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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRussia invested $1B in Facebook...how deep does this go?
The files show that in 2011, VTB funded a $191m investment in Twitter. About the same time, Gazprom Investholding financed an opaque offshore company, which in turn funded a vehicle that held $1bn-worth of Facebook shares.
https://www.theguardian.com/news/2017/nov/05/russia-funded-facebook-twitter-investments-kushner-associate
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Russia invested $1B in Facebook...how deep does this go? (Original Post)
HipChick
Nov 2017
OP
Remember when we thought bloggers and social media were gonna save us from disinformation?
emulatorloo
Nov 2017
#2
SunSeeker
(51,557 posts)1. K & R for exposure.
emulatorloo
(44,124 posts)2. Remember when we thought bloggers and social media were gonna save us from disinformation?
That's a hell of a lot on money.
genxlib
(5,526 posts)3. That looks hinky
But I don't really understand what they would stand to gain beyond straightforward investment.
It's huge money but it is a tiny fraction of the market cap of those companies. They would not be able to exert any significant influence over them.
Wellstone ruled
(34,661 posts)4. If Wall Street looks the other way,
well,forget it,money is fungible.
C_U_L8R
(45,002 posts)5. Shareholders come first.
You can bet either company would do anything to make sure their shareholders are happy. Anything.