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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

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

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

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

Businesses Company Says
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Businesses Company Says the multinational corporation has met difficulties by increasing prices and cutting expenses. General Electric Company (GE), a Boston-based industrial giant, said on Thursday, May 12, that amid persistent inflationary and supply chain disruption issues, it expects growth increase across its businesses in the second half of the year. Despite inflation and supply chain issues, GE predicts growth to pick up in the second part of the year.

Facebook's Meta-Platforms
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Facebook’s Meta-Platforms this technology will be tested first with “digital collectibles.” Announcing the use of NFTs for “digital collectibles” on Instagram, Meta Platforms, Inc. (FB) is conducting tests with the tokens on May 10, 2022. Artwork, photographs, movies, songs, and trading cards are all examples of collectibles. In the first round of testing, a select number of American creators and collectors will be allowed to trade and sell NFTs they

he Twitter (TWTR) transaction
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The Twitter (TWTR) transaction who insists he is “still committed” to it despite recent challenges stemming from concerns over bogus accounts. Elon Musk’s (NASDAQ: TSLA) Twitter (NYSE: TWTR) story rolls on. Tesla, Inc. (TSLA) CEO Elon Musk sent Twitter shares plunging on Friday, May 13, when he announced that his $44 billion acquisition of the social media behemoth was “temporarily on pause.” Until it can be verified that spam or

What the Texas Anti-Censorship Law
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What the Texas Anti-Censorship Law If the federal court upholds the statute, tech companies might be exposed to expensive lawsuits. After the U.S. Fifth Circuit Court of Appeals decided on May 11, 2022, that a Texas legislation controlling how social media companies may censor their platforms can go into force, Meta Platforms, Inc. (FB), Alphabet Inc. (GOOGL, GOOG), and Twitter Inc. (TWTR) face increased risks of an expensive lawsuit. While