Saudi billionaire eye to news corporation

The Saudi billionaire whose investment firm is one of the biggest stakeholders in Rupert Murdoch's News Corp said he is looking to expand his alliances with the media giant. Prince Alwaleed bin Talal, a nephew of the Saudi king, met with News Corp's chief executive Rupert Murdoch on January 14 in a meeting that "touched upon future potential alliances with News Corp," according to a statement from his Kingdom Holding Co late Saturday.