Condé Nast Publications is the owner of Vogue, style.com, GQ, Wired, Golf Digest, The New Yorker and Reddit. Now Condé Nast is launching a new website called Portfolio.com. There will also be a magazine launching on Monday. The website is currently in Beta.

However, it seems like the publication aims to be a direct competitor of The New York Times based on the topics that are being covered: News & Markets, Views, Executives, Resources, Careers, Business Travel, and Culture & Lifestyle.

The website is expected to be fully prepared by Monday.