Saudi Arabia offers Mark Zuckerberg $250-billion to buy Facebook and arrest the pro-democracy activists, But His Answer To This Will Make Your Day
Saudi Arabia offers Mark Zuckerberg $250-billion to buy Facebook and arrest the pro-democracy activists, But His Answer To This Will Make Your Day
According to al-Okaz –a Saudi Arabian daily newspaper– the Saudi
Prince Mohammad Bin Salman ,the deputy crown prince and the youngest
minister of defense in the world, offered to procure the world’s largest
social network for nearly twice as much its current valuation. Market
analysts believe the Saudi motivation is to stifle the rising tide of
pro-democracy demonstrations in the oil-rich kingdom.
“His Royal Highness Prince Mohammad Bin Salman met with Facebook
co-founder Mark Zuckerberg on Wednesday to express his Majesty King
Salman’s displeasure with Facebook Corporation for having allowed
outlawed groups to organize their criminal activities,” Saudi Press
Agency (SPA) reported as the flamboyant prince visits Washington, D.C.
In the meantime, the controversial New York-based investment Morgan
Stanley Inc. , which made a US $11.5-billion investment in Facebook
last March on behalf of both itself and its non-U.S. clients, made a
cogent presentation to the Saudi monarch in which it expressed firm’s
readiness to assist the Saudi regime to put an immediate end to the
increasing pro-democracy protests.
Wael Ghonim, the Google Inc. marketing executive in Egypt who
organized 2011 pro-democracy protests –via Facebook– in that country
which overthrew the Egyptian dictator Hosni Mubarak , vehemently
condemned the Saudi offer.
“In what is being termed as pure Wall street Gordon Gecko tactics,
King Salman of Saudi Arabia has decided to make an offer of $250 billion
to buy out Facebook. My inside sources within the kingdom suggest that
he is very upset with Mr. Zukerberg for allowing the pro-democracy
uprising to get out of control. In a personal meeting between Mark
Zuckerberg and Prince Mohammad Bin Salman, Zuckerberg had allegedly
promised that he would not allow any revolt pages to be formed on
Facebook,” Wael Ghonim told Middle East News Agency (MENA).
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