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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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Dubai Outlet Mall Gears up for Dsf with Exciting Shop, Spin and Win Raffle Draw
December 31st, 2018 - 09:32 GMT

Dubai Outlet Mall Gears up for DSF with Exciting Shop, Spin and Win Raffle Draw

In 2018, malicious cryptocurrency mining prevailed over the main threat of the last few years: ransomware. (Shutterstock)
December 31st, 2018 - 09:31 GMT

Five Million Users Attacked in the First Three Quarters of 2018 by Malicious Cryptocurrency Mining

ASGC partnership with Etisalat.
December 31st, 2018 - 09:20 GMT

Etisalat’s ‘OneCloud Platform’ Provides the Foundation of ASGC’s Digital Transformation

Indulge in a Gourmet Dinner with the Masters of Food  at Park Hyatt Abu Dhabi
December 31st, 2018 - 09:18 GMT

Indulge in a Gourmet Dinner with the Masters of Food at Park Hyatt Abu Dhabi

HH Sheikh Mohammed Bin Rashid Al Maktoum. (Shutterstock)
December 31st, 2018 - 09:13 GMT

Statement by His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance, to Mark the 50th Anniversary of His Highness Sheikh Mohammed bin Rashid Al Maktoum's Inauguration

Three new iPhones launched in 2018. Here are the top 10 you can buy today. (Shutterstock)
December 31st, 2018 - 09:02 GMT

Top 10 iPhones in 2018, Which One Would You Buy?

Few suggestions of where to see in a, hopefully, brighter 2019. (Shutterstock)
December 31st, 2018 - 08:15 GMT

Check out These 10 Places in UAE for Celebrating New Year's Eve

In Sharjah, parking will be free of cost in select areas. (Shutterstock)
December 31st, 2018 - 08:05 GMT

Enjoy This Service for Free in UAE on January 1

Sharjah will continue to maintain an investment-friendly climate to foreign investors. (Shutterstock)
December 31st, 2018 - 07:59 GMT

More Jobs to Be Generated in This Emirate Due to Foreign Investments

It is a reflection of what a series of data leaks has done to damage the firm's reputation. (Shutterstock)
December 31st, 2018 - 07:52 GMT

Survey: Facebook Least Trusted Company

Iran’s non-oil exports hit over $33 billion. (Shutterstock)
December 31st, 2018 - 07:46 GMT

China's Exports to Iran Exceeds $8 Million in 2018

Intensive campaigns will be conducted immediately after the end of the amnesty scheme. (Shutterstock)
December 31st, 2018 - 07:39 GMT

UAE Amnesty for Illegal Expats Ends Today

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