News Corp, Twitter Investor Putting Money Into Lyft

Wall Street Journal: Lyft ​is getting a boost from Saudi Arabia’s Prince al-Waleed bin Talal. The prince ​announced that his Kingdom Holding Co. ​is paying $104.9 million ​for 2.3 percent of the ride-sharing service, part of a larger investment ​by an unnamed group ​of $247.7 million for 5.3 percent of the San Francisco-based company. Through Kingdom Holding, al-Waleed is an investor in Apple, Twitter and News Corp.