Prince Alwaleed's Twitter Investment Isn't For Politics Or Football Scores - Forbes
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Twitter wants to be a cross between CNN and Al Jazeera:
Twitter played a notable about role during the Arab Spring uprisings – which included threatened violence in Saudi Arabia – leading some to call the Saudi Prince’s investment ironic. Though Prince Alwaleed does not use the service himself, his wife, Princess Ameerah Al-Taweel has a popular account. She took the opportunity to retweet a follower today, rejecting the claim that Alwaleed’s investment is political [rough tranlastion]: “Some consider Alwaleed’s investment in Twitter as political. This is not true. It is an investment and exchange in new media that is not restricted to Football Scores on Twitter.”
What's wrong with football scores?
This is very enlightened:
“The Web has revolutionized everything. It changes the whole equation,” Prince Alwaleed told Forbes. “We are seeing right now – in News Corp. and some other companies – they would like to have the Web pay for content. Still, they have not found the equilibrium point on what to do with it. Is it just that you have to pay? How much? And to whom to pay? This thing is an ongoing dialogue right now, but it’s very interesting what’s going on.”
The Web changed everything.