Billionaires Buying Media Assets to Prompt Social Change

On Sunday, Billionaire Marc Benioff, 53, founder of cloud computing company Salesforce.com Inc., announced that he would pay $190 million in cash from his personal wealth to acquire Time from…

Meredith Sells Time Magazine to Billionaire Salesforce Chief For $190 Million

Meredith Corp has entered into an agreement to sell Time magazine to billionaire Marc Benioff and his wife for US$190 million in cash, disposing of the storied media brand in…