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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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November 2nd, 2009 - 06:53 GMT

346 FM radio stations broadcast in 18 Arab countries: Private FM radio stations constitute 48% of the total local stations

November 1st, 2009 - 09:11 GMT

Shari’a compliant products preferred over conventional funds by 65 per cent of KSA population

November 1st, 2009 - 09:00 GMT

Summertown Interiors completes 650 sqm AXA Insurance multi-functional call centre on schedule

November 1st, 2009 - 08:48 GMT

Derayah - Investment funds' asset achieve 8% of annual growth

November 1st, 2009 - 08:35 GMT

Dubai Investments PJSC reports profit of AED 822 million for the nine month period ended 30th September 2009

November 1st, 2009 - 08:18 GMT

DIP to complete ‘Single Business Tower’ ahead of time

October 31st, 2009 - 07:06 GMT

Mashreq registers net income of AED 1.12 billion for nine months to 30th September 2009

October 29th, 2009 - 03:32 GMT

Abu Dhabi hopes F1 race to spur economic and tourism growth

October 29th, 2009 - 01:52 GMT

SABIC affiliate TAYF and Albemarle form joint venture to build strategic organometallics catalyst plant in Jubail Industrial City

October 29th, 2009 - 11:58 GMT

Aabar announces AED 1.478 billion profit for 3rd quarter

October 29th, 2009 - 11:23 GMT

GulfNav PJSC announces 3rd Qtr 2009 results

October 29th, 2009 - 11:14 GMT

GFH rights issue passes US$200 million

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