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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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Airbus to Avoid Compulsory Layoffs but Can't Guarantee it Won't Happen
September 23rd, 2020 - 06:05 GMT

Airbus to Avoid Compulsory Layoffs but Can't Guarantee it Won't Happen

Is There a Real Value In Using Loyalty Programs in UAE?
September 22nd, 2020 - 03:00 GMT

Is There a Real Value In Using Loyalty Programs in UAE?

Airbus to Create Zero-Emission, Hydrogen-Powered Planes
September 22nd, 2020 - 01:30 GMT

Airbus to Create Zero-Emission, Hydrogen-Powered Planes

Iran Refurbishes Boeing 747 As it Seeks to Avoid US Sanctions
September 22nd, 2020 - 01:00 GMT

Iran Refurbishes Boeing 747 As it Seeks to Avoid US Sanctions

US Grants Intel Licenses to Continue Supplying Products to Huawei
September 22nd, 2020 - 12:30 GMT

US Grants Intel Licenses to Continue Supplying Products to Huawei

Huawei Appoints Li Shi as New President for Cloud and AI in Mideast
September 22nd, 2020 - 12:00 GMT

Huawei Appoints Li Shi as New President for Cloud and AI in Mideast

Lufthansa Announces 15 New Summer Routes in 2021
September 22nd, 2020 - 11:30 GMT

Lufthansa Announces 15 New Summer Routes in 2021

Office Space Demand to Drop 20 Percent
September 22nd, 2020 - 11:00 GMT

Office Space Demand to Drop 20 Percent

Oman: Oil and Gas Sector to Grow 14 Percent by 2027
September 22nd, 2020 - 10:30 GMT

Oman: Oil and Gas Sector to Grow 14 Percent by 2027

Sudan, Israel to Discuss Normalisation Deal
September 22nd, 2020 - 10:00 GMT

Sudan, Israel to Discuss Normalisation Deal

US: $900 Billion a Year Required to Stabilize Post-Pandemic Debt
September 22nd, 2020 - 09:30 GMT

US: $900 Billion a Year Required to Stabilize Post-Pandemic Debt

Turkey: Startup Creates App to Save Food Waste and Money
September 22nd, 2020 - 09:30 GMT

Turkey: Startup Creates App to Save Food Waste and Money

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