Business Insider’s owner stands by reporting on MIT professor plagiarism

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Business Insider and its parent company, Axel Springer, said Sunday that they stand by their reporting that a prominent former MIT professor committed plagiarism in her work, an allegation that ignited a storm of social media criticism from her billionaire husband, Bill Ackman.

“We stand by Business Insider and its newsroom,” Axel Springer said in a statement.

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In a note published Sunday morning, Business Insider CEO Barbara Peng said there were no personal biases or religious motivations that inspired the reporting. The company said last week that it would review the reporting process after Ackman criticized the website’s reporting.

“The process we went through to report, edit, and review the stories was sound, as was the timing,” Peng wrote, adding: “The stories are accurate and the facts well documented.”

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