DMR News

Advancing Digital Conversations

Cerebras Announces IPO Plans to Compete with Nvidia in AI Market

Artificial intelligence chipmaker Cerebras Systems has filed for an initial public offering (IPO), aiming to trade under the ticker symbol “CBRS” on the Nasdaq. The company, founded in 2016 and…

US Election Outcome Will Not Deter Q4 Bitcoin Rally, Says Hedge Fund

Bitcoin’s price is poised for a positive trajectory regardless of the outcome of the upcoming United States presidential election, according to CK Zheng, the chief investment officer of ZX Squared…

Bitcoin All-Time High Unlikely If Social Sentiment Remains Overly Optimistic

Bitcoin may not reach a new all-time high in the near future, as the sentiment in the crypto market is currently at its highest level in months, according to analysis…

Nio to Invest US$1.9 Billion in China Unit as EV Expansion Continues

Chinese electric vehicle (EV) manufacturer Nio Inc. is set to inject 13.3 billion yuan (US$1.9 billion) into its China unit through a combination of its own funds and contributions from…

Vitalik Buterin Proposes Metrics to Measure ‘Ethereum Alignment’

Ethereum co-founder Vitalik Buterin has put forth a proposal to develop a set of metrics aimed at assessing how “aligned” various projects are with the core values of Ethereum. In…

Crypto Wallet Drainer Found on Google Play for Months, Resulting in $70K Theft

IT security firm Check Point Research has revealed the existence of a crypto wallet drainer that employed “advanced evasion techniques” to operate undetected on the Google Play Store, resulting in…

CryptoQuant CEO Advocates for ‘Smart Regulation’ Amid Community Skepticism

Ki Young Ju, the CEO of CryptoQuant, has emphasized the necessity of regulation as a crucial element for the long-term growth and sustainability of Web3 and cryptocurrency. In a post…

Judge Refuses Apple’s Plea for Extra Time in Epic Document Submission

Judge Thomas S. Hixson has rejected Apple’s last-minute request to delay its deadline in a legal dispute with Epic Games, according to The Verge. Apple had been ordered to produce…

Dutch Regulator Issues Warning on Cryptocurrency Pump-and-Dump Risks Ahead of MiCA Regulation

The Dutch Authority for the Financial Markets (AFM) has issued a warning regarding the risks associated with cryptocurrency pump-and-dump schemes as new regulations loom on the horizon. With the implementation…

Former Chinese Finance Minister Calls for In-Depth Analysis of Cryptocurrency Following US Bitcoin ETF Developments

During a recent address at the 2024 Tsinghua Wudaokou Chief Economists Forum in Beijing, former Chinese finance minister Lou Jiwei emphasized the necessity for China to critically assess the evolving…

Governor Newsom Rejects AI Bill Designed to Prevent Harm

California Governor Gavin Newsom has vetoed SB 1047, a proposed law designed to regulate AI systems and prevent potential disasters caused by the misuse of artificial intelligence. This bill, which…

Micron’s Impressive Forecast Sparks Global Chip Market Rally

Global chip stocks saw a significant rally on Thursday following U.S. semiconductor maker Micron’s revenue guidance, which surpassed market expectations. Micron projected revenue of $8.7 billion, plus or minus $200…

X Must Pay $1.9M Fine to End Brazil Ban

X, previously known as Twitter, may soon be allowed to operate again in Brazil, but only if it pays an additional fine of 10 million reais (about $1.9 million). This…

CATL Confirms Small Disruption After Battery Plant Fire in Ningde

China’s Contemporary Amperex Technology Co. Ltd. (CATL) announced that a fire at its battery factory in Fujian province has caused limited disruption to production, with a relatively small number of…

Trump Highlights Hurricane Helene in 2024 Election Campaign

Former President Donald Trump is strategically incorporating Hurricane Helene into his 2024 campaign narrative, leveraging his planned visit to the storm-stricken, pivotal state of Georgia as a critique against the…

Fire investigation begins at Tata factory making Apple iPhone parts in India

Indian authorities are preparing to conduct a forensic investigation following a fire at the Tata Electronics factory in Hosur, Tamil Nadu, which manufactures components for Apple iPhones. The fire broke…

California Passes Law to Shield Child Influencers from Exploitation

California has enacted new legislation to protect minors featured in online content, expanding the scope of the 1939 Coogan Law to address the rise of child influencers. Gov. Gavin Newsom…

Alibaba and Tencent Surge as Beijing Stimulus Boosts Tech Stocks to 13-Month High

Chinese tech stocks saw a notable surge this week, with companies like Alibaba and Tencent hitting levels not seen in over a year. This rally comes on the heels of…

Mark Cuban Eyes SEC Leadership Role in Potential Harris Administration

Billionaire entrepreneur Mark Cuban has expressed interest in leading the United States Securities and Exchange Commission (SEC) or possibly the Department of Health and Human Services (HHS) should Kamala Harris…

Google and Roblox Launch New Game to Teach Internet Safety

Google has partnered with Roblox to launch a new gaming world designed to teach kids how to navigate the internet safely. The initiative, called Be Internet Awesome World, introduces players…