Haha! Wow! A friend I've known since 5th grade made a bunch of different logo variations and I chose that one. Swear neither of us have ever seen / heard of this company. Hilarious (?). I liked it because it reminded me loosely of the N64 logo.
For what it's worth, I prefer your friend's version :)
Probably not malice.
Definitely not. But I should probably pick a new logo! :)
Don't, it looks cool! There are a lot of similar logos around the internet, and you don't do semiconductors...