|Year founded||September 1929 , New York City|
|First issue||September 1929 , New York City|
|Based in||New York City|
Bloomberg Tower, 731 Lexington Avenue, Manhattan, New York City 10022, United States (business magazine)
Citigroup Center, 153 East 53rd Street between Lexington and Third Avenue, Manhattan, New York City 10022 (market magazine)
Bloomberg Businessweek, previously known as BusinessWeek, is an American weekly business magazine, published 50 times a year.Since 2009, the magazine is owned by New York City-based Bloomberg L.P. The magazine debuted in New York City in September 1929. Bloomberg Businessweek business magazines are located in the Bloomberg Tower, 731 Lexington Avenue, Manhattan in New York City and market magazines are located in the Citigroup Center, 153 East 53rd Street between Lexington and Third Avenue, Manhattan in New York City.
Businessweek was first published based in New York City in September 1929, weeks before the stock market crash of 1929.The magazine provided information and opinions on what was happening in the business world at the time. Early sections of the magazine included marketing, labor, finance, management and Washington Outlook, which made Businessweek one of the first publications to cover national political issues that directly impacted the business world.
Businessweek was originally published to be a resource for business managers. However, in the 1970s, the magazine shifted its strategy and added consumers outside the business world.As of 1975, the magazine was carrying more advertising pages annually than any other magazine in the United States. Businessweek began publishing its annual rankings of United States business school MBA programs in 1988.
Stephen B. Shepard served as editor-in-chief from 1984 until 2005 when he was chosen to be the founding dean of the CUNY Graduate School of Journalism. Under Shepard, Businessweek's readership grew to more than six million in the late 1980s. He was succeeded by Stephen J. Adler of The Wall Street Journal . In 2006, Businessweek started publishing annual rankings of undergraduate business programs in addition to its MBA program listing.
Businessweek suffered a decline in circulation during the late-2000s recession as advertising revenues fell one-third by the start of 2009 and the magazine's circulation fell to 936,000. In July 2009, it was reported that McGraw-Hill was trying to sell Businessweek and had hired Evercore Partners to conduct the sale.Because of the magazine's liabilities, it was suggested that it might change hands for the nominal price of $1 to an investor who was willing to incur losses turning the magazine around.
In late 2009, Bloomberg L.P. bought the magazine—reportedly for between $2 million to $5 million plus assumption of liabilities—and renamed it Bloomberg BusinessWeek. It is now[ when? ] believed[ by whom? ] McGraw-Hill received the high end of the speculated price, at $5 million, along with the assumption of debt.
In early 2010, the magazine title was restyled Bloomberg Businessweek (with a lowercase "w") as part of a redesign. million per year, about half of the $60 million it was reported losing in 2009. Adler resigned as editor-in-chief and was replaced by Josh Tyrangiel, who had been deputy managing editor of Time magazine. In 2016 Bloomberg announced changes to Businessweek, which was losing between $20 and $30 million. Nearly 30 Bloomberg News journalists were let go across the U.S., Europe and Asia and it was announced that a new version of Bloomberg Businessweek would launch the following year. In addition, editor in chief Ellen Pollock stepped down from her position and Washington Bureau Chief Megan Murphy was named as the next editor in chief. Megan Murphy served as editor from November 2016; until she stepped down from the role in January 2018 and Joel Weber was appointed by the editorial board in her place.As of 2014, the magazine was losing $30
On October 4, 2018, Bloomberg Businessweek published "The Big Hack: How China Used a Tiny Chip to Infiltrate U.S. Companies", an article by Jordan Robertson and Michael Riley which claimed that China had hacked dozens of technology corporations including Amazon and Apple by placing an extra integrated circuit on a Supermicro server motherboard during manufacturing.
The claims by Bloomberg have been heavily questioned. By 2 p.m. on the day of publication, Apple, Amazon, and Supermicro issued blanket denials, which Bloomberg reported. Within the week, the United States Department of Homeland Security stated that it saw no reason to question those refutations. The National Security Agency and Government Communications Headquarters and NCSC also issued similar statements.
In early 2010, the magazine title was restyled Bloomberg Businessweek (with a lowercase "w") as part of a redesign. During the following years, the bold, eclectic, playful, and memetic face of Businessweek was cultivated largely by Businessweek's Creative director, Richard Turley then Rob Vargas (from 2014), and Deputy Creative director Tracy Ma (from 2011 through 2016). During her time at Businessweek, Ma worked on over 200 issues. Now she is the Visual Editor at The New York Times Styles desk.
International editions of Businessweek were available on newsstands in Europe and Asia until 2005 when publication of regional editions was suspended to help increase foreign readership of customized European and Asian versions of Businessweek's website. However, the same year the Russian edition was launched in collaboration with Rodionov Publishing House.
At the same time, Businessweek partnered with InfoPro Management, a publishing and market research company based in Beirut, Lebanon, to produce the Arabic version of the magazine in 22 Arab countries.
In 2011, Bloomberg Businessweek continued the magazine's international expansion and announced plans to introduce a Polish-language edition called Bloomberg Businessweek Polska, as well as a Chinese edition which was relaunched in November 2011.
Bloomberg Businessweek launched an iPad version of the magazine using Apple's subscription billing service in 2011.The iPad edition was the first to use this subscription method, which allows one to subscribe via an iTunes account. There are over 100,000 subscribers to the iPad edition of Businessweek.
In the year 2011, Adweek named Bloomberg Businessweek as the top business magazine in the country.In 2012, Bloomberg Businessweek won the general excellence award for general-interest magazines at the National Magazine Awards. Also in 2012, Bloomberg Businessweek editor Josh Tyrangiel was named magazine editor of the year by Ad Age . In 2014, Bloomberg Businessweek won a Society of American Business Editors and Writers Best in Business award for magazines, general excellence.
Time is an American news magazine and news website published and based in New York City. For many years, it was published weekly, but by 2021 it switched to bi-weekly. It was first published in New York City on March 3, 1923, and for many years it was run by its influential co-founder Henry Luce. A European edition is published in London and also covers the Middle East, Africa, and, since 2003, Latin America. An Asian edition is based in Hong Kong. The South Pacific edition, which covers Australia, New Zealand, and the Pacific Islands, is based in Sydney. In December 2008, Time discontinued publishing a Canadian advertiser edition.
Fortune is an American multinational business magazine headquartered in New York City. It is published by Fortune Media Group Holdings, owned by Thai businessman Chatchaval Jiaravanon. The publication was founded by Henry Luce in 1929. The magazine competes with Forbes and Bloomberg Businessweek in the national business magazine category and distinguishes itself with long, in-depth feature articles.
Forbes is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features original articles on finance, industry, investing, and marketing topics. Forbes also reports on related subjects such as technology, communications, science, politics, and law. Its headquarters is located in Jersey City, New Jersey. Primary competitors in the national business magazine category include Fortune and Bloomberg Businessweek. Forbes has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide.
Men's Health (MH), published by Hearst, is the world's largest men's magazine brand, with 35 editions in 59 countries. It is also the best-selling men's magazine on US newsstands. Although originally started as a men's health magazine, it currently covers various men's lifestyle topics such as fitness, nutrition, fashion and sexuality. The magazine's website, MensHealth.com, averages over 118 million page views a month.
Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City. It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
Bloomberg News is an international news agency headquartered in New York City and a division of Bloomberg L.P.. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, Bloomberg Businessweek, Bloomberg Markets, Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has served as editor-in-chief.
Crain Communications Inc is an American multi-industry publishing conglomerate based in Detroit with 13 non-US subsidiaries.
Gary Weiss is an American investigative journalist, columnist and author of two books that critically examine the ethics and morality of Wall Street. He was also a contributing editor for Condé Nast Portfolio. His Businessweek articles exposed organized crime on Wall Street and the Salomon Brothers bond trading scandal in the 1990s, and more recently he has covered the 2008 financial crisis and its aftermath. Weiss is co-founder of The Mideast Reporter.
Josh Tyrangiel is an American journalist. He was previously the deputy managing editor of TIME magazine and an editor at Bloomberg Businessweek. In June 2019, Tyrangiel left the network, following the cancellation of Vice News Tonight.
Bloomberg Markets is a magazine published six times a year by Bloomberg L.P. as part of Bloomberg News. Aimed at global financial professionals, Bloomberg Markets publishes articles on the people and issues related to global financial markets. Bloomberg Markets, which is based in New York City, has readers in 147 countries. More than half of its readers live outside the U.S.
Barry Lam is a Taiwanese billionaire businessman, and the founder and chairman of Quanta Computer. He is also a patron of the arts and a philanthropist in the area of culture and education.
Deven Sharma was an executive, and the president of Standard & Poor's, a division of S&P Global, providing independent credit ratings, indices, risk evaluation, and investment research. Mr. Sharma joined Standard & Poor's in 2006 as executive vice president, Investment Service and Global Sales. On August 23, 2011 he resigned. His successor is Douglas Peterson, former Chief Operating Officer of Citibank. Before joining Standard & Poor's, he was executive vice president, Global Strategy at The McGraw-Hill Companies for five years.
iPad is a line of tablet computers designed, developed and marketed by Apple Inc., which run the iOS and iPadOS mobile operating systems. The first iPad was released on April 3, 2010; the most recent iPad models are the eighth-generation iPad, released on September 18, 2020; the fifth-generation iPad mini, released on March 18, 2019; the fourth-generation iPad Air, released on October 23, 2020; and the third-generation 11-inch (280 mm) and fifth-generation 12.9-inch (330 mm) iPad Pro, released on May 21, 2021.
The United States has often accused the government of the People's Republic of China of attempting to unlawfully acquire U.S. military technology and classified information as well as trade secrets of U.S. companies in order to support China's long-term military and commercial development. Chinese government agencies and affiliated personnel have been accused of using a number of methods to obtain U.S. technology, including espionage, exploitation of commercial entities, and a network of scientific, academic and business contacts. Espionage cases include Larry Wu-Tai Chin, Katrina Leung, Gwo-Bao Min, Chi Mak and Peter Lee.
Flipboard is a news aggregator and social network aggregation company based in Palo Alto, California, with offices in New York, Vancouver and Bejiing. Its software, also known as Flipboard, was first released in July 2010. It aggregates content from social media, news feeds, photo sharing sites and other websites, presents it in magazine format, and allows users to "flip" through the articles, images and videos being shared. Readers can also save stories into Flipboard magazines. As of March 2016 the company claims there have been 28 million magazines created by users on Flipboard. The service can be accessed via web browser, or by a Flipboard application for Microsoft Windows and macOS, and via mobile apps for iOS and Android. The client software is available at no charge and is localized in 21 languages.
China is both the world's second-largest economy and a nuclear weapons state with the world's second-largest defense budget. Chinese Information Operations and Information Warfare includes the concept of “network warfare”, which is roughly analogous to the United States concept of cyber-warfare. Foreign Policy magazine provided an estimated range for China's "hacker army" personnel, anywhere from 50,000 to 100,000 individuals.
Byte was an American microcomputer magazine, influential in the late 1970s and throughout the 1980s because of its wide-ranging editorial coverage. Whereas many magazines were dedicated to specific systems or the home or business users' perspective, Byte covered developments in the entire field of "small computers and software", and sometimes other computing fields such as supercomputers and high-reliability computing. Coverage was in-depth with much technical detail, rather than user-oriented. Byte started in 1975, shortly after the first personal computers appeared as kits advertised in the back of electronics magazines. Byte was published monthly, with an initial yearly subscription price of $10. Print publication ceased in 1998 and online publication in 2013.
McGraw Hill is an American learning company and one of the "big three" educational publishers that provides customized educational content, software, and services for pre-K through postgraduate education. The company also provides reference and trade publications for the medical, business, and engineering professions. McGraw Hill operates in 28 countries, has more than 5,000 employees globally, and offers products and services to over 135 countries in 60+ languages.
Vice News is Vice Media's current affairs channel, producing daily documentary essays and video through its website and YouTube channel. It promotes itself on its coverage of "under-reported stories". Vice News was created in December 2013 and is based in New York City, though it has bureaus worldwide.
Super Micro Computer, Inc, doing business as Supermicro, is an information technology company based in San Jose, California. Supermicro's headquarters are located in Silicon Valley, with a manufacturing space in the Netherlands and a Science and Technology Park in Taiwan.
Terms of the deal were not disclosed, but the price was said to be near $5 million, plus assumption of liabilities, which were $31.9 million as of April.
Bloomberg Businessweek announced a new editor on Thursday, shuffling its editorial structure.
According to three people at Bloomberg, Bloomberg Markets magazine editor Joel Weber will take over the company's flagship Businessweek magazine, succeeding current editor Megan Murphy.
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