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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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Analysts: Gold to Surge to $1,900 in The Near Future
May 3rd, 2020 - 08:00 GMT

Analysts: Gold to Surge to $1,900 in The Near Future

UAE Among World's Top 20 Financially Strong Emerging Economies
May 3rd, 2020 - 07:30 GMT

UAE Among World's Top 20 Financially Strong Emerging Economies

Buffett's Berkshire Posts Nearly $50 Billion Loss Amid COVID-19 Crisis
May 3rd, 2020 - 07:00 GMT

Buffett's Berkshire Posts Nearly $50 Billion Loss Amid COVID-19 Crisis

Iraq: Oil Earnings Plummet Again to Multi-Year Low
May 2nd, 2020 - 06:30 GMT

Iraq: Oil Earnings Plummet Again to Multi-Year Low

US Claims Iran Aiding Venezuela's Oil Industry in Exchange for Gold
May 2nd, 2020 - 06:00 GMT

US Claims Iran Aiding Venezuela's Oil Industry in Exchange for Gold

Twitter Switches Off SMS Service For Security Reasons
May 1st, 2020 - 05:00 GMT

Twitter Switches Off SMS Service For Security Reasons

Remote Work Safely: 5 Tips to Protect Yourself from Cyberattacks
May 1st, 2020 - 04:30 GMT

Remote Work Safely: 5 Tips to Protect Yourself from Cyberattacks

85 Percent of World's Airlines At Risk Of Bankruptcy Before Year-end
May 1st, 2020 - 04:00 GMT

85 Percent of World's Airlines At Risk Of Bankruptcy Before Year-End

With Countries Easing their Coronavirus Lockdowns, Will it be "Business as Usual" Soon?
May 1st, 2020 - 07:00 GMT

With Countries Easing their Coronavirus Lockdowns, Will it be "Business as Usual" Soon?

Why Are Developing Economies Expected to Suffer the Most Severe Consequences of the Coronavirus Crisis?
April 30th, 2020 - 03:00 GMT

Why Are Developing Economies Expected to Suffer the Most Severe Consequences of the Coronavirus Crisis?

The Deep Roots of Lebanon's Financial Crisis
April 30th, 2020 - 01:00 GMT

The Deep Roots of Lebanon's Financial Crisis

World's Gov'ts New Dilemma: Saving Lives or Livelihoods
April 30th, 2020 - 12:30 GMT

World's Gov'ts New Dilemma: Saving Lives or Livelihoods

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