DMR News
Advancing Digital Conversations
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…
OneStream, supported by KKR, aims for a $4.38 billion valuation in upcoming US IPO
OneStream Software, a company supported by private equity firm KKR, is preparing for a significant move in the stock market. The company aims for a valuation of approximately $4.38 billion…
Elon Musk Endorses Donald Trump After Rally Incident in Pennsylvania
Elon Musk, CEO of X (formerly Twitter), has publicly endorsed former President Donald Trump following a shooting incident at a Trump campaign rally in Butler, Pennsylvania. Musk posted his endorsement…
Bitcoin Climbs Back to $62,500 as Markets React to Weekend Incident Involving Trump
Financial markets have exhibited notable fluctuations following the recent attempted attack on former U.S. President Donald Trump, occurring on a Saturday. This event has notably shifted the dynamics within various…
Ethereum Surpasses $3,300, Anticipated ETF Approvals Could Fuel Further Gains
As the financial world stands on the precipice of a significant shift, Ethereum (ETH) has witnessed a remarkable price increase, surpassing the $3,300 mark. This surge comes in anticipation of…