Maybe this is why Twitter leans toward Sharia-compliant censorship.
From Quartz.
In this Feb. 4, 2014 file photo, Saudi billionaire Prince Alwaleed bin Talal, waves as he arrives at the headquarters of Palestinian President Mahmoud Abbas in the West Bank city of Ramallah. Bin Talal and his investment company have doubled their ownership of Twitter’s publicly traded shares in the past six weeks. A joint statement released Wednesday, Oct. 7, 2015, by the prince and his Riyadh-based Kingdom Holding Company says their combined shares represent more than 5 percent of Twitter’s common stock, with a market value of $1 billion.
Hello infidels.
A Saudi prince has increased his holdings in Twitter, making him the company’s second largest shareholder.
Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, who in 2011 invested $300 million in the social network, now owns 34.9 million shares of Twitter’s common stock, according to a new regulatory filing (pdf).
At nearly 5.2%, his stake in the company is now larger than that of Jack Dorsey, Twitter’s co-founder and newly re-minted CEO, whose 21.86 million shares give him 3.2% of the company, according to FactSet. (The prince previously had a stake of roughly 3%.)
Twitter co-founder Ev Williams remains the company’s largest shareholder, with 46.56 million shares for a 6.9% stake.
The investment might seem like a major stamp of approval for Dorsey, who was named Twitter’s permanent CEO on Oct. 5 and is tasked with turning around the company. (The prince’s updated holdings are as of Oct. 6.) But during Twitter’s CEO search, the billionaire prince was vocal about his opinion that Twitter needed a new CEO—i.e. someone other than Dorsey, who at the time was in the role on an interim basis.
Alwaleed, who serves as majority owner and chairman of the Kingdom Holding Company, is also a significant investor in News Corp, Citigroup, and the Four Seasons Hotels and Resorts.
BTW: This camel jockey paid for Barky’s college education. No wonder he feels kinship with muzzie vermin.
Saudi Arabia is not our friend. It’s one of the worst Islamic terrorist nation-states on the fucking planet. Wealthy Saudis remain the chief financiers of worldwide terror networks.
The Saudi government not only finances the Islamic war against the West, but it provides ideological indoctrination of the terrorists that carry it out.
Saudi Arabia is a backwards, Islamofascist, terrorist breeding, oppressive, misogynist theocracy.
Its major export is jihad.
No Western-based corporation should do business with these muzzie ratfucks.
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