DMR News
Advancing Digital Conversations
Ethereum Invests Nearly Half a Billion Dollars in Ecosystem Projects Over Two Years
The Ethereum Foundation‘s commitment to nurturing its ecosystem is palpable, with the foundation’s 2024 annual report highlighting the deployment of nearly $500 million towards various projects in 2022 and 2023.…
China’s SMIC Sees Overcapacity Extending to 2025 with Limited New Investments
China’s largest chipmaker, Semiconductor Manufacturing International Corp (SMIC), cautioned Friday that the mature node chip market would remain oversupplied until at least 2025, signaling a restrained approach to capacity growth.…
Detroit to Enable Crypto Payments for Taxes and City Fees Starting Mid-2025
In a bid to embrace digital transformation and foster a tech-friendly ecosystem, Detroit has announced that by mid-2025, its residents will be able to pay their taxes and other city…
Nvidia Reaches Historic $3.6 Trillion Market Value After Trump Election Win
Shares of Nvidia surged to a record high on Thursday, marking a historic milestone as the chipmaker became the first company to surpass a $3.6 trillion market capitalization. This achievement…
Roblox Introduces Stricter Content Ratings and Social Limits for Kids Under 13
Roblox is taking steps to make its platform safer for young users, especially kids under 13, who make up a big chunk of its massive 70 million daily player base.…
TikTok’s “Share to TikTok” Connects Directly with Spotify, Apple Music
TikTok is making it simpler to share your favorite tracks with its new “Share to TikTok” feature. Now, users of both Spotify and Apple Music can post songs, albums, playlists,…
France’s Gaming Authority Reviews Crypto Betting Platform Polymarket for Potential Ban
France’s gambling regulator, the Autorité nationale des jeux (ANJ), is scrutinizing the cryptocurrency prediction market Polymarket, which has become a focal point due to its heightened activity around the 2024…
Australia Plans World-First Ban on Social Media for Children Under 16
Australian Prime Minister Anthony Albanese has announced new legislation aiming to prohibit social media access for children under 16, labeling it a move to counter the harm he believes social…
How Samsung’s Delayed AI Strategy Opened Doors for Rival SK Hynix
Samsung Electronics, once the dominant force in memory semiconductors, is now struggling in the AI-driven chip market, resulting in a $126 billion loss in market value, as reported by S&P…
Trump’s Reelection May Accelerate the Introduction of the First Staked Ether ETF
Donald Trump’s recent victory in the United States presidential election could herald a new era for cryptocurrency innovation, particularly for Ether, the world’s second-largest cryptocurrency. Following his win on November…
Nissan to Cut 9,000 Jobs and Slash CEO’s Pay Amid Struggles
Nissan Motor Co. plans to lay off 9,000 workers and reduce its global manufacturing capacity by 20 percent, according to Reuters. The Japanese automaker’s restructuring strategy is aimed at trimming…
Lamborghini Partners with Animoca Brands and Transak for Revuelto NFT Launch
Automobili Lamborghini is stepping into the non-fungible token (NFT) realm through its upcoming mint of the Revuelto NFTs, scheduled for November 7. This initiative is part of Lamborghini’s Fast ForWorld…
Digital Tech Proves Beneficial for Early Childhood Development, Study Finds
Digital technology may provide developmental benefits for children under three, according to a study funded by the Economic and Social Research Council. Researchers from Manchester Metropolitan University, in collaboration with…
Canada Orders TikTok to Close Canadian Operations
Canada just told TikTok’s Canadian business to shut down, citing what it calls “national security risks” related to ByteDance, TikTok’s parent company. Minister François-Philippe Champagne made the announcement, explaining that…
Regulatory Concerns Surround Crypto.com in Poland
The Polish Financial Supervision Authority (KNF) has recently highlighted Foris DAX MT, the Malta-based entity operating under the well-known Crypto.com brand, for potentially engaging in unauthorized financial activities within Poland.…
Trump Expected to Maintain CHIPS Act Despite Campaign Criticisms
President-elect Donald Trump is expected to uphold the Biden administration’s CHIPS and Science Act, a landmark policy designed to boost U.S. semiconductor production, despite criticism voiced during his campaign, according…
Trump’s Presidential Win Could Ignite a Bitcoin Surge to $100,000
Donald Trump’s recent victory in the United States presidential election is sparking predictions of a significant Bitcoin rally, potentially exceeding the critical $100,000 threshold. Trump clinched the presidency after securing…
Samsung Elevates Bixby with Its Biggest Update Yet
Samsung has announced its largest update in years to Bixby, the company’s virtual assistant, which has long lagged behind competitors like Apple’s Siri and Google’s emerging Gemini. Revealed during a…
EU Probes Corning Over Gorilla Glass Contracts
The European Union launched an investigation into Corning Inc., the American company behind the popular Gorilla Glass, for possible violations of competition laws. Corning, a major supplier of specialized toughened…
Republican Electoral Victory Sparks Optimism in Crypto Sector
The 2024 United States presidential election has marked a pivotal turn for the cryptocurrency industry, with Donald Trump’s reelection heralding a potential shift towards more favorable crypto regulations. The election…