Month: May 2022

Enlarge (credit: Aurich Lawson / Duncan Hull / Getty)

Elon Musk’s $44 billion purchase of Twitter could face a probe into potential national security risks posed by Musk’s foreign investors, according to a Reuters report on Friday. The foreign investment could invite “the kind of regulatory scrutiny over US national security that social media peer TikTok faced,” the report said.

Musk’s investors include Qatar’s sovereign wealth fund and Saudi Arabia’s Prince Al Waleed bin Talal al Saud. The Saudi Kingdom Holding Company already owns 5.2 percent of Twitter stock and plans to roll that $1.9 billion stake into Musk’s privatized Twitter. The Qatar investment is for $375 million.

Musk also has a $500 million investment from Binance, a major cryptocurrency exchange that has faced its own government scrutiny. Binance was founded in China in 2017 but quickly left the country when China’s government restricted cryptocurrency trading; it now operates without an official headquarters. Binance’s founder is Changpeng Zhao, who was born in China but reportedly moved to Canada with his family when he was 12 years old.

Enlarge / Boxes of Johnson & Johnson’s Janssen COVID-19 vaccine at a vaccination site in Florida. (credit: Getty | Paul Hennessy)

The US Food and Drug Administration limited the use of the Johnson & Johnson (Janssen) COVID-19 vaccine late Thursday, citing the risk of a very rare but severe clotting disorder called thrombosis with thrombocytopenia syndrome (TTS).

From now on, the J&J vaccine is only to be used in people ages 18 and up who are unable or unwilling to receive an alternative COVID-19 vaccine. That includes people who have had a life-threatening allergic reaction (anaphylaxis) to an mRNA COVID-19 vaccine, people who have personal concerns about mRNA COVID-19 vaccines and would otherwise not get vaccinated, and people who don’t have access to mRNA COVID-19 vaccines.

The limitation comes as the FDA and the Centers for Disease Control and Prevention have been closely monitoring people who received J&J COVID-19 vaccinations for TTS. To date, the agencies have identified and confirmed 60 cases of TTS linked to the vaccine, including nine deaths. That represents a rate of 3.23 TTS cases per million doses of J&J vaccine administered, and a rate of 0.48 TTS deaths per million doses of vaccine administered, the FDA said Thursday.

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Nvidia has agreed to pay $5.5 million in fines to the United States Securities and Exchange Commission 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 (slowly ebbing) crypto-driven GPU shortage. Rather, they deal with a similar but smaller crypto-driven bump in GPU sales back in 2017.

The agency’s full order (PDF) goes into more detail. During its 2018 fiscal year, Nvidia reported increases in its GPU sales but did not disclose that those sales were being driven by cryptocurrency miners. The SEC alleges that Nvidia knew these sales were being driven by the relatively volatile cryptocurrency market and that Nvidia didn’t disclose that information to investors, misleading them about the company’s prospects for future growth.

Enlarge / Amazon’s new purchase explainer and the “learn more” link.

Following up on its earlier move to pull Audible audiobook purchases from its Play Store app, Amazon is also turning off Kindle digital book purchases on Android. The Google Play purchasing crackdown is to blame, of course. Starting on June 1, Google will require all Play Store apps to use Google Play billing for digital purchases or face removal from the marketplace. Google Play billing technically has been in the rules for a while, but Google is ending a hands-off enforcement policy that effectively allowed companies to run their own billing systems.

When you visit the Amazon app, you can still buy physical books, but digital purchases now show a “Why can’t I buy on the app?” link instead of a purchase button. Amazon’s link shows a popup that says, “To remain in compliance with the Google Play Store policies, you will no longer be able to buy new content from the app. You can build a reading list on the app and buy on [the] Amazon website from your browser.”

Amazon Music purchases have also been shut down on the Google Play app. The move brings Amazon’s Google Play app in line with the iOS app, which also doesn’t allow digital purchases. On Android, Amazon is pushing users to the website, where they can still buy digital content or sign up for an unlimited subscription, which avoids the Play Store purchase lockdown.

Enlarge (credit: Aurich Lawson / Getty)

It’s looking increasingly likely that Wi-Fi 7 will be an option next year. This week, Qualcomm joined the list of chipmakers detailing Wi-Fi 7 products they expect to be available to homes and businesses soon.

The Wi-Fi Alliance, which makes Wi-Fi standards and includes Qualcomm as a member, has said that Wi-Fi 7 will offer a max throughput of “at least 30Gbps,” and on Wednesday, Qualcomm said its Network Pro Series Gen 3 platform will support “up to 33Gbps.” These are theoretical speeds that you likely won’t reach in your home, and you’ll need a premium broadband connection and Wi-Fi 7 devices, which don’t exist yet. Still, the speeds represent an impressive jump from Wi-Fi 6 and 6E’s 9.6Gbps.

The next-gen tech is aimed at network-intensive applications, like virtual and augmented reality, video streaming at 4K and higher, and cloud computing and gaming. By making changes to the physical (PHY) layer and medium access control (MAC), Wi-Fi 7 should allow you to enjoy these applications with less latency and jitter.