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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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3 Companies Team Up to 3D Print Wind Turbine Towers
June 22nd, 2020 - 10:30 GMT

3 Companies Team Up to 3D Print Wind Turbine Towers

Neste Develops Solutions to Cut the Use of Crude Oil
June 22nd, 2020 - 10:00 GMT

Neste Develops Solutions to Cut the Use of Crude Oil

Dubai to Start Welcoming Tourists from July 7
June 22nd, 2020 - 09:30 GMT

Dubai to Start Welcoming Tourists from July 7

Apple to Start Assembling New iPhone in India
June 22nd, 2020 - 09:00 GMT

Apple to Start Assembling New iPhone in India

All You Need to Know About Starting an LLC in the US
June 22nd, 2020 - 08:30 GMT

All You Need to Know About Starting an LLC in the US

These Are The Countries You Can Travel to This Summer
June 22nd, 2020 - 08:00 GMT

These Are The Countries You Can Travel to This Summer

Lebanon: Who Benefited from Pumping the USD Dollars?
June 22nd, 2020 - 07:30 GMT

Lebanon: Who Benefited from Pumping the USD Dollars?

UK: British Airways Might Seek Investors for $1.86 Billion in Emergency Fundraising
June 22nd, 2020 - 07:00 GMT

UK: British Airways Might Seek Investors for $1.86 Billion in Emergency Fundraising

Aramco's SABIC Deal Raises Saudi Stocks to Historic Level
June 22nd, 2020 - 06:30 GMT

Aramco's SABIC Deal Raises Saudi Stocks to Historic Level

Checkout.com Valuation Grows to $5.5 Billion in Series B Fundraise
June 22nd, 2020 - 06:00 GMT

Checkout.com Valuation Grows to $5.5 Billion in Series B Fundraise

Johnson & Johnson to Discontinue 2 Skin-Lightening Products in the Middle East
June 21st, 2020 - 01:30 GMT

Johnson & Johnson to Discontinue 2 Skin-Lightening Products in the Middle East

Jordan Resumes Domestic Flights in an Attempt to Boost Tourism
June 21st, 2020 - 01:00 GMT

Jordan Resumes Domestic Flights in an Attempt to Boost Tourism

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