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To: a fool in paradise
i think they are talking about of rubles invested and not the percentage of the company, 5% would be a hell of a pile
10 posted on 11/06/2017 5:46:05 PM PST by Chode (You have all of the resources you are going to have. Abandon your illusions and plan accordingly.)
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To: Chode

8% of Facebook
5% of twitter

The Russian government has deep pockets.

Then again consider how much of our media is partially owned by the Saudis and they do squash news and fictional drama plots.


http://www.businessinsider.com/russia-invested-in-twitter-facebook-through-yuri-milner-kushner-2017-11

The Kremlin invested ‘hundreds of millions’ in Twitter and Facebook through Kushner associate Yuri Milner
Sonam Sheth

Nov. 5, 2017, 6:47 PM

Milner sold his holdings in both companies years ago and has no apparent connection to Russia’s propaganda campaign that took place during the 2016 election.

...Newly-leaked documents show that the Kremlin invested hundreds of millions of dollars into Twitter and Facebook through a business associate of President Donald Trump’s senior adviser and son-in-law, Jared Kushner.

According to the “Paradise Papers” — a trove of more than 13 million internal documents released Sunday that show how the world’s wealthiest use offshore tax havens — two Russian state-owned entities with close ties to Vladimir Putin invested money into Facebook and Twitter through the Russian-American tech investor Yuri Milner.

Milner currently holds a stake in a real-estate project that was founded and is partially owned by Kushner. When Kushner first joined the Trump administration, he failed to disclose his holdings in the project.

Russia’s state-owned VTB Bank gave Milner $191 million to invest in Twitter, according to the International Consortium of Investigative Journalists, which obtained the Paradise Papers. The bank, according to The New York Times, frequently embarks on “politically strategic deals.”

...When all was said and done, Milner owned roughly 8% of Facebook and 5% of Twitter, according to The Times. He sold his holdings in both social-media companies years ago, and there is no evidence that he was connected to Russia’s widespread propaganda campaign on the two platforms during the 2016 election...


12 posted on 11/06/2017 6:05:02 PM PST by a fool in paradise (Did Barack Obama denounce Communism and dictatorships when he visited Cuba as a puppet of the State?)
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