InfoAnda - Saudi's Prince Alwaleed buys stake in Twitter |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Top 50 Concert Tours of Decade | 22 December 2009
Guantanamo prisoner to help prosecute others | | 19 February 2011
Salvadoran court blocks arrests for priest murders | | 25 August 2011

Pakistan minister: very likely al Qaeda's Kashmiri is dead | | 5 June 2011

Forum Views () Forum Replies ()

Read more with google mobile : Saudi's Prince Alwaleed buys stake in Twitter |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Davos 2012 Technology Media Small Business Legal Deals Earnings Summits Business Video Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Politics Politics Home Elections 2012 Issues 2012 Candidates 2012 Tales from the Trail Political Theater Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Gregg Easterbrook Nader Mousavizadeh James Saft Lucy P. Marcus David Cay Johnston Bethany McLean Edward Hadas Hugo Dixon Ian Bremmer Mohamed El-Erian Lawrence Summers Susan Glasser The Great Debate Steven Brill Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Money Money Home Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Life & Culture Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read North Korean leader Kim Jong-il dead, son hailed as heir 2:26am EST Exclusive: Secret U.S., Taliban talks reach turning point 1:06am EST Kim Jong-il: reclusive leader in a hermit 12:15am EST Overstretched drone pilots face stress risk 18 Dec 2011 Southwest, plains face blizzard warnings in big storm 18 Dec 2011 Discussed 256 Ron Paul gains ground, further stirring Republicans 135 Ron Paul strongly defends anti-war policies 104 Supreme Court to decide Arizona immigration law Watched Freed Palestinian prisoners celebrate homecoming Sun, Dec 18 2011 Rockets and funerals in Gaza Fri, Dec 9 2011 Year in 60 seconds: 2011 Tue, Dec 6 2011 Saudi's Prince Alwaleed buys stake in Twitter Tweet Share this Email Print Related News Exclusive: Google CEO's inner circle: Meet the L Team Fri, Dec 16 2011 Zynga falters in debut, sheds doubt on IPO market Fri, Dec 16 2011 Analysis: Can Zynga break free from Facebook? Thu, Dec 15 2011 OPEC oil deal puts Saudi back in charge Wed, Dec 14 2011 Jive Software shares surge in market debut Tue, Dec 13 2011 Analysis & Opinion Microsoft goes social. Sort of. 20 big ideas for 2012 Related Topics Tech » Media » By Sitaraman Shankar DUBAI | Mon Dec 19, 2011 2:11am EST DUBAI (Reuters) - Saudi billionaire Prince Alwaleed bin Talal, an investor in some of the world's top companies, on Monday unveiled a $300 million stake purchase in fast-growing microblogging site Twitter, gaining another foothold in the global media industry. Alwaleed, a nephew of the Saudi king with a personal net worth estimated by Forbes magazine in March to be just below $20 billion, already owns a 7-percent stake in News Corp and has unveiled plans to start a cable news channel. The Twitter stake, bought jointly by Alwaleed and his Kingdom Holding Co investment firm, resulted from "months of negotiations," Kingdom said in a statement. Applying an $8 billion valuation figure for Twitter used by some analysts, the investment by Alwaleed and Kingdom amounts to a 3.75-percent stake. Twitter, which allows people to send 140-character text messages, or Tweets, to groups of so-called followers, is one of the Web's most popular social networking services, along with Facebook and Zynga. The company said in September that was in no hurry to undertake a hotly anticipated initial public offering. It raised $400 million in venture capital financing this summer. It now counts more than 100 million active users who log onto the service at least once a month. Facebook, the world's largest social network has more than 750 million active users. Internet search giant Google Inc recently launched a social networking service dubbed Google+ which some observers say could lure users away from Twitter. ARAB SPRING The use of Twitter played a role in the spread of information in the Arab Spring, a series of revolts that have shaken the Middle East and North Africa this year. Saudi Arabia headed off some rumblings of dissent from its own population by unveiling a $130 billion social spending package. Saudis are increasingly turning to satellite television, online news providers and social networking to stay abreast of world events. The world's No. 1 oil exporter announced a series of stricter regulations for journalists earlier this year. Alwaleed, who has a sizeable stake in Citigroup, has spoken out in favour of broader political participation, fair elections and effective job creation across the Arab world. Kingdom owns a near-30 percent stake in Saudi Research and Marketing Group, which runs a range of media titles. "Our investment in Twitter reaffirms our ability in identifying suitable opportunities to invest in promising, high-growth businesses with a global impact," Alwaleed said in the statement. Shares in Saudi companies are due to start trading at 0800 GMT. Kingdom stock closed on Sunday at 7.85 riyals. (Reporting by Sitaraman Shankar; Editing by Amran Abocar) Tech Media Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Advertise With Us Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Monday, 19 December 2011
Iran state TV airs confession of detained CIA spy |
Analysis: Iraq resumes political strife in vacuum left by U.S. |
Israel frees 550 Palestinians in Shalit swap |
Syria nearer to sign Arab plan, crackdown continues |
Zardari returns to Pakistan from Dubai: party officials |
Carlos the Jackal demands extradition to Venezuela |
Rebel China villagers demand elections, turn to central leaders |
Nokia CEO says to keep headquarters in Finland: TV |
Sherlock Holmes sequel leads slower box office |
North Korean leader Kim Jong-il dead, son hailed as heir |
U.S. worried by Egypt clashes now in fourth day |
Philippines mulls mass graves after typhoon kills hundreds |
Havel, leader of Velvet Revolution, dies |
Crew fled with life vests as packed Indonesian boat sank |
Russia spots raft with people after rig sinking |
Zardari returns to Pakistan amid memo saga |
Israel frees 550 Palestinians in Shalit swap |
Saudi's Prince Alwaleed buys stake in Twitter |
Samsung expands patent row with Apple in Germany |
MIT to offer labs, certificates to virtual students |
Apple supplier Pegatron hit by China plant blast |
AT&T, T-Mobile asset sales talks go cold: report |
Contents of Michael Jackson's final home fetch $1 million |
Cape Verdean singer Cesaria Evora dies at 70 |
Syria signs deal to let in Arab monitors |
Chinese rebel villagers vow march to press complaints |
Sudanese refugees recall horror of Blue Nile fighting |
India uproar at call in Russia to ban Hindu holy book |
Information black hole as North Korean leader dies |
Travel app curates reviews from experts and friends |
Analysis: Could RIM's survival mean abandoning the BlackBerry? |
Americans losing addiction to CrackBerrys |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01