DMR News
Advancing Digital Conversations
GlobalWafers Secures $406 Million for US Chip Manufacturing Expansion
The U.S. Commerce Department has finalized a $406 million subsidy for Taiwan’s GlobalWafers, aiming to boost domestic semiconductor production. The funding, announced Tuesday, will support projects in Texas and Missouri…
European Exchanges Maintain Tether USDT Trading Despite Coinbase’s Delisting
Despite the recent delisting of Tether’s USDT stablecoin by Coinbase for its European customers, several major cryptocurrency exchanges across Europe are continuing to support USDT. This decision comes as the…
Nvidia Slips Further While Broadcom Loses Early Momentum
Nvidia continued its slide into correction territory on Tuesday, closing down more than 1%. Broadcom, which initially saw gains during pre-market trading, also ended the day lower, reversing earlier momentum…
Bybit to Cease Crypto Services for French Users by January 2025
Bybit, a prominent global cryptocurrency exchange, has announced it will discontinue withdrawal and custody services for its French users effective January 8, 2025, at 8:00 AM UTC. This decision arises…
Elon Musk and SpaceX Face Federal Investigations Over Security Concerns
Federal reviews are underway to investigate Elon Musk and SpaceX for potential violations of U.S. security protocols. According to a report by The New York Times, Musk and his aerospace…
European MP Advocates for EU Bitcoin Reserve, Rejects CBDC
European lawmaker Sarah Knafo, a French magistrate and member of the European Parliament since June, has made a strong case for the European Union to prioritize establishing a strategic Bitcoin…
Influx of Executives in Blockchain Gaming Ahead of 2025 AAA Launches
As the blockchain-based gaming industry progresses towards mainstream acceptance, it is witnessing an increasingly concentrated hierarchy of executive roles. This trend was highlighted in the Blockchain Gaming Association’s fourth annual…
Biden Advocates for Congressional Stock Trading Ban
In a revealing interview with Faiz Shakir, an advisor to Senator Bernie Sanders, published on Tuesday by the progressive nonprofit news site More Perfect Union, President Joe Biden expressed his…
Instagram Introduces Scheduled DMs Feature for Users Worldwide
Instagram users can now schedule direct messages (DMs) to be sent at a specific time, a feature designed to enhance communication for creators, brands, and regular users alike. Meta confirmed…
Elon Musk Opens Texas Preschool to Reimagine Education
Elon Musk, known for reshaping industries and stirring public debate, is now setting his sights on education. In Bastrop, Texas—a growing hub for Musk’s business operations—the billionaire is funding a…
EU Begins Work on IRIS² Satellite Network for Secure Connectivity
The European Union has officially signed off on IRIS², a €10.6 billion ($11 billion) satellite network designed to rival SpaceX’s Starlink. Comprising 290 satellites across low- and medium-earth orbits, IRIS²…
China Aims to Lead AI as Its Models Compete with US Rivals
China’s push to lead the global artificial intelligence race appears to be gaining momentum. Analysts and insiders report that Chinese AI models, particularly large language models (LLMs), are achieving competitive…
Meta’s Threads Reaches 300 Million Monthly Users
Threads, Meta’s Twitter-like platform, has hit 100 million daily active users and surpassed 300 million monthly active users, according to CEO Mark Zuckerberg. It’s the first time Meta has shared…
TikTok Asks Supreme Court to Step In As Ban Approaches
TikTok is asking the U.S. Supreme Court to step in as it faces a January 19 deadline that could force the app to shut down in the United States. In…
Chinese Lifestyle App Xiaohongshu Drives High-End Sales
Tera Feng, a Shanghai-based influencer with over 500,000 followers, has tapped into Xiaohongshu’s platform to sell a variety of products, ranging from high-end suits priced at 15,000 yuan ($2,060) to…
Nearly 800 Arrested in Nigeria for Involvement in Crypto Romance Scam
On December 10, Nigerian authorities conducted a significant raid in Lagos, arresting 792 individuals connected to a suspected large-scale crypto romance scam operation. The operation, believed to be one of…
FCA Unveils Discussion Paper on Enhancing Crypto Market Transparency and Combating Abuse
The Financial Conduct Authority (FCA) of the United Kingdom has signaled that comprehensive crypto asset regulation could be established by 2026. As part of these efforts, the FCA has recently…
Canada’s Finance Minister Resigns Amid US Trade Challenges
Chrystia Freeland, the Deputy Prime Minister to Canadian Prime Minister Justin Trudeau, recently announced her decision to resign as Canada’s Finance Minister. This move comes after being offered another cabinet…
Crypto Investment Products Log 10th Week of Consecutive Inflows, Totalling $3.2 Billion
The enthusiasm for cryptocurrency investments continues unabated, with Bitcoin reaching new heights and crypto investment products marking their tenth consecutive week of inflows. According to the latest data from CoinShares,…
OpenAI Rolls Out ChatGPT Search to All Users
OpenAI’s AI-powered web search tool, ChatGPT Search, is now available to all ChatGPT users, extending its previously exclusive features to free-tier subscribers. The company announced the broader rollout during its…