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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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Oracle
September 12th, 2024 - 06:44 GMT

Oracle Announces New AI-Powered Products For Enterprises, App Development, and Data Intelligence

Zhang Yiming, Founder of TikTok’s parent company, is now China’s wealthiest person
September 12th, 2024 - 06:31 GMT
Reema Tuqan

Zhang Yiming, Founder of TikTok’s parent company, is now China’s wealthiest person

Bitget Wallet aims to make Web3 invisible to the user, simplifying onboarding and enhancing accessibility.
September 12th, 2024 - 05:24 GMT

Million Monthly Active Users, Driving Crypto Mass Adoption Through Web2 Integration

Cadillac
September 12th, 2024 - 03:38 GMT

Four reasons why the new Cadillac XT4 should be your next vehicle

sisvel
September 12th, 2024 - 03:33 GMT

LG Electronics, KT Corporation and Vodafone Join Sisvel Cellular IoT Patent Pool

Huawei unveils $2800 world’s first “Trifold” phone, Mate XT
September 11th, 2024 - 08:17 GMT

Huawei unveils $2800 world’s first “Trifold” phone, Mate XT

Stellantis invests $400m in EV push across 3 Michigan plants
September 11th, 2024 - 07:09 GMT

Stellantis invests $400m in EV push across 3 Michigan plants

jobless rate
September 11th, 2024 - 01:42 GMT

Türkiye's jobless rate goes down to 8.8% by July

Rixos
September 11th, 2024 - 12:31 GMT

The Ultimate Luxury All-Inclusive All-Exclusive Escape Awaits at the Iconic Rixos The Palm Dubai

Entries for the 2025 (sixth annual) Middle East & North Africa Stevie® Awards
September 11th, 2024 - 12:20 GMT

Call for Entries Issued for the 2025 Middle East & North Africa Stevie® Awards

SPINNEYS
September 11th, 2024 - 12:19 GMT

SPINNEYS DUBAI 92 CYCLE CHALLENGE IS BACK WITH REGISTRATIONS NOW OPEN

Mr. Philippe Jarre, President, Mindware Group
September 11th, 2024 - 12:15 GMT

Mindware to Bring Cutting-Edge Innovations to GITEX 2024

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