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Salesforce’s Marc Benioff picks up Time Magazine for $190 million
Marc Benioff is the latest tech titan to snap up a major news publication. The Salesforce.com founder and his wife, Lynne Benioff, have agreed to purchase Time Magazine for $190 million in cash, a transaction expected to close within 30 days, according to Meredith Corporation. The Iowa-based media company bought Time, Inc. just eight months ago, though soon after said it had plans to sell the flagship magazine, along with Sports Illustrated, Fortune and Money, in an effort to home in on its…
Legacy faces a historic $5M fine
Oregon’s labor oversight division has, to the tune of $5 million-plus, proposed a historic fined regarding violations at three Legacy Health facilities. Legacy Meridian Park Hospital, Legacy Mount Hood Medical Center and Legacy Good Samaritan Hospital and Medical Center received “separate Notices of Intent to Assess Civil Penalties” from the state’s Bureau of Labor and Industries. The agency said Legacy committed 5,156 meal and rest period violations in aggregate. The proposed $5.156 million penalty,…
Photos: Penthouse at the top of San Francisco’s St. Regis seeks $11M in first time on market
A top-floor penthouse condo at the St. Regis hotel in San Francisco with views of three Bay Area counties just hit the market for $10.9 million. The condo, at 188 Minna St., has three bedrooms and three and a half bathrooms spread out over 3,217 square feet. Perched on the 38th floor, the condo has never before been listed on the open market. It was purchased when the St. Regis finished construction in 2005 and has been owned by the same family ever since, said Sotheby’s Gregg Lynn, who is listing…
Tesla faces 2 new safety investigations after pair of worker injuries
State safety regulators are opening up new investigations at Tesla Inc. after two workers were injured separately at the company’s auto plant in Fremont. Tesla now faces six safety investigations in Fremont and one at its store in Rocklin. One of the newest investigations ties back to an injury reported earlier this month that apparently occurred after a forklift pushed into two trash bins, pinning a worker, Business Insider reports. The other investigation will look into a worker whose fingers…
Redwood City’s Impossible Burger ‘faux meat’ patty rolls out in White Castles nationwide
White Castle is rolling out a meatless slider nationwide in conjunction with Redwood-based Impossible Foods, a company that manufacturers faux meat made from plants. The fast food restaurant piloted the Impossible Slider in April at 140 locations in New York, New Jersey and Chicago and now plans to make the burger available at all 377 of its restaurants. The sandwich, which is topped with smoked cheddar cheese, pickles, and onions, will be sold individually for $1.99. More than 60,000 fans have…
Chinese trade war ‘critical’ to supply chain company’s expansion in Fremont, CEO says
21-year-old ALOM is nearly doubling its headquarters in Fremont and its CEO says it’s mostly a result of in-sourcing demand from companies faced with China-America trade flux.

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