DMR News
Advancing Digital Conversations
Apple Approves Spotify’s Request to Display Prices in EU iOS App
Spotify has announced that it will now display pricing information for its services within its app on Apple devices in the European Union, starting Wednesday, August 14. This change follows…
Huawei Set to Release AI Chip to Rival Nvidia Amid U.S. Sanctions
Huawei is reportedly set to launch a new artificial intelligence chip, the Ascend 910C, in a move that challenges Nvidia’s dominance in the AI chip market, despite ongoing U.S. sanctions.…
Tencent-Backed Airwallex Reaches $500 Million in Sales, Eyes IPO Readiness
Airwallex, a payments startup backed by Tencent, has reached a significant milestone with an annual revenue run rate of $500 million. CEO and co-founder Jack Zhang revealed the company’s aim…
Twitch Expands Story Features with Video Stories
Twitch has announced the rollout of video stories, aiming to expand its platform’s capabilities and challenge Instagram. This new feature allows streamers to create or upload 60-second videos directly from…
U.S. Government Transfers 10,000 Bitcoins
On August 14, 2024, at precisely 15:38:31 UTC, the United States government moved approximately 10,000 Bitcoin (BTC) to a wallet address that concludes with the letters “noe.” This information comes…
Black Forest Labs Powers Elon Musk’s Controversial AI Image Generator
Elon Musk’s AI image-generation feature, Grok, has sparked controversy with its lack of safeguards, allowing users to create and share potentially misleading or explicit images directly on the X platform.…
Revitalizing El Salvador’s Bitcoin City: $1.6 Billion Port Investment Marks a Historic Move
Yilport Holdings, a prominent Turkish port and terminal operator, has pledged an unprecedented $1.6 billion towards the development of two port projects in El Salvador, marking the largest private investment…
SoundCloud Launches Platform for Artists to Create and Sell Merch
SoundCloud has launched a new merchandise marketplace called the SoundCloud Store, marking its entry into the merchandising space. This store will not only feature SoundCloud-themed items but will also serve…
Coinbase Executive Calls for Comprehensive Overhaul of Canadian Crypto Regulations
At the Blockchain Futurist Conference held on August 13, Lucas Matheson, Coinbase’s Country Director for Canada, highlighted the current state of digital asset regulation in Canada and advocated for the…
Coinbase Launches Cryptocurrency Services in Hawaii
Coinbase, a leading cryptocurrency exchange, has officially expanded its operations to Hawaii. This strategic move allows Hawaiian residents to engage in buying, selling, and managing digital assets seamlessly. The expansion…
Foxconn Surpasses Profit Expectations Amid AI Server Boom
Foxconn, the world’s largest contract electronics manufacturer and a key supplier for Apple, reported a stronger-than-expected 6% increase in quarterly net profit, fueled by the surging demand for AI servers.…
Judge Vows to Tear Down Barriers in Google Play Store Monopoly
Judge James Donato has made it clear that Google will face consequences for its Android app store’s monopolistic practices, following a federal jury’s ruling eight months ago in the Epic…
Tencent’s Profit Soars 82% as Gaming Division Drives Growth
Tencent, the Chinese tech giant, reported an 82% surge in its quarterly profit, driven by accelerated growth in its key gaming division. The company surpassed both revenue and profit expectations…
Crypto.com Secures Official Partnership with UEFA Champions League
Crypto.com has marked a significant milestone by becoming the first cryptocurrency platform to establish an exclusive partnership with the UEFA Champions League. This groundbreaking multiyear agreement positions the centralized crypto…
Trump’s Economic Address Diverges into Critiques of Harris, Biden, and More
Former President Donald Trump‘s recent speech, intended to focus on economic plans, shifted into a series of critiques targeting President Joe Biden, Vice President Kamala Harris, and other political figures.…
Instagram Fails to Address Hate Speech Against Female Politicians
Instagram is facing criticism for its failure to remove hate speech directed at female politicians as the 2024 election approaches, according to a report released by the Center for Countering…
Threads May Soon Allow Users to Post Content With a 24-Hour Lifespan
Meta is working on a new feature for its Threads platform that could introduce disappearing posts, offering users a way to make their posts, along with all replies, vanish after…
Hong Kong Court Mandates Financial Disclosures Amid Mantra Chain Controversy
In a significant legal development, the High Court of Hong Kong has ordered the disclosure of financial operations within Mantra Chain amidst an ongoing dispute involving Mantra DAO, Inc., its…
Grayscale Initiates Investment Fund for MakerDAO Governance Token
On August 13, Grayscale Investments, the world’s leading cryptocurrency asset manager, announced the launch of a new investment fund targeting MakerDAO’s governance token, MKR. This development underscores Grayscale’s ongoing efforts…
Activation of Mt. Gox’s Suspected $2.1 Billion BTC Wallet Managed by Bitgo
A significant movement has been detected in a Bitcoin wallet associated with the defunct cryptocurrency exchange, Mt. Gox. This wallet, suspected to be managed by Bitgo, initiated a test transaction…