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."
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 in 1945; and succeeded Compton as president in 1949.
The May 4, 1929 issue contained an article by Dr.
Norbert Wiener, then Assistant Professor of Mathematics, describing some deficiencies in a paper
Albert Einstein had published earlier that year. Wiener also commented on a cardinal's critique of the Einstein theory saying:
- The pretended incomprehensibility of the Einstein theory has been used as capital by professional anti-Einsteinians. Without prejudice to the cause of religion, I may remark that theological discussions have not at all times been distinguished by their character of lucidity.
The historical Technology Review often published articles that were controversial, or critical of certain technologies. A 1980 issue contained an article by
Jerome Wiesner attacking the
Reagan administration's nuclear defense strategy. The cover of a 1983 issue stated "Even if the fusion program produces a reactor, no one will want it," and contained an article by
Lawrence M. Lidsky,
 associate director of MIT's
Plasma Fusion Center, challenging the feasibility of fusion power (which at the time was often fancied to be just around the corner). The May 1984 issue contained an expose about microchip manufacturing hazards.
In 1966, the magazine started using a puzzle column started in
Tech Engineering News a few months earlier. Its author is Allan Gottlieb, who has now written the column for more than fifty years.
As late as 1967, the New York Times described Technology Review as a "scientific journal." Of its writing style, writer
George V. Higgins complained:
- Technology Review, according to [then-editor] Stephen [
sic] Marcus... [subjects] its scientific contributors to rewrite rigors that would give fainting spells to the most obstreperous cub reporter. Marcus believes this produces readable prose on arcane subjects. I don't agree.
In 1984, Technology Review printed an article about a Russian scientist using ova from frozen mammoths to create a mammoth-elephant hybrid called a "mammontelephas.".
 Apart from being dated "April 1, 1984," there were no obvious giveaways in the story. The Chicago Tribune News Service picked it up as a real news item, and it was printed as fact in hundreds of newspapers.
The prank was presumably forgotten by 1994, when a survey of "opinion leaders" ranked Technology Review
 No. 1 in the nation in the "most credible" category.
Contributors to the magazine also included
Thomas A. Edison,
Winston Churchill, and
A radical transition of the magazine occurred in 1996. At that time, according to the Boston Business Journal,
 in 1996 Technology Review had lost $1.6 million over the previous seven years and was "facing the possibility of folding" due to "years of declining advertising revenue."
R. Bruce Journey was named publisher, the first full-time publisher in the magazine's history. According to previous publisher William J. Hecht, although Technology Review had "long been highly regarded for its editorial excellence," the purpose of appointing Journey was to enhance its "commercial potential" and "secure a prominent place for Technology Review in the competitive world of commercial publishing."
 John Benditt replaced Steven J. Marcus as editor-in-chief, the entire editorial staff was fired, and the modern Technology Review was born.
Boston Globe columnist David Warsh
 described the transition by saying that the magazine had been serving up "old 1960s views of things:
populist, ruminative, suspicious of the unseen dimensions of new technologies" and had now been replaced with one that "takes innovation seriously and enthusiastically." Former editor Marcus characterized the magazine's new stance as "cheerleading for innovation."
Under Bruce Journey, Technology Review billed itself as "MIT's Magazine of Innovation." Since 2001, it has been published by Technology Review Inc., a nonprofit independent media company owned by MIT.
Intending to appeal to business leaders, editor John Benditt said in 1999, "We're really about new technologies and how they get commercialized." Technology Review covers breakthroughs and current issues on fields such as
computing. Articles are also devoted to more mature disciplines such as
transportation, and the
Since Journey, Technology Review has been distributed as a regular mass-market magazine and appears on newsstands. By 2003, circulation had more than tripled from 92,000 to 315,000, about half that of
Scientific American, and included 220,000 paid subscribers and 95,000 sent free to MIT alumni. Additionally, in August 2003, a German edition of Technology Review was started in cooperation with the publishing house
Heinz Heise (circulation of about 50,000 as of 2005). According to The New York Times,
 as of 2004 the magazine was still "partly financed by M.I.T. (though it is expected to turn a profit eventually)."
Technology Review also functions as the MIT alumni magazine; the edition sent to alumni contains a separate section, "MIT News," containing items such as alumni class notes. This section is not included in the edition distributed to the general public.
The magazine is published by Technology Review, Inc, an independent media company owned by MIT. MIT's website lists it as an MIT publication,
 and the MIT News Office states that "the magazine often uses MIT expertise for some of its content." In 1999
The Boston Globe noted that (apart from the alumni section) "few Technology Review articles actually concern events or research at MIT."
 However, in the words of editor Jason Pontin:
- Our job is not to promote MIT; but we analyse and explain emerging technologies, and because we believe that new technologies are, generally speaking, a good thing, we do indirectly promote MIT's core activity: that is, the development of innovative technology.
From 1997 to 2005, R. Bruce Journey held the title of "publisher"; Journey was also the president and CEO of Technology Review, Inc. Editors-in-chief have included John Benditt (1997),
Robert Buderi (2002), and Jason Pontin (2004).
The magazine has won numerous Folio! awards, presented at the annual magazine publishing trade show conducted by Folio! magazine. In 2001, these included a "Silver Folio: Editorial Excellence Award" in the consumer science and technology magazine category and many awards for
 In 2006, Technology Review was named a finalist in the "general excellence" category of the annual National Magazine Awards, sponsored by the American Society of Magazine Editors.
On June 6, 2001,
CNET Networks launched a publication entitled Fortune/CNET Technology Review.
 MIT sued
 FORTUNE's parent corporation,
Time, Inc. for infringement of the Technology Review trademark.
 The case was quickly settled. In August the MIT student newspaper reported that lawyers for MIT and Time were reluctant to discuss the case, citing a confidentiality agreement that both sides described as very restrictive. Jason Kravitz, a Boston attorney who represented MIT in the case, suggested that the magazine’s change of name to Fortune/CNET Tech Review, a change that occurred in the middle of the case, may have been part of the settlement.
Many publications covering specific technologies have used "technology review" as part of their names, such as
Lawrence Livermore Labs's Energy & Technology Review,
AACE's Educational Technology Review,
 and the
International Atomic Energy Agency's Nuclear Technology Review.
In 2005, Technology Review, along with
Wired News and other technology publications, was embarrassed by the publication of a number of stories by freelancer
Michelle Delio containing information which could not be corroborated. Editor-in-chief Pontin said, "Of the ten stories which were published, only three were entirely accurate. In two of the stories, I'm fairly confident that Michelle Delio either did not speak to the person she said she spoke to, or misrepresented her interview with him."
 The stories were retracted.
Modern magazine: 2005-present
On August 30, 2005, Technology Review announced that R. Bruce Journey, publisher from 1996 to 2005, would be replaced by the then current Editor in Chief, Jason Pontin, and would reduce the print publication frequency from eleven to six issues per year while enhancing the publication's website.
Boston Globe characterized the change as a "strategic overhaul." Editor and publisher Jason Pontin stated that he would "focus the print magazine on what print does best: present[ing] longer-format, investigative stories and colorful imagery." Technology Review's Web site, Pontin said, would henceforth publish original, daily news and analysis (whereas before it had merely republished the print magazine's stories). Finally, Pontin said that Technology Review's stories in print and online would identify and analyze emerging technologies.
 This focus resembles that of the historical Technology Review. Without evident comment, the July/August, 2017, issue revealed a shift in top personnel, with Elizabeth Bramson-Boudreau listed as Chief Executive Officer and Publisher, and David Rotman as Editor.
Every year the magazine publishes a list of the 10 technologies it considers the most influential.