Prince Alwaleed bin Talal, a nephew of King Abdullah of Saudi Arabia is forking out $300 million dollars – that’s $300 followed by six zeros – investing it in Twitter.
According to Reuters:
The Twitter stake, bought jointly by Alwaleed and his Kingdom Holding Co investment firm, resulted from “months of negotiations,” Kingdom said.
The investment was a secondary market transaction, meaning that Alwaleed and Kingdom Holding bought the Twitter shares from existing shareholders, rather than making a direct investment, according to a person familiar with the matter.
Meanwhile, Prince Alwaleed bin Talal is being accused in Spain of raping a model in 2008 and he’s currently one step away from investigation.
So they control the internet media.
Petrol is running out!!
This is a sigh of petrol crisis!
Hello! I’m an idiot with a fake name posting from behind the proxy IP 99.198.127.150 and tried to badmouth DomainGang. I am very sorry and I hope I don’t burn in hell by Allah for saying the “F” word!