Oct 23, 2019

Bloomberg will not participate in Saudi Arabia's "Davos in the Desert"

Crown Prince of Saudi Arabia Mohammad bin Salman speaks during the second day of the 2018 'Future Investment Initiative.' Photo: Bandar Algaloud/Saudi Kingdom Council/Handout/Anadolu Agency/Getty Images

None of the panels at this month's Future Investment Initiative in Riyadh will feature Bloomberg moderators, the news organization said Wednesday.

Driving the news: Axios reported earlier on Wednesday that Bloomberg reporters were scheduled to moderate nine of the panels in a draft of the program. Ty Trippet, a Bloomberg spokesman, told Axios that "Bloomberg is not sponsoring the event or participating in the program. We will be covering news from the conference, as we did last year."

Go deeper: The draft list of grandees scheduled to appear at "Davos in the Desert"

Go deeper

Scoop: The grandees headed to Saudi Arabia's "Davos in the Desert"

Illustration: Rebecca Zisser/Axios

Never mind the murder of Washington Post columnist Jamal Khashoggi — there's money to be made. That's the clear message sent by the list of grandees scheduled to attend the Future Investment Initiative in Riyadh, Saudi Arabia later this month.

Axios has obtained a "Draft Narrative Program" for the conference, marked "Not Final — Subject to Change." Any of the names on the program could therefore still pull out. Those names include heads of state, including Narendra Modi of India and Jair Bolsonaro of Brazil.

Go deeperArrowOct 23, 2019

The fringe internet frets over Mike Bloomberg's place in the 2020 race

Photo: Andrew Burton/Getty Images

Since entering the presidential fray last week, billionaire Mike Bloomberg has become a popular topic on fringe internet forums, where users have dished about what his war chest could mean for the race, according to data provided to Axios from social intelligence firm Storyful.

Why it matters: Discussions on Reddit, as well as fringe-right sites 4chan and Gab, discuss whether Bloomberg's well-financed entrance into the race will upend President Trump's second bid for The White House.

Go deeperArrowNov 12, 2019

Saudi Arabia's "Davos in the Desert" releases its agenda

Crown Prince Mohammed bin Salman at the conference in 2017 — with then-IMF head Christine Lagarde at left. Photo: Fayez Nureldine/AFP/Getty Images

Saudi Arabia's Future Investment Initiative — popularly known as "Davos in the Desert" — has finally released its agenda, just 24 hours before the controversial conference is set to begin.

What's happening: Crown Prince Mohammed bin Salman does not appear to be on the program. Instead, opening remarks will come from Saudi Public Investment Fund chief and Uber board member Yasir Al-Rumayyan.

Go deeperArrowOct 28, 2019