Salesforce.com Inc. founder Marc Benioff and his wife Lynne agreed to acquire Time magazine from Meredith Corp. for $190 million in cash, joining Jeff Bezos among tech billionaires buying venerable print publications.
The move thrusts the brash 53-year-old entrepreneur, who helped lead the shift of software to an on-demand model, into a new role: media baron.
It's a transaction reminiscent of Bezos’s $250 million acquisition of the Washington Post in 2013. That purchase brought Bezos a Pulitzer Prize-winning, 140-year-old newspaper but also put him in the cross hairs of President Donald Trump, who has called the Post an “expensive lobbyist” for Amazon.com Inc.
The Federal Communications Commission chair, Brendan Carr, admitted at a Senate hearing on Wednesday that there...
Peter Arnett, the Pulitzer Prize-winning reporter who spent decades dodging bullets and bombs to bring the...
On Thursday evening, as rumors about the Brown University gunman swirled, CNN’s Kaitlan Collins posted on...
TikTok has signed a deal to spin-off its U.S. operations to a group controlled by mostly...
