Time Magazine Is Purchased by Marc Benioff, Salesforce Billionaire

Time Magazine Is Purchased by Marc Benioff, Salesforce Billionaire Time, the pre-eminent regular newsmagazine of this twentieth century, could have new owners: Marc Benioff, the billionaire co-founder of this computer computer software business Salesforce, along with his spouse, Lynne. Time’s moms and dad business, Meredith Corporation, announced on that it had agreed to sell the flagship publication of once-mighty Time Inc. to the Benioffs for $190 million in cash sunday asian dating site. Mr. Benioff becomes the tech billionaire that is latest to use the reins of an iconic news brand name. Jeff Bezos, the creator and leader of Amazon, purchased The Washington Post in 2013. This past year, Laurene Powell Jobs, the widow of this Apple co-founder Steve work, consented to obtain a majority stake into the Atlantic mag through her company, Emerson Collective.