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  1. cageymaru

    Activision Blizzard Layoffs May Cause Key Talent to Leave

    Activision Blizzard said the recently announced layoffs at the company may have a negative impact on its business. On page 12 of its SEC filing, the company warned investors that the job cuts may not have the desired effect of saving the company money as "there can be no assurance that our...
  2. cageymaru

    Foreign Nationals Charged with Hacking the SEC to Steal Financial Statements

    Two Ukrainians; Artem Radchenko and Oleksandr Ieremenko have been charged with hacking into the Securities and Exchange Commission's (SEC) Electronic Data Gathering, Analysis and Retrieval (EDGAR) system. The cyber-criminals accessed the network and stole thousands of files containing...
  3. cageymaru

    Tesla Adds Two Independent Directors to Its Board of Directors

    Tesla has added two new independent directors to its Board of Directors. Larry Ellison and Kathleen Wilson-Thompson joined the Tesla Board of Directors on December 27, 2018 to meet compliance with the terms of a Securities and Exchange Commission (SEC) settlement. Elon Musk had drawn the ire of...
  4. cageymaru

    Plantronics Reaches $36 Million Settlement with SEC

    Plantronics has agreed to a $36 million settlement with the U.S. Securities and Exchange Commission (SEC) involving its new $2 billion acquisition; Polycom. From 2006 until 2014, corrupt Polycom China executives provided significant discounts to Polycom's distributors and/or resellers, while...
  5. cageymaru

    Celebrities to Pay Heavy Fines for Promoting ICOs Without Disclosing Payments

    The Securities and Exchange Commission has settled charges against boxer Floyd Mayweather Jr. and music producer Khaled Khaled, known as DJ Khaled, for failing to disclose payments they received for promoting investments in Initial Coin Offerings (ICOs). Floyd Mayweather Jr. received $100,000...
  6. cageymaru

    U.S. Judge Approves Tesla Settlement with SEC

    A U.S. judge approved the settlement between Elon Musk, Tesla and the SEC. The settlement means that Elon Musk will lose his position as chairman at the electric car company for 3 years. He has to pay a $20 million fine and has agreed to have his communications controlled by a board committee...
  7. cageymaru

    SEC Charges Tesla CEO Elon Musk with Fraud for Irresponsible Social Media Posts

    Social media darling and Tesla CEO Elon Musk has been charged with fraud by the Securities and Exchange Commission (SEC) for a series of tweets in which he announced "Am considering taking Tesla private at $420. Funding secured." He later said that he was in talks with the Saudis to fund a bid...
  8. cageymaru

    Wells Fargo Blames Computer Glitch as Reason It Foreclosed on Hundreds of Homes

    Wells Fargo is in hot water again with the government and this time it blames faulty software code for foreclosing on hundreds of homes. 625 accounts that should have been allowed mortgage modifications were denied and in 400 cases customers were foreclosed upon. This fine may seem hefty at $8...
  9. DooKey

    Ex-Tesla Worker Makes it Official and Blows the Whistle to SEC

    Fired Tesla employee Martin Tripp has filed a whistleblower complaint with the SEC alleging Tesla misled investors and put its customers at risk. If you recall, Martin Tripp was fired from Tesla for stealing confidential and trade secret information and then sued by Tesla. Is he being vindictive...
  10. DooKey

    SEC Official Declares Ethereum is not a Security

    In an interesting move yesterday an official from the Securities and Exchange Commission declared that Ethereum is not a security. This is just one official stating this, but if the SEC sticks to this position it might mean less regulation of Ethereum in the future and may help this...
  11. R

    Yahoo! Charged By SEC, Agrees to Pay $35 Million

    Following the 2014 data breach that left some 500 million users affected, the company formerly known as Yahoo has agreed to pay a $35 million penalty to settle charges that it misled investors for failing to disclose the breach. The Securities and Exchange Commission states that Yahoo's security...
  12. R

    Bitcoin Price Dives After SEC Says Crypto Platforms Must Be Registered

    Bitcoin fell up to 13% today down to $9,416 after the U.S Securities and Exchange Commission reiterated that online trading assets must register with the agency as exchanges according to a report from Bloomberg. Instead of registering with the SEC, some of the largest trading platforms like...
  13. DooKey

    SEC Possibly Looking Into Several ICOs

    According to the Wall Street Journal the SEC has issued subpoenas and information requests to several companies that have issued an Initial Coin Offering (ICO) recently. This does jive with the warning from the SEC Chairman back in December that ICO's may be violating securities. Whether or...
  14. DooKey

    SEC Clarifies Guidance Regarding Cybersecurity Risks

    The SEC has issued an interpretive release that further clarifies guidance concerning disclosure of cybersecurity risks. The SEC wants companies to put policies in place that result in timely notification of breaches to the public, and better yet, policies that prevent executives from trading...
  15. R

    U.S. Regulators to Back More Oversight of Virtual Currencies

    U.S markets regulators from the Commodity Futures Trading Commission (CFTC), and the Securities and Exchange Commission (SEC) will be providing testimony to the Senate Banking Committee over the risks virtual currencies pose to investors and the financial system. There is currently no single U.S...
  16. DooKey

    Feds Shut Down Allegedly Fraudulent Cryptocurrency Offering

    The Securities and Exchange Commission (SEC) has taken action for the first time against an initial coin offering utilizing it's new cyber fraud unit. According to the SEC, PlexCoin is nothing but a fraud and the person trying to get ICO money is a "recidivist securities law violator". If the...
  17. DooKey

    SEC Warns Famous Crypto-Currency Backers

    The SEC has issued a warning to celebrities that are using social media networks to encourage the public to purchase stocks and other investments. The commission warned that virtual tokens or coins sold in Initial Coin Offerings may be securities. They state that a failure to disclose...
  18. Z

    Have Basic Questions About SED

    Hello, I have been out of the loop. I have some questions about the SED (Self-encrypting Drive) feature on these newer SSD's, for a home user. 1. If I am upgrading, say cloning a older SSD to newer SSD with SED, can I start using SED right away or would I have to do a fresh install of the OS...
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