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

12-19-2011, 11:33 AM

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


Hey there! Looks like you're enjoying the discussion, but you're not signed up for an account.

When you create an account, you can participate in the discussions and share your thoughts. You also get notifications, here and via email, whenever new posts are made. And you can like posts and make new friends.
Sign Up


Experience a richer experience on our mobile app!