Three of the most influential figures in the tech and biotechnology industries, Jeff Bezos, Marc Benioff, and Dr. Patrick Soon-Shiong, have been experiencing financial challenges with their media investments. Their respective ventures, The Washington Post, Time Magazine, and The Los Angeles Times, have been incurring substantial losses. What Happened: Despite the high hopes pinned on these billionaires to revitalize the media industry, their media ventures are not faring well, reported The New York Times, with the headline ‘Billionaires Wanted To Save The News Industry. They’re Losing A Fortun…
