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.
Texas authorities have charged a U.S. Border Patrol supervisor with murdering four female sex workers during a two-week killing spree that ended when a fifth woman escaped from him and found help.
Typhoon Mangkhut, which meteorologists called the most powerful storm in the world this year, swept through the northern end of the Philippine island of Luzon, leaving at least 25 people dead and wreaking havoc. It uprooted trees, ripped off roofs, set off landslides and flooded farms and roads.
Paul Manafort, the former chairman of President Donald Trump's campaign, was poised Friday to plead guilty to federal charges and agreed to cooperate with special counsel Robert Mueller's investigation of Russian interference in the 2016 election.
The big slosh has begun, and the consequences could be disastrous.
France acknowledged for the first time it was responsible for systematic torture during the Algerian war of independence in the mid-1950s.
