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BUSINESS

BUSINESS latest

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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SODIC Releases 2020 Financial Results; Gross Contracted Sales at a New Company Record of Egp 7.4 Billion Despite COVID-19 Challenges
March 29th, 2021 - 01:17 GMT

SODIC Releases 2020 Financial Results; Gross Contracted Sales at a New Company Record of Egp 7.4 Billion Despite COVID-19 Challenges

Facebook, Google Reveal Undersea Cables to Connect Southeast Asia and America
March 29th, 2021 - 01:00 GMT

Facebook, Google Reveal Undersea Cables to Connect Southeast Asia and America

Ellington Capital Appoints Property Investment Expert Simon Townsend as CEO
March 29th, 2021 - 12:55 GMT

Ellington Capital Appoints Property Investment Expert Simon Townsend as CEO

Dubai Police and General Motors Sign Memorandum of Understanding Towards Enhancing Road Safety Through Onstar Technology
March 29th, 2021 - 12:42 GMT

Dubai Police and General Motors Sign Memorandum of Understanding Towards Enhancing Road Safety Through Onstar Technology

Saudi Arabia Sets New Plan for Tackling Carbon Emissions
March 29th, 2021 - 12:30 GMT

Saudi Arabia Sets New Plan for Tackling Carbon Emissions

90% of Jordan Professionals Consider Career Development Very Important
March 29th, 2021 - 12:27 GMT

90% of Jordan Professionals Consider Career Development Very Important

Burgan Bank Rewards Its Customers With a 15% Discount in Partnership With “the Pet Lobby”
March 29th, 2021 - 12:14 GMT

Burgan Bank Rewards Its Customers With a 15% Discount in Partnership With “the Pet Lobby”

KFH Bahrain Relaunches Its Promotional Campaign “1 Year on Us”
March 29th, 2021 - 12:03 GMT

KFH Bahrain Relaunches Its Promotional Campaign “1 Year on Us”

Venezuela Slams Facebook for Suspending Maduro
March 29th, 2021 - 12:00 GMT

Venezuela Slams Facebook for Suspending Maduro

SEHA’s International Pediatric Conference Explores the Best in Pediatric Research and Clinical Practice
March 29th, 2021 - 11:56 GMT

SEHA’s International Pediatric Conference Explores the Best in Pediatric Research and Clinical Practice

How To Prepare for Warmer Months Ahead With LG DUALCOOL
March 29th, 2021 - 11:50 GMT

How To Prepare for Warmer Months Ahead With LG DUALCOOL

flydubai Touches Down in Tirana
March 29th, 2021 - 11:32 GMT

flydubai Touches Down in Tirana

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