DMR News

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Samsung Gains AI Market Share as SK Hynix Stumbles

Asian chip stock leadership is undergoing a significant shift. South Korean memory maker SK Hynix Inc is seeing its substantial gains for the year wane due to a global rotation…

South Korean Crypto Exchanges Face Unexpected Supervisory Fees

In a notable shift for South Korea‘s cryptocurrency industry, major cryptocurrency exchanges such as Upbit, Bithumb, and Coinone will now be subject to supervisory fees under the newly implemented Virtual…

Telegram Launches In-App Browser Supporting Decentralized Websites

On July 31, Telegram, the popular crypto-friendly social messaging platform, unveiled a new in-app browser that supports decentralized websites. Known as “TON Sites,” these sites are now accessible to users…

Nvidia’s AI Chip Dominance Triggers Antitrust Probe Calls

Nvidia is facing calls for an antitrust investigation from Sen. Elizabeth Warren, D-Mass., and several progressive groups over its dominance in the AI chip market. Controlling about 80% of the…

Meta’s Reality Labs Unit Reports $4.5 Billion Loss in Q2

Meta’s Reality Labs unit, which focuses on the company’s metaverse technologies, reported a substantial operating loss of $4.48 billion for the second quarter. The Reality Labs division, which includes products…

Former CNN Anchor Don Lemon Sues Elon Musk and X Over Cancelled Show

Former CNN anchor Don Lemon has filed a lawsuit against Elon Musk and X Corp, the social media platform formerly known as Twitter, alleging fraud and breach of contract after…

Arm’s Guidance Triggers 7% Decline in Semiconductor Index

U.S. chip stocks experienced their worst day since 2020 on Thursday, with a significant drop triggered by a conservative forecast from Arm Holdings, which dampened investor optimism about artificial intelligence…

Bybit Unveils Indian Digital Rupee CBDC Payment Option

Cryptocurrency exchange Bybit has announced the integration of digital rupee payments into its platform. This development marks the inclusion of the Indian central bank digital currency (CBDC), aimed at enhancing…

Apple Leverages AI for iPhone Upgrades as China Sales Lag

Apple reported better-than-expected third-quarter iPhone sales and forecast further gains, betting on artificial intelligence to attract buyers despite disappointing overall performance in China. Following the announcement, Apple’s shares rose nearly…

Senator Lummis Introduces Bitcoin Strategic Reserve Bill in Senate

On July 31, Senator Cynthia Lummis officially introduced the Bitcoin Strategic Reserve bill, a legislative proposal aimed at establishing a reserve fund for Bitcoin, a scarce decentralized asset. The bill…

Biden Adviser Involved in Crypto Discussions to Join Harris-Supporting Super PAC

Anita Dunn, a senior adviser to President Joe Biden, is reportedly on her way out of the White House to join a political action committee (PAC) that supports Vice President…

Wisconsin Introduces New Tracker to Combat Cryptocurrency Fraud and Investment Scams

The Wisconsin Department of Financial Institutions (DFI) has taken a significant step forward in the fight against financial fraud by launching a publicly accessible investment scam tracker. This innovative tool…

Uber’s New Deal with BYD to Bring Electric Cars to Europe and Latin America

Uber and BYD have announced a significant multi-year strategic partnership that will see 100,000 BYD electric vehicles added to Uber’s ride-hailing platform, starting in Europe and Latin America. The partnership,…

Crypto Scams Persist in China Despite Ban, Shaanxi Police Detain Four Suspects

Mainland China, recognized as one of the most stringent jurisdictions regarding cryptocurrency regulation, continues to grapple with investment scams despite a comprehensive ban on most crypto activities. This ongoing issue…

Full Lyrics Access Back for Spotify’s Free Users

Spotify has recently announced that it will reinstate full lyrics access for free users, allowing them to view lyrics for any song without limitations. This change marks a reversal of…

Study Reveals How Six Dating Apps Expose User Locations to Stalkers

Belgian researchers from KU Leuven have discovered significant security vulnerabilities in six popular dating apps—Bumble, Hinge, Grindr, Badoo, Happn, and Hily—that could allow malicious users to pinpoint a user’s location…

Tesla Recalls 1.8 Million Vehicles Over Hood Detachment Risk

Tesla has recalled 1.8 million vehicles across the United States due to a risk of detached hoods, according to the National Highway Traffic Safety Administration (NHTSA). The recall affects select…

Coinbase Denies Allegations of Campaign Finance Law Violations

Coinbase, a leading cryptocurrency exchange, finds itself at the center of controversy concerning a significant political donation. The exchange’s Chief Legal Officer, Paul Grewal, has publicly refuted accusations that Coinbase…

Bybit Suspends Services in France Amid Regulatory Challenges

In a significant development on August 1, Bybit, a popular cryptocurrency exchange, announced its decision to suspend operations in France. This decision comes in response to recent actions and regulatory…

Reddit CEO Demands Microsoft Pay for Data Usage

Reddit’s CEO, Steve Huffman, has publicly demanded that Microsoft and other AI companies compensate Reddit for using its data, which they have been accessing without authorization. In a detailed interview…