DMR News
Advancing Digital Conversations
Crypto Coalition Advocates for Definitive Regulatory Framework from Biden Administration
A coalition of cryptocurrency firms has intensified calls for the Biden administration to establish a definitive regulatory framework for digital assets, emphasizing the potential economic and national security benefits for…
Tech CEOs Reverse RTO Mandates with Only 3% Requiring Full-Time Office Work
Tech firms have spent the last two years urging workers back into the office, often using layoffs as a threat. Even Zoom shifted back to in-person work last year. However,…
Elon Musk’s X Files Lawsuit Claiming Massive Advertiser Boycott
Elon Musk’s social media platform, X, has initiated a lawsuit against a prominent group of advertisers, alleging a “massive advertiser boycott” that resulted in substantial revenue losses and violated antitrust…
Major Job Cuts at Dell as Company Shifts to AI
Dell is undergoing significant restructuring aimed at focusing more on AI-based products and servers, leading to substantial job cuts. An internal memo by sales executives John Byrne and Bill Scannell,…
Nokia and Swisscom Begin Nationwide Drone Service Deployment
Nokia and Swisscom are set to deploy a drone service network across Switzerland to enhance emergency responses and infrastructure inspections, as announced in a joint statement on Thursday. Nokia, the…
Ripple Labs Incurs $125M Penalty Following SEC Lawsuit, Judge Rules
A federal judge has imposed a $125 million civil penalty on Ripple Labs, concluding a significant legal battle with the U.S. Securities and Exchange Commission (SEC). The ruling by Judge…
SoftBank-Backed Ola Electric Achieves $4 Billion Valuation in IPO
Ola Electric‘s initial public offering (IPO) received bids worth $1.8 billion, marking a significant milestone as the first stock offering by a pure-play electric vehicle (EV) maker in India. The…
OpenAI Co-founder John Schulman Leaves for Rival Anthropic
John Schulman, one of the co-founders of OpenAI, has left the ChatGPT maker for rival Anthropic. Schulman announced his departure in a social media post on X late Monday, stating,…
Video Game Actors Strike Over AI Concerns
Actors, represented by the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA), have initiated a strike against the video game industry due to unresolved issues concerning artificial intelligence…
ByteDance Enters AI Video Market with New App
ByteDance has introduced Jimeng AI, a text-to-video application, expanding its presence in the AI video generation market. This move places ByteDance alongside other Chinese tech firms and OpenAI, the creator…
Crypto Community Reacts to Kamala Harris’ Choice of VP Amid Uncertainty in Digital Asset Policy
As the 2024 presidential race heats up, Democratic presidential nominee Kamala Harris has chosen Minnesota Governor Tim Walz as her vice-presidential candidate. This decision has sparked various reactions from the…
Marathon Digital Holdings Boosts Bitcoin Portfolio by $124M in July
Marathon Digital Holdings, recognized as the world’s largest Bitcoin miner, is steadfastly expanding its Bitcoin reserves, aligning with its declared “full HODL” strategy. This approach, which stands for “hold on…
Waymo Announces New Service Areas in San Francisco and Los Angeles
Waymo, a subsidiary of Alphabet, is expanding its autonomous ride-hailing service areas in San Francisco and Los Angeles to meet growing customer demand, the company announced on Tuesday. This move…
Transak Introduces Wire Transfers as the First US Crypto On-Ramp Option
Transak, a leading provider of Web3 payments infrastructure, has set a new precedent by introducing wire transfers as a fiat-to-crypto on-ramp for cryptocurrency users in the United States. This development…
Potential White Hat Hacker Involved in $9.8M ETH Exploit on Ronin Network
Ronin Network, a leading blockchain platform for gaming, reported a significant security breach resulting in the loss of approximately $9.8 million in Ether (ETH). This incident adds to a growing…
NASA Delays Crew 9 Launch Due to Starliner Issues
NASA is set to delay the launch of the Crew 9 mission to the International Space Station (ISS) from August 18 to September 24. This decision, announced on Tuesday, August…
Euro Stablecoin Market Thrives Under New MiCA Regulations
The European Union’s comprehensive Markets in Crypto-Assets Regulation (MiCA) framework is progressively being implemented, reshaping the landscape for digital assets across the region. The first phase of this regulatory framework,…
Microsoft and Delta Clash Over Responsibility for Massive IT Outage
Microsoft has strongly rebutted claims by Delta Air Lines that it was responsible for the airline’s substantial flight cancellations following last month’s global IT outage. The dispute centers around a…
Nvidia Approves Samsung’s HBM3E Chips for AI Processors
Samsung’s latest high-bandwidth memory (HBM) chips have passed Nvidia’s tests for use in its artificial intelligence (AI) processors, according to three sources familiar with the matter. This development marks a…
EtherealX Secures $5M to Revolutionize Satellite Launches in India
Indian space startup EtherealX has secured $5 million in seed funding to develop fully reusable medium-lift launch vehicles, aiming to make satellite launches more cost-effective and time-efficient. Space launches have…