Broadcom acquisition of VMware comes under closer EU scrutiny
The European antitrust enforcer "warns" that the deal could restrict market competition.
This week Reuters reported that US chipmaker Broadcom will be hit with an EU antitrust "warning" about the possible anti-competitive effects of its proposed €57 billion bid for VMware.
The chipmaker's a... Read more
Oracle to pay $23M settlement in second SEC foreign bribery case
The US Securities and Exchange Commission (SEC) stated that Oracle is to pay a $23 million settlement after being accused of bribing foreign officials in several different countries.
The regulator said that between 2016 and 2019, Oracle companies in India, Turkey, and the United Arab Emirates se... Read more
Ingram Micro files to go public
Ingram Micro has submitted an initial public offering (IPO) statement to the US Securities and Exchange Commission.
In a press release, Ingram Micro announced that the number and prices of shares have not yet been established. Subject to market conditions and other circumstances, the initial p... Read more
VMware pays multi-million euro fine for misleading investors
VMware struck a deal with market regulator SEC to end a dispute over its financial figures. The SEC accused VMware of 'creatively' accounting for sold licenses.
The deal involves VMware paying a fine of €7.9 million ($8 million) to the US market regulator. In return, the SEC waives further ac... Read more
Nvidia fined €5.2 million for lying about revenue
Cryptominers are a bigger source of revenue than Nvidia cared to admit.
The US Securities and Exchange Commission (SEC) supervises markets in the United States. The SEC enforces several laws, including rules on communications between shareholders and organizations. Organizations must communicate... Read more
Cohesity silently files for an IPO
Data management and storage specialist Cohesity announces a 'confidential' IPO to the SEC. The exact date of the IPO and price per share are unknown at this time.
It's been in the air for some time. Now, Cohesity is taking the first definitive steps toward an IPO. The company recently filed a so... Read more
SEC warns of misconfiguration of NAS, database and cloud storage servers
The US Securities and Exchange Commission (SEC) has issued a security alert, alerting companies to the danger of storing customer information on network storage solutions. For example, on NAS devices, database servers and cloud storage accounts.
The warning was sent out by the Office of Compliance I... Read more
John McAfee flees from the American government
John McAfee informs us that he is currently on the run from the American government. The billionaire tells in a video on Twitter that he has been charged with unspecified tax crimes. In a series of other messages on Twitter, he reports that he has not paid taxes for some time.
McAfee says he hasn't ... Read more
Plantronics closes deal with SEC on acquisition of Polycom
Headset manufacturer Plantronics has signed an agreement with the US stock exchange watchdog SEC regarding possible irregularities in the acquisition of videoconferencing and collaboration specialist Polycom. This was recently announced by the headset manufacturer.
According to the manufacturer, thi... Read more
SEC and founders fraudulent AriseBank reach settlement
The Securities and Exchange Commission today announced to settle with the founders of AriseBank. That company was closed down last January, after raising $600 million during a fraudulent initial coin offering (ICO). So now there is a settlement with the people behind the company and the US market re... Read more