The Wall Street Journal: Apple co-founder Steve Jobs’s widow Laurene Powell Jobs is latest to put tech wealth to work in news media

Laurene Powell Jobs, the widow of Apple Inc AAPL, -0.70% co-founder Steve Jobs, is acquiring a majority stake in the Atlantic magazine through Emerson Collective, her philanthropic organization. Terms of the deal weren’t disclosed.

Powell Jobs is the latest wealthy individual from the technology world to take an active interest in the future of news. Amazon AMZN, -2.48% founder Jeff Bezos bought the Washington Post in 2013 for $250 million. EBay EBAY, -0.64% founder Pierre Omidyar created First Look Media, which operates the Intercept, and Facebook FB, +1.18% co-founder Chris Hughes had owned a majority stake in the New Republic magazine before selling it last year to Win McCormack.

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