DMR News

Advancing Digital Conversations

Americas

  • Home
  • WeWork Rebounds from Bankruptcy, Appoints John Santora as CEO

WeWork Rebounds from Bankruptcy, Appoints John Santora as CEO

WeWork, previously mired in financial distress, successfully exited from Chapter 11 bankruptcy this Tuesday, June 11, bringing in John Santora, a seasoned commercial real estate expert, as its new CEO,…

FDA Clears Abbott’s New Glucose Monitors for Over-the-Counter Sales

Abbott Laboratories has received clearance from the U.S. Food and Drug Administration (FDA) to market two new continuous glucose monitoring (CGM) systems, the Libre Rio and Lingo, available over the…

Apple Surpasses Microsoft in Market Value After Best Three-Day Rally Since 2020

In a significant reshuffling of the ranks on Wall Street, Apple Inc. has reclaimed its title as the world’s most valuable company, surpassing Microsoft Corp. This achievement underscores a surge…

Adobe Boosts Annual Revenue Forecast Amid Strong Software Demand

San Jose, CA – Adobe Inc., the company behind the iconic Photoshop software, has significantly raised its revenue forecast for fiscal 2024, reflecting the increasing demand for its artificial intelligence-powered…

Spotify’s Awaited HiFi Feature May Launch This Year with Extra Charges

Spotify is gearing up to launch its much-anticipated HiFi streaming service by the end of 2024, an offering that promises to enhance the audio quality for its users but at…

Circle Announces Integration with Solana: Programmable Wallets and Gas Stations

Circle’s integration with Solana will be executed in two distinct phases. The initial phase, announced on June 12, focuses on deploying programmable wallets. These wallets are designed to allow developers…

Newgen Unveils LumYn: The World’s First Gen AI Platform Tailored for Banking Personalization

Newgen Software, a global leader in digital transformation solutions, has unveiled its latest innovation: LumYn. This groundbreaking platform harnesses the power of Generative AI to revolutionize the banking industry by…

BeReal Acquired by Voodoo for €500 Million

Voodoo, a prominent publisher of mobile apps and games based in France, has officially acquired the social media company BeReal for a total of €500 million. This acquisition comes at…

Aethir Unveils Decentralized Cloud Compute Network on Ethereum Mainnet

The launch of Aethir’s decentralized cloud network introduces a transformative platform where enterprises, data centers, cloud providers, and cryptocurrency mining operators can contribute their idle GPU resources. This initiative offers…

MetaMask Introduces Pooled Staking for Ethereum Holders

MetaMask, a leading cryptocurrency wallet provider, has launched a new staking service that allows users to pool their funds and stake their assets with enterprise-grade validators managed by Consensys, a…

Crunchbase Expands Diversity Tracking Feature Across Europe to Support Minority Founders

Crunchbase has announced the expansion of its Diversity Spotlight feature to Europe, aimed at enhancing transparency in venture capital funding for minority founders. Initially launched in 2020 and later augmented…

Oracle’s Stock Climbs After Google and OpenAI Deals, Despite Earnings Miss

Oracle Corporation‘s stock surged by as much as 11% in after-hours trading on Tuesday, following the company’s announcement of new cloud partnerships with tech giants Google and OpenAI. This rise…

Enveda Raises $55M to Fuse Ancient Remedies with AI in Drug Discovery

For centuries, people have turned to nature to alleviate pain and treat ailments. One notable example is the use of willow tree bark, chewed by our ancestors to relieve pain…

How Amazon Missed Its Chance to Lead AI with Alexa, According to Former Employees

In September 2023, David Limp, then Amazon‘s head of devices and services, captured the audience’s attention with the simple phrase, “Alexa, let’s chat.” This moment at the tech giant’s second…

Databricks Enhances Mosaic AI to Empower Enterprises in Leveraging Large Language Models (LLMs)

San Francisco, CA – At Databricks’ annual Data + AI Summit, the company announced significant updates to its AI platform, now rebranded as Mosaic AI. This evolution follows Databricks’ $1.3…

Tuttle Capital’s New ETF Targets Congressional Stock Picks

Tuttle Capital Management has filed for a unique exchange-traded fund (ETF) that aims to capitalize on the investment decisions made by members of the United States Congress and their spouses.…

Fisker Initiates First Recall for Ocean SUV Over Warning Light Issues

Fisker has announced its first recall for the all-electric Ocean SUV, triggered by non-compliance with Federal Motor Vehicle Safety Standards concerning the vehicle’s warning lights. The National Highway Traffic Safety…

Crystal Intelligence Report: Crypto Hacks Reach $19 Billion Over 13 Years

The cryptocurrency industry has endured a significant toll over the past 13 years, with 785 reported hacks and exploits leading to nearly $19 billion worth of digital assets being stolen.…

Crypto Market Decline Erases $190 Million in Leveraged Positions Amid CPI Report Anticipation

On June 11, the cryptocurrency market witnessed significant declines, with Bitcoin and Ether leading the downturn. Bitcoin dropped 2.5% from its daily high of $69,547 to a low of $66,018.…

Former SpaceX Engineers File Sexual Harassment Suit Against Elon Musk

Eight former SpaceX engineers have initiated a lawsuit against Elon Musk, alleging that he fostered a hostile work environment through actions that included sexual harassment and retaliatory practices. Filed in…