DMR News
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Uber Backs Moove with $100 Million to Fuel African Mobility
Moove, the African mobility fintech specializing in vehicle financing for drivers on ride-hailing and delivery apps, has secured $100 million in a Series B funding round, propelling its valuation to…
Baidu’s ERNIE bot proudly surpasses GPT-4 in proficiency in the Chinese language
In a groundbreaking statement, Robin Li, the esteemed chairman and CEO of Baidu, has illuminated the extraordinary capabilities of ERNIE Bot, asserting its supremacy in Chinese language proficiency over OpenAI’s…
Nigeria’s Crypto Fee Increase Seen as Open Door for Major Players, Says NoOnes CEO
Despite the Nigerian Securities and Exchange Commission (SEC) proposing a significant hike in registration fees for crypto exchanges, the interest from venture capitalists in Nigeria’s burgeoning crypto market remains undeterred.…
Apple Watch Series 10 Bringing Blood Pressure Feature
Tech enthusiasts and health-conscious individuals within the Apple ecosystem have something exciting to look forward to: the next iteration of the Apple Watch, Series 10, is rumored to be equipped…
Philips Embraces AI in Efforts to Overcome Challenges with Faulty Respirators
In a recent interview with AFP, Philips CEO Roy Jakobs highlighted the company’s strategic pivot towards harnessing artificial intelligence (AI) in healthcare, marking a decisive step away from its troubled…
Polygon zkEVM Experiences Downtime Amid Blockchain Sequencer Complications
Polygon, a leading Ethereum layer-2 scaling solution, recently encountered a technical hiccup with its zero-knowledge Ethereum Virtual Machine (zkEVM), prompting a pause in its operations. The issue, traced back to…
Ingrid Secures €21M to Reshape the Future of Online Deliveries
Ingrid, a Stockholm-based startup, has secured a funding round of €21 million (approximately $23 million) to expand its innovative approach to tackling the complex challenges of last-mile delivery in online…
Intelligent ring manufacturer Ultrahuman is setting its sights on surpassing Oura in the market.
In a bold move to dominate the smart ring industry, India’s burgeoning health-tech startup, Ultrahuman, has successfully closed a significant $35 million in Series B funding, setting the stage for…
Goldman Sachs Sees Hedge Fund Clients Deepen Engagement in Cryptocurrency Derivatives
The recent surge in cryptocurrency market activities has not been limited to the audacious retail traders often spotlighted for their “YOLO” investing ethos. Instead, an equally noteworthy shift is occurring…
BitTorrent’s Reign Over Internet Traffic Ends
BitTorrent, once the undisputed leader in upstream internet traffic has seen its dominance erode. This decline is confirmed by the latest findings from Sandvine, a Canadian broadband management company. The…
Pocket FM secures $103 million in funding for global expansion efforts
In a significant stride towards global expansion, India-based audio platform Pocket FM has recently announced securing $103 million in Series D funding. This round was led by Lightspeed Ventures, with…
Trezor’s Official X Profile Promotes Phony Token Presales Following Alleged Hack
In a disturbing turn of events, the hardware wallet manufacturer Trezor‘s official X account has become the center of attention for all the wrong reasons. A series of malicious postings…
Glassdoor Reportedly Added Real Names to User Accounts Without Consent
Glassdoor, the renowned employment review website, has been reported to add real names and other personal information to user profiles without explicit consent. This practice, disclosed by users and highlighted…
Kyle Davies Expresses No Regret Over 3AC’s Demise, Aims to Evade Incarceration
In an illuminating discussion on the March 19 episode of the Unchained Podcast, Kyle Davies, co-founder of the now-defunct cryptocurrency hedge fund Three Arrows Capital (3AC), shared his perspective on…
Dell Employees Working Remotely Won’t Be Considered for Promotions
Dell has implemented a new policy that will exclude employees working fully remotely from being eligible for promotions, starting in May. This change follows the company’s February announcement of a…
AMD Set to Distribute Large Volumes of Instinct MI300X Accelerators, Securing 7% Share in the AI Market
In the rapidly evolving landscape of artificial intelligence technology, a new chapter is being written as Advanced Micro Devices (AMD) emerges as a formidable contender against NVIDIA’s long-standing dominance. The…
Ledger Prepares for May Launch of iPod-Inspired Crypto Wallet After Delays
In a significant announcement that has stirred the cryptocurrency community, Ledger, a leading producer of crypto wallets, is poised to release its highly anticipated Ledger Stax hardware wallet in May.…
EU Concerns Over Legality of Meta’s Privacy Fee
The European Union has voiced significant concerns regarding Meta’s approach to user privacy and data tracking, specifically highlighting the company’s introduction of a choice between a monthly subscription or consent…
Amazon and Snowflake enhance data streaming with Snowpipe and Kinesis Data Firehose integration.
In the digital age, where data serves as the backbone of AI and analytics, efficiently streaming information between platforms in near-real time is a cornerstone for organizational success. This necessity…
Gyroscope Unveils High-Yield Liquidity Pools and Introduces Points Program
In an innovative stride within the decentralized finance (DeFi) sector, Gyroscope is making waves with its latest offering – a groundbreaking piece of trading infrastructure aimed at enhancing capital efficiency…