Disclose the effects of cryptocurrency mining
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Disclose the effects of cryptocurrency mining NVIDIA Corporation (NVDA), a manufacturer of graphics processing units, has agreed to pay $5.5 million to resolve charges brought by the Securities and Exchange Commission (SEC), which alleged that the company misled investors by concealing the high demand for its products from cryptocurrency miners. Verifying transactions on decentralized blockchain ledgers is known as “crypto mining,” which yields rewards in bitcoin. In a settlement agreement

EU Antitrust Action Against Apple
Apple pay

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EU Antitrust Action Against Apple there will be “less innovation and fewer choices for customers” due to the “exclusionary impact.” The European Union (EU) is increasing its antitrust examination of Apple Inc. (AAPL), with the digital wallet Apple Pay being a particular focus. As far as European authorities are concerned, Apple is stifling competition by denying its devices’ hardware and software access to competitors developing mobile wallet apps. Margrethe Vestager,

U.K. to Take Action Against Big Tech Giants
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U.K. to Take Action Against Big Tech Giants the new Digital Markets Unit (DMU) uses hefty penalties to crack down on “predatory behavior.” To combat what it calls the “predatory activities” of large technology companies, the United Kingdom plans to establish a new Digital Markets Unit (DMU), which will provide significant regulatory hurdles for the Google division of Alphabet Inc. (GOOGL, GOOG). If they violate the rules, Alphabet and other

Improvements to Amazon's Web Services (AWS) Are Being Introduced.
Web services

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Improvements to Amazon’s Web Services developed to aid consumers in being more flexible and innovative at a lesser price. Amazon.com, Inc. (AMZN) has released updates to its Amazon Web Services (AWS) cloud computing product that aims to make the service more accessible and useful to a broader audience. In 2022, AWS plans to focus on helping a wide range of businesses and organizations, from startups to multinational corporations and government

April deliveries were down for Boeing
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April deliveries were down for Boeing As supply chain delays and labor concerns persist, Boeing (B.A.) said on Tuesday, May 11, that it’s April aircraft deliveries were lower than the previous month. Boeing delivered just 35 commercial planes in April, compared to 41 in March. So far this year, the business has delivered fewer aircraft than its French competitor Airbus. Due to supply chain interruptions and labor issues, aircraft manufacturers

Dozen companies that will reimburse their employees
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Dozen companies that will reimburse their employees Following the release of a draught judgment by the Supreme Court that might overturn Roe v. Wade, at least 13 businesses made public statements promising to cover the costs of abortion-related travel and other, less urgent medical bills. With 31 states having passed abortion restrictions this year, the Guttmacher Institute predicts that more businesses will follow suit. In a nation where a recent

Vehicle Recalls in the U.S.
Tesla vehicle

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Vehicle Recalls in the U.S. due to an issue with the infotainment systems, Tesla, Inc. (TSLA) is recalling 129,960 cars in the United States. Vehicles manufacture in 2021 and 2022 of the Models S and Model X are being recall, along with 2022 models of Models 3 and Y. The infotainment system in a Tesla may be use to play music, get directions, adjust the temperature, activate the rearview camera,

Launch of New Google Products
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Launch of New Google Products at Google I/O 2022, Alphabet (GOOGL) unveiled several new products and services. At the Google I/O 2022 conference, held on May 11-12, 2022, Alphabet Inc. (GOOGL, GOOG) revealed a slew of brand-new products and services. The new Pixel 6A smartphone, Pixel earbuds, Android 13 operating system, and an improved Google Wallet were among the most-anticipated announcements. As 2022 progresses, we may expect to see the

The Pfizer (PFE) Vaccine
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The Pfizer (PFE) Vaccine contrary to rumors circulating online, Pfizer Inc. (PFE), a global biotechnology and pharmaceutical corporation, have not said that their COVID-19 vaccination is dangerous for pregnant or nursing women. Pfizer’s successful COVID-19 vaccination has led to a dramatic increase in quarterly income. More than half of Pfizer’s quarterly revenue in Q1 FY 2022 came from vaccine sales, which was developed in collaboration with the German biotech business

The cruise line Carnival is making
Web services

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Carnival Corporation (CCL) and other major cruise companies were severely impacted by the COVID-19 outbreak, which resulted in widespread shutdowns. Carnival Cruise Line, meanwhile, has made a concerted effort in recent weeks to restart its ships and even extend operations. It is the first major American cruise line to return all ships to passenger service. Still, whether visitor demand will increase to pre-pandemic levels is an open issue. Carnival declared