DMR News

Advancing Digital Conversations

Business

  • Home
  • WhatsApp surpasses 3 billion monthly users

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…

Elon Musk’s X Corp. Challenges Minnesota’s Political Deepfake Ban in Court

X Corp., the social media platform owned by Elon Musk, is suing. Their goals include striking down a Minnesota law against using deepfakes to affect election outcomes and injure political…

Yahoo Joins OpenAI in Pursuit of Google Chrome

Yahoo has joined the list of potential buyers for Google Chrome, after ChatGPT maker OpenAI expressed interest earlier this week. The news comes as Google may soon be forced to…

Apple May Relocate All US iPhone Production to India by 2026

Apple Inc. is taking a very high-profile step to alter its manufacturing strategy. They are moving some of their core iPhone production from China to India. This transition is bound…

Musk’s xAI Holdings reportedly seeks second-largest private funding round in history

Elon Musk’s xAI Holdings is reportedly in discussions to raise $20 billion in a new funding round. This unprecedented move would put the company at the center of the creation-tech…

Alphabet predicts slight challenges for ads business in 2025, executives say

Alphabet Inc. blew past Wall Street revenue expectations for the first quarter of 2025. Executives are concerned that the online advertising market may face stiff headwinds. The difficulties largely flow…

AI Data Center Demand Continues to Surge, Amazon and Nvidia Report

Earlier this week, leaders from the technology and energy sectors met in Oklahoma City. Specifically, they set their sights on addressing the rapidly increasing energy requirements fueled by artificial intelligence…

Nissan Executive Warns UK Car Manufacturing Too Expensive

A senior executive from Nissan warned last week that the UK automotive industry’s competitiveness is at risk. Alan Johnson, senior vice president for manufacturing at Nissan ISG Alan Johnson manages…