{"id":26518,"date":"2011-12-19T10:16:15","date_gmt":"2011-12-19T15:16:15","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=26518"},"modified":"2011-12-19T10:16:44","modified_gmt":"2011-12-19T15:16:44","slug":"saudi-prince-invests-300-million-in-twitter","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2011\/saudi-prince-invests-300-million-in-twitter.html","title":{"rendered":"Saudi Prince Invests $300 Million in Twitter"},"content":{"rendered":"<p>DealBook &#8211; Prince\u00a0Walid bin Talal\u00a0of Saudi Arabia announced he had taken a $300 million stake in the social media site Twitter, as he continues to expand his holdings in the United States.<\/p>\n<p>The investment by Prince Walid and the Kingdom Holding Company represents roughly 3 percent of Twitter. Prince Walid, who owns 95 percent of Kingdom Holding, said in a statement that the purchase was part of a strategy \u201cto invest in promising, high-growth businesses with a global impact.\u201d\u00a0With Twitter, Prince Walid \u2014 who also own stakes in American blue chip companies including\u00a0Citigroup,\u00a0General Motors\u00a0and\u00a0Apple\u00a0\u2014 gains a foothold in the fast-growing social networking space.<\/p>\n<p><a href=\"http:\/\/dealbook.nytimes.com\/2011\/12\/19\/saudi-prince-invests-300-million-in-twitter\/?hp\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>DealBook &#8211; Prince\u00a0Walid bin Talal\u00a0of Saudi Arabia announced he had taken a $300 million stake in the social media site Twitter, as he continues to expand his holdings in the United States. The investment by Prince Walid and the Kingdom [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-26518","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26518","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=26518"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26518\/revisions"}],"predecessor-version":[{"id":26520,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/26518\/revisions\/26520"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=26518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=26518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=26518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}