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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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The consortium consists of NEC as the prime overall integrator, Netcracker, Redhat, Juniper and Dell who will collaborate with Etisalat.
February 27th, 2018 - 08:50 GMT

Etisalat Forms Consortium of Global Technology Leaders for SDN/NFV Cloud

25 young adults take part in discussions and workshops to explore the future without oil and gas, mobility, service delivery and career aspirations.
February 27th, 2018 - 08:31 GMT

Enoc Hosts Forum for Young Adults in Partnership With Dubai Youth Council

Börje Ekholm, Ericsson's CEO
February 27th, 2018 - 08:16 GMT

Ericsson at MWC 2018: 5G Open for Business

The Rolls-Royce fleet, which originally comprised twelve Ghost models, has now grown to a total of 30 vehicles.
February 27th, 2018 - 08:09 GMT

MAG Lifestyle Development Unveils Biggest Fleet of Rolls-Royce Ghost Cars in the World

Majid Jafar, CEO of Crescent Petroleum
February 27th, 2018 - 07:36 GMT

Sharjah’s Changing Energy Landscape to Be Explored in 2018 Report: Majid Jafar

Sharad Dubey, Aftersales Director at Arabian Automobiles
February 27th, 2018 - 07:35 GMT

Arabian Automobiles Aftersales Division Introduces Connected Services

Bank ABC Islamic today announced that its net profit for the year 2017 was 12 percent higher than a year before.
February 27th, 2018 - 07:29 GMT

Bank ABC Islamic Announces $25.6 Million Net Profit for 2017, up 12 Percent

The Expresso Telecom Group and EDCH first joined forces in 2016 with EDCH being the partner of choice for data and financial clearing services.
February 27th, 2018 - 07:22 GMT

Emirates Data Clearing House, Expresso Senegal Partner to Launch E-Money Service

The Group took this opportunity to invite residents to share their happy stories across the UAE through ‘Happiness Booths’ and social media.
February 27th, 2018 - 07:02 GMT

Landmark Group's 'Happiness Booths' Draw Community Together in UAE

Jeyapriya Partiban, Partner and Head of Risk Consulting at KPMG in Bahrain
February 27th, 2018 - 06:55 GMT

KPMG Bahrain Hosts a Seminar on Anti-Money Laundering Trends and Challenges

In Gotham City, guests will be able to climb aboard a one-of-a-kind robotically controlled flying Batwing vehicle.
February 27th, 2018 - 06:49 GMT

Warner Bros. World Abu Dhabi’s Gotham City Set to Thrill Guests

Huawei will provide du data core network with the capability to be able to seamlessly evolve to 5G core.
February 27th, 2018 - 06:47 GMT

du Opts for Huawei CloudEPC+ Solution as a Strategic Partner for 5G Evolution

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