International Business Times
Encyclopedia
The International Business Times is an online global business newspaper, published in 17 editions in 10 languages across 13 countries. The publication, sometimes called IBTimes, offers news, analysis and editorial commentary on business and business related stories. It is ranked by Alexa
as the third top-most visited site among business newspapers.
Launched in 2005, IBTimes was created to provide news services to the global business community. It is a privately held company wholly owned by its Board of Directors. Its headquarters are in the former Newsweek offices in the Financial District
of New York.
In late 2005 both Uzac and Davis moved to New York to launch the site, with Uzac primarily focused on business strategy, while Davis coded the site and wrote the first articles.
The site went live in December 2005, and the two formally incorporated the company in April 2006 as the The International Business Times Inc..
Pragad later joined the company after finishing his doctorate in Electrical Engineering at the Kings College of London, in 2009, to help set up the global network. Prior to that Pragad was assisting Uzac and Davis on technology and operations matters on an ad hoc basis.
In 2007, the company launched the IBT Forex Center (Forex: foreign exchange
), making it the first news agency to serve the needs of currency traders.
In 2011, William Grueskin, the academic dean of the Columbia Journalism School, became the paper's senior editorial adviser.
They moved into the former Newsweek
office building's fifth floor, in the Financial District
, in July 2011. Reporting staff at the time of the move numbered 50.
In August of 2011, IBTimes was ranked among the top 10 online growth properties in the United States by Comscore
, growing 31 percent in one month.
By October of 2011, the site ranked within the top 400 U.S properties, and the top 900 global websites.
It has since expanded to included other specialized services.
Alexa
- Names :*Alexa , discussion of the name itself*Alexa Chung, British TV presenter*Alexa Davalos, French-American actress*Alexa Demara, American actress*Alexa Gerasimovich, American actress*Alexa Glatch, American tennis player...
as the third top-most visited site among business newspapers.
Launched in 2005, IBTimes was created to provide news services to the global business community. It is a privately held company wholly owned by its Board of Directors. Its headquarters are in the former Newsweek offices in the Financial District
Financial District, Manhattan
The Financial District of New York City is a neighborhood on the southernmost section of the borough of Manhattan which comprises the offices and headquarters of many of the city's major financial institutions, including the New York Stock Exchange and the Federal Reserve Bank of New York...
of New York.
Company Background
The company was first conceived in London by Etienne Uzac, then a student at the London School of Economics. Uzac was introduced to Johnathan Davis through mutual friend Dev Pragad in 2005, and recruited Davis to help launch the company.In late 2005 both Uzac and Davis moved to New York to launch the site, with Uzac primarily focused on business strategy, while Davis coded the site and wrote the first articles.
The site went live in December 2005, and the two formally incorporated the company in April 2006 as the The International Business Times Inc..
Pragad later joined the company after finishing his doctorate in Electrical Engineering at the Kings College of London, in 2009, to help set up the global network. Prior to that Pragad was assisting Uzac and Davis on technology and operations matters on an ad hoc basis.
In 2007, the company launched the IBT Forex Center (Forex: foreign exchange
Foreign exchange
Foreign exchange may refer to:Finance* Foreign exchange markets, where money in one currency is exchanged for another* Exchange rate, the price for which one currency is exchanged for another...
), making it the first news agency to serve the needs of currency traders.
In 2011, William Grueskin, the academic dean of the Columbia Journalism School, became the paper's senior editorial adviser.
They moved into the former Newsweek
Newsweek
Newsweek is an American weekly news magazine published in New York City. It is distributed throughout the United States and internationally. It is the second-largest news weekly magazine in the U.S., having trailed Time in circulation and advertising revenue for most of its existence...
office building's fifth floor, in the Financial District
Financial District, Manhattan
The Financial District of New York City is a neighborhood on the southernmost section of the borough of Manhattan which comprises the offices and headquarters of many of the city's major financial institutions, including the New York Stock Exchange and the Federal Reserve Bank of New York...
, in July 2011. Reporting staff at the time of the move numbered 50.
Growth
IBTimes experienced rapid growth, particularly through 2010 and 2011.In August of 2011, IBTimes was ranked among the top 10 online growth properties in the United States by Comscore
ComScore
comScore is a Internet marketing research company providing marketing data and services to many of the Internet's largest businesses. comScore tracks all internet data on its surveyed computers in order to study online behavior....
, growing 31 percent in one month.
By October of 2011, the site ranked within the top 400 U.S properties, and the top 900 global websites.
Features
IBTimes features news, analysis and opinion on geo-politics, global economy, markets, large and small cap companies, science and technology , and business life and culture.It has since expanded to included other specialized services.
- Forex Center --The IBTimes Forex Center was launched in Q4 of 2007 and has grown to become the largest portal serving currency traders on any mainstream publication.
- Commodities Center -- Also launched during the Q4 of 2007, the Commodities Center provides news, analysis, and opinion for commodities traders.
- Education -- The Education site offers news regarding business-schools for prospective students and those generally interested in the industry. It was launched in Q2 of 2008.
- Autos -- Launched in Q1 of 2009, the Autos section links enthusiasts and investors with news about the auto-industry itself, and reviews and analysis on the products they make
- Jobs -- The Jobs section, launched in Q2 of 2009, gives insight on the global labor markets, with trend analysis and tips for the job seeker.
- Health -- Health was launched in Q2 of 2009 with a news focus on health sector, and features relating to personal health and health research.
- Real Estate -- The Real Estate section highlights interesting architecture around the world and design trends. It also covers the buying and selling of residential and commercial properties. It was launched Q2 2009.
- Travel -- Launched in Q2 of 2008, the Travel section comprises primarily of features on destinations of interest around the world.
- Life & Style -- Life and Style features analysis and commentary on the latest trends in luxury and designer fashion, products and lifestyle. It was launched in Q1 of 2009.
Subscriber Services
The primary offering of The International Business Times are its newspapers published in various world markets. Additionally, the company offers a number of specialized tools, research and information for traders, investors, and financial professionals.
- Real-Time Economic News -- The software development company MetaQuotes Software Corp joined the International Business Times have to offer integrated newswire and trading platform services to retail brokers and traders. The real time newswire service by IBTimes on forex and global multi-asset class will now be available by default on MetaTrader4 and MetaTrader 5 for brokerage firms that use MetaTrader.
- Intelligent Investors -- The II e-magazine aims to give finance professionals a quick overview on important events in the markets Currently two editions are produced daily: US and UK.