DMR News

Advancing Digital Conversations

Hong Kong Identifies Seven Crypto Exchanges as Unregulated for Non-Compliance

The Securities and Futures Commission of Hong Kong (SFC) has recently intensified its oversight of the cryptocurrency sector, issuing alerts against seven trading platforms accused of operating without necessary licenses.…

Significant Moon Cave Discovery Could Shelter Future Astronauts

Researchers have uncovered a significant underground cave on the moon, accessible from the surface, which may prove pivotal for future lunar explorations and habitation. This discovery, reported in the journal…

Apple’s India Sales Soar 33%, Reaching Record High Amid Shift from China

Apple Inc. has achieved a milestone in India, with its annual sales reaching a record of almost $8 billion. This shows the rapid growth of the Indian market, where the…

Bitcoin Declines 3% Following $5.7 Billion Transfer from Mt. Gox Cold Wallet

On July 16, Bitcoin experienced a notable decline, dropping over 3% as unsettling news resurfaced concerning the defunct exchange Mt. Gox. This downturn occurred shortly after Bitcoin’s price briefly reached…

Unveiling Environmental Impact : The Hidden Water Footprint of AI

Ever wondered about the true environmental impact of AI? The uneven distribution of AI’s environmental effects is a pressing concern that demands our attention. As this technology continues to evolve…

Vectara Secures $25M Funding to Launch Mockingbird LLM for Enterprise RAG Solutions

Vectara, an early pioneer in Retrieval Augmented Generation (RAG) technology, is making headlines today with the announcement of a $25 million Series A funding round. This latest round brings the…

Huawei Invests $1.4 Billion in New Shanghai Center Amid Intensifying Chip War

Huawei Technologies Co is on the brink of finishing the construction of a chip research and development center in Shanghai. This development is poised to bolster China’s technological advancements despite…

India’s Affinity for Cheap Feature Phones Challenges Smartphone Brands

India, the world’s second-largest smartphone market after China with around 750 million users, is experiencing a slowdown in new smartphone sales. Many consumers find it difficult to afford a brand-new…

ASML Anticipates Surge in Orders Due to AI Chip Demand

ASML, the leading equipment supplier to computer chip makers, is set to report a significant increase in new orders when its new CEO delivers the second-quarter results on Wednesday. As…

XRP Scam Promoted Through Hacked Accounts of Filipino Musicians

On July 15, a coordinated cyberattack targeted several prominent Filipino musicians, leading to the compromise of their YouTube accounts. These accounts were manipulated to promote a deceptive XRP cryptocurrency scam,…

Bitcoin and Ethereum Drive Record $17.8 Billion in Crypto Inflows

The digital asset investment landscape has experienced a remarkable surge in 2024, with inflows into cryptocurrency investment products reaching a record-breaking $17.8 billion year-to-date (YTD). This substantial capital influx suggests…

Donald Trump Selects Pro-Crypto Senator JD Vance as Vice Presidential Candidate for 2024

In a strategic move shaping the 2024 presidential race, Donald Trump, a prospective Republican candidate, has officially announced Senator JD Vance as his vice-presidential running mate. The announcement, made on…

WhatsApp now enables businesses to send authentication codes to users in India

WhatsApp has officially enabled businesses to send authentication and login codes through its API to users in India. This new feature, launched on July 1, represents a significant step in…

Tesla Pushes Robotaxi Unveiling to October

Tesla has postponed the highly anticipated unveiling of its “robotaxi” design from August 8 to October, according to Bloomberg News. The delay is attributed to the need for additional time…

European Commission Finds X’s Blue Checkmarks Misleading

The European Union has announced that the blue checkmarks on Elon Musk’s platform, X, violate the bloc’s social media laws. These checkmarks, which cost $8 for verification, are seen as…

South Korea’s Ruling Party Suggests Postponing Cryptocurrency Tax Implementation Until 2028

South Korea’s People’s Power Party has recently made headlines with its official proposal to delay the country’s impending cryptocurrency trading profits tax. Initially set to commence on January 1, 2025,…

Nvidia Investors Face a Dilemma: Determining the Right Balance in Their Stock Portfolios

Outsized positions in artificial intelligence darling Nvidia have boosted portfolio managers’ returns this year, but the bets stand to magnify risk if the chipmaker’s red-hot shares see a reversal of…

Increased Cryptocurrency-Related Criminal Activities in Australia Lead to Calls for Stricter Regulation

The Australian Transaction Reports and Analysis Centre (AUSTRAC), the nation’s financial intelligence and regulatory body, has recently published its 2024 Money Laundering National Risk Assessment. This comprehensive report highlights an…

Fisker’s Ocean SUV Fire Sale Faces Major Objection

Fisker’s plan to sell its unsold Ocean SUVs to American Lease faces a significant obstacle as the U.S. Trustee’s office opposes the deal. This sale, crucial for keeping Fisker’s bankruptcy…

Google Translate May Soon Be Integrated into WhatsApp

WhatsApp is set to enhance its messaging platform with two new features, according to recent beta updates. The app is working on integrating Google Translate and rolling out a transcription…