The first issue of Time was published March 3, 1923, and it was the first weekly news magazine in the United States. Henry Luce and Briton Hadden, two Yale professors and newspaper editors, worked together to create the magazine. The magazine was originally called Facts but the two eventually changed the name to Time. Henry Luce was more esoteric and Hadden was carefree.
For years, Time magazine has featured a “Person of the Year” cover story, honoring the most influential people and groups of the previous year. While the magazine’s focus is on business, the website is more popular for the entertainment and lifestyle content it offers than for news. The website is part of The Guardian, a British newspaper, and contains articles, videos, and other material for both readers and businesses.
Today, the Times is a popular website for business. Its content has a global reach. It is widely read, with its content spanning almost the world. While it is owned by the New York-based Time Inc., the magazine has been distributed in several countries by a different company. The publisher has since changed the frequency of its publication to biweekly. It also operates a subsidiary magazine called Time Europe, which focuses on Europe, Africa, and Latin America. Its Asia editions are based in Sydney, Hong Kong, and Beijing.