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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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Remote Access allows users to directly control their devices connected to a TV with a keyboard and mouse in addition to simply displaying the content on a larger screen.
January 6th, 2019 - 08:18 GMT

Samsung Introduces Remote Access, Enabling User Control Over Peripheral Connected Devices Through Its Smart TVs

Several economic officials and analysts have affirmed that the outlook for the UAE economy is highly positive despite global headwinds. (Shutterstock)
January 6th, 2019 - 08:14 GMT

UAE's GDP Projected to Grow 3.7 Percent in 2019

Oil prices collapsed over 40 per cent in the fourth quarter, but surged to its best weekly gain in more than two years this week. (Shutterstock)
January 6th, 2019 - 08:09 GMT

US-China Trade Talks to Set the Future Direction for Oil Market

During the event
January 6th, 2019 - 08:05 GMT

Huawei Opens Its First Flagship Store in Saudi Arabia

During the event
January 6th, 2019 - 07:59 GMT

QBG Launches Food Security Competition for Local High Schools

Dh23.4m worth of fines waived off last year to help firms cope up with challenging environment. (Shutterstock)
January 6th, 2019 - 07:53 GMT

Dubai to Maintain 50 Percent Reduction in Fines for Businesses in 2019

Going forward, the FTA is going to conduct tax audits on businesses, which will ensure that the they take compliance with VAT more seriously than what they have been doing in the first year. (Shutterstock)
January 6th, 2019 - 07:46 GMT

More Than 296,000 Businesses Registered for VAT in UAE

Mohammed Ali Rashid Lootah, CEO of CCCP
January 6th, 2019 - 07:32 GMT

DED Implements Automatic Fine Settlement to Enhance Ease of Business and Sustainability

The 9,742 m2 building is equipped with state-of-the-art technology designed to support academic and training needs.
January 6th, 2019 - 07:25 GMT

Abu Dhabi University’s Newest Building to Be Named in Honor of ‘Umm Al Emarat’

Khalid Al Bustani,  Director General of the Federal Tax Authority
January 6th, 2019 - 07:12 GMT

Federal Tax Authority Announces Results and Successes of the First Year of VAT Implementation

Hussam Juma, Director of Service Innovation Department
January 6th, 2019 - 07:02 GMT

Dubai Customs Participates in Saving Digital Customs in the Arab World Conference in Amman

With such a wide variety of experiences to discover at City Centre Mirdif every Monday, ladies can create their perfect day out with Monday Sobhiya.
January 6th, 2019 - 06:20 GMT

City Centre Mirdif Brings Back Its Popular Monday Sobhiya Exclusively for Women

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