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
Elon Musk resigns as chairman of the board of Tesla in settlement with SEC
Elon Musk stepped down as chairman of Tesla's board of directors. In addition, he pays a fine of twenty million dollars. This is the settlement that Musk reached with the U.S. market regulator SEC on a previous complaint about the CEO's claims that he could take the car manufacturer off the stock ex... Read more
American watchdog suing Elon Musk for tweet
Elon Musk is being sued by the American stock exchange watchdog. The Securities and Exchange Commission (SEC) has reached this decision in response to messages from Musk on Twitter. There he said he wanted to take Tesla off the scholarship. This had an impact on the share price and it is possible th... Read more
Former Qualys top executive indicted for insider trading
A former CEO of the cloud security agency Qualys has been charged by the US Securities and Exchange Commission (SEC) with insider trading. This is the former COO of the company, Amer Deeba, who tipped his family off about expected financial results.
Deeba gave shares in the company to his two brothe... Read more