DMR News

Advancing Digital Conversations

Business

  • Home
  • Elon Musk Announces Tesla’s Robotaxi Service Launch in Austin This June

Elon Musk Announces Tesla’s Robotaxi Service Launch in Austin This June

Tesla CEO Elon Musk announced on Wednesday that the company plans to launch a paid robotaxi service in Austin, Texas, using its fleet vehicles in June, continuing his history of…

Threads Increases User Base by 20 Million in Just One Month

Meta’s microblogging service, Threads, continues its rapid growth trajectory, outpacing rivals like X. During Meta’s fourth-quarter earnings presentation, CEO Mark Zuckerberg announced that Threads now boasts 320 million monthly active…

X Partners with Visa to Power Payments on X Money

Elon Musk’s social media platform, X, is taking a big step towards becoming a financial hub. They’ve just announced a partnership with Visa to handle person-to-person payments for their upcoming…

Bill Gates Criticizes Musk for Political Influence in Europe

Microsoft founder Bill Gates weighed in on his fellow billionaire Elon Musk’s international political ambitions, twice calling the Tesla and SpaceX owner’s support for far-right movements abroad “insane.” Gates on…

Meta Offers Creators Deals to Promote Instagram Across Other Video Apps

Meta is offering deals to creators to promote Instagram on other short-form video apps, including TikTok, Snapchat, and YouTube, CNBC has learned. With TikTok currently unavailable for download in the…

Stargate to Power $100B AI Venture with Solar and Batteries

The massive $100 billion Stargate joint venture will reportedly be powered, at least in part, by solar energy and batteries. According to a Bloomberg report, SoftBank-backed SB Energy will build…

French E-Bike Startup Angell Nears Bankruptcy Due to Design Defects

Angell, a French smart electric bike startup, has announced that it is declaring insolvency and seeking judicial liquidation through the courts. In a message to customers, company co-founder and CEO…

Threads Tests Ads in U.S. and Japan for User Feedback

Meta’s Threads, a direct rival to X, announced on Friday that it is now testing ads with select brands in the U.S. and Japan. Instagram head Adam Mosseri emphasized that…

MrBeast’s Potential Role in TikTok U.S. Acquisition Spurs Industry Buzz

MrBeast, the renowned YouTube sensation and entrepreneur, is in the spotlight as he engages in discussions with multiple parties interested in acquiring TikTok’s U.S. operations. Among the potential suitors is…

Tim Noel Takes Helm at UnitedHealth Amidst Tragedy and Turmoil

Tim Noel has been appointed as the new CEO of UnitedHealth, the largest health insurer in the United States, following the tragic death of his predecessor, Brian Thompson. This leadership…

Nvidia Overtakes Apple to Regain Title of Most Valuable Company

Nvidia has reclaimed its position as the world’s most valuable publicly traded company, surpassing Apple in market capitalization on Tuesday. At the close of trading, Nvidia’s market cap reached approximately…

Tesla Announces Global Launch for Redesigned Model Y

Tesla is set to launch its redesigned Model Y SUV globally in March, marking a significant event in the company’s history. The simultaneous launch across major markets, including the U.S.,…

Trump Announces Stargate Project, Microsoft Loses Exclusive Status with OpenAI

In a significant shift in the landscape of artificial intelligence, President Donald Trump unveiled the Stargate Project, a joint venture involving OpenAI, Oracle, and Softbank. This ambitious initiative aims to…

Supermarket Giants Rally Behind Farmers in Inheritance Tax Dispute

Britain’s biggest supermarket chains, including Tesco, Aldi, and Lidl, have united in support of British farmers amidst a contentious dispute with the government over proposed inheritance tax changes outlined in…

Google Strengthens XR Ambitions with $250 Million HTC Acquisition

Google has announced its strategic acquisition of a segment of HTC’s extended reality (XR) business for $250 million. This move marks a significant step in Google’s efforts to enhance its…

Neko Health Secures $260 Million Funding, Eyes Global Expansion

Neko Health, a cutting-edge health technology startup co-founded by Spotify’s Daniel Ek, has successfully raised $260 million in a Series B funding round, which values the company at $1.8 billion…

Meta Secures Temporary Reprieve in India Over WhatsApp Data Sharing Ban

Meta, the parent company of WhatsApp, has won a temporary reprieve in India, a critical market for the tech giant. The National Company Law Appellate Tribunal (NCLAT) has suspended restrictions…

Hindustan Unilever Bolsters Beauty Portfolio with $342M Minimalist Acquisition

Hindustan Unilever announced its agreement to acquire beauty startup Minimalist for approximately $342 million, marking a significant expansion in its premium beauty segment. The deal, set to close in the…

Delaware Judge Sanctions Former Meta COO Sheryl Sandberg Over Alleged Email Deletion

A Delaware judge has sanctioned Sheryl Sandberg, the former Chief Operating Officer and board member of Meta Platforms, for allegedly deleting emails tied to the Cambridge Analytica privacy scandal. This…

Trump Considers Musk or Ellison for TikTok Takeover as U.S. Deadline Looms

Elon Musk and Larry Ellison have emerged as potential buyers for TikTok, as former President Donald Trump expressed openness to their acquisition of the popular social media platform. This development…