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January 25th, 2012
11:53 AM GMT
(CNN) - One of the world’s most prominent businessmen, Prince Alwaleed bin Talal, Chairman of Kingdom Holding Company, surprised many by announcing a $300 million investment in Twitter last month. But he says it was a logical business decision for his company. “Kingdom Holding is not new at all to the internet and tech arena,” he told CNN’s John Defterios. “We were the first to invest in Apple computers … the first to invest in Amazon and eBay.” While some eyebrows were raised when the Saudi company announced it would invest in Twitter, given that the site has been instrumental in the Arab Spring, Prince Alwaleed denies the deal was politically motivated. “It was a pure financial investment with economic objectives,” he said. “Politics has no ingredients whatsoever in that investment … the secure economic financial investment with expected huge returns to our company Kingdom Holding.” Asked about the future of Apple he said that judgement is still out as to whether it could continue its success post Steve Jobs, but he was hopeful that it would. “I believe that Steve Jobs’ genius is by establishing a company that could outlive him and continue with his path,” he said. |
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And how do you explain your investments in Murdoch's NewsCorp and the Fox news ???
I believe this is part of a ploy to gain a way into the hearts and minds of ordinary tweeters, that is to say simply that kingdom investments would like to find a way in to the average tweeter's need to expunge one's mental excrement and sniff that of another person's. To put it clearly and simply, this move makes it clear that something is afoot, that something has been done and is being done at this very moment, in an attempt to get inside of something that was previoously fortified, if not simply outside or exterior.
they way he talk down down, his body moving every where he cannot controle him self ..i think is using Coca cola.,, i want just to ask him from wher he make all this money..?the onswer is from oil.., Ok,,thats enuf..but the oil is not belonge to you Mr Coca cola..or to ur family ..the oil is belong to all saudi people..i sow alot of poverity in this rich oil country..Shame.
entirely,businessman don't discuss inside any business deal "officially or unofficially".
to the contrary they will give quotation of millions or billions...
Politically,its number one!! without connection no "deal"..
Gods children,... Please God return to The One !...
The revolution will soon come to Saudi Arabia and people like you will be the target, the money you have earned by plundering Saudi oil wealth.
How hard is it to censor twitter? I'm not accusing, I'm just asking. I don't tweet.
very sad situation See the elephant is dying and die
http://www.bestofthebestofall.com/forums/viewtopic.php?f=38&t=1163
As all oil rich countries are dumping USD paying $300m to spend the left over US currency makes good sense http://inkom.com.au/blog/who-dumping-us-dollars
Beware of entry impaired Algulwowob hard horror
http://www.bestofthebestofall.com/forums/viewtopic.php?f=38&t=66
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