Time Magazine sold to tech billionaire Marc Benioff – The Washington Post

Business Time Magazine sold to tech billionaire Marc Benioff Marc Benioff (David Paul Morris/Bloomberg) By Thomas Heath September 16 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….

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How a free canvas tote became a bigger status symbol than a $10,000 Hermès bag – MarketWatch

Louise Linton, the wife of Treasury secretary Steve Mnuchin, carried an Hermès Birkin bag worth roughly $10,000 on her arm in the ill-fated Instagram post that got her slammed for “flashing her wealth” — and then lecturing a critic about her “sacrifices.” But status symbols don’t have to cost as much as a luxury purse….

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Inside The Economist’s Plan to Conquer America – Folio:

CMO Michael Brunt details the 175-year-old magazine’s strategy to boost circulation revenue by penetrating a still largely untapped market. Conditional Logic for What’s Trending Video Posts Running a profitable, mass-market magazine whose revenue is overwhelmingly driven by print advertising is — to put things mildly — a much riskier proposition in 2017 than it was a decade ago….

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