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Showing posts with label $300 million. Show all posts
Showing posts with label $300 million. Show all posts
20 August, 2013
23 April, 2012
Win $10,000 in Rand McNally, USA TODAY's Best of the Road rally
Win $10,000 in Rand McNally, USA TODAY's Best of the Road rally
By Laura Bly, USA TODAY
Looking for adventure, and ready to head out on the highway?
You could earn $10,000 as a winning team this summer in Rand McNally and USA TODAY's coast-to-coast rally, Best of the Road. Five amateur, two-person teams will leave Washington, D.C., on June 15, traveling scenic routes and back roads to seek out the "most fun," "most patriotic," "most beautiful," "best for food" or "friendliest" town in the USA before winding up in Seattle on July 15.
CAPTIONBest of the Road
To apply for the Best of the Road, interested teams (minimum age, 25) should upload a video of no more than one minute showcasing their skills as a cross-country traveler to bestoftheroad.com between April 23 and May 15, 2012. Contestants will be announced on May 24; most travel expenses for the road rally will be covered by USA TODAY and Rand McNally.
Each team will visit the six towns in their assigned category, while fans follow their progress through videos, photos and updates on bestoftheroad.com, travel.usatoday.com, Facebook and Twitter (@bestoftheroad and #bestoftheroad). The teams' findings will help determine the winner in each category; one team will win a $10,000 grand prize for submitting the best content on their cross-country adventure.
Civic boosters and visitor bureaus have already nominated 100 towns to compete for a spot on the route, and voting continues until May 15. More than 700 towns were nominated in last year's contest and rally, which crowned Sandpoint, Idaho, "most beautiful"; Walla Walla, Wash., "friendliest"; Rapid City, S.D., "most patriotic"; Glenwood Springs, Colo., "most fun" and Lafayette, La., "best for food."
Source: USAtoday
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By Laura Bly, USA TODAY
Looking for adventure, and ready to head out on the highway?
CAPTIONBest of the Road
To apply for the Best of the Road, interested teams (minimum age, 25) should upload a video of no more than one minute showcasing their skills as a cross-country traveler to bestoftheroad.com between April 23 and May 15, 2012. Contestants will be announced on May 24; most travel expenses for the road rally will be covered by USA TODAY and Rand McNally.
Each team will visit the six towns in their assigned category, while fans follow their progress through videos, photos and updates on bestoftheroad.com, travel.usatoday.com, Facebook and Twitter (@bestoftheroad and #bestoftheroad). The teams' findings will help determine the winner in each category; one team will win a $10,000 grand prize for submitting the best content on their cross-country adventure.
Civic boosters and visitor bureaus have already nominated 100 towns to compete for a spot on the route, and voting continues until May 15. More than 700 towns were nominated in last year's contest and rally, which crowned Sandpoint, Idaho, "most beautiful"; Walla Walla, Wash., "friendliest"; Rapid City, S.D., "most patriotic"; Glenwood Springs, Colo., "most fun" and Lafayette, La., "best for food."
Source: USAtoday
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adfoc.us
24 December, 2011
Saudi prince invests $300 million in Twitter
Saudi prince invests $300 million in Twitter
December 19, 2011
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| Saudi Arabia's Prince Alwaleed bin Talal |
Saudi Arabia's Prince Alwaleed bin Talal has scooped up a substantial stake in Twitter.
The multibillionaire has made a $300-million investment in the popular social media site that activists used during the Arab Spring uprisings. That's roughly a 3% stake in the San Francisco company.
Twitter confirmed the investment, which was announced in a press release from Kingdom Holding Co. that touted Alwaleed's desire to invest in "promising, high-growth businesses with global impact."
A nephew of Saudi King Abdullah, Alwaleed owns 95% of Kingdom Holding, which has stakes in Apple, Citigroup and General Motors. He is one of the richest people in the world, with a net worth of nearly $20 billion, according to Forbes magazine. For more on him, check out this Charlie Rose interview from last year.
Fortune is reporting that he bought his stake in Twitter from insiders, not the company. Twitter spokesman Matt Graves declined to provide any further details. The prince's investment in Twitter has been rumored since October.
The San Francisco company's worth was pegged at $8.4 billion in a funding round led by Digital Sky Technologies in October.
Twitter says it has 100 million active users who send 250 million tweets per day.
One of an elite group of privately held social media companies sporting multibillion valuations, Twitter is taking its time before going public. Facebook, which has more than 800 million users, is planning a $10-billion initial public offering. Twitter is also seen as a major player in social media because of its popularity. The company is still working on its fledgling advertising business.
Twitter's advertising business is expected to generate about $140 million this year, up from $45 million last year, according to EMarketer. Twitter may generate $260 million in ad revenue in 2012, the research firm said. Twitter now has more than 700 employees.
“We believe that social media will fundamentally change the media industry landscape in the coming years. Twitter will capture and monetize this positive trend,” Ahmed Reda Halawani, Kingdom Holdings executive director of private equity and international investments, said in a statement.
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