Prince Alwaleed bin Talal, chairman of Kingdom Holding Company, surprised many by announcing a $300 million investment in Twitter, and has recently explained his decision to invest in the micro-blogging site. “Kingdom Holding is not new at all to the internet and tech arena,” he said in an interview with CNN. “We were the first to invest in Apple computers … the first to invest in Amazon and eBay.”

Since Adobe announced it would no longer develop Flash Player for mobile devices on Wednesday, many have been wondering if Steve Jobs' objection to its use had something to do with its demise. According to Jobs' biographer Walter Isaacson, Jobs said Flash was "a spaghetti-ball piece of technology that has lousy performance and really bad security problems".