Enlarge (credit: Getty Images) Nvidia has agreed to pay $5. 5 million in fines to the United States Securities and Exchange Commission in order to settle charges that it failed to disclose how many of its GPUs were being sold for cryptocurrency mining, the agency announced today . These charges are unrelated to the current […]
Enlarge / It can be tough to run a business when your loading dock is under water. (credit: Getty Images) On Monday, the US Securities and Exchange Commission (SEC) announced new rules about disclosing climate risks for companies listed on US-based stock exchanges. The rules are meant to give investors a clearer sense of how […]
The regulator’s new guidelines could give a slew of startups a leg up in the private markets. Read More
Enlarge / That air compressor can output up to 150 psi. (credit: Rivian) Rivian, the electric vehicle manufacturer, is being sued (PDF) by a shareholder who alleges that the company’s surprise 20 percent price hike tarnished Rivian’s reputation and violated US securities laws. The company made “untrue statements” in its IPO about the pricing of […]
Enlarge / Elon Musk at a press conference at SpaceX’s Starbase facility in Texas on February 10, 2022. (credit: Getty Images | Jim Watson) Tesla CEO Elon Musk today asked a federal judge to terminate a 2018 settlement with the Securities and Exchange Commission, saying he’s tired of the SEC using the consent decree to […]
Enlarge / Tesla CEO Elon Musk speaks to members of the media while departing from federal court in New York on Thursday, April 4, 2019. US District Judge Alison Nathan telegraphed her initial thoughts as the SEC and Elon Musk’s lawyers presented their arguments over whether the Tesla Inc. CEO should be held in contempt for tweets the agency says […]
Neuralink’s communication with the SEC could possibly jeopardize future funding for the startup. Read More
Enlarge / An Apple Store in Cambridge, UK (credit: Martin Pope | Getty Images) The Securities and Exchange Commission has rejected Apple’s petition to block three shareholder proposals from going to a vote at its next annual meeting—a win for activists that signals trouble for other US companies hoping the regulator will allow them to […]
Going public via a blank check company merger is kindred to the traditional IPO, but the rules aren’t the same. Read More
Going public via a blank check company merger is kindred to the traditional IPO, but the rules aren’t the same. Read More