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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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Steve Papermaster, Nano's Chairman & CEO.
March 15th, 2021 - 09:21 GMT

Nano Announces Lead Investor Commitment for $90 Million Funding Round

Saudi Arabia Cuts Power Tariff to Boost Cloud Computing
March 15th, 2021 - 09:00 GMT

Saudi Arabia Cuts Power Tariff to Boost Cloud Computing

Schneider Electric Partners With Origin Systems To Deliver Smart Factory Solutions for the Gulf’s Manufacturers
March 15th, 2021 - 08:59 GMT

Schneider Electric Partners With Origin Systems To Deliver Smart Factory Solutions for the Gulf’s Manufacturers

Jazeera Airways Launches Flights To Addis Ababa, Ethiopia
March 15th, 2021 - 08:49 GMT

Jazeera Airways Launches Flights To Addis Ababa, Ethiopia

Pearson Highlights Emerging Trends in the Education Industry To Look Out for in 2021
March 15th, 2021 - 08:08 GMT

Pearson Highlights Emerging Trends in the Education Industry To Look Out for in 2021

Brent Crude Heads Towards $70 As Market Anticipates Saudi Cargoes to Asia
March 15th, 2021 - 08:00 GMT

Brent Crude Heads Towards $70 As Market Anticipates Saudi Cargoes to Asia

Mohamed Al Hashemi of Majid Al Futtaim Named World Economic Forum Young Global Leader
March 15th, 2021 - 07:48 GMT

Mohamed Al Hashemi of Majid Al Futtaim Named World Economic Forum Young Global Leader

Etihad Airways Launches Sale To Morocco  From Dh999 Return in Economy
March 15th, 2021 - 07:43 GMT

Etihad Airways Launches Sale To Morocco From Dh999 Return in Economy

AstraZeneca Insists On Its Vaccine Safety Amid Concerns
March 15th, 2021 - 07:30 GMT

AstraZeneca Insists On Its Vaccine Safety Amid Concerns

Abu Dhabi University Hosts the 8th Annual National Mathematics Competition Virtually With the Participation of More Than 500 Students
March 15th, 2021 - 07:21 GMT

Abu Dhabi University Hosts the 8th Annual National Mathematics Competition Virtually With the Participation of More Than 500 Students

Agility Reports Kd41.6 Million Net Profit for 2020
March 15th, 2021 - 07:10 GMT

Agility Reports Kd41.6 Million Net Profit for 2020

Crypto News Recap: Bitcoin Soars to Record $60K, NFT Mania Hits the Art World
March 15th, 2021 - 07:00 GMT

Crypto News Recap: Bitcoin Soars to Record $60K, NFT Mania Hits the Art World

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