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Salesforce co-founder buys Time magazine
The billionaire co-founder of Salesforce Marc Benioff and his wife Lynne are buying Time magazine for $190m.
The global multimedia brand, which is owned by US media group Meredith Corporation, reaches a combined audience of more than 100 million readers in print and online – including 80% of US millennial women.
Meredith, which bought Time’s parent company Time Inc in January, says the Beninoffs will not be involved in the day-to-day operatio
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