Internet, Saudi Arabia | featured news

U.N. takeover of the Internet must be stopped, U.S. warns

Democratic and Republican government officials warned this morning that a United Nations summit in December will lead to a virtual takeover of the Internet if proposals from China, Russia, Iran, and Saudi Arabia are adopted.

 

Hackers disrupt Israel airline, stock market sites

Middle East Hackers

A hacker network that claims to be based in Saudi Arabia paralyzed the websites of Israel's stock exchange and national airline on Monday, escalating an international cyber war that has jolted this security-obsessed country.

 

Saudi Prince Invests $300M in Twitter

Saudi billionaire Prince Alwaleed bin Talal and his investment company said Monday they are investing a combined $300 million into Twitter, giving the microblogging site a cash boost as it looks to entice more users and paying advertisers.

Senh: Twitter can't go public until they can demonstrate some kind of revenue stream. Looks like they're getting private money to make that happen. Without a decent revenue stream, they can't go public. They can, but it would probably tank after the initial round of trading.

 

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