Time magazine, represented online as Time.com, was founded in 1923 by Briton Hadden and Henry Luce, both Yale University graduates and former editors at the Yale Daily News. They aimed to create a news magazine that would condense the week's news into a brief and accessible format. Time is currently owned by Marc and Lynne Benioff, the co-founder of Salesforce.com and his wife, who bought the publication in 2018.Time.com is based in the United States but covers a broad range of topics with a global perspective. They provide coverage on U.S. and World News, Politics, Business, Science, Health, Entertainment, and more. They also feature in-depth investigations, opinion pieces, and special reports.**One interesting fact**: When Time magazine was established in 1923, it was the first weekly news magazine in the United States. This innovation changed the media landscape, offering readers a way to receive news and analysis about events across the world in a compact, digestible format. This legacy of firsts carries on to the present with Time.com's digital storytelling and multimedia features.