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In 2005, Almarai entered a new phase, transformed from a company with limited liability to a joint-stock company. The move was part of the company's IPO, as they floated 30% of the company shares on the Saudi Arabian stock market, the Tadawul. All shareholders, including The Savola Group, diluted their shares for the IPO to take place. However ...
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At first Facebook downplayed the significance of the breach, and suggested that Cambridge Analytica no longer had access. Facebook then issued a statement expressing alarm and suspended Cambridge Analytica. Review of documents and interviews with former Facebook employees suggested that Cambridge Analytica still possessed the data. [219]
Facebook and Instagram owner Meta Platforms is planning to spend as much as $65 billion this year alone to build on the social media company's artificial intelligence (AI) initiatives, CEO Mark ...
WASHINGTON (Reuters) - The U.S. Supreme Court sidestepped on Friday a decision on whether to allow shareholders to proceed with a securities fraud lawsuit accusing Meta's Facebook of misleading ...
WASHINGTON (Reuters) -The U.S. Supreme Court grappled on Wednesday over a bid by Meta's Facebook to scuttle a federal securities fraud lawsuit brought by shareholders who accused the social media ...
Nayef bin Sultan Al Kabeer (born 29 January 1975) is a Saudi businessman who has been the chairman of the board of directors of Almarai Company since March 2020 when his father Sultan bin Mohammed resigned from the post. [1] Nayef bin Sultan is a member of the Al Kabeer cadet branch of the Saudi royal family.
Mohammed bin Saud Al Kabeer, father of Prince Sultan. Prince Sultan belongs to the Al Kabeer branch of the Saudi royal family. [2] This branch is the descendants of Saud bin Faisal bin Turki, Emir of Nejd, who was an uncle of King Abdulaziz, the founder of the present Kingdom of Saudi Arabia.