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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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During the event
January 14th, 2019 - 07:20 GMT

New Official Partner Dulsco to Support Expo 2020 Dubai in Diverting 85 per Cent of Its Waste Away From Landfill

During the event
January 14th, 2019 - 06:55 GMT

Citi UAE Opens Citigold Lounge in Abu Dhabi

During the event
January 14th, 2019 - 06:50 GMT

Ooredoo Signs MoU With Be’Ah for the Safe Disposal of Waste Electrical and Electronic Equipment

The technology employs two separate driving assist systems that work together simultaneously – the Audio-Visual Conversion (AVC) and Audio-Tactile Conversion (ATC).
January 14th, 2019 - 06:43 GMT

Hyundai Reveals New Technology to Assist Hearing-Impaired Drivers

During the event
January 14th, 2019 - 06:40 GMT

Deyaar Signs Property Management Contract With Awqaf and Minors Affairs Foundation

During the event
January 14th, 2019 - 06:27 GMT

Al Wasl Club Academy Defeats as Roma 8-0 in Week 7 of Dubai Sports Council Academies Championship

During the event
January 14th, 2019 - 05:59 GMT

Union Insurance and Sharaf Exchange Join Hands

During the event
January 14th, 2019 - 05:48 GMT

Qatar Digital Library’s Progress Highlighted in Lecture at Qatar National Library

UAE, Oman, Saudi Arabia, Kuwait and Bahrain registered a drop in the number of Indian workers looking for opportunities. (Shutterstock)
January 13th, 2019 - 12:32 GMT

Number of Indian Workers in GCC Drops in 2018 Due to Nationalization Schemes

The UAE is among the fastest growing markets for UK services globally, with total services trade at GBP5.6 billion with the UAE, up 90 percent over the last decade. (Shutterstock)
January 13th, 2019 - 12:17 GMT

UK Eyes Fintech, Green Finance Opportunities in UAE

Professionals will also be able to sponsor their families during the licence's validity period. (Shutterstock)
January 13th, 2019 - 12:07 GMT

New 2-Year Visa Announced for Doctors in UAE

Significant number of scheduled flights will be impacted by the closure of DXB's Southern Runway. (File/Photo)
January 13th, 2019 - 11:55 GMT

Emirates to Cancel 25 Percent of Its Flights Due to Runway Closure

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