Saudi Prince invests $1B in U.S. firms

Prince Alwaleed bin Talal of Saudi Arabia has invested $1 billion in 15 U.S. companies, including six Internet firms and two telecommunications giants. His holdings include $50 million each in Internet firms Amazon.com Inc. (amzn), eBay Inc. (ebay), Internet Capital Group Inc, Priceline (pcln), InfoSpace.com Inc. (insp) and DoubleClick Inc. (dclk). -- Reuters