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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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How will iOS 14 Revolutionize Your Apple Products
June 24th, 2020 - 12:00 GMT

How Will iOS 14 Revolutionize Your Apple Products?

IMF: Global Recession is Far Worse than Expected
June 24th, 2020 - 11:30 GMT

IMF: Global Recession is Far Worse than Expected

WTO: Global Trade Set to Drop 18.5 in Q2
June 24th, 2020 - 11:00 GMT

WTO: Global Trade Set to Drop 18.5 in Q2

UK: Car Industry Calls for Sales Tax Cut to Revive Sector
June 24th, 2020 - 10:30 GMT

UK: Car Industry Calls for Sales Tax Cut to Revive Sector

S. Korea: Nearly One-Third of Financial Investment Overseas Are in US
June 24th, 2020 - 10:00 GMT

S. Korea: Nearly One-Third of Financial Investment Overseas Are in US

Oman Launches New Loan Program for Businesses Hit by Pandemic
June 24th, 2020 - 09:30 GMT

Oman Launches New Loan Program for Businesses Hit by Pandemic

Lebanon: Pound Plummets to Record Low, Trading Over 6,000 to the USD
June 24th, 2020 - 09:00 GMT

Lebanon: Pound Plummets to Record Low, Trading Over 6,000 to the USD

Egypt: Foreign Investments Increase Due to $5.2 Billion Agreement with IMF
June 24th, 2020 - 08:30 GMT

Egypt: Foreign Investments Increase Due to $5.2 Billion Agreement with IMF

Tunisia to Boost Economy with $2.1 Billion
June 24th, 2020 - 08:00 GMT

Tunisia to Boost Economy with $2.1 Billion

Russia to Hike Income Taxes on the Wealthy
June 24th, 2020 - 07:45 GMT

Russia to Hike Income Taxes on the Wealthy

SunExpress Airline to Stop Operations in Germany to Focus on Turkish Tourism
June 24th, 2020 - 07:15 GMT

SunExpress Airline to Stop Operations in Germany to Focus on Turkish Tourism

UAE: Abu Dhabi Seals $10 Billion Gas Pipeline Deal
June 24th, 2020 - 06:30 GMT

UAE: Abu Dhabi Seals $10 Billion Gas Pipeline Deal

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