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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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Al Bawaba
November 9th, 2014 - 06:53 GMT

Etisalat and Huawei strengthen their strategic co-operation in the Customer Experience Management (CEM) domain with the award of the first Service Operation Center (SOC) contract to Huawei to realize best customer experience

Al Bawaba
November 9th, 2014 - 06:08 GMT

Qatar Foundation’s Annual Research Conference’14 leads discussions on cyber security and computing for social good to address nation’s grand challenges

Al Bawaba
November 9th, 2014 - 06:04 GMT

Etihad Airways to hold nine cabin crew recruitment days in November

Al Bawaba
November 9th, 2014 - 06:00 GMT

Al Hilal Bank welcomes Governor of Kazakhstan’s Central Bank to Abu Dhabi

The menace of ISIL has presented Iran with an opportunity to liberate its economy from sanctions by emerging as a responsible regional power.
November 9th, 2014 - 05:55 GMT

How the Islamic State presented Iran with an unprecedented economic opportunity

According to various estimates, IS receives $1 million to $3 million from illegal transactions of Iraqi oil every day.
November 9th, 2014 - 05:55 GMT

Down the drain: Iraqi economy losing $1.2 billion each month on Kirkuk-Ceyhan pipeline

Al Bawaba
November 9th, 2014 - 05:52 GMT

Biolab helps organ transplant patients by introducing the Panel Reactive Antibodies test

Al Bawaba
November 9th, 2014 - 04:55 GMT

Rachel Corrie vs. Arab Bank: hypocrisy and injustice in the US' legal system

Al Bawaba
November 9th, 2014 - 04:55 GMT

El-Sisi to meet with largest US business delegation since 2011 revolution

Al Bawaba
November 6th, 2014 - 06:48 GMT

Can GCC citizens be taken off subsidies?

Al Bawaba
November 6th, 2014 - 06:23 GMT

Maybe if you believe it enough, it will happen: OPEC says oil demand will soar 60%

Rolls said its restructuring plan would result in incremental costs of about £120 million ($192 million, 154 million euros) over the next two years.
November 6th, 2014 - 05:49 GMT

Not so fancy: Rolls Royce to fire 2,600 workers

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