MIT Technology Review is a bimonthly magazine wholly owned by the Massachusetts Institute of Technology, and editorially independent of the university. It was founded in 1899 as The Technology Review, and was re-launched without "The" in its name on April 23, 1998, under then publisher R. Bruce Journey. In September 2005, it was changed, under its then editor-in-chief and publisher, Jason Pontin, to a form resembling the historical magazine. Before the 1998 re-launch, the editor stated that "nothing will be left of the old magazine except the name." It was therefore necessary to distinguish between the modern and the historical Technology Review. The historical magazine had been published by the MIT Alumni Association, was more closely aligned with the interests of MIT alumni, and had a more intellectual tone and much smaller public circulation. The magazine, billed from 1998 to 2005 as "MIT's Magazine of Innovation", and from 2005 onwards as simply "published by MIT", focused on new technology and how it is commercialized; was sold to the public and targeted at senior executives, researchers, financiers, and policymakers, as well as MIT alumni. In 2011, Technology Review received an Utne Reader Independent Press Award for Best Science/Technology Coverage. History Original magazine: 1899–1998 Technology Review was founded in 1899 under the name The Technology Review and relaunched in 1998 without "The" in its original name. It currently claims to be "the oldest technology magazine in the world." In 1899, The New York Times commented: We give a cordial welcome to No. 1 of Vol. I of The Technology Review, a Quarterly Magazine Relating to the Massachusetts Institute of Technology, published in Boston, and under charge of the Association of Class Secretaries. As far as make-up goes, cover, paper, typography and illustrations are in keeping with the strong characteristics of the Institution it represents. This magazine, as its editors announce, is intended to be "a clearing house of information and thought," and, as far as the Institute of Technology is concerned, "to increase its power, to minimize its waste, to insure [sic] among its countless friends the most perfect co-operation." The career path of James Rhyne Killian illustrates the close ties between Technology Review and the Institute. In 1926, Killian graduated from college and got his first job as assistant managing editor of Technology Review; he rose to editor-in-chief; became executive assistant to then-president Karl Taylor Compton in 1939; vice-president of MIT