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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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Stay comfortable while attending the 4-day exhibition and when visiting attractions in the city.
January 17th, 2019 - 11:07 GMT

M Hotel Downtown by Millennium Unveils Special Arab Health Dubai 2019 Offers

EIA expects crude oil prices to continue to rise in late 2019 and early 2020 because of an increase in refinery demand for light-sweet crude oil (Shutterstock)
January 17th, 2019 - 10:46 GMT

Brent Oil Estimated at $61 per Barrel in 2019

So just what should you consider when choosing a consulting coach? (Shutterstock)
January 17th, 2019 - 10:34 GMT

How to Choose the Right Consulting Coach for You

During the event
January 17th, 2019 - 10:18 GMT

The New Shopping Experience Drives Consumers to Visit Huawei Flagship Store in Riyadh

If the cheque gets dishonoured, the banks have the right to file criminal case against the debtors concerned. (Shutterstock)
January 17th, 2019 - 10:17 GMT

Learn How You Can Settle UAE Bank Loan From Abroad

Vikas Panchal, Business Head at Tally Solutions in the Middle East
January 17th, 2019 - 10:03 GMT

High Business VAT Compliance Rate Contributes to Smooth Implementation of Tax System in UAE

The figure shows 10 percent rise from the tax income earned during the same period of time in the previous year. (Shutterstock)
January 17th, 2019 - 10:03 GMT

More Than $16 Billion Generated in Iran From Tax Revenues

shoppers can take a glimpse and interact with ‘Pepper’ at Oasis Mall on 25th- 26thJanuary 2019 and on 1st -2nd of February 2019.
January 17th, 2019 - 09:57 GMT

Oasis Mall Invites You for a Meet and Greet With ‘Happy Pepper’ This January

CBI decided to take a more moderate stance toward the digital money and blockchain technology following the imposition of a new round of U.S. sanctions. (Shutterstock)
January 17th, 2019 - 09:54 GMT

Will Crypto-Rial Help Iran Evade the Sanctions' Effects?

LakeDiamond CEO Dr. Pascal Gallo and TAQA CEO Saeed Hamad Al Dhaheri at the signing of the agreement at the World Future Energy Summit (WFES) in Abu Dhabi.
January 17th, 2019 - 09:51 GMT

TAQA and LakeDiamond Partner on Laser-Based Wireless Power-Beaming Technology to Promote Clean Energy and Efficiency

Qatari businessmen are interested in exploring investment opportunities available in Ethiopia. (Shutterstock)
January 17th, 2019 - 09:47 GMT

Qatar Eyes Investment Opportunities in Ethiopia

During the event
January 17th, 2019 - 09:43 GMT

Millennium Resort Mussanah Marks 2018 With Four Prestigious Awards

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