Salesforce CEO Marc Benioff and his wife are buying Time Magazine for $190 million

The announcement comes just eight months after Meredith Corp., publisher of several popular print publications, completed its purchase of Time. In a note relayed by Time editor-in-chief Edward Felsenthal, Benioff said he and his wife would have “no operational responsibility” for the weekly outlet, and acquired it as an investment. …read more

Source:: Yahoo Finance

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