DMR News
Advancing Digital Conversations
China Welcomes Tesla and HSBC in New Telecom Service Pilot
Tesla and HSBC are leading the way in a new pilot programme launched by China that allows foreign firms to independently operate data centres and provide telecom services. The programme,…
Ethereum’s ‘Verge’ Upgrade to Enable Node Operations on Phones and Smartwatches
Ethereum is gearing up for a significant transformation with its upcoming “The Verge” upgrade, which aims to enhance the network’s security and accessibility. Vitalik Buterin, co-founder of Ethereum, has highlighted…
LinkedIn Fined €310 Million by EU for Data Privacy Violations
LinkedIn has been fined €310 million ($335 million) by Ireland’s Data Protection Commission (DPC) for improperly using members’ personal data in targeted advertising, a violation of the European Union’s General…
UK Regulator Launches Formal Investigation into Alphabet’s Anthropic Investment
The UK’s Competition and Markets Authority (CMA) has begun a formal investigation into Alphabet’s $2.3 billion investment in Anthropic, an AI startup known for its Claude chatbot. The CMA is…
Nvidia Strengthens AI Presence in India with New Partnerships
Nvidia is entering into a series of strategic partnerships with Indian companies to deploy its AI chips and technology, strengthening its presence in a key growth market. The U.S. chip…
Nvidia CEO Confirms Design Flaw in Blackwell Chips is Fixed
Nvidia’s CEO, Jensen Huang, announced on Wednesday that a design flaw in the company’s latest Blackwell AI chips, which had affected production, has been resolved. The fix came with the…
CharacterAI and Google Sued After Teen’s Death Connected to Chatbot
A lawsuit has been filed against Character.AI, its founders Noam Shazeer and Daniel De Freitas, and Google, following the death of a 14-year-old Florida boy, Sewell Setzer III. The lawsuit,…
Apple and Goldman Sachs Face $89 Million Fine Over Mishandling Apple Card Disputes
Apple and Goldman Sachs have been fined $89 million by the Consumer Financial Protection Bureau (CFPB) for mishandling Apple Card transaction disputes and misleading customers about interest-free payment options. The…
President Biden Set to Formally Apologize for Historic Indian Boarding School Policies
In a historic gesture of reconciliation, President Joe Biden is scheduled to deliver a formal apology for the U.S. government-run boarding school system that forcibly separated Native American children from…
Chinese Companies Quietly Advance Autonomous Vehicle Testing on U.S. Roads
Chinese companies have been testing autonomous vehicles (AVs) in the U.S. for several years as part of their aggressive push to develop advanced driverless car technology. Major Chinese firms such…
Navigating the Crypto Landscape: Japan’s Conservative Stance on ETFs and Regulation
Japan remains cautious about integrating cryptocurrency-based exchange-traded funds (ETFs) into its financial ecosystem, contrasting with the proactive stances of other global economies like the United States and Hong Kong. This…
Bitcoin Struggles to Break $67K Despite Rising Interest from Retail and Institutional Investors
Bitcoin’s price remains stubbornly below the $67,000 mark despite significant interest from both retail and institutional investors. As of October 23, 2024, Bitcoin is trading at $66,432, reflecting a slight…
Tech Titans Bet Big on Augmented Reality: Meta, Snap, and More
Meta and Snap are investing billions in augmented reality (AR) technology, aiming to revolutionize digital interaction despite being years away from consumer-ready products. Meta has unveiled its ambitious AR prototype,…
Crypto Exchanges Should Bear the Brunt of Security, Not Users
At the recent Blockchain Life event held in Dubai, industry professionals deliberated on the distribution of security responsibilities within the cryptocurrency sector. Vugar Usi Zade, Chief Operating Officer at Bitget,…
IBM stock falls after third-quarter revenue disappoints Wall Street
IBM shares dropped by 3% in after-hours trading on Wednesday following the company’s third-quarter earnings report, which revealed lower-than-expected revenue from its consulting and infrastructure segments. While IBM’s adjusted earnings…
Chainlink Partners with Swift to Bridge Blockchain Payments with Traditional Finance
Chainlink, a leading provider of decentralized oracles, is set to revolutionize financial transactions by introducing a new blockchain payment solution tailored for the financial sector. In a strategic collaboration with…
Allegations of North Korean Involvement Rock Cosmos Ecosystem
In an unsettling revelation, Jacob Gadikian, a developer within the Cosmos ecosystem, disclosed on X that North Korean programmers might have been involved in the development of Cosmos’ Liquid Staking…
Tesla Plans to Launch More Affordable EVs in 2025
Tesla reaffirmed its commitment to launching more affordable electric vehicles (EVs) in early 2025, according to its third-quarter earnings report. The company reiterated that it is preparing to introduce new,…
SK Hynix Posts Record Gains Thanks to Generative AI Demand
SK Hynix, one of the world’s largest memory chipmakers, reported a record quarterly profit for the third quarter, driven by the surging demand for high bandwidth memory (HBM) used in…
FTC’s Ban on Fake Online Reviews Officially Begins
A federal ban on fake online reviews is now in effect, marking a significant shift in online commerce practices. The Federal Trade Commission (FTC) has prohibited the creation, sale, and…