twiiteronline
DUBAI: Prince Alwaleed bin Talal, the Saudi billionaire and an investor in some of the world’s top companies, has bought a stake in microblogging site Twitter for US$300mil (RM900mil), gaining another foothold in the global media industry.
Alwaleed, a nephew of Saudi Arabia’s king who was estimated by Forbes magazine this year to have a fortune of over US$19bil (RM57bil), already owns a 75% stake in News Corp and plans to start a cable news channel.
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