With profits and a growing circulation, the 87-year-old Time magazine is holding out against the assertion that big weekly newsmagazines -- printed on paper -- are a thing of the past.

Salesforce CEO Marc Benioff, the owner of Time magazine, commended President-elect Trump for being selected as the publication's Person of the Year.

Someone also appears to have published a full scrape of the Time article online on the news aggregator app Newsbreak.

TIME, the iconic red-framed magazine, laid off some 15% of its union-represented editorial employees on Tuesday, the newsroom’s union said, becoming the latest major news outlet to slash its ...