What you may have missed that's new

NVIDIA Pays Fines to Settle Cryptocurrency-Related Misrepresentation Charges

On May 6, the Securities and Exchange Commission (SEC) issued a notice announcing a settlement with NVIDIA in which NVIDIA agreed to pay a $5.5 million penalty for failing to adequately disclose that cryptocurrency mining was boosting its gaming business. The SEC previously found that NVIDIA had failed to disclose that demand for cryptocurrency mining was a significant factor in the significant growth in revenue from GPUs designed and sold for gaming in consecutive quarters in fiscal 2018.

The SEC believes that NVIDIA's failure to disclose in its quarterly statements (Form 10-Q) that these material earnings and cash flow fluctuations were related to "highly volatile" businesses made it impossible for investors to accurately judge the predictive value of past results. In addition, for the company's other businesses, NVIDIA had stated that they were driven by mining demand, but omitted gaming-related businesses; the SEC believes that this selective disclosure had the effect of misleadingly creating the false impression that the gaming business was not driven by mining. source

Musk maps out Twitter growth goals to potential investors

On May 6, the New York Times revealed Musk's plan submitted to potential investors regarding the acquisition of Twitter, including a series of operational plans and financial targets. In Musk's plan, Twitter's annual revenue would rise to $26.4 billion by 2028, an increase of more than 400% compared to 2021; advertising would drop from about 90% of total revenue in 2020 to 45%, with the rest coming from subscription service fees such as Twitter Blue and licensed use of data. Twitter currently has a payments business such as bounty and shopping, but the revenue is negligible, while Musk plans for the payments business revenue to grow to about $1.3 billion in 2028.

(In terms of subscriber numbers, ARPU (average revenue per user) will increase from $24.83 in 2021 to $30.22 in 2028; and the total number of subscribers will grow from 217 million at the end of 2021 to 931 million in 2028, and 159 million of those will be subscribers). In addition, Musk described a subscription service called X, without specifying its content, but scheduled to go live in 2023. In terms of concerns about layoffs, the plan shows that hundreds of people will be laid off first, and more than 3,600 more employees will be hired after that. source

Unhappy with return to office policy, Apple's director of machine learning leaves

On May 8, Ian Goodfellow, Apple's director of machine learning, announced his resignation after three years on the job. According to The Verge reporter Zoe Schiffer revealed, Goodfellow said in an email to his team that he believes "maintaining greater flexibility is the best policy." Goodfellow joined Apple in March 2019 as 'director of machine learning for the special projects team'. Previously, he worked at Google as a senior research scientist.

Under the current policy, Apple requires its employees to return to the office starting April 11, initially for one day a week and then at least three days a week by May 23. Last week, Apple employees had written a joint online letter to CEO Cook opposing this hybrid office policy and calling for greater flexibility. source

Shenzhen launches digital RMB teaching and training prepayment platform

On May 6, Shenzhen Futian District held a "Digital RMB Prepaid Platform Launch and Signing Ceremony for Education and Training Institutions", in which Shenzhen CCB signed a digital RMB cooperation agreement with the first batch of partner education and training institutions. According to the report, after consumers use digital RMB to pay fees on the platform, the prepaid funds will be "frozen" in the digital RMB wallet, and can be written off in different ways, such as the number of classes, through the underlying technology of digital RMB to achieve "one clear, one release" of prepaid funds. If a consumer is unable to perform due to institutional problems, when the consumer applies for a refund of the prepaid amount, the platform can achieve a quick refund of the unwritten amount, which is conducive to protecting the legitimate rights and interests of consumers and the safety of their property. Source

Amazon shuts down Kindle in-app purchase on Android platform

According to Ars Technica, Amazon has been shutting down Kindle in-app purchases on the Android platform due to Google Play's drawback policy. Google requires all apps in the Play Store to use Google Play's billing feature from June 1 or face a downgrade; this will cost developers anywhere from 10-30% in commission fees. This requirement has been in place for some time, but has not been strictly enforced previously, still allowing apps to use their own billing systems. As a result of this, Amazon has previously shut down inbound purchases for Audible audiobook and music apps, allowing users to purchase ebooks, music, and subscription services through its website. source

EVE Online Game Announces Seamless Integration with Excel

On May 7, CCP Games, developer of the space MMO EVE Online, announced a partnership with Microsoft that will "seamlessly integrate" the game with Excel. The joint JavaScript tool will allow players to easily export in-game data to a spreadsheet, allowing them to calculate and view important game data at a glance. Details of the partnership will be announced later this year.

According to the report, data is an important part of the game's gameplay, and many players have long used tools such as Excel and aids to analyze game progress, and this partnership will "provide equal and fair access to data for all, resulting in a better gaming experience. source

Just look at the tidbits of information

• On May 8, 91Mobile revealed Motorola's new folding screen phone, the Maven. according to the report, the model looks closer to the Galaxy Z Flip 3, does away with the Razr's signature 'chin' and has the fingerprint sensor integrated into the power button. According to previous reports, the Maven will be available in two versions, one with a Qualcomm Snapdragon 8 processor and the other with a Snapdragon 8 Plus version. The device will be available in China first in July or August, in Quartz Black and Silent Blue colorways. source

- On May 8, Weibo user "Digital Gossip Station" revealed news about Qualcomm's next-generation processor Snapdragon 8 Gen 1+ (SM8475). The news. The chip is said to be based on TSMC's 4nm process and will still use the 1+3+4 triple-cluster architecture, consisting of a mega-core Cortex X2, a large-core Cortex A710 and a small-core Cortex A510, with a 2.99GHz CPU and a small GPU upgrade for improved power efficiency. Motorola is expected to get the world premiere of the chip again, with the first model likely to be named Motorola edge 30 Ultra.source

• Otters have reportedly been sighted again for the first time in a century in the Detroit River, located on the border between the US and Canada. The witness, Ste Marie, is a marine ecologist who 'spotted something brown and furry' in the water on his walk before work, but clearly not a common local species such as mink or beaver. He and his companion made a dash to catch video of the otter's head emerging from the water. It was analyzed that this may be the favorable result of local river cleanup efforts over the past few decades. source

In an interview, minority employee Otter who eats pie expressed appreciation for human efforts to improve the ecology, but denied rumors that he was the one caught out on a private visit, saying he was too busy competing for favor with the office's newest cat to be in the mood to hang out lately.