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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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Ford, Volkswagen to Finalize $4 Billion Self-Driving Cars Deal with Argo AI
June 3rd, 2020 - 12:00 GMT

Ford, Volkswagen to Finalize $4 Billion Self-Driving Cars Deal with Argo AI

This Woman Receives Guinness World Record for Paying Largest Library Book Fine Ever!
June 3rd, 2020 - 11:30 GMT

This Woman Receives Guinness World Record for Paying Largest Library Book Fine Ever!

US Sanctions 4 Companies, Tankers for Venezuelan Oil Trades
June 3rd, 2020 - 11:00 GMT

US Sanctions 4 Companies, Tankers for Venezuelan Oil Trades

UK: 16 Percent of Citizens Financially Better Off in Lockdown
June 3rd, 2020 - 10:30 GMT

UK: 16 Percent of Citizens Financially Better Off in Lockdown

Google Faces $5 Billion Lawsuit for Tracking Users' “Private” Mode
June 3rd, 2020 - 10:00 GMT

Google Faces $5 Billion Lawsuit for Tracking Users' “Private” Mode

Facebook Employees Protest Against Zuckerberg's Stand on Trump’s Posts
June 3rd, 2020 - 09:30 GMT

Facebook Employees Protest Against Zuckerberg's Stand on Trump’s Posts

Report: Diversified Arab Economies Less Hit by COVID-19
June 3rd, 2020 - 09:00 GMT

Report: Diversified Arab Economies Less Hit by COVID-19

World Bank Calls on Oil-Exporting Countries to Eliminate Energy Subsidies
June 3rd, 2020 - 08:30 GMT

World Bank Calls on Oil-Exporting Countries to Eliminate Energy Subsidies

Syria: Stock Market Suspends Trading for Makhlouf's Company
June 3rd, 2020 - 08:00 GMT

Syria: Stock Market Suspends Trading for Makhlouf's Company

UAE: Abu Dhabi Bans Industries from Exporting Iron Scrap, Waste Paper
June 3rd, 2020 - 07:30 GMT

UAE: Abu Dhabi Bans Industries from Exporting Iron Scrap, Waste Paper

Apple Expected to Reach $2 Trillion Market Cap in Four Years
June 3rd, 2020 - 07:00 GMT

Apple Expected to Reach $2 Trillion Market Cap in Four Years

UAE: Bayut, Dubizzle Merge to Create $1 Billion Unicorn Company
June 3rd, 2020 - 06:30 GMT

UAE: Bayut, Dubizzle Merge to Create $1 Billion Unicorn Company

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