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US-Israel-Iran Conflict: ① Iran 1. Iran claims to have destroyed two enemy refueling aircraft. 2. Irans Bushehr nuclear power plant attacked three times in 10 days. 3. Iran claims oil exports from Kharg Island are proceeding normally. 4. Iranian military claims to have struck two US "hidden strongholds" in Dubai. 5. Iranian Parliament Speaker: A strong Iranian counterattack will accelerate the collapse of the Israeli regime. 6. This round of US-Israel-Iran conflict has damaged over 90,000 civilian facilities in Iran. 7. Iran claims to have struck foreign terrorist groups and captured several militants. 8. Over 100 cluster bombs dropped by the US and Israel were discovered and destroyed in Irans Fars province. 9. Iranian Revolutionary Guard: A US F-16 fighter jet was hit in southern Fars province, Iran. 10. Iranian President says no preemptive strikes but retaliation is possible; US statements and actions are "contradictory," exacerbating distrust within Iran. 11. 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The Israeli military detected a new round of missile launches from Iran towards Israel. 3. Houthi drones attacked southern Israel. 4. Israeli media: Houthi rebels join the war, launching missiles at Israel. 5. Israeli military deploys over 50 warplanes to strike Iranian nuclear facilities and weapons bases. 6. Israeli military claims attacks on weapons research and production facilities, including the headquarters of Irans Maritime Industry Organization. 7. Israeli military claims Hezbollah launched approximately 250 rockets in the past day. 8. Israeli military claims at least 800 Hezbollah militants killed. 9. US media: Continued Iranian attacks have strained interceptor stockpiles, leading Israel to reduce the use of advanced missile interceptors. 10. Yemens Houthi rebels claim to have launched a second round of missile and drone attacks on Israel on Saturday. 11. An Israeli military spokesperson stated that the Houthi rebels in Yemen launched missiles at Israel, joining the war with Iran, and Israel will respond. ④Other 1. Salara port in Oman was attacked by drones. 2. The Yemeni government condemns Iran for dragging it into the regional conflict. 3. Mertz says the US and Israel cannot achieve regime change in Iran. 4. UAE President meets with Zelensky to discuss security situation. 5. Pakistan: Quadrilateral foreign ministers to hold meeting on Middle East situation. 6. UAE Global Aluminium production base damaged in attack. 7. Pakistani Prime Minister speaks with Iranian President for over an hour. 8. Yemens Houthi rebels: fire a missile at Israel as a warning. 9. Sources: Saudi Arabias east-west oil pipeline has a capacity of 7 million barrels per day. 10. Indian Prime Minister: speaks with Saudi Crown Prince to discuss ongoing conflict in the Middle East. 11. Ukrainian Foreign Ministry denies Iranian claims that it destroyed a Ukrainian air defense weapons depot in Dubai. 12. Missile debris falls near Khalifa Economic Zone in Abu Dhabi, UAE, injuring five people. 13. Qatari Ministry of Defense: Qatar was attacked by multiple drones from Iran on Saturday; all drones were intercepted. 14. According to Kuwait News Agency: Kuwaits civil aviation authority reported multiple drone attacks on Kuwait International Airport; no injuries were reported. The drone attack caused "significant" damage to the airports radar system. 15. Bahrain Aluminium said its facilities were attacked by Iran on Saturday, with two people sustaining minor injuries, and it is assessing the damage to its facilities. ⑤ Strait of Hormuz 1. Malaysia said Iran allowed Malaysian tankers to remain in the Strait of Hormuz. 2. Thailand reached an agreement with Iran on the passage of its tankers through the Strait of Hormuz. 3. Pakistan said Iran has agreed to allow 20 more Pakistani ships to pass through the Strait of Hormuz. 4. Two more liquefied petroleum gas tankers bound for India passed through the Strait of Hormuz and left the Persian Gulf. Gaza Situation: 1. Israel Defense Forces: Two senior members of Hezbollahs communications department were killed in an airstrike in Beirut last night. The attack resulted in the deaths of Ayub Hussein Yaqub and Arthur Mohammed Mubarak.Conflict Updates: 1. Russian Ministry of Defense: Air defense forces shot down 155 Ukrainian drones overnight in multiple locations. 2. A Ukrainian Flamingo missile reportedly struck a Promsintez explosives production plant in Russias Samara region. 3. Ukrainian General Staff: Ukrainian forces attacked the Yaroslavl oil refinery in Russias Yaroslavl region. 4. Naftogaz: Russia attacked a gas production facility in Poltava region, resulting in one death. Peace Talks: 1. Zelensky: The US is pressuring Ukraine to withdraw from Donbas. 2. Zelensky: Willing to hold trilateral talks between Ukraine, the US, and Russia anywhere. 3. Putin stated that Russia does not rule out the possibility of reconciliation with European countries. Other Updates: 1. Qatari Ministry of Defense: Ukraine and Qatar signed a defense cooperation agreement. 2. Zelensky stated that Kyiv hopes Middle Eastern countries will provide diesel aid to Ukraine, in which case Ukraine can help them counter Irans Shahed drones. 3. Russia and Turkey discussed ensuring regional energy security. 4. Russia will recruit 135,000 soldiers in the fall of 2025 and has pledged not to send them to special military operation areas.U.S. officials say the Pentagon is preparing for weeks of ground operations in Iran.Officials from the U.S. Department of Homeland Securitys Office of Inspector General are investigating Kara Woolrichs role in the contract signing process with the Federal Emergency Management Agency.Investigators are looking into contractors hired by the Federal Emergency Management Agency (FEMA) during Kristi Noems tenure.

Nvidia Fined $5.5 Million For Inadequate Cryptomining Disclosures

Skylar Shaw

May 07, 2022 09:51


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The US Securities and Exchange Commission (SEC) said on Friday that Nvidia Corporation has agreed to pay $5.5 million to resolve civil claims that it failed to properly disclose the effect of cryptomining on its gaming business.


The SEC claimed in a statement and charging order that Nvidia failed to disclose that cryptomining constituted a "substantial factor" of revenue growth from sales of gaming processors in back-to-back quarters in fiscal 2018.


The company agreed to pay a $5.5 million civil penalty without admitting or denying the SEC's allegations. Nvidia's representative in Santa Clara, California, refused to comment.


According to the SEC, Nvidia's processors became popular for cryptomining in 2018, which is the practice of earning cryptocurrency in return for confirming transactions on distributed ledgers.


According to the regulator, Nvidia was aware of the information but failed to discuss it with investors.


According to the SEC, these omissions misled investors and analysts who were interested in learning more about the effect of cryptomining on Nvidia's business.