Tag Archives: SEC

The US Securities and Exchange Commission (SEC) has fined Nvidia $5.5 million USD over claims that the company hid how many of its gaming graphics cards were sold to cryptocurrency miners. The SEC says that Nvidia misled investors by reporting revenue as "gaming" revenue, when in fact that money was coming from crypto-related sales. 

Microsoft's acquisition of Activision Blizzard was already complicated. Not only is it the largest merger in gaming history, but the latter company is also dealing with a number of lawsuits. Now, another legal battle has been added to the pile, with the US Justice Department investigating potential insider trading connected …

Elon Musk responds to the SEC’s allegations, explaining that he has followed Tesla’s guidelines and is therefore not in breach of his agreement.

Although Elon Musk managed to finally release Tesla’s $35,000 model, the CEO is having a particularly bad year so far. The Security and Exchange Commission (SEC) has filed a grievance against Musk for breaching his settlement agreement by tweeting about the company without authorisation, and now the Pentagon is reviewing …

In November, Tesla replaced Chairman Elon Musk with Robyn Denholm as per an agreement with the US Securities and Exchange Commission (SEC). Continuing to comply with the SEC’s requirements, Tesla has appointed two more board members at the end of last week; however their close relationship with Musk has raised …

Earlier this week, the US Securities and Exchange Commission (SEC) imposed a series of punishments against Elon Musk for false tweets that boosted Tesla stock. Instead of counting his lucky stars that the penalty only includes as personal $20 million fine and stepping down as the company chairman, Musk has …

Over the weekend, the US Securities and Exchange Commission (SEC) fined Tesla CEO Elon Musk $40 million split between both himself and the company, based on allegations of fraud causing significant disruption in the stock market. Both have agreed to settle these terms without confirming or denying the allegations, leaving …

Over the last few years, Yahoo has suffered two major hacks affecting millions of its users. However, in both cases, the company kept quiet on the security breaches, all the while compromising the security of its users. Now, it looks like Yahoo may be held accountable for that as the …

Samsung Electronics has announced that it has started mass production of 8Gb LPDDR4 memory chips for next-generation smartphones based on advanced application processors. The new handsets will feature displays with ultra-high-definition resolutions as well as new-generation system-on-chips, such as Qualcomm Snapdragon 810. At present Samsung manufactures 8Gb and 6Gb LPDDR4 …

With its Q4 Earning Call scheduled for 10:30pm tomorrow night, there is a lot of speculation about what AMD might be announcing in terms of revenue, profit and outlook. KitGuru puts its ear to the ground and listens for the strongest rumblings. In the run up to an earnings call, …