International Business Times

The International Business Times is an American online newspaper that publishes five national editions in four languages. The publication, sometimes called IBTimes or IBT, offers news, opinion and editorial commentary on business and commerce. IBT is one of the world's largest online news sources, claiming forty million unique visitors each month in 2014. Its 2013 revenues were around $21 million. As of January 2022,^[update] IBTimes editions include Australia, India, International, Singapore, U.K. and U.S.

IBTimes was launched in 2005; it is owned by IBT Media, and was founded by Etienne Uzac and Johnathan Davis, two followers of David Jang who also has a relationship to IBT and Newsweek. Its headquarters are in the Financial District of Lower Manhattan, New York City.

Founder Etienne Uzac, a native of France, came up with the idea for the global business news site while a student at the London School of Economics. He found that the strongest business newspapers had a focus on the United States and Europe and planned to provide broader geographic coverage. Uzac recruited Johnathan Davis to join him in the enterprise. In late 2005, Uzac and Davis moved to New York City to launch the site, with Uzac primarily focused on business strategy, while Davis coded the site and wrote the first articles.

In May 2012, the company announced the appointment of Jeffery Rothfeder, a former national news editor at Bloomberg, as editor-in-chief and the promotion of Davis from executive editor to chief content officer. In 2013, it bought the struggling Newsweek magazine from Barry Diller.

Peter S. Goodman, previously executive business editor and global news editor of The Huffington Post, became editor-in-chief in 2014. Goodman left the company in 2016. and was soon replaced by Dayan Candappa, the ex-deputy managing editor of Reuters, as new Editor-in-Chief of IBTimes. From March to July 2016, IBT laid off an estimated thirty percent of its editorial staff. At the same time, Pragad, was brought to the United States from London to be the global CEO of Newsweek and IBT's parent company. This was followed in January 2017 by the appointment of Alan Press in the "newly created, strategic role of President".

In 2018, IBT spun out Newsweek as an independent entity co-owned by Davis and current Newsweek president and CEO Dev Pragad.

In April 2006 the International Business Times made its first foray into the online world with the launch of ibtimes.com. This provided a summary of news from around the globe, which was supplemented in November 2007 with a dedicated Foreign Exchange (Forex) portal, providing 24/7 coverage. After 2007 the site underwent several revamps and changes of strategy as the company reacted to changes online, culminating with a design to highlight its journalism and better serve advertisers in 2017.

From 2012, IBTimes won or was nominated for a series of online media and journalism awards, including best investigative journalism, editor of the year, best video journalism and best writer of the year.