DMR News
Advancing Digital Conversations
China Criticizes EU EV Tariffs, Citing Harm to German Economy
China’s commerce minister, Wang Wentao, has expressed concerns over the European Union’s impending tariffs on electric vehicles (EVs), warning that the move will harm both China and Germany. He argued…
Snap Unveils New AR Glasses Amid Struggles in Ad Business
Snap on Tuesday, September 17, introduced its fifth-generation augmented reality glasses, Spectacles, designed to overlay digital graphics onto the real world. These glasses are currently only accessible to developers who…
Vietnam Faces US Pressure Over Undersea Cable Decisions
The United States is actively encouraging Vietnam to avoid using Chinese firms, particularly HMN Technologies, in its plans to build 10 new undersea cables by 2030. Vietnam, dealing with aging…
Chinese Tech Firms Target Nvidia’s Dominance in AI Chip Market
China is making significant strides toward reducing its reliance on U.S. semiconductor technology, particularly amid increasing sanctions from Washington. With the rapid growth of artificial intelligence (AI) and foundational models,…
Standard Chartered Launches Crypto Custody Services in UAE with BTC and ETH
Standard Chartered has officially introduced its cryptocurrency custody services in the United Arab Emirates (UAE). The bank’s new offering will initially focus on Bitcoin (BTC) and Ether (ETH), the top…
Young Consumers Show Diminishing Interest in Traditional Blockchain Loyalty Programs
The landscape of blockchain loyalty rewards programs is evolving rapidly as the Web3 and decentralized application (DApp) sectors mature. Despite these advances, the most sought-after consumer demographic—young adults—demonstrates a growing…
Microsoft Plans New Windows Security Platform to Prevent Future Outages
Microsoft is taking steps to prevent future security issues like the one caused by CrowdStrike in July, where a faulty software update led to a widespread Windows outage. During a…
Ethereum Name Service Integrated with PayPal and Venmo for Crypto Transfers
On September 10, ENS Labs announced a new integration that will enable users of Venmo and PayPal to transfer cryptocurrency using Ethereum Name Service (ENS) names. This development is poised…
Samsung Workers Extend India Plant Strike After Failed Negotiations
Samsung workers at its India plant will continue their strike for the fifth day after negotiations involving the union, company management, and state government officials failed to produce a settlement.…
Ant Group Secures $6.5 Billion Refinancing for Overseas Expansion
China’s Ant Group is refinancing its $6.5 billion credit line, the company confirmed on Thursday. The move comes as the Alibaba-backed fintech giant aims to strengthen its overseas operations. According…
Microsoft Announces 650 Additional Layoffs in Xbox Division
Microsoft has laid off another 650 employees from its Xbox division, marking the latest round of job cuts linked to its acquisition of Activision Blizzard. According to an internal memo…
Young Sohn Returns to Arm’s Board After Samsung Advisory Role
Young Sohn, a senior adviser at Samsung Electronics, is set to rejoin the board of Arm Holdings, the British chip firm announced on Thursday. Sohn, who previously held a position…
Brazilian Bank Nubank Halts Trading of Native Crypto Token After 97% Decline in Value
Nubank, one of the largest crypto banks in Latin America and backed by Warren Buffet’s Berkshire Hathaway, has suspended trading of its native cryptocurrency, Nucoin, effective immediately. This decision follows…
Meta, Snap, and TikTok Join Forces to Tackle Suicide and Self-Harm Content
Meta, Snap, and TikTok have partnered to launch a new initiative aimed at curbing the spread of suicide and self-harm content on their platforms. The program, named Thrive, is designed…
India’s Antitrust Investigation Confirms Amazon, Flipkart Breaches
Indian authorities have concluded that e-commerce giants Amazon and Walmart’s Flipkart breached local antitrust laws by favoring specific sellers on their platforms, according to reports obtained by Reuters. The investigation,…
Scientists Create Microscopic Robots to Treat Brain Aneurysms Safely
Scientists have developed microscopic robots capable of treating brain aneurysms with unprecedented precision, offering a potential alternative to invasive brain surgeries. An international team, including researchers from the University of…
Indian Startup Swiggy Targets $1.4B IPO with $150M Increase
Swiggy is considering expanding its IPO by $150 million, potentially raising up to $1.4 billion. This would make it one of the largest public listings in India this year. The…
UAE Enhances National Crypto Regulation Through Strategic Dubai Partnership
The United Arab Emirates is making significant strides towards a unified regulatory framework for cryptocurrency operations across its territories. This move comes as the Securities And Commodities Authority (SCA), the…
Alibaba’s Taobao App Tops Singapore App Store After English Update
Alibaba’s Taobao shopping app has rapidly gained popularity in Singapore, topping the Apple App Store charts after launching an AI-powered English version, designed to improve accessibility for non-Chinese users. The…
Indodax Halts Operations Following Suspected $22 Million Crypto Hack
Indonesian cryptocurrency exchange Indodax recently faced a severe security breach leading to a suspected loss of approximately $22 million in various cryptocurrencies. In response, Indodax has temporarily disabled both its…