SEC Fines Nvidia $5.5 Million for Failing to Disclose Crypto Mining Significantly Boosted Its Revenue
The U.S. Securities and Exchange Commission (SEC) has charged Nvidia Corp. for failing to disclose that crypto mining significantly boosted its revenue. The company agreed to a cease-and-desist order and to pay a $5.5 million penalty. Nvidia Failed to Disclose That Crypto Mining Was a Significant Element of Its Material Revenue Growth The U.S. Securities and Exchange Commission (SEC) announced settled charges against technology...
Google Forms Web3 Team — Sees Tremendous Potential, Demand for Crypto Tech Support
Google is establishing a Web3 team within its cloud unit, noting that “it is a market that is already demonstrating tremendous potential.” A Google executive explained: “We’re providing technologies for companies to use and take advantage of the distributed nature of Web3 in their current businesses and enterprises.” Google Creating Web3 Team Within Cloud Unit Google’s cloud unit is creating a team to build services for developers who...
Pirate Site Blocking is Making its Way Into Free Trade Agreements
Over the years, copyright holders have tried a multitude of measures to curb online piracy, with varying levels of success. Site blocking has emerged as one of the preferred solutions. While blocking measures are not bulletproof, the general idea is that they pose a large enough hurdle for casual pirates to choose legal options instead. The blocking approach was still relatively controversial at the start of the last decade but it’s...
IPTV Pirate Agrees to Pay Well Over Half a Billion Dollars in Damages
In the final season of Breaking Bad, Walt and Skyler White are seen gazing at a huge quantity of banded banknotes representing some of the unlaundered profits of a drug empire. Neither really knew how much was there. Show creator Vince Gilligan later guessed at perhaps $80 or $95 million, give or take. Small change for Elon Musk perhaps but to most other people, it’s an astronomical amount of money. In the case of a man from Canada,...
How open source leads the way for sustainable technology
How open source leads the way for sustainable technology Hannah Smith Sun, 05/08/2022 – 03:00 Register or Login to like Register or Login to like There’s a palpable change in the air regarding sustainability and environmental issues. Concern for the condition of the planet and efforts to do something about it have gone mainstream. To take one example, look at climate-based venture capitalism. The Climate Tech Venture...
