• Saudi Prince Invests $300 Million In Twitter

    Comments:  | Leave A Comment

    Prince Walid bin Talal of Saudi Arabia, who owns 95 percent of Kingdom Holding, recently announced that he invested $300 million in the popular social media site Twitter.

    RELATED: Black Soldier Last To Fall In Iraq?

    According to reports, Prince Walid’s purchase was part of a strategy “to invest in promising, high-growth businesses with a global impact.”

    Twitter has been increasingly popular in the Arab world, where it was credited with playing a role in the recent social uprisings across North Africa and the Persian Gulf. Arabic-language messaging is the fastest-growing segment on Twitter, according to the data intelligence company Semiocast.

    Read more at the New York Times.

    SEE ALSO:

    Matisyahu’s 10 Tips For Jews During Xmas

    Maya Angelou Angry With Common’s N-Word Usage

    Join the Conversation! Share and Discuss!

    Tags: »

    • More Related Content

    Comments

    blog comments powered by Disqus