Marc Benioff Photographer: David Paul Morris/Bloomberg (David Paul Morris/Bloomberg)Time Magazine, the storied publication whose cover images for decades helped shape the national conversation, has been sold to a Silicon Valley billionaire. Salesforce.com owner Marc Benioff and his wife, Lynne, are buying the magazine from Meredith Corp. “TIME is a treasure trove of the world’s history and culture,” Benioff said in the note released by Felsenthal. It is the latest publication to be bought by a billionaire on the West Coast. The sale to Benioff is expected to close in 30 days.

Source: Washington Post September 17, 2018 00:45 UTC