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BUSINESS

BUSINESS latest

Elon Musk avoids $150 million penalty in Twitter disclosure case
July 10th, 2026 - 10:56 GMT
Osama Ali

Osama Ali

Elon Musk avoids $150 million penalty in Twitter disclosure case

ALBAWABA – Elon Musk settled with the U.S. Securities and Exchange Commission for a far lower amount after a U.S. federal judge approved a deal to settle claims he failed to disclose his purchases of Twitter shares in time under securities law. The settlement, reportedly worth $1.5 million, concerns Elon Musk's 2022 purchase of a substantial share in Twitter before he completed his $44 billion takeover of the social media ...
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December 23rd, 2009 - 08:05 GMT

Drake & Scull International align with renewable energy company

December 23rd, 2009 - 07:59 GMT

GFH buys back Sukuk

December 22nd, 2009 - 09:45 GMT

Fashion jewellery accounted for 26% ($56.98 billion) of UAE’s non-oil foreign trade in 2008

December 22nd, 2009 - 09:37 GMT

Dubai Financial Market to Acquire NASDAQ Dubai for US$ 121 Million

December 22nd, 2009 - 07:28 GMT

Proclamation of Al Baraka Bank Syria and the Election of its First Board of Directors

December 22nd, 2009 - 07:09 GMT

Civil building projects worth USD 48.2 billion to spur demand for smart networking technologies in Qatar, says NETGEAR

December 21st, 2009 - 11:42 GMT

Survey Finds Travellers in Saudi Arabia Cautiously Optimistic

December 21st, 2009 - 10:21 GMT

Telecom Operators Meet to Enhance International Roaming in SAMENA region through “SIRG”

December 21st, 2009 - 09:40 GMT

Imdaad’s Impressive Client List Grows with Contract at JLT

December 20th, 2009 - 09:26 GMT

Sakan Finance launches its operations in Cairo

December 20th, 2009 - 08:28 GMT

Nexus Predicts Double-Digit Growth for Region’s Insurance Industry in 2010

December 20th, 2009 - 08:20 GMT

Alitalia and Etihad sign Memorandum of Understanding

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