May 16, 2012: Rupert Murdoch's News Corp. (NWSA) has raised its stake in Rotana to 19 percent from 14.5 percent. Rotana, the Arab World's largest media company which runs several TV and radio stations, is controlled by Saudi billionaire Prince Alwaleed bin Talal.
Alwaleed, in turn, owns 7% of News Corp. Prince is particularly good friends with James Murdoch who recently became deputy COO and Chief of American operations of News Corp. Rupert Murdoch and family control approximately 40% of voting shares of News Corp.
In December 2011, Alwaleed invested $300 Million in Twitter by buying private shares from the company insiders on the secondary market, which gave him approximately 3.5% stake in the company.
And yet Fox was one of the only media outlets to ask questions about 0dumbo and his ties
whhile all other MSM just kissed his ass