DMR News

Advancing Digital Conversations

Tim Cook Says Apple Price Increases Are Unavoidable as Memory Costs Surge

Apple plans to raise prices on some products as AI-driven demand pushes memory and storage chip costs sharply higher. Outgoing CEO Tim Cook said the company had tried to absorb…

Goodwater Capital’s Chi-Hua Chien Says AI Applications Will Capture More Value Than Models

Goodwater Capital co-founder Chi-Hua Chien expects consumer applications, rather than companies selling AI models and infrastructure, to capture most of the long-term value created by artificial intelligence. He also believes…

Former Sequoia Leader Roelof Botha Joins SpaceX Board After Record IPO

SpaceX has appointed former Sequoia Capital managing partner Roelof Botha to its board of directors, less than a week after completing the largest initial public offering on record. Botha will…

Snap Shares Fall After $2,195 Specs Launch Raises Pricing Concerns

Snap shares fell after the company introduced its consumer augmented reality glasses, Specs, at a price of $2,195. The stock dropped more than 5% following the announcement and remained below…

FTC Sues Genesis Tech Over Alleged Subscription Schemes and Hidden Charges

The Federal Trade Commission has sued Genesis Tech and a network of related companies, alleging that they used deceptive subscription practices to charge consumers without clear consent. The agency said…

Critical Energy Raises $19 Million to Build Modular Geothermal Turbines

Critical Energy has raised $19 million in seed funding to develop factory-built turbines for geothermal power plants. The company will use the capital to complete its first 2.5-megawatt commercial project,…

CPP Investments Commits ₹70 Billion to CtrlS Data Center Partnership in India

CPP Investments has committed up to ₹70 billion to Indian data center operator CtrlS, combining a direct equity investment with a new joint venture for hyperscale campuses. The partnership will…

DeepL Acquires Mixhalo to Expand Real-Time Voice Translation at Live Events

DeepL has acquired real-time audio startup Mixhalo to expand its voice translation services into conferences, sports, and other live events. The acquisition will also support DeepL’s US expansion through a…

Uber Plans Premium Lucid Robotaxi Service in Houston for 2027

Uber plans to launch a premium robotaxi service in Houston by mid-2027 through its partnership with electric vehicle maker Lucid and autonomous driving company Nuro. Houston will be the second…

Pinterest Tests Conversational AI Shopping With New Ask Pinterest App

Pinterest has introduced Ask Pinterest, an experimental standalone app that uses conversational AI to provide personalized shopping ideas and recommendations. The limited-access service allows users to submit complex requests in…

Apple’s Hide My Email Domain Change Could Make Private Addresses Easier to Block

Apple will change the domain used for newly generated Hide My Email addresses, making it easier for apps and websites to identify when someone is using an email alias. Later…

Anthropic Overtakes OpenAI in Business AI Adoption Amid Funding and Government Dispute

Anthropic surpassed OpenAI in business adoption during May, according to new spending data from Ramp. The increase came as Anthropic raised $65 billion, filed confidential paperwork for a US initial…

Qualcomm Introduces New Platforms for AI Glasses and Wearable Devices

Qualcomm is expanding its wearable technology business with Snapdragon Reality Elite, a mixed-reality platform designed for stronger on-device AI, and Snapdragon START, a toolkit intended to help manufacturers develop AI…

FIFA Fixes Security Flaw That Exposed World Cup Broadcast Controls

A security researcher discovered a flaw in FIFA systems that reportedly provided access to internal platforms used to manage live World Cup broadcasts. The vulnerability could have allowed an unauthorized…

Google Releases Android 17 and Wear OS 7 With New AI and Multitasking Features

Google has released Android 17 and Wear OS 7, with both operating systems arriving first on eligible Pixel devices. The accompanying June Pixel Drop adds AI-powered video editing, music generation,…

Rivian Cuts Hundreds of Jobs One Week After R2 Deliveries Begin

Rivian is cutting hundreds of jobs one week after beginning deliveries of its R2 electric SUV. The company said the reduction affects less than 2% of its workforce and is…

Mobileye Plans US Robotaxi Service With 17,000-Vehicle Expansion Target

Mobileye plans to launch its own robotaxi service in a major US city in 2027, expanding from an autonomous driving technology supplier into a direct ride-hailing operator. The company expects…

Snap Launches $2,195 Specs Smart Glasses With On-Device AI and AR

Snap has introduced its consumer Specs smart glasses at the Augmented World Expo in Long Beach, California, pricing the standalone augmented reality device at $2,195. Preorders open on June 16…

WordPress VIP Report Finds AI Visibility Is Rising Faster Than Consumer Trust

WordPress VIP says brands are gaining more traffic from AI search platforms, but many consumers remain cautious about AI-generated answers and want clear links to original sources. Its new report…

India Temporarily Blocks Telegram Ahead of NEET Medical Entrance Re-Test

India has temporarily blocked Telegram nationwide until June 22 after authorities said fraud groups were using the messaging platform to target students before a major medical entrance examination. The restriction…