DMR News

Advancing Digital Conversations

Business

  • Home
  • Nvidia CEO Jensen Huang Receives First Salary Raise in Ten Years

Nvidia CEO Jensen Huang Receives First Salary Raise in Ten Years

Nvidia’s CEO, Jensen Huang, recently announced his big pay increase. This will be the first bump in his base salary for 10 years. The firm recently disclosed that Huang’s base…

Apple to Change iPhone Launch Schedule Starting in 2026, Report Claims

Every year, in the first half of September, we expect to see new iPhones. Apart from the occasional out-of-schedule release of a budget model — such as the iPhone 16e…

Amazon CEO Jassy Expresses Optimism Despite Tariff Uncertainty

Amazon CEO Andy Jassy reassured investors on the company’s first-quarter earnings call on Thursday, expressing optimism that the retail giant could emerge from the current tariff environment stronger than before.…

McDonald’s Sales Drop as Consumers Struggle with Uncertainty

After recently experiencing its biggest decline in U.S. sales since the peak of the COVID-19 pandemic, this worrisome trend is causing plenty of heartburn to both investors and financial analysts.…

Microsoft Adjusts Xbox Pricing Amid Market Conditions

Microsoft has announced a significant price increase for its Xbox video game consoles and major game titles due to challenging market conditions. The price hike comes as the company seeks…

Meta Warns European Users of ‘Worse’ Experience Due to Regulatory Changes

Meta Platforms Inc. has received a significant warning regarding its business practices in Europe, following a recent decision by the European Commission. In short, the tech giant needs to adhere…

Tesla Rejects Claims of Plans to Replace Elon Musk as CEO

Tesla Inc. lost billions in sales and profits in the first quarter of this year. This drop has raised many investors’ eyebrows as worries over Starbucks’ future growth have recently…

WhatsApp surpasses 3 billion monthly users

WhatsApp now has over 3 billion active users each month, Meta CEO Mark Zuckerberg announced during the company’s Q1 earnings call on Wednesday. The messaging app, founded in 2009 and…

Tesla rejects claims of contacting headhunters to replace Musk

Tesla has denied reports suggesting it contacted recruitment firms to begin searching for a replacement for Elon Musk as CEO. On Wednesday, the Wall Street Journal claimed that the electric…

World teams up with Tinder and Visa to expand its ID-verifying technology

World, the biometric ID company best known for its eyeball-scanning Orb devices, announced on Wednesday several key partnerships aimed at expanding its reach and demonstrating the versatility of its identity…

Epic Games wins big in legal battle with Apple

Fortnite may finally be returning to the U.S. iOS app store after a long absence as soon as next week. This marks yet another ruling in the deepening saga of…

Meta reports decline in digital ad spend from Chinese retailers

Meta Platforms, Inc.’s increasingly painful advertising spend retreat from the likes of major Chinese e-commerce competitors such as Temu and Shein. Combined, these companies make up the majority of Meta’s…

Google Play Experiences 47% Drop in Apps Since Start of Last Year

At the same time, the Google Play Store has experienced a catastrophic loss in available apps. Since the start of 2022, the number of apps has dropped off by an…

Amazon Scraps Plans to Display Tariff Costs After White House Pushback

Amazon announced on Tuesday that it had considered displaying import charges on items sold through its Haul platform but decided against it after backlash. Haul, Amazon’s answer to discount retailers…

Amazon Won’t Break Out Tariff Costs Online as White House Criticizes Potential Move

Tariffs have become a household topic in today’s economic environment, with great effect on U.S. consumers and businesses. Global trade rules are shifting, and platforms like Temu and Shein are…

Adidas Says U.S. Tariffs Will Push Product Prices Higher

U.S. President Donald Trump’s Section 301 tariffs will lead to price increases on every product we sell in the United States. The company, which recently overcame challenges stemming from its…

Nike Hit With Lawsuit Over NFT ‘Digital Shoes’ Being Called Unregistered Securities

The NFT market, that hot new thing that catapulted into an over $40 billion industry, has since tanked. The crypto winter has led to several class-action lawsuits against big players…

PayPal’s Earnings Reports Begin with Growing Concerns Over Trump Tariffs and Consumer Behavior

PayPal, Block, and Affirm are all closely tied to the health of the consumer, which has investors on edge as they head into their earnings reports. Markets broadly have been…

Chinese Factories Shift Focus and Explore New Markets Amid Rising U.S. Tariffs

Chinese producers are responding to an increasingly difficult economic environment as U.S. tariffs continue to increase. Firms such as Woodswool had traditionally depended a lot on exporting to the USA.…

DoorDash Pushes to Dismiss Uber Lawsuit

DoorDash, the Silicon Valley based food delivery giant, has been in the news lately with its $3.6 billion takeover offer for Deliveroo. This recent action comes on the heels of…