DMR News
Advancing Digital Conversations
China Proposes Export Curbs on Key Battery and Mineral Technologies
China’s Ministry of Commerce has unveiled a proposal to tighten export restrictions on key technologies for processing critical minerals like lithium and gallium, essential in battery production. The announcement, detailed…
Nick Clegg Steps Down from Meta After Seven Years
Nick Clegg, Meta’s president of global affairs and a prominent voice in shaping the company’s policies, has announced his departure after seven years. Clegg shared the news on X and…
Binance Achieves 21st International Crypto License with Brazilian Authorization
Binance, the world’s foremost cryptocurrency exchange, has obtained its 21st international regulatory approval, this time from Banco Central do Brasil (BCB), the central bank of Brazil. This authorization is a…
Mexico Imposes New Tariffs That Could Affect E-Tailers Like Shein and Temu
Mexico’s new tariff policy is set to shake up the world of online shopping, with platforms like Shein and Temu potentially facing significant hurdles. Starting January 1, goods entering Mexico…
Decline in Crypto Theft: December Sees Lowest Losses of 2024
In the closing month of 2024, the digital asset community witnessed a significant reduction in financial losses due to scams, exploits, and hacks. December registered the lowest amount stolen all…
Kia Recalls 23,000 EV9s After Seat Bolt Error by Assembly Worker
Kia is recalling nearly 23,000 EV9 electric SUVs after discovering that some vehicles may have improperly secured second- and third-row seats. The recall affects 22,883 EV9 models produced at Kia’s…
U.S. Crypto Executives Anticipate Clearer Regulations Under New Administration
With the imminent arrival of a new U.S. presidential administration and Congress, the digital asset industry is abuzz with expectations of potentially more accommodating regulatory frameworks. Key industry leaders are…
WeChat and TikTok Secure Licences to Operate in Malaysia
Malaysia has officially licensed Tencent’s WeChat and ByteDance’s TikTok to operate under a new social media regulation designed to address rising cybercrime. The Malaysian Communications and Multimedia Commission (MCMC) announced…
Terraform Co-founder Do Kwon Pleads Not Guilty in First US Court Appearance After Extradition
Do Kwon, the co-founder of Terraform Labs, appeared before a US magistrate on January 2, 2025, and pleaded not guilty to multiple charges related to the collapse of the Terra…
Market Share Caps for UPI Payments Deferred Until 2026
India’s decision to delay market share caps for unified payments interface (UPI) services will offer a reprieve to dominant players like Google Pay and Walmart-backed PhonePe. Initially scheduled to take…
CNBC Launches CNBC+ Streaming Service with Tiered Pricing and Global Reach
CNBC has unveiled CNBC+, a new subscription-based streaming service offering business news and financial content tailored to its core audience. Priced at $14.99 per month or $99.99 annually, the service…
Drones Fuel Surge in Contraband Deliveries to England and Wales Prisons
England and Wales prisons are grappling with a dramatic rise in drone incursions, as new figures reveal a tenfold increase in incidents since 2020. A Freedom of Information request by…
Apple Discounts iPhones in China as Competition Heats Up
Apple has announced discounts of up to 500 yuan ($68.50) on its iPhone models in China, marking a rare move to maintain its foothold in the world’s largest smartphone market.…
Trump and Republicans Incorrectly Attribute New Orleans Incident to Immigration Issues
President-elect Donald Trump and certain Congressional Republicans have incorrectly linked President Joe Biden’s immigration policies to a recent tragic attack in New Orleans, despite the perpetrator being a U.S. citizen.…
US Soldier Arrested for Allegedly Selling Stolen Phone Records in Hacking Case
Federal authorities have charged Cameron John Wagenius, a U.S. Army soldier, with selling stolen confidential phone records, linking him to a broader hacking operation that involved high-profile breaches. Arrested on…
US Sanctions Iran and Russia for Election Interference with AI Disinformation
The United States has sanctioned Iranian and Russian groups for attempting to interfere in the 2024 elections using disinformation campaigns powered by artificial intelligence. Announced Tuesday by the Treasury and…
Singapore’s Strategic Moves Position It as Asia’s Next Major Cryptocurrency Hub
Singapore‘s burgeoning status as a pivotal center for Web3 and cryptocurrency firms is set to solidify, bolstered by a regulatory environment that favors innovation. In 2024, the Monetary Authority of…
Chinese EV Maker Xpeng Targets 6,000 New Hires in 2025
Xpeng, the Chinese electric vehicle manufacturer, is gearing up to hire over 6,000 new workers in 2025. This ambitious expansion comes as the company braces for heightened competition in the…
Persistent Illegal Crypto Advertising Challenges UK Regulatory Efforts
Despite intensified efforts by the UK’s Financial Conduct Authority (FCA) to regulate the digital asset space, illegal cryptocurrency advertisements continue to pervade the United Kingdom. The Financial Times reported that…
Chinese Tech Rivalry Grows as Alibaba Slashes AI Model Prices
Alibaba announced significant price reductions of up to 85% for its large language models (LLMs), signaling intensifying competition among Chinese tech giants in the artificial intelligence space. The price cuts…