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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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SAB Express Delivers for Good in Times of Crisis
May 13th, 2020 - 08:01 GMT

SAB Express Delivers for Good in Times of Crisis

Tesla Resumes Production at California Plant, Defying Lockdown Orders
May 13th, 2020 - 08:00 GMT

Tesla Resumes Production at California Plant, Defying Lockdown Orders

Huawei’s Top 5 Apps of the Week Shows Strength of HUAWEI AppGallery
May 13th, 2020 - 07:47 GMT

Huawei’s Top 5 Apps of the Week Shows Strength of HUAWEI AppGallery

Saudi Aramco Announces $16.7 Billion Q1 Net Income
May 13th, 2020 - 07:30 GMT

Saudi Aramco Announces $16.7 Billion Q1 Net Income

JAGGAER/Tejari white paper underscores the importance of holistic supplier management during the current pandemic
May 13th, 2020 - 07:29 GMT

JAGGAER/Tejari white paper underscores the importance of holistic supplier management during the current pandemic

Infor Positioned as a Leader in Gartner Magic Quadrant for Gartner Magic Quadrant
May 13th, 2020 - 07:14 GMT

Infor Positioned as a Leader in Gartner Magic Quadrant for Gartner Magic Quadrant

UAE: Digital Economy to Lead the Recovery Phase Post COVID-19
May 13th, 2020 - 07:00 GMT

UAE: Digital Economy to Lead the Recovery Phase Post COVID-19

Moody's: Abu Dhabi per Capita Income Significantly Higher Than Its Peers
May 13th, 2020 - 06:30 GMT

Moody's: Abu Dhabi per Capita Income Significantly Higher Than Its Peers

How Will UAE Sustain Food Security Post COVID-19?
May 13th, 2020 - 06:00 GMT

How Will UAE Sustain Food Security Post COVID-19?

Why Is China Launching the World's First Official Digital Currency Now?
May 12th, 2020 - 03:00 GMT

Why Is China Launching the World's First Official Digital Currency Now?

Bahrain Bourse Establishes Investor Protection Funds Programme
May 12th, 2020 - 01:00 GMT

Bahrain Bourse Establishes Investor Protection Funds Programme

UAE to Slash Oil Production by 100,000 bpd in June
May 12th, 2020 - 12:30 GMT

UAE to Slash Oil Production by 100,000 bpd in June

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