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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 Ranks Third Among Most Resilient Economies in 2020
April 29th, 2020 - 01:30 GMT

UAE Ranks Third Among Most Resilient Economies in 2020

Ford to Reopen European Factories on May 4
April 29th, 2020 - 01:00 GMT

Ford to Reopen European Factories on May 4

Microsoft, Coca-Cola Ink 5-year Cloud Technology Business Deal
April 29th, 2020 - 12:30 GMT

Microsoft, Coca-Cola Ink 5-year Cloud Technology Business Deal

Moody's: COVID-19 Puts Dubai’s Economy, GREs at Risk
April 29th, 2020 - 12:00 GMT

Moody's: COVID-19 Puts Dubai’s Economy, GREs at Risk

Jordan: Women More Likely to Lose Jobs Amid COVID-19 Crisis
April 29th, 2020 - 11:30 GMT

Jordan: Women More Likely to Lose Jobs Amid COVID-19 Crisis

G20 to Discuss Role of Digital Technologies in Facing COVID-19 Pandemic
April 29th, 2020 - 11:00 GMT

G20 to Discuss Role of Digital Technologies in Facing COVID-19 Pandemic

Germany: Economic Output Plunges 16 Percent Due to COVID-19
April 29th, 2020 - 10:30 GMT

Germany: Economic Output Plunges 16 Percent Due to COVID-19

HSBC Scolded for Blocking Donations to Palestinian Aid Charity
April 29th, 2020 - 10:00 GMT

HSBC Scolded for Blocking Donations to Palestinian Aid Charity

Egypt: Tech Company Produces 3D-Printed Face Masks to Combat COVID-19
April 29th, 2020 - 09:30 GMT

Egypt: Tech Company Produces 3D-Printed Face Masks to Combat COVID-19

Best Practices for Home Working: How to Maintain a Calm and Efficient Environment
April 29th, 2020 - 09:00 GMT

Best Practices for Home Working: How to Maintain a Calm and Efficient Environment

Arab Central Banks: Fast Transition to Digital Services is Key to Support Sustainable Economic Development
April 29th, 2020 - 08:30 GMT

Arab Central Banks: Fast Transition to Digital Services is Key to Support Sustainable Economic Development

Boeing: Air Travel’s Wings May Take Years to Recover from COVID-19
April 29th, 2020 - 08:00 GMT

Boeing: Air Travel’s Wings May Take Years to Recover from COVID-19

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