Now they can say they invented it when they rewrite the history books -- Harvard, Yale, Georgetown, et al will be only too happy to advace the lie, right, Esposito? How much they paying you, cheap sell-out?
Alwaleed owns 7% or more of FOX, and we know how that worked out.
Blasphemy laws, anyone? Expect tweet hate crime legislation :)
Saudi prince buys $300m stake in Twitter Financial Times
By Michael Peel in Abu Dhabi and Richard Waters in San Francisco
A member of Saudi Arabia’s ruling royal family has become a significant shareholder in Twitter, one of the online tools used by protesters who staged the “Arab Spring” uprisings this year.
Prince Alwaleed bin Talal, the Saudi billionaire, has acquired a $300m stake in the US microblogging service after buying shares from existing shareholders in a secondary offer, according to one person familiar with the arrangement. The deal will leave him in control of a stake of about 3 per cent in the site, based on the value of other recent private transactions.
The Saudi investment – a joint arrangement between the prince and the Kingdom Holding Company that he controls – came after months of talks and was a “strategic stake”, Kingdom Holding said.
Prince Alwaleed – a high-profile investor in technology and media shares including News Corp and Apple – said the deal showed his enthusiasm for “promising, high-growth businesses with a global impact”.
Twitter confirmed the investment but refused to comment on the implications of having a member of the Saudi ruling family among its shareholders
Read the rest.