DMR News

Advancing Digital Conversations

Business

  • Home
  • Google Changes How It Names Hacking Groups to Simplify Threat Tracking

Google Changes How It Names Hacking Groups to Simplify Threat Tracking

Google has introduced a new naming system for hacking groups as the number of cyber threat actors it tracks continues to grow. The company says the system is intended to…

OpenAI Pauses Some Astra Work After Model Reaches Critical Cybersecurity Threshold

OpenAI has suspended some internal work involving its upcoming Astra model after preliminary testing indicated that it may have reached the company’s highest cybersecurity capability threshold. The model showed enough…

Rippling Launches AI Spend Console After AI Costs Reached 40% of R&D Payroll

Rippling has launched a tool that tracks corporate AI spending after discovering its own token costs were on course to equal 40% of its research and development payroll. AI Spend…

Former SpaceX Engineer Plans to Sell Shares After IPO Creates Thousands of Millionaires

A former SpaceX engineer plans to gradually sell shares now worth about $23 million after the rocket and satellite company’s June stock market listing significantly increased the value of equity…

RWE Drops US Offshore Wind Projects After $1.22 Billion Settlement

German energy company RWE will abandon its US offshore wind projects after agreeing to a $1.22 billion settlement with the Department of the Interior. The company will relinquish leases off…

Why Tech Investors Wanted a Stake in the FIFA World Cup

FIFA has abandoned a plan to bring private investors into a new commercial company controlling parts of the World Cup business after strong opposition from major football confederations. The proposed…

MySpace Owners Plan Relaunch as Users Look Back on Early Social Media

MySpace could be preparing for another comeback more than two decades after becoming one of the internet’s first dominant social networks. Current owners Tim and Chris Vanderhook have said they…

Thames Water Pays CFO £1 Million Signing Fee as Debt Crisis Deepens

Thames Water paid chief financial officer Steve Buck a £1 million signing-on fee at the end of July, even as the utility struggles with more than £20 billion of debt…

Hadrian Raises $1.37 Billion at $7.87 Billion Valuation to Expand Automated Factories

Hadrian has raised $1.37 billion in Series D financing at a $7.87 billion valuation to expand its network of highly automated U.S. factories. The defense manufacturing company plans to use…

Canadian Hacker Pleads Guilty in Snowflake-Linked Attacks on 165 Companies

Canadian hacker Connor Riley Moucka has pleaded guilty to a cybercrime campaign that compromised more than 165 organizations, stole billions of records and generated millions of dollars through extortion and…

TikTok Cuts 250 Jobs and Plans to Close Nashville Office

TikTok is laying off 250 employees and closing its Nashville office, which housed some members of its U.S. content-moderation operation. The office will close on October 5 as the company…

Suno Adds Audio Watermarking and New Rules to Curb AI Music Abuse

Suno is introducing audio watermarking, fingerprinting and tighter download controls as it tries to make AI-generated songs easier to identify and harder to mass distribute across streaming services. The company…

Ford Names Its Sub-$30,000 Electric Truck Fathom

Ford has named its upcoming midsize electric pickup Fathom and confirmed a starting price of $28,350 before destination charges. The truck will be the first vehicle built on Ford’s new…

Mirendil Signs $100 Million-Plus Google Cloud Deal for Self-Improving AI

Mirendil has signed a multiyear cloud agreement worth more than $100 million with Google Cloud to support its work on self-improving AI systems. The deal gives the startup access to…

Bumble Tests Swipe-Free Dating as Plans Pushes Users Toward IRL Meetups

Bumble is developing a new interaction model that could eventually replace swiping as the dating company puts more emphasis on real-world meetings and smaller group gatherings. CEO Whitney Wolfe Herd…

Nikita Bier Steps Down as X Head of Product After One YearNikita Bier Steps Down as X Head of Product After One YearNikita Bier Steps Down as X Head of Product After One Year

Nikita Bier has stepped down as head of product at X after a little more than a year in the role. Bier said he will continue advising the company but…

Former Uber Finance Chief Gautam Gupta Joins Travis Kalanick’s Atoms as CFO

Gautam Gupta, Uber’s former head of finance, has joined Travis Kalanick’s robotics and industrial AI company Atoms as chief financial officer. The appointment comes two weeks after Atoms raised $1.7…

OpenAI and Statsig Reach $3.2 Million DOJ Settlement Over Hiring Practices

OpenAI and Statsig have agreed to a $3.2 million settlement with the U.S. Department of Justice over allegations that their recruitment practices unfairly restricted U.S. workers from jobs connected to…

Moove Raises $250 Million to Expand Autonomous Vehicle Fleet Operations

Moove has raised $250 million in Series C funding at a $2.1 billion valuation as it expands from vehicle financing and ride-hailing into autonomous vehicle fleet operations. Mubadala Investment Company…

Lightspeed Expands Media Strategy With Investor and Creator Claire Zau

Lightspeed Venture Partners is expanding its media operations by combining venture investing with social content, podcasts and direct distribution. The firm hired investor and tech creator Claire Zau earlier this…