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DUBAI, United Arab Emirates Saudi billionaire Prince Alwaleed bin Talal and
his investment company said Monday they are investing a combined $300 million
into Twitter, increasing the microblogging site's cash cushion as its user base
expands.Alwaleed's joint investment with his Kingdom Holding Co. follows months of negotiations
and will give them a "strategic stake" in Twitter, according to the
Riyadh, Saudi Arabia-based investment firm. It wasn't clear how much of Twitter
the prince will control.Alwaleed, a nephew of the Saudi king, ranks 26th
on Forbes' list of the world's richest people. He has a history
of investing in media and technology companies, and said the deal represents
an interest "in promising, high-growth businesses with a global impact."Twitter allows users
to send short messages of up to 140 characters. The 5-year-old site
has been instrumental in connecting protesters and relaying on-the-ground developments during this
year's Arab Spring upri
n strategy involves a virtually all-encompassing regulatory vision. The study notes that
its priorities include climate change and clean energy; sustainable transport; sustainable consumption
and production; conservation and management of natural resources; public health; social inclusion,
demography, and migration; and global poverty and sustainable development challenges.In an American
context, the study says sustainable development raises questions that are not fully
or directly addressed in U.S. law or policy. Among them: how to
define and control unsustainable patterns of production and consumption and how to
encourage the development of sustainable communities, biodiversity protection, clean energy, environmentally sustainable
economic development, and climate change controls.The study notes that sustainable development is
broader than the sum of U.S. environmental and conservation laws.It adds that
a great deal more needs to be done to achieve sustainability
encourage other people who believe their ideas have been stolen to come
forward. Unfortunately for a lot of these people, most of the cases
are thrown out of court.But as long as a big payday is
even a remote possibility, expect the lawsuits to keep coming.The profits and
rewards of a successful film today can be higher than ever before,
given the recession-proof nature of the entertainment industry and the multiple revenue
streams from home video, online viewing and other sources, added Los Angeles-based
entertainment reporter, Scott Huver. It would be nave to think that there
arent occasional, genuine instances of the outright ripping off of anothers story.
But its so easy for opportunistic types eager to try and be
paid off in what would be equivalent to a nuisance lawsuit. Some
people will always be hoping to get settlement just to squash any
bad publicity that could endanger the films overall profits.
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