Overview of Business Insider
Founded in 2007 by former Wall Street analyst Henry Blodget and DoubleClick executives Dwight Merriman and Kevin Ryan, Business Insider is a leading global news vendor specializing in finance, media, tech, and other business verticals. The company is headquartered in New York City, USA and its founding mission was to be the world's largest digital business-focused publication.
History of Business Insider
Originally named 'Silicon Alley Insider', Business Insider was launched on February 16, 2007. The company rapidly expanded its readership by providing in-depth and up-to-date content on a diverse range of topics. Later in 2013, Jeff Bezos led an investment round in Business Insider, providing additional capital for expansion. Today, it has positioned itself as a renowned business news platform, catering to millions of readers globally.
Data Processed by Business Insider
As a news vendor, Business Insider processes a variety of data to provide top-rated comprehensive content to its users. Typical data processed includes information about financial markets, technology trends, startup stories, personal finance, travel guides etc. They utilize data from various sources, including primary news sources, interviews, market data, and financial reports.
Business Insider Operating Region
Business Insider operates not just in the United States but caters to a global audience. They have various international editions, including versions in the UK, Australia, China, Germany, France, and many others. This international reach allows them to deliver timely news pertinent to different geographical regions.
Key Features of Business Insider
Business Insider stands out for its rapid news updates, in-depth analysis, diverse topical coverage, and insightful op-eds by accomplished writers. It provides a platform for a myriad of voices, offering readers a broad perspective on business-related topics. The platform also includes features such as premium subscriptions, which offer readers exclusive insights and stories, and BI Prime, an exclusive membership that gives access to in-depth reporting and analysis.
Significance of Monitoring and Comparing Vendors
In an era where data plays an integral part in our personal and professional lives, monitoring and comparing vendors such as Business Insider is crucial from a data compliance perspective. Engaging with such vendors often requires businesses to share sensitive information that could have significant implications if misused. Monitoring ensures these vendors adhere to data protection regulations, maintaining the integrity and confidentiality of the shared information. Comparing vendors gives a clear insight into their data handling practices, enabling businesses to make informed decisions when choosing partners.