This news beast knows a thing or two about current events. The Newsweek/Daily Beast Company joint venture formed after the late stereo equipment magnate Sidney Harman purchased the ailing Newsweek from The Washington Post in 2010 and merged it with IAC/InterActive's online current events magazine Daily Beast in 2011. The Daily Beast launched in 2008 by former Vanity Fair and New Yorker editor Tina Brown. Beginning in January 2013, Newsweek ceased offering a print version and became an online-only magazine.