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Financial media giant Bloomberg is reportedly in talks with Prince Alwaleed bin Talal al-Saud of Saudi Arabia to launch a new Arabic-language business news channel--a move which could both shake up foreign media and cause massive headaches for Rupert Murdoch. Al Jazeera might have some new competition. Financial media giant Bloomberg is reportedly in talks with Prince Alwaleed bin Talal al-Saud of Saudi Arabia to launch a new Arabic-language business news channel--a move which could shake up foreign media and cause massive headaches for Rupert Murdoch

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