Saudi prince al-Waleed bin Talal has been described by Forbes as the worlds fifth richest man. He is known for his financial ties to the Bush family and the Carlyle Group and for owning a fair-sized stake in Disney and in Citigroup.
These connections were not enough to keep al-Waleed out of trouble, however, when he suggested immediately after September 11 that US policies might have contributed to the attack. Then-Mayor Rudy Giuliani refused to accept a $10 million disaster relief contribution from the prince — and Fox News applauded Giuliani for his stance.
Since then, al-Waleed has formed multiple connections with Rupert Murdoch’s News Corp., the owner of Fox News. In September 2005, he acquired 5.46% of voting shares in News Corp., and just a few months later, when Fox ran coverage of riots in Paris under the banner “Muslim riots,” he allegedly phoned Murdoch and had him change the heading to “civil riots.”
Now the partnership is growing even closer, with News Corp. acquiring a 10% stake in al-Waleed’s media conglomerate, Rotana, along with an option for another 10%. Rotana, which already broadcasts Fox programming in the Middle East, is involved in producing films, television, recordings, and magazines, and it is thought that Murdoch is hoping to get a toehold in the growing Arab market through the deal.
Glenn Beck on the air in Saudi Arabia? Probably not anytime soon. But it remains to be seen what really will come of the partnership.
UK travel giant Thomas Cook set to collapse: report
Thomas Cook's 178-year existence was reported to be coming to an end on Monday after the British travel firm struggled to find private investment to keep it afloat, potentially affecting thousands of holidaymakers.
The operator has said it needs £200 million ($250 million) or else it will face administration, which could affect 600,000 holidaymakers and require Britain's largest peacetime repatriation.
A source close to the negotiations told AFP that the company had failed to find the cash from private investors and would collapse unless the government intervened.
But ministers are unlikely to step in due to worries about the pioneering operator's longer-term viability, the Times reported, leaving it on the brink.
‘We are the people’: Watch Billy Porter get a standing ovation for his passionate speech at the Emmys
In a powerful and passionate speech accepting his Emmy, "Pose" actor Billy Porter showered the audience with love and proudly reminded all of their right to belong and be loved.
"Oh, my God. God bless you all! The category is love, y'all, love!" Porter exclaimed.
The epic FX show "Pose" depicts Black and Latinos in the LGBTQ ballroom culture of New York City in the 1980s in the first season and the early 1990s in the second season.
"I am so overwhelmed and so overjoyed to have lived long enough to see this day," he said. "James Baldwin wrote, 'It took many years of vomiting up the filth I was taught about myself and half-believed, before I was able to walk on the earth as though I had a right to be here.' I have the right. You have the right. We all have the right."
Paris show of King Tutankhamun artifacts set new record with 1.42 million visitors
A blockbuster Tutankhamun show set a new all-time French record Sunday, with 1.42 million visitors flocking to see the exhibition in Paris, the organisers said.
The turnout beat the previous record set by another Tutankhamun show billed as the "exhibition of the century" in 1967, when 1.24 million queued to see "Tutankhamun and His Times" at the Petit Palais.
"Tutankhamun: Treasures of the Golden Pharaoh" -- which has been described as a "once in a generation" show -- will open in London in November.
The last time a show of comparable size about the boy king opened there in 1972 it sparked "Tutmania", with 1.6 million people thronging the British Museum.