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Saudi Arabia arrests one of tech's biggest investors
Saudi Arabia is in the midst of a crackdown on alleged corruption, and its dragnet has caught one of the tech world's most important investors: the country has arrested Prince al-Waleed bin Talal over money laundering charges. He has major stakes in satellite TV providers and in recent years has been one of the largest individual investors in a number of well-known tech giants, including Apple and Lyft. The royal is particularly important to Twitter's fate. He poured $300 million into the social network in 2011, and his stake is second only to that of Twitter co-founder Ev Williams -- even CEO Jack Dorsey has a smaller financial commitment.
