HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC), met with Mr. Dick Costolo, CEO of Twitter, Mr. Ali Rowghani, CFO of Twitter and Mr. Suhail Rizvi at The Plaza Hotel in New York on Monday 6th February 2012 during His Royal Highness's trip to the U.S. Prince Alwaleed was accompanied by Mr. Jamal Khashoggi, General Manager of Alarab news channel and Ms. Heba Fatani, Senior Executive Manager, Corporate Communications Department, KHC.

NewsCorp, owner of the Fox Broadcast Network, has recently been reported to have increased its revenues by 3 per cent, climbing 32 cents a share in the U.S. fiscal year (October 1st, 2010 – September 30th, 2011), growing advertising sales by 13 per cent, and beating analysts’ profit estimates by 3 cents a share. According to Bloomberg, the broadcast-television unit, including the Fox network and local stations, boosted operating income 27 per cent as revenue increased 8.5 percent.