender in the business world. She likes surprising people and the feeling that “no one sees you coming.” (Instagram: fortunempw)

Fortune was relatively slow to embrace digital media with its website only launching in 2014.

By the end of 2024, it had 24 million global users, and its social channels have a total of 7 million followers.

Still, not many younger audiences are aware of the brand or consume its content. Shontell admits that while Fortune has been very good at reaching C-suite audiences, “we have increasingly been bad at reaching the next generation and pulling them up through their career path.”

But now, with social media, she says “we have permission to show up differently on different platforms” to reach a potential reader.

That means speaking in a different tone of voice perhaps to reach GenZs and millennials on platforms like TikTok, which would be “their first experience with us,” she said.

It is a “delicate balance” of “how do you get that next gen reader so that Fortune will continue to exist and be read and widely known in 20 years, and how do you maintain that thought leadership at the same time?”

As part of this effort, Fortune is reinventing its video offering this year and launching podcasts.

Artificial intelligence is at the core of technology and any conversation about it, and undoubtedly is an “incredibly powerful tool,” said Shontell.

Despite the dangers of AI — fake news, misinformation, deepfakes — and concerns about potential job losses, Shontell believes AI will bring journalism back to its roots.

Any news or information that can be rounded up and aggregated does not need humans and will be done by AI, but that is an “exciting opportunity, because it will bring journalism back to its core roots of seeking original information and facts and bringing it to readers first with the best analysis (and) the best new information that you can get,” she said.

Shontell says that in the last decade or so, the news media industry has almost lost its way, partly because the business model is predicated on cutting through noise and grabbing attention, instead of delivering news in a way that is aligned with the news company’s specific approach.

There will be “hard change,” and news firms can either be a big publication with scale and a “solid” business model like The New York Times or Bloomberg, or a smaller, niche publication; anything in the “messy middle” will have a difficult time, she said.
 

 


Trump sues Murdoch, Wall Street Journal over Epstein sex bombshell

Updated 19 July 2025
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Trump sues Murdoch, Wall Street Journal over Epstein sex bombshell

  • Trump lashed at WSJ as a ‘useless ‘rag’ for publishing what he called a “false, malicious, defamatory, FAKE NEWS article”
  • Dow Jones, the Journal’s longtime publisher, responded to Trump’s libel suit Friday saying it is standing by the story

WASHINGTON: US President Donald Trump sued media magnate Rupert Murdoch and The Wall Street Journal for at least $10 billion Friday over publication of a bombshell article on his friendship with the infamous alleged sex trafficker of underage girls, Jeffrey Epstein.
The defamation lawsuit, filed in federal court in Miami, saw the 79-year-old Republican hitting back at a scandal threatening to cause serious political damage.
“We have just filed a POWERHOUSE Lawsuit against everyone involved in publishing the false, malicious, defamatory, FAKE NEWS ‘article’ in the useless ‘rag’ that is, The Wall Street Journal,” Trump posted on Truth Social late Friday.
The Journal reported Thursday that in 2003, the then-real estate magnate wrote a suggestive birthday letter to Epstein, illustrated with a naked woman and alluding to a shared “secret.”
The lawsuit, which also names two reporters, the Dow Jones corporation, and Murdoch’s parent company News Corp. as defendants, claims that no such letter exists and that the paper intended to malign Trump with a story that has now been viewed by hundreds of millions of people.
“And given the timing of the Defendants’ article, which shows their malicious intent behind it, the overwhelming financial and reputational harm suffered by President Trump will continue to multiply,” it said.
Dow Jones, the Journal’s longtime publisher, responded to Trump’s libel suit Friday saying it is standing by the story.
“We have full confidence in the rigor and accuracy of our reporting, and will vigorously defend against any lawsuit,” a Dow Jones spokesperson said in a statement.

 

 

In another bid to dampen outrage among his own supporters about an alleged government cover-up of Epstein’s activities and 2019 death, Trump ordered US Attorney General Pam Bondi to seek the unsealing of grand jury testimony from the prosecution against the disgraced financier.
In a filing in New York, Bondi cited “extensive public interest” for the unusual request to release what is typically secret testimony.
Epstein, a longtime friend of Trump and multiple high-profile men, was found hanging dead in a New York prison cell while awaiting trial on charges that he sexually exploited dozens of underage girls at his homes in New York and Florida.
The case sparked conspiracy theories, especially among Trump’s far-right voters, about an alleged international cabal of wealthy pedophiles. Epstein’s death — declared a suicide — before he could face trial supercharged the narrative.
When Trump returned to power for a second term this January, his supporters clamored for revelations about Epstein’s supposed list of clients. But Bondi issued an official memo this month declaring there was no such list.
The discontent in Trump’s “Make America Great Again” base poses a rare challenge to the Republican’s control of the political narrative in the United States.
It remained unclear whether a court would authorize the unsealing of the grand jury testimony.
But even if such material were made public, there is no assurance it would shed much, if any, light on the main questions raised in the conspiracy theories — particularly the existence and possible contents of an Epstein client list.
Asked Friday by reporters if he would pursue the broader release of information related to the case, Trump did not answer.

This undated trial evidence image obtained December 8, 2021, from the US District Court for the Southern District of New York shows British socialite Ghislaine Maxwell and US financier Jeffrey Epstein. (AFP)


Trump was close with Epstein for years, and the two were photographed and videoed together at parties, although there has never been evidence of wrongdoing.
The Wall Street Journal article published late Thursday was damaging because it indicated a shared interest in sex.
The Journal reported that Trump had wished Epstein a happy 50th birthday in 2003 with a “bawdy” letter, part of an album of messages from rich and well-known figures.
According to the Journal, the Trump letter contained the outline of a naked woman, apparently drawn with a marker, and had the future president’s signature “Donald” mimicking pubic hair. It ends, according to the newspaper, with “Happy Birthday — and may every day be another wonderful secret.”
Trump reacted in a series of furious social media posts, saying “it’s not my language. It’s not my words.”
“I never wrote a picture in my life. I don’t draw pictures of women,” he said.
US media has published multiple drawings done by Trump in the past, with several dating to the early 2000s when he used his celebrity status to donate sketches for charity.
 


Stephen Colbert’s ‘Late Show’ canceled by CBS, ends May 2026

Updated 18 July 2025
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Stephen Colbert’s ‘Late Show’ canceled by CBS, ends May 2026

  • Thursday’s announcement followed Colbert’s criticism on Monday of a settlement between Trump and Paramount Global

CBS is canceling “The Late Show With Stephen Colbert” next May, shuttering a decades-old TV institution in a changing media landscape and removing from air one of President Donald Trump’s most prominent and persistent late-night critics.

Thursday’s announcement followed Colbert’s criticism on Monday of a settlement between Trump and Paramount Global, parent company of CBS, over a “60 Minutes” story.

Colbert told his audience at New York’s Ed Sullivan Theater that he had learned Wednesday night that after a decade on air, “next year will be our last season. ... It’s the end of ‘The Late Show’ on CBS. I’m not being replaced. This is all just going away.”

The audience responded with boos and groans.

“Yeah, I share your feelings,” the 61-year-old comic said.

Three top Paramount and CBS executives praised Colbert’s show as “a staple of the nation’s zeitgeist” in a statement that said the cancellation “is purely a financial decision against a challenging backdrop in late night. It is not related in any way to the show’s performance, content or other matters happening at Paramount.”

In his Monday monologue, Colbert said he was “offended” by the $16 million settlement reached by Paramount, whose pending sale to Skydance Media needs the Trump administration’s approval. He said the technical name in legal circles for the deal was “big fat bribe.”

“I don’t know if anything — anything — will repair my trust in this company,” Colbert said. “But, just taking a stab at it, I’d say $16 million would help.”

Trump had sued Paramount Global over how “60 Minutes” edited its interview last fall with Democratic presidential candidate Kamala Harris. Critics say the company settled primarily to clear a hurdle to the Skydance sale.

Colbert took over “The Late Show” in 2015 after becoming a big name in comedy and news satire working with Jon Stewart on “The Daily Show” and hosting “The Colbert Report,” which riffed on right-wing talk shows.

The most recent ratings from Nielsen show Colbert gaining viewers so far this year and winning his timeslot among broadcasters, with about 2.417 million viewers across 41 new episodes. On Tuesday, Colbert’s “Late Show” landed its sixth nomination for a Primetime Emmy Award for outstanding talk show. It won a Peabody Award in 2021.

David Letterman began hosting “The Late Show” in 1993. When Colbert took over, he deepened its engagement with politics. Alongside musicians and movie stars, Colbert often welcomes politicians to his couch.

Democratic Sen. Adam Schiff of California was a guest on Thursday night. Schiff said on X that “if Paramount and CBS ended the Late Show for political reasons, the public deserves to know. And deserves better.” Democratic Sen. Elizabeth Warren of Massachusetts released a similar statement.

Colbert’s counterpart on ABC, Jimmy Kimmel, posted on Instagram “Love you Stephen” and directed an expletive at CBS.

Actor and producer Jamie Lee Curtis noted in an interview in Los Angeles that the cancellation came as the House passed a bill approving Trump’s request to cut funding to public broadcasters NPR and PBS.

“They’re trying to silence people, but that won’t work. Won’t work. We will just get louder,” said Curtis, who has previously criticized Trump and is set to visit Colbert’s show in coming days.

Colbert has long targeted Trump. The guests on his very first show in September 2015 were actor George Clooney and Jeb Bush, who was then struggling in his Republican presidential primary campaign against Trump.

“Gov. Bush was the governor of Florida for eight years,” Colbert told his audience. “And you would think that that much exposure to oranges and crazy people would have prepared him for Donald Trump. Evidently not.”

Late-night TV has been facing economic pressures for years; ratings and ad revenue are down and many young viewers prefer highlights online, which networks have trouble monetizing. CBS also recently canceled host Taylor Tomlinson’s “After Midnight,” which aired after “The Late Show.”

Still, Colbert had led the network late-night competition for years. And while NBC has acknowledged economic pressures by eliminating the band on Seth Meyers’ show and cutting one night of Jimmy Fallon’s “The Tonight Show,” there had been no such visible efforts at “The Late Show.”

Colbert’s relentless criticism of Trump, his denunciation of the settlement, and the parent company’s pending sale can’t be ignored, said Bill Carter, author of “The Late Shift.”

“If CBS thinks people are just going to swallow this, they’re really deluded,” Carter said.

Andy Cohen, who began his career at CBS and now hosts “Watch What Happens Live,” said in an interview: “It is a very sad day for CBS that they are getting out of the late-night race. I mean, they are turning off the lights after the news.”


Syrian TV presenter runs for cover on air as Israeli strikes hit Damascus

Updated 16 July 2025
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Syrian TV presenter runs for cover on air as Israeli strikes hit Damascus

  • In a major escalation, the Israeli army bombed the Syrian military headquarters in Damascus

DUBAI: A widely circulated video showed a Syrian news presenter visibly startled and leaving her live segment to take cover as Israeli strikes hit Damascus on Wednesday.

Israel’s Defense Minister, Israel Katz, shared the video on X with the caption: “The heavy blows have started.”

In the video, the presenter jolted on air at the sound of the explosion, as a missile struck the building behind her.

 

 

In a major escalation, the Israeli army bombed the Syrian military headquarters in Damascus and carried out additional strikes on Syrian forces in the southern city of Sweida amid intensified clashes between government troops and Druze armed groups.

Israel has attacked Damascus following on threats to ramp up attacks if the Syrian government forces did not withdraw from Sweida, vowing to protect the Druze religious minority.

Before the live segment was interrupted, the presenter was reporting on Katz’s statement that the Israeli army would continue “to operate vigorously in Sweida to destroy the forces that attacked the Druze until they withdraw completely.”

Clashes raged in Sweida on Wednesday after a ceasefire between government forces and Druze armed groups collapsed. Israel has launched a series of airstrikes on convoys of government forces in southern Syria since the clashes erupted and has beefed up forces on the border.

The army said it struck near the entrance to the Syrian Ministry of Defense in Damascus.


Houthi-linked arms traders using X, WhatsApp to sell weapons: Report

Updated 16 July 2025
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Houthi-linked arms traders using X, WhatsApp to sell weapons: Report

  • Arms dealers linked to Houthi militants in Yemen use social media platforms as storefront for weapons trade, including US and Russian-made rifles and grenades
  • Tech Transparency Project said open trade appears to breach X, WhatsApp policies on firearms dealing, accuse platforms of failing to stop it

LONDON: Arms dealers linked to Yemen’s Houthi militia have been using social media platforms such as X and WhatsApp to sell weapons, according to a new report.

The Tech Transparency Project, or TTP, identified hundreds of accounts openly dealing in rifles, rocket-propelled grenades and other military-grade equipment, in apparent violation of the platforms’ policies.

“X and WhatsApp are providing an essential platform to Houthi-linked arms dealers selling weapons of war,” the report read. “The companies have policies in place that prohibit that kind of illicit trade but are allowing it to take place in the open.”

TTP called the activity “a threat to US national security interests,” noting the Iran-backed group is designated as a terrorist organization.

The months-long investigation by the Washington-based watchdog, which monitors accountability in Big Tech, found that Houthi-affiliated arms dealers had been running commercial weapons stores on both platforms for months, and in some cases, years.

This account offered a Soviet rocket-propelled grenade launcher and a collection of Turkish-made M4 carbine clones. (TTP/File)
This account offered a Soviet rocket-propelled grenade launcher and a collection of Turkish-made M4 carbine clones. (TTP/File)

Researchers identified at least 130 Yemen-based X accounts and 67 WhatsApp business accounts advertising military-grade equipment or promoting catalogues of guns for sale. These included US-manufactured weapons — some marked “Property of US Govt” — and other Western arms labeled with “NATO.”

In one instance, a seller listed four M4 carbines — an assault rifle used by the US military and manufactured by FN Herstal and Colt — and directed buyers to WhatsApp. Another account offered a package deal that included a ballistic helmet, night-vision goggles and grenades.

Russian weapons, including RPG-7 launchers and AK-47s, also featured prominently. A Soviet RPG-7 was offered for about $1,800, while another account advertised a “zero mileage” Russian AK-47.

Prices for some weapons reportedly reached $10,000, suggesting sales may be intended for other armed groups or insurgents.

Many of the accounts displayed allegiance to the Houthi, including photos of weapons in crates marked with Houthi slogans such as “Death to America, death to Israel.”

The emblem states “God is great, Death to America, death to Israel, damnation to the Jews, victory to Islam.” (TTP/File)
The emblem states “God is great, Death to America, death to Israel, damnation to the Jews, victory to Islam.” (TTP/File)

More than half of the X accounts listed Sanaa — under Houthi control for more than a decade — as their location. Many accounts funneled buyers to WhatsApp business profiles, some of which openly displayed catalogs of rifles and ammunition. A number of these were also linked to Facebook and Instagram accounts, raising further concerns over Meta’s enforcement of its firearms policies.

Meta, which owns WhatsApp, says it reviews all images submitted to product catalogs, yet researchers found little evidence of enforcement. The company said it had since removed several accounts and claimed it does not profit from this type of activity but declined to answer how the content had bypassed existing filters.

“X and WhatsApp both have policies against weapons sales but they are allowing arms traders linked to a US-designated terrorist group to traffic weapons on their platforms,” said Katie Paul, the director of TTP.

“In some cases these companies may be profiting off violations of their own policies that create risks for US national security.”

This arms trader X account linked to a WhatsApp business account with a catalog of guns and a banner photo of Mahdi al-Mashat, a top Houthi official, firing a rifle. (TTP/File)
This arms trader X account linked to a WhatsApp business account with a catalog of guns and a banner photo of Mahdi al-Mashat, a top Houthi official, firing a rifle. (TTP/File)

TTP’s findings, which build on a similar August 2024 investigation by The Times, suggest most of the Houthi-linked arms dealer accounts were created or became active following mass layoffs at X and Meta that weakened enforcement capabilities. Many handles had blue ticks and were subscribed to premium services that are supposed to be moderated.

Roughly two-thirds of the accounts appear to have posted weapons content in the past six months.

“Both Meta and X have the capital, the tools and the human resources to address this problem, but they’re not doing so,” Paul said.


Asharq News revamps ‘Da’erat Asharq’ with a sharper political focus

Updated 15 July 2025
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Asharq News revamps ‘Da’erat Asharq’ with a sharper political focus

  • Daily programme featurs one-on-one conversations with top editors and analysts from across SRMG platforms, unpacking regional and global developments

RIYADH: Asharq News has launched a refreshed edition of its daily political programme “Da’erat Asharq”, returning with a renewed format and deeper analysis of political developments shaping the regional and international landscape. 

The show features in-depth, one-on-one conversations with leading journalists, analysts, and experts from across the Saudi Research and Media Group (SRMG), bringing to life a shared editorial ecosystem that enriches Asharq News’ analytical programming. 

Presented by journalist Mirasha Ghazi, each episode delves into the layered contexts behind unfolding events, guided by balanced dialogue and rigorous inquiry. The programme draws on the editorial strengths of SRMG’s flagship outlets, including “Asharq Al-Awsat”, “Independent Arabia”, “Al Majalla”, and “Arab News”, offering trusted perspectives rooted in real-world expertise. 

“Da’erat Asharq reflects our editorial mission to deliver credible content and deep analysis,” said Dr. Nabeel Al Khatib, General Manager of Asharq News. 

“In an era of political noise, audiences need level-headed perspectives and meaningful conversation, and that’s exactly what this programme offers.” 

Ghassan Charbel, Editor-in-Chief of Asharq Al-Awsat, added: “Our ambition is to offer high-quality analysis that helps audiences gain a deeper understanding of the region and the world, powered by the depth and talent of our journalists and analysts.” 

Odwan Al Ahmari, Editor-in-Chief of Independent Arabia, said: “This initiative is rooted in the group’s vision for editorial integration. We’re proud to contribute to this promising project that promotes collaboration and shared content creation.” 

Ibrahim Hamidi, Editor-in-Chief of Al Majalla, remarked: “This partnership enhances editorial alignment across SRMG’s platforms. Our contribution includes in-depth commentary from some of the most respected voices across the Arab world and beyond.” 

Faisal Abbas, Editor-in-Chief of Arab News, said: “We’re pleased to participate in this programme by bringing an international perspective that spans from Tokyo to Toronto, reinforcing our close, ongoing editorial collaboration with Asharq.”