International Business Times

{{short description|American online news publication that publishes seven national editions and four languages}}
{{Use mdy dates|date=April 2023}}
{{Distinguish|Business Insider}}
{{Infobox newspaper
| name = International Business Times
| logo = [[File:Logo Intl Business Times.png|225px]]
| image = Ibtscreenshot09102010.png
| image_size = 175px
| caption = Home page of the September 9, 2010, edition of ''IBTimes''
| type = 24/7
| format = [[Online]]
| foundation = {{Start date and age|2006}}
| owners = [[IBT Media]]
| headquarters = 7 [[Hanover Square, Manhattan|Hanover Square]], Fl 5<br />[[Manhattan]], [[New York City]], US
| language = {{hlist|English|Chinese|Japanese}}
| website = {{URL|http://www.ibtimes.com}}
}}
The '''''International Business Times''''' is an American [[online newspaper]]<ref name='IBT_about'>{{cite web |url=http://www.ibtimes.com/corporate/about |title=About us |access-date=August 6, 2013 |work=International Business Times |date=August 23, 2012 |publisher=[[IBT Media]]}}</ref> 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, receiving forty million unique visitors each month.<ref name=Dooley /><ref>{{cite web |title=IBT Media: 2014 Media Kit |url=http://www.ibtimes.com/sites/www.ibtimes.com/files/about/ibtmedia_mediakit2014_v1.pdf |work=International Business Times |access-date=December 21, 2016 |archive-date=October 11, 2017 |archive-url=https://web.archive.org/web/20171011225435/http://www.ibtimes.com/sites/www.ibtimes.com/files/about/ibtmedia_mediakit2014_v1.pdf |url-status=dead}}</ref> Its 2013 revenues were around $21 million.<ref>{{cite news |last1=Kaufman |first1=Leslie |title=Huffington Post Business and Global News Editor Is Leaving for International Business Times |url=https://www.nytimes.com/2014/03/05/business/media/huffington-post-editor-leaving-for-international-business-times.html |access-date=December 21, 2016 |work=The New York Times |date=March 4, 2014}}</ref> {{As of|January 2022|post=,}} IBTimes editions include [[Australia]],<ref>{{Cite web |title=International Business Times AU |url=https://www.ibtimes.com.au/ |access-date=January 12, 2022 |website=International Business Times, Australia Edition |language=en}}</ref> [[India]],<ref>{{Cite web |title=Latest News, Breaking News, Top News & Updates in India |url=https://www.ibtimes.co.in/ |access-date=January 12, 2022 |website=International Business Times, India Edition |language=english}}</ref> International,<ref>{{Cite web |title=IBTimes INTL |url=https://intl.ibtimes.com/ |access-date=January 12, 2022 |website=International Business Times, International Edition}}</ref> [[Singapore]],<ref>{{Cite web |title=International News, Analysis, Politics, Business, Technology, Entertainment – IB Times SG Edition |url=https://www.ibtimes.sg/ |access-date=January 12, 2022 |website=International Business Times, Singapore Edition |language=en}}</ref> [[United Kingdom|U.K.]]<ref>{{Cite web |title=Latest Breaking News {{!}} Business, Technology, Political & Sport News {{!}} IBTimes UK {{!}} IBT |url=https://www.ibtimes.co.uk/ |access-date=January 12, 2022 |website=International Business Times, UK Edition}}</ref> and [[United States|U.S.]]<ref>{{Cite web |title=International Business Times |url=https://www.ibtimes.com/ |access-date=January 12, 2022 |website=International Business Times, US Edition}}</ref>

''IBTimes'' was launched in 2005; it is owned by [[IBT Media]],<ref>{{Cite web |url=http://corp.ibt.com/ |title=IBT Media: An Innovative Digital Media Company |last=Media |first=IBT |website=corp.ibt.com |language=en |access-date=October 23, 2018}}</ref> and was founded by Etienne Uzac and Johnathan Davis. Its headquarters are in the [[Financial District, Manhattan|Financial District]] of [[Lower Manhattan]], [[New York City]].<ref name=juju>{{cite news |url=https://observer.com/2011/07/braving-bad-juju-international-business-times-moves-into-newsweeks-old-newsroom/ |title=Braving bad juju International Business Times moves into Newsweek's old newsroom |work=The New York Observer |access-date=October 9, 2011}}</ref>

==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>

==Content==
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.
<ref>{{Cite news |url=https://www.investegate.co.uk/the-international-business-tim/prn/ibtimes-launches-the-first-forex-news-channel-b---/20071128130000NC239/ |title=IBTimes Launches the First Forex News Channel |date=November 28, 2007 |language=en-US}}</ref>  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.<ref>{{Cite news |url=https://www.adweek.com/performance-marketing/how-redesigns-newsweek-and-ibt-will-better-serve-advertisers-168539/ |title=How Newsweek and IBT's Digital Redesigns Will Better Serve Advertisers |date=December 19, 2016 |language=en-US}}</ref><ref>{{Cite news |url=https://archive.foliomag.com/newsweek-international-business-times-launch-new-websites/ |title=Newsweek and International Business Times Launch New Websites |date=December 10, 2016 |language=en-US}}</ref>
[[File:S3.49.18 AM.png|thumb|IBT US newsroom]]
Ex-journalists told ''[[The Guardian]]'' in 2014 that at times they seemed to operate more as "content farms" - demanding high-volume output - than a source of quality journalism. At least two journalists were allegedly threatened with firing unless readership to their articles increased sharply.<ref name=guardian_unconventional />

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.<ref>{{Cite news |url=https://www.ibtimes.co.uk/corporate/about |title=About Us |website=International Business Times UK |language=en-US |url-status=dead |archive-url=https://web.archive.org/web/20220523013839/https://www.ibtimes.co.uk/corporate/about |archive-date= May 23, 2022 }}</ref>

In 2015, ''IBT'' was nominated [[Gerald Loeb Award]] for distinguished business journalism in the beat reporting around state pension corruption.<ref>{{Cite web |last=Roush |first=Chris |date=2015-05-14 |title=Finalists announced for Loeb Awards |url=https://talkingbiznews.com/they-talk-biz-news/finalists-announced-for-loeb-awards/ |website=Talking Biz News |language=en-US |url-status=live |archive-url= https://web.archive.org/web/20240102061420/https://talkingbiznews.com/they-talk-biz-news/finalists-announced-for-loeb-awards/ |archive-date= Jan 2, 2024 }}</ref>  The series of reports by the ''IBT'' team led [[New Jersey]] state government to open a formal pay to play investigation and to divest state holdings in a venture capital firm.<ref>{{Cite web |date=2015-03-11 |title=Report: More questionable pension investments under Christie |url=https://observer.com/2015/03/report-more-questionable-pension-investments-under-christie/ |first1=Chase |last1=Brush |website=Observer |language=en-US |url-status=live |archive-url= https://web.archive.org/web/20230410064603/https://observer.com/2015/03/report-more-questionable-pension-investments-under-christie/ |archive-date= Apr 10, 2023 }}</ref><ref>{{Cite web |date=May 9, 2014 |title=Baker denies connection between donation, investment |url=https://www.bostonglobe.com/metro/2014/05/09/charlie-baker-connection-with-donation-and-millions-firm/qurPDG07LQWQLYnLRQNPfO/story.html |url-access=subscription |website=The Boston Globe |first1=Frank |last1=Phillips |first2=Jim |last2=O'Sullivan |url-status=live |archive-url=https://web.archive.org/web/20211201055646/https://www.bostonglobe.com/metro/2014/05/09/charlie-baker-connection-with-donation-and-millions-firm/qurPDG07LQWQLYnLRQNPfO/story.html |archive-date= Dec 1, 2021 }}</ref> The series also led San Francisco officials to delay a proposed $3 billion investment in hedge funds.<ref>{{Cite web |last=Sirota |first=David |date=2014-10-09 |title=San Francisco Halts Hedge Fund Push |url=https://www.ibtimes.com/san-francisco-pension-officials-halt-proposal-invest-hedge-funds-1701931  |website=International Business Times |language=en-US |url-status=live |archive-url= https://web.archive.org/web/20240227093208/https://www.ibtimes.com/san-francisco-pension-officials-halt-proposal-invest-hedge-funds-1701931 |archive-date= Feb 27, 2024 }}</ref><ref>{{Cite news |last=Pender |first=Kathleen |title=S.F. board to vote on controversial hedge funds for pension fund |url=https://www.sfgate.com/business/networth/article/S-F-board-to-vote-on-controversial-hedge-funds-5862357.php |date=Oct 31, 2014 |work=SFGATE |language=en |url-status=live |archive-url= https://web.archive.org/web/20230411075805/https://www.sfgate.com/business/networth/article/S-F-board-to-vote-on-controversial-hedge-funds-5862357.php |archive-date= Apr 11, 2023 }}</ref>

In 2016, ''IBT'' received four "Best in Business" awards from the [[Society of American Business Editors and Writers]] (SABEW), the most of any publication that year. The works included the International Explainer winner "Lebanon's Refugee Economy"<ref>{{Cite news |url=https://www.ibtimes.com/turkey-russia-iraq-syria-black-market-oil-trade-thats-fueling-isis-dividing-terrorist-2217476 |title=Turkey, Russia, Iraq And Syria: The Black Market Oil Trade That's Fueling ISIS And Dividing The Terrorist Group's Opponents |date=December 9, 2015 |language=en-US}}</ref> which brought new understanding to the economic and human dimensions of the crisis in Syria. An examination of exorbitant fees charged to prisoners,<ref>{{Cite news |url=https://www.ibtimes.com/private-tech-firms-securus-gtl-offer-jails-million-dollar-payments-tablet-computers-2003383 |title=Private Tech Firms Securus, GTL Offer Jails Million-Dollar Payments, Tablet Computers For Exclusive Phone Contracts |date=July 10, 2015 |language=en-US}}</ref> prompted a response by the [[FCC]].<ref>{{Cite news |url=https://www.ibtimes.com/very-personal-reason-fcc-commissioner-fought-regulate-prison-phone-calls-2169964 |title=The Very Personal Reason This FCC Commissioner Fought To Regulate Prison Phone Calls |date=November 11, 2016 |language=en-US}}</ref> while an in-depth series on the business of marijuana<ref>{{Cite news |url=https://www.ibtimes.com/reporters/joel-warner |title=Marijuanna Inc |language=en-US}}</ref> won the Small Business Category.<ref>{{Cite news |url=https://sabew.org/contestsawards/2016-best-in-business-honorees/ |title=2016 Best in Business Honorees |date=March 17, 2016 |language=en-US}}</ref>

Goodman said of the time the awards were "validation of our aggressive investment in original reporting and story-telling."<ref>{{Cite news |url=https://www.newswire.com/news/international-business-times-wins-four-sabew-best-in-business-awards-9347709 |title=International Business Times Wins Four SABEW Best in Business Awards |date=March 17, 2016 |language=en-US}}</ref>

Also 2016, ''IBT'' hired [[John Crowley (journalist)|John Crowley]], the [[The Wall Street Journal|''Wall Street Journal''<nowiki/>'s]] EMEA digital editor, as its UK editor-in-chief. According to ''The Guardian'', "Crowley said his focus would be on helping the site break exclusives, in-depth storytelling and new forms of digital journalism. He said ''IBT'' was putting together a UK business desk and hiring an audience team." Crowley stated, "We are not a [[wire service]] or so-called [[paper of record]]... but I have a vision of where I want to take a site... we've got to have a USP (unique selling proposition)... make ourselves distinctive in journalistic terms."<ref>{{cite news |last1=Jackson |first1=Jasper |title=International Business Times appoints WSJ's John Crowley as UK editor |url=https://www.theguardian.com/media/2016/feb/24/international-business-times-wsj-john-crowley-uk-editor |access-date=December 21, 2016 |work=[[The Guardian]] (UK) |date=February 24, 2016}}</ref>

In early 2017, ''International Business Times'' joined a partnership along with the likes of [[Bloomberg News|''Bloomberg'']], [[Channel 4 News|''Channel 4'']] and the [[BBC News|BBC]] to work together to combat the spread of [[fake news]].<ref>{{Cite news |url=http://digiday.com/uk/european-newsrooms-forming-united-front-fake-news/ |title=European newsrooms are forming a united front against fake news |date=March 17, 2017 |work=[[Digiday]] |access-date=March 31, 2017 |language=en-US}}</ref>

In June 2017, Jason Murdock — who covers [[cybersecurity]] for the ''International Business Times UK'' — won Digital Writer of the year at the Drum Online Media Awards, which according to ''InPublishing'' magazine "identify the cleverest, boldest and most original purveyors of news and views from around the world."<ref>{{Cite news |url=http://www.inpublishing.co.uk/news/articles/the_drum_online_media_awards__the_winners_11105.aspx |title=The Drum Online Media Awards – the winners |last=InPublishing |access-date=August 30, 2017 |language=en-gb}}</ref>
[[File:Ibtuk-circa2017.png|thumb|IBT London]]
In 2017, during the buildup to what would become the [[Tax Cuts and Jobs Act of 2017]], the  ''International Business Times'' broke news that a last-minute revision was added to the bill that allowed people who hold real estate holdings through a [[limited liability company]] to be able to take advantage of a new deduction for "pass-through" businesses.
<ref name="ibtimes.com">{{Cite news |url=https://www.ibtimes.com/political-capital/donald-trump-gop-leaders-could-be-enriched-last-minute-tax-break-inserted-final |title=Donald Trump And GOP Leaders Could Be Enriched By Last Minute Tax Break Inserted Into Final Bill |date=December 12, 2017 |language=en-US}}</ref> The report noted [[President Trump]] and several policy makers stood to benefit from the language.<ref name="ibtimes.com"/> The reporting spread quickly, prompting responses from senators and lawmakers <ref>{{Cite news |url=https://www.politico.com/story/2017/12/18/bob-corker-tax-bill-kickback-republicans-respond-302482 |title=Why Corker flipped on the tax bill |date=December 18, 2017 |language=en-US}}</ref> and subsequently won a [[SABEW]] for 2017 Breaking News Category.<ref>{{Cite news |url=https://sabew.org/contestsawards/2017-best-in-business-honorees/ |title=2017 Best in Business Honorees |date=March 1, 2017 |language=en-US}}</ref>

In the ''[[Columbia Journalism Review]]'', contributing editor [[Trudy Lieberman]] credited ''IBT''{{'}}s [[David Sirota]]'s investigative reporting for helping to drive a call for reform in Connecticut health insurance regulation.<ref>{{cite news |title=How IBT's reporting is driving a controversy over a major healthcare merger in Connecticut |url=https://www.cjr.org/the_second_opinion/sirota_ct_insurance_merger.php |access-date=December 21, 2016 |work=[[Columbia Journalism Review]]}}</ref>

In October 2017, as media and public frenzy grew around [[Harvey Weinstein]] allegations, which in-turn led to national and global movements for the protection of women with [[#MeToo]] being the most recognized of them, ''IBT'' dropped a bombshell exclusive piece linking Weinstein with the [[New York County District Attorney|New York District Attorney]], [[Cy Vance]].<ref>{{Cite web |last=Sirota |first=David |last2=Cassano |first2=Jay |date=2017-10-05 |title=Harvey Weinstein's Lawyer Gave $10,000 To DA After He Dropped Sexual Assault Investigation |url=https://www.ibtimes.com/political-capital/harvey-weinsteins-lawyer-gave-10000-manhattan-da-after-he-declined-file-sexual |access-date=March 17, 2022 |website=International Business Times |language=en-US}}</ref> The story was the first to financially connect Vance with Weinstein and elevated subsequent scrutiny around the DA's prosecution record.<ref>{{cite magazine |url=https://www.newyorker.com/news/news-desk/why-didnt-manhattan-da-cyrus-vance-prosecute-the-trumps-or-harvey-weinstein |title=Why Didn't the Manhattan D.A. Cyrus Vance Prosecute the Trumps or Harvey Weinstein? |magazine=[[The New Yorker]] |date=October 13, 2017 |url-access=limited |first1=Jeannie |last1=Suk Gersen |url-status=live |archive-url=https://web.archive.org/web/20240226194240/https://www.newyorker.com/news/news-desk/why-didnt-manhattan-da-cyrus-vance-prosecute-the-trumps-or-harvey-weinstein |archive-date= Feb 26, 2024 }}</ref><ref>{{cite web |url=https://www.cbsnews.com/news/harvey-weinstein-not-prosecuted-sexual-harassing-assault-cyrus-vance-district-attorney/ |title=Why didn't the New York D.A. Pursue charges against Weinstein? |date=October 11, 2017 |publisher=[[CBS News]] |first1=Jericka |last1=Duncan |url-status=live |archive-url=https://web.archive.org/web/20240119180913/https://www.cbsnews.com/news/harvey-weinstein-not-prosecuted-sexual-harassing-assault-cyrus-vance-district-attorney/ |archive-date= Jan 19, 2024 }}</ref><ref>{{Cite web |last=Ruiz |first=Michelle |date=2017-10-13 |title=What's With Manhattan District Attorney Cyrus Vance, Jr.'s Habit of Failing to Prosecute Powerful White Men? |url=https://www.vogue.com/article/cyrus-vance-jr-didnt-prosecute-weinstein-ivanka-donald-trump-jr |website=Vogue |language=en-US |url-status=live |archive-url=https://web.archive.org/web/20230816134958/https://www.vogue.com/article/cyrus-vance-jr-didnt-prosecute-weinstein-ivanka-donald-trump-jr |archive-date= Aug 16, 2023 }}</ref><ref>{{Cite web |last=Colon |first=David |date=Oct 6, 2017 |title=Report: Cy Vance Got $10K Campaign Donation From Harvey Weinstein Lawyer After Declining To Pursue Sexual Assault Charge |url=https://gothamist.com/news/report-cy-vance-got-10k-campaign-donation-from-harvey-weinstein-lawyer-after-declining-to-pursue-sexual-assault-charge |url-access=registration |url-status=live |archive-url=https://web.archive.org/web/20230409230239/https://gothamist.com/news/report-cy-vance-got-10k-campaign-donation-from-harvey-weinstein-lawyer-after-declining-to-pursue-sexual-assault-charge |archive-date=Apr 9, 2023 |website=Gothamist}}</ref>

==Labor relations==
Early in its history, IBT Media allegedly employed immigrant students of [[Olivet University]] who were not authorized to work in the United States to translate English content into [[Chinese language|Chinese]] and other languages, paying them less than [[minimum wage]] to do so.<ref name=Dooley>{{cite news |last=Dooley |first=Ben |title=Who's Behind Newsweek? |url=https://www.motherjones.com/media/2014/03/newsweek-ibt-olivet-david-jang |access-date=October 30, 2014 |newspaper=[[Mother Jones (magazine)|Mother Jones]] |date=March 31, 2014}}</ref> In 2016, employees complained publicly about missed payroll, meager or nonexistent [[severance package]]s, and one-sided [[nondisclosure agreement]]s.<ref>{{cite news |title=Laid-off IBT journalists make news of their own in Twitter protest |url=https://www.cjr.org/business_of_news/ibt_journalists_protest_layoffs_twitter.php |first1=Shelley |last1=Hepworth |date=July 28, 2016 |access-date=December 21, 2016 |work=Columbia Journalism Review}}</ref><ref>{{cite news |last2=Kludt |first1=Jackie |last1=Wattles |first2=Tom |title=IBT Media's fired workers say company has no 'human decency' |url=https://money.cnn.com/2016/07/28/media/ibt-media-layoffs/ |access-date=December 21, 2016 |work=CNNMoney |date=July 28, 2016}}</ref>

==Relationship to "The Community"==
The nature of the connection between ''IBT'' and The Community, a Christian sect led by [[David Jang]], is disputed; ''IBT'' states that many reports about its connections to The Community are false or exaggerated.<ref name=Dooley />

Davis and Uzac both have ties to [[Olivet University]], an evangelical institution founded by  Jang. Graduates of Olivet are known to work at Newsweek Media Group, which has donated money to Olivet. Davis was formerly on faculty at Olivet, where his wife serves as university president. Uzac has served on the Olivet [[board of trustees]]; his wife has worked as [[press secretary]] for the [[World Evangelical Alliance]], of which Olivet is a member. Davis has personally endorsed the view that [[homosexuality]] can be caused by childhood [[sexual abuse]] and cured by [[conversion therapy|therapy]], although he declines to elaborate on his [[homosexuality and religion|religious views]] regarding homosexuality, stating that he separates his work from his faith.<ref name=guardian_unconventional>{{cite news |last1=Swaine |first1=Jon |title=Faith and a media icon: Newsweek's unconventional new owners |url=https://www.theguardian.com/media/2014/mar/28/newsweek-new-owners-background |access-date=December 21, 2016 |work=The Guardian |date=March 28, 2014}}</ref>

''[[Christianity Today]]'' claimed in 2012 that it had obtained an email in which Davis stated that he could not join a certain Jang-affiliated organization because his "commission is inherently covert". Davis denied the claim.<ref name=guardian_unconventional />

==References==
{{Reflist|30em}}

==External links==
* {{Official website|http://www.ibtimes.com}}
* {{Twitter|id=IBTimes}}

[[Category:American financial news websites]]
[[Category:Organizations based in New York City]]
[[Category:Internet properties established in 2005]]
[[Category:IBT Media]]
[[Category:2005 establishments in New York City]]