Business Insider

BusinessInsider.com
URL BusinessInsider.com
Commercial? Yes
Type of site Online Newsroom
Available language(s) English
Owner Silicon Alley Insider, Inc.
Launched February 2009
Current status Active

Business Insider is a U.S. business/entertainment news website launched in February 2009 and based in New York City. Founded by DoubleClick Founder and former C.E.O. Kevin P. Ryan it is the overarching brand beneath which fall the Silicon Alley Insider (launched May 16, 2007) and Clusterstock (launched March 20, 2008) verticals. The site provides and analyzes business news and acts as an aggregator of top news stories from around the web, each with an "edgy" commentary. Its original works are sometimes cited by other, larger, publications such as The New York Times[1] and domestic news outlets like National Public Radio.[2] The online newsroom currently employs a staff of 45, and the site reported a profit for the first time ever in the 4th quarter of 2010.[3]

Business Insider has been criticized by bloggers Felix Salmon and Marco Arment for alleged over-aggregation in the way that it publishes third party content directly on its website.[4][5] Business Insider's CEO and Editor-in-Chief Henry Blodget defended the website's aggregation method.[6]

Contents

Contributors

The site editors vary greatly in background. Henry Blodget is the CEO and Editor-In-Chief, a Yale graduate who previously worked on Wall Street before being barred from the securities industry after a conviction for securities fraud.[7] Senior writer Dan Frommer is a Northwestern graduate who joined from Forbes. Deputy editor Joe Weisenthal has worked as an analyst and writer for a series of dotcoms. Deputy editor Nicholas Carlson previously worked at Internet.com and Gawker Media's Silicon Valley gossip blog, Valleywag.com.

Commendations

The Clusterstock section appeared in the Time article "Best 25 Financial Blogs"[8], and the Silicon Alley Insider section in the PC Magazine article "Our Favorite Blogs 2009".[9]

References

  1. ^ Harshaw, Tobin (October 30, 2009). "Was the Car Rebate Plan a Clunker?". Opinionator (New York Times blog). http://opinionator.blogs.nytimes.com/2009/10/30/weekend-opinionator-was-the-car-rebate-plan-a-clunker/?8dpc. Retrieved May 25, 2010. 
  2. ^ "What's Fair Stock Value Anyway?". National Public Radio (Washington DC). December 2, 2008. http://www.npr.org/templates/story/story.php?storyId=97693896. 
  3. ^ "Business Insider Turns A $2,127 Profit On $4.8 Million In Revenue". TechCrunch. March 7, 2011. http://techcrunch.com/2011/03/07/business-insider-4-8-million-profit/. 
  4. ^ Reuters (2011). Business Insider and over-aggregation. Retrieved December 4, 2011.
  5. ^ Marco.org (2011). A Business Insider retrospective. Retrieved December 4, 2011.
  6. ^ Business Insider (2011). Dear Marco Arment! Sorry About Last Week. We Finally Figured Out What Happened.... Retrieved December 4, 2011.
  7. ^ "The Securities and Exchange Commission, NASD and the New York Stock Exchange Permanently Bar Henry Blodget From the Securities Industry and Require $4 Million Payment" (Press release). U.S. Securites and Exchange Commission. April 28, 2003. http://www.sec.gov/news/press/2003-56.htm. 
  8. ^ McIntyre, Douglas A.; Allen, Ashley C. (January 22, 2009). "Best 25 Financial Blogs". Time (New York). http://www.time.com/time/business/article/0,8599,1873144,00.html. Retrieved June 1, 2010. 
  9. ^ "Our Favorite Blogs 2009". PC Magazine (New York). November 23, 2009. http://www.pcmag.com/print_article2/0,1217,a=246136,00.asp?hidPrint=true. Retrieved June 1, 2010. 

External links