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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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Migrant Workers in Lebanon: The Kafala System, Racism, and a Collapsing Economy
June 9th, 2020 - 03:00 GMT

Lebanon: The Kafala System, Racism, and a Collapsing Economy

Boeing Tests Ultraviolet Disinfection for Plane Cabins
June 9th, 2020 - 01:00 GMT

Boeing Tests Ultraviolet Disinfection for Plane Cabins

FinTech Startup Raises $7 Million Funding to Launch in Saudi Arabia
June 9th, 2020 - 12:30 GMT

FinTech Startup Raises $7 Million Funding to Launch in Saudi Arabia

Why Employees Need to Develop New Skills in the Post-COVID-19 Era
June 9th, 2020 - 12:00 GMT

Why Employees Need to Develop New Skills in the Post-COVID-19 Era

India: Jio Platforms Sells $750 Million Stake to ADIA
June 9th, 2020 - 11:30 GMT

India: Jio Platforms Sells $750 Million Stake to ADIA

MENA: Fear of Recession Lingers Despite Signs of Economical Recovery
June 9th, 2020 - 11:00 GMT

MENA: Fear of Recession Lingers Despite Signs of Economic Recovery

Hertz UAE to Remain Open for Business Despite Collapse of US Parent Group
June 9th, 2020 - 10:30 GMT

Hertz UAE to Remain Open for Business Despite Collapse of US Parent Group

Apicorp Participates in Financing the First Independent Sewage Treatment Plant in Saudi Arabia
June 9th, 2020 - 10:03 GMT

Apicorp Participates in Financing the First Independent Sewage Treatment Plant in Saudi Arabia

COVID-19 Creates A New Prosperous Market in Saudi Arabia
June 9th, 2020 - 10:00 GMT

COVID-19 Creates A New Prosperous Market in Saudi Arabia

The Reasons Behind Emerging Markets' Recent Rally
June 9th, 2020 - 09:30 GMT

The Reasons Behind Emerging Markets' Recent Rally

The Perks of Entrepreneurship
June 9th, 2020 - 09:00 GMT

The Perks of Entrepreneurship

IBM to Stop Offering Facial Recognition Software
June 9th, 2020 - 08:30 GMT

IBM to Stop Offering Facial Recognition Software

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