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Saudi Prince Alwaleed bin Talal Invests $300m in Twitter

Posted: December 20th, 2011 | Author: | Filed under: Breaking News, Standout, Technoid Computer News | Tags: , , , , , , , , | Comments Off on Saudi Prince Alwaleed bin Talal Invests $300m in Twitter

Twitter - Prince Al-Waleed bin Talal

Prince Alwaleed bin Talal, a Saudi billionaire and investor in some of the world’s top companies, has bought a stake in social network Twitter for $US300 million, gaining another foothold in the global media industry. The nephew of Saudi Arabia’s king was estimated by Forbes magazine this year to have a fortune of more than $US19 billion. Prince Alwaleed bin Talal already owns a 7 per cent stake in News Corp and plans to start a cable news channel :: Read the full article »»»»