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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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UAE: Banks to Layoff 10-15 Percent of Workforce
June 9th, 2020 - 08:00 GMT

UAE: Banks to Layoff 10-15 Percent of Workforce

Alessandro Casuccio on UAE Tech Podcast / Al Bawaba Business
June 9th, 2020 - 07:57 GMT

UAE Tech Podcast: Alessandro Casuccio on Big Data, Ecommerce & Building in the Cloud

Wall Street Continue to Rise Amid Optimism on Economic Recovery
June 9th, 2020 - 07:30 GMT

Wall Street Continue to Rise Amid Optimism on Economic Recovery

World Bank: World to Witness Deepest Recession Since 1940s
June 9th, 2020 - 07:05 GMT

World Bank: World to Witness Deepest Recession Since 1940s

Oman Terminates Ban on Expats Changing Jobs
June 9th, 2020 - 06:40 GMT

Oman Terminates Ban on Expats Changing Jobs

Saudi Arabia Deploys Blockchain Technology for Money Transfers
June 9th, 2020 - 06:05 GMT

Saudi Arabia Deploys Blockchain Technology for Money Transfers

Reasons Zoom's 'Success Bubble' Could Burst Very Soon
June 8th, 2020 - 03:00 GMT

Why Zoom's 'Success Bubble' Could Burst Very Soon

UK: British Airways, Ryanair, EasyJet Sue Gov’t Over Quarantine Rules
June 8th, 2020 - 01:30 GMT

UK: British Airways, Ryanair, EasyJet Sue Gov’t Over Quarantine Rules

DIFC Invests in 4 FinTech Start-ups
June 8th, 2020 - 01:00 GMT

DIFC Invests in 4 FinTech Start-ups

Is US-China Trade War Postponed to Fight off the Microscopic Enemy?
June 8th, 2020 - 12:30 GMT

Is US-China Trade War Postponed to Fight off the Microscopic Enemy?

Japan Threatened to Slip into Worst Economic Slump
June 8th, 2020 - 12:00 GMT

Japan Threatened to Slip into Worst Economic Slump

Oil Prices Rise As OPEC+ Extend Output Deal for Another Month
June 8th, 2020 - 11:30 GMT

Oil Prices Rise As OPEC+ Extend Output Deal for Another Month

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