International Business Times

==History==
[[File:Ibtfxdrawing.jpg|thumb|upright|left|A hand-drawn blueprint, created in 2007 by Davis, outlining what would become the ''[[IBTimes]]'' FX editor]]

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.<ref>{{cite magazine |url=http://www.digiday.com/publishers/the-newest-media-mogul/ |title=Company Timeline |magazine=[[Digiday]] |access-date=September 17, 2012}}</ref> 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.<ref>{{cite web |url=http://www.ibtimes.com/aboutus/timeline.htm |title=Company Timeline |work=International Business Times |access-date=October 12, 2011 |archive-date=June 27, 2012 |archive-url=https://web.archive.org/web/20120627081714/http://www.ibtimes.com/aboutus/timeline.htm |url-status=dead}}</ref>

In May 2012, the company announced the appointment of [[Jeffery Rothfeder]], a former national news editor at [[Bloomberg News|Bloomberg]], as [[editor-in-chief]] and the promotion of Davis from [[executive editor]] to [[chief content officer]].<ref>{{cite web |url=http://www.marketwatch.com/story/accomplished-news-executive-jeffrey-rothfeder-named-editor-in-chief-at-international-business-times-2012-05-23 |title=Marketwatch |publisher=Marketwatch.com |access-date=June 2, 2012}}</ref>

On August 4, 2013, [[Newsweek Media Group|IBT Media]] announced its purchase of ''[[Newsweek]]'' and the domain newsweek.com from [[IAC (company)|IAC/InterActiveCorp]].<ref>{{cite news |url=https://www.washingtonpost.com/business/technology/newsweek-purchased-by-international-business-times-owner/2013/08/04/403c6c10-fd2a-11e2-8294-0ee5075b840d_story.html |archive-url=https://web.archive.org/web/20130805174313/http://www.washingtonpost.com/business/technology/newsweek-purchased-by-international-business-times-owner/2013/08/04/403c6c10-fd2a-11e2-8294-0ee5075b840d_story.html |archive-date=August 5, 2013 |title=Newsweek purchased by International Business Times owner |newspaper=The Washington Post |access-date=August 4, 2013 |url-status=dead}}</ref>

[[Peter S. Goodman]], previously executive business editor and [[global news]] editor of ''[[The Huffington Post]]'', became editor-in-chief in 2014.<ref name=nytimes>{{cite news |url=https://www.nytimes.com/2014/03/05/business/media/huffington-post-editor-leaving-for-international-business-times.html|title=Huffington Post Business and Global News Editor Is Leaving for International Business Times |author=Leslie Kauffman |date=March 4, 2014 |work=The New York Times |access-date=April 12, 2016}}</ref> Goodman left the company in 2016.<ref>{{cite news |url=https://talkingbiznews.com/they-talk-biz-news/ib-times-editor-goodman-is-leaving/ |title=IB Times editor Goodman is leaving}}</ref> and was soon replaced by Dayan Candappa, the ex-deputy managing editor of [[Reuters]], as new Editor-in-Chief of ''IBTimes''.<ref>{{cite news |url=https://talkingbiznews.com/they-talk-biz-news/candappa-named-editor-in-chief-of-international-biz-times/ |title=Candappa named editor in chief of International Biz Times |author=Chris Roush |date=May 23, 2016 |work=Talking Biz News |access-date=March 26, 2021}}</ref> From March to July 2016, ''IBT'' laid off an estimated thirty percent of its editorial staff.<ref>{{cite news |last1=Grove |first1=Lloyd |title=Pay Up: Journalists Twitter-Shame IBT Bosses Over Severance Pay |url=http://www.thedailybeast.com/articles/2016/07/29/pay-up-journalists-twitter-shame-ibt-bosses-over-severance-pay.html |access-date=December 21, 2016 |work=The Daily Beast |date=July 29, 2016}}</ref> This period marked a new era for the company as it expanded into branded content and events with its sister publication ''Newsweek''. At the same time, [[Dev Pragad]], was brought to the [[United States]] from [[London]] to be the global CEO of ''Newsweek'' and ''IBT''{{'}}s parent company.<ref>{{Cite news |url=http://adage.com/article/media/ibt-media-layoffs-announces-leadership-team/305002/ |title=IBT Media, Following Layoffs, Announces New Leadership Structure |access-date=March 31, 2017 |language=en}}</ref><ref>{{Cite news |url=http://digiday.com/uk/battered-us-ibt-media-chases-overseas-revenue-new-branded-content-arm/ |title=Battered in the US, IBT Media is expanding in Europe |date=August 17, 2016 |work=[[Digiday]] |access-date=March 31, 2017 |language=en-US}}</ref> This was followed in January 2017 by the appointment of [[Alan Press]] in the "newly created, strategic role of President".<ref>{{Cite web |url=https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapid=244528005 |title=IBT Media, Inc.: Private Company Information |publisher=Bloomberg L.P. |access-date=March 31, 2017}}</ref>