DMR News
Advancing Digital Conversations
LG Display Agrees to $1.5 Billion Sale of Guangzhou LCD Plant
LG Display has agreed to sell its majority stake in a Guangzhou-based LCD plant to TCL’s CSOT division for 10.8 billion yuan ($1.54 billion). The sale covers LG Display’s 80%…
Rivian Starts Fulfilling $10M Grant Promise Made at IPO
Rivian has disclosed its first $10 million in grants through the Rivian Foundation, fulfilling a commitment made three years ago. This follows the company’s pledge to dedicate 1% of its…
Growing AI Demand May Lead to New Semiconductor Crisis
A surge in demand for semiconductors designed to power artificial intelligence systems, alongside AI-enabled smartphones and laptops, could lead to the next global chip shortage, according to a recent report…
SEC Reaches Settlement with TrueCoin and TrustToken Regarding TrueUSD Transactions
The United States Securities and Exchange Commission (SEC) has settled charges against TrueCoin and TrustToken for fraudulent and unregistered sales of investment contracts tied to the TrueUSD stablecoin. This settlement,…
DeepX and LG Join Forces to Power AI in Cars and Consumer Electronics
DeepX, a South Korean AI technology firm, has partnered with LG to bring its advanced AI chips to various industries, including mobile devices, cars, and home appliances. The collaboration is…
Bybit Targets Muslim Market with New Shariah-Compliant Crypto Offerings
Bybit, a leading player in the cryptocurrency exchange market, has unveiled new offerings tailored to align with Shariah principles, aiming to cater to the unique needs of Muslim investors. On…
Figma Relaunches AI Design Tool First Draft After Apple Controversy
Figma has relaunched its AI-powered design tool, now called “First Draft,” after pulling its original version, Make Designs, which faced criticism for closely resembling Apple’s iPhone weather app. The initial…
Philippine Agency Equips Youth with Blockchain and NFT Education
A Philippine government agency dedicated to advancing science and technology research is actively engaging young people in hands-on experiences with cryptocurrencies, blockchain technology, and non-fungible tokens (NFTs). The Department of…
PS5 Version of Palworld Launches Worldwide, Except in Japan
Palworld, the action-adventure game developed by Pocketpair, has officially launched on PlayStation 5, following a surprise announcement during Sony’s recent State of Play event. However, the game is notably absent…
Intel Boosts AI Performance with New Xeon 6 Processors and Gaudi 3 AI Accelerators
Intel has launched its Xeon 6 processors with performance cores (P-cores) and Gaudi 3 AI accelerators, aiming to enhance artificial intelligence (AI) and high-performance computing (HPC) infrastructure. The new products…
Meta Connect 2024 Recap: Quest 3S AI Updates, AR Glasses and More
Meta Connect 2024, held on Wednesday, September 25, introduced several new products and updates across virtual reality (VR), augmented reality (AR), and artificial intelligence (AI). While there wasn’t a high-end…
TikTok Music to Close Worldwide by the End of November
ByteDance has announced the global shutdown of its music streaming service, TikTok Music, effective November 28, 2024. The service, available in regions including Indonesia, Brazil, Australia, Singapore, and Mexico, will…
A Newly Emerged Firm Revives Criticism of Trump’s Presidential Campaign Expenditures
Launchpad Strategies, a company established less than a year ago, has quickly drawn attention after receiving $15 million from Donald Trump’s election fundraising apparatus. Despite its significant funding, the specifics…
New Features Arrive as Xiaomi Watch 2 Series Gets Wear OS 4
Google’s Wear OS 4 is now quietly rolling out to Xiaomi Watch 2 and Watch 2 Pro devices. Though Xiaomi hasn’t officially announced this update, users across regions like the…
OpenAI Plans Shift to For-Profit as CTO Murati Departs
OpenAI is reportedly considering restructuring into a for-profit business, while keeping its non-profit arm separate. The move, disclosed by an anonymous source, aims to simplify the company’s structure for investors…
Kraken Expands European Footprint with Acquisition of Dutch Broker BCM
Kraken, the prominent cryptocurrency exchange, has made another strategic acquisition aimed at bolstering its expansion efforts across Europe. The company recently announced the successful closing of its acquisition of Coin…
Ireland Looks to MiCA Regulations to Democratize Finance with Crypto
The European Union (EU) has emerged as a pioneering force in the global regulatory landscape for cryptocurrencies, being one of the first regions to establish a comprehensive regulatory framework for…
China ADRs surge as Beijing unveils fresh stimulus measures
U.S.-listed shares of Chinese companies surged on Tuesday following Beijing’s announcement of its largest stimulus package since the pandemic, sparking optimism about renewed economic growth. The People’s Bank of China…
League of Legends Pulled Into SAG-AFTRA Strike Over Voice Actor Rights
SAG-AFTRA has initiated a strike against League of Legends, instructing union voice actors to stop working on the game. The union also filed an unfair labor practice charge with the…
Sweden Designates Cryptocurrency Exchanges as Professional Money Launderers
The Swedish Police Authority, in conjunction with the Financial Intelligence Unit (FIU), has classified cryptocurrency exchanges as “professional money launderers (PML)” following an in-depth analysis of services offered by unlicensed…