DMR News
Advancing Digital Conversations
Tesla Updates Introduce Apple Watch App and More Features—Including Fart Pranks
Tesla’s latest update includes practical advancements and a sprinkle of humor, reinforcing the company’s knack for blending utility and playfulness. Among the new features is an Apple Watch app, expected…
Intel CEO Pat Gelsinger Removed After Boardroom Disputes
Intel’s board of directors has ousted CEO Pat Gelsinger, marking the end of a challenging tenure that spanned nearly four years. The decision, announced Monday, follows a turbulent period where…
Chinese Semiconductor Industry Faces Fresh US Export Curbs
The United States is set to implement its third major crackdown on China’s semiconductor industry in as many years, introducing a new package of export restrictions on Monday. This move…
Kioxia Sets IPO Price Range at 1,390 to 1,520 Yen Per Share
Chipmaker Kioxia, backed by Bain Capital, has established a tentative price range of 1,390 to 1,520 yen ($9.22 to $10.09) per share for its upcoming initial public offering, according to…
Meta Implements Stricter Ad Rules in Australia to Combat Financial Scams
Meta Platforms, the parent company of Instagram and Facebook, has introduced enhanced regulations for advertisers of financial products and services in Australia. The new measures aim to curb the spread…
Woman Wins $1,380 for Staying Smartphone-Free for Eight Hours
A woman in Chongqing, China, recently won 10,000 yuan (approximately $1,380) after successfully completing a “public welfare challenge” that tested participants’ ability to stay away from their smartphones for eight…
Fidelity Ups Valuation of Elon Musk’s X and xAI Stakes
Fidelity has raised the estimated value of its stake in Elon Musk’s X (formerly Twitter) by 32.37% in October, according to an Axios report. Despite the boost, the social media…
Japan Commits Extra ¥1.5 Trillion to Chip and AI Development
Japan is stepping up its commitment to semiconductor and artificial intelligence technologies with an additional ¥1.5 trillion ($9.9 billion) allocated to these sectors. The supplementary budget for the fiscal year…
Elon Musk Challenges OpenAI’s For-Profit Move in Court
Elon Musk is asking a federal court to stop OpenAI from fully transitioning into a for-profit business. On Friday, Musk’s legal team, which includes representatives for his AI company xAI…
Didi Bounces Back with Strong Third-Quarter Earnings
China’s leading ride-hailing company, Didi Global, reported a significant turnaround in its financial performance for the third quarter, announcing a net income of 929 million yuan ($128.42 million). This marks…
Why Jensen Huang Declined Morris Chang’s Offer to Run TSMC
Taiwan Semiconductor Manufacturing Company (TSMC) founder Morris Chang revealed in his newly published autobiography that he once offered Jensen Huang, the CEO of Nvidia, the opportunity to lead the Taiwanese…
ASML Shares Surge as Report Suggests Softer US Restrictions on China
ASML and other European semiconductor equipment makers saw their shares climb on Thursday, fueled by a Bloomberg report suggesting that U.S. trade restrictions on China’s semiconductor industry may not be…
Japan’s MUFG Spends $660 Million to Acquire WealthNavi
Japan’s Mitsubishi UFJ Financial Group (MUFG) announced plans to acquire WealthNavi Inc., a prominent provider of automated asset management, for approximately 99.7 billion yen ($664 million). The move will make…
Huawei’s Mate 70 Struggles to Match Buzz of Previous Models
Huawei’s latest flagship smartphone, the Mate 70, has sparked less consumer excitement in China compared to its predecessors, according to analysts. This cooling enthusiasm could impact Huawei’s shipment targets for…
India Competition Authority Opens Probe into Google’s Gaming Policies
India’s Competition Commission (CCI) has launched an investigation into Google’s policies surrounding real-money gaming apps, prompted by a complaint from gaming platform WinZO. The probe centers on allegations that Google’s…
European Commission Closes Amazon Tax Case Without Back Payment
Amazon will not be required to pay €250 million ($263 million) in back taxes after the European Commission announced the closure of a long-standing state aid investigation. This decision brings…
China Vows Action if US Expands Semiconductor Controls
China issued a stern warning on Thursday, pledging to take “necessary actions” to safeguard its firms if the U.S. proceeds with expanded semiconductor control measures. The statement followed reports that…
Canada Competition Bureau Files Lawsuit Against Google Over Ad Business
Canada’s Competition Bureau is taking legal action against Google, aiming to dismantle parts of the tech giant’s advertising business. The agency announced on Thursday that its investigation revealed Google allegedly…
Germany is Betting Big on Chips with a €2 Billion Subsidy Plan
Germany has announced plans to invest around €2 billion into its semiconductor industry. This funding aims to develop advanced chip production capabilities and strengthen the European semiconductor ecosystem, according to…
ByteDance Sues Former Intern for $1.1 Million Over AI Breach
ByteDance, the Chinese tech giant and parent company of TikTok, has filed a lawsuit against a former intern, seeking $1.1 million in damages over claims of deliberate sabotage to its…