Wednesday, November 6

US Senator Raises Concerns About Saudi Funding for Twitter

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November 5, 2022—U.S. Senator Chris Murphy of Connecticut is raising national security concerns about Elon Musk‘s recent takeover of Twitter. Musk bought the social media company for $44 billion in part with financing from equity investors. Up to 5 percent of the loans came from Saudi Arabian investor Prince Alwaleed bin Talal and Qatar.

In a letter to Treasury Secretary Janet Yellen, the senator asked the Treasury Department‘s office overseeing foreign investments to use its legal authority to review the deal. Specifically, the senator asked the office known as CFIUS “to examine whether any degree of Saudi influence over Twitter’s operations or access to user data could foreseeably be used to silence government critics and human rights activists, or to further state-sponsored disinformation campaigns.”

Saudi twitter, US Senator Raises Concerns About Saudi Funding for Twitter, Global Economic Report

Patti Mohr

Patti Mohr is a U.S.-based journalist. She writes about global diplomacy, economics, and infringements on individual freedom. Patti is the founder of the Global Economic Report. Her goal is to elevate journalistic principles and share the pursuit of truth in concert with others.

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