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View Full Version : Saudi Prince Takes a bite in twitter..



User2024
12-19-2011, 11:33 AM
Salam,


Saudi billionaire Prince Alwaleed bin Talal's Kingdom Holding Company has announced a $300m (£194m) investment in social media site Twitter.The investment follows "several months of negotiations", a company statement to the Saudi stock exchange said.
The prince, who is one of the world's richest men, owns stakes in many well-known companies, including News Corporation.
He also has investments in a number of media groups in the Arab world.
"Our investment in Twitter reaffirms our ability in identifying suitable opportunities to invest in promising, high-growth businesses with a global impact," Prince Alwaleed said.
Looks like twitter won't get banned in Saudi then will it, while other websites do....He could have helped In Africa or something...maybe he does I don't know

http://www.bbc.co.uk/news/business-16241581
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