DMR News
Advancing Digital Conversations
US Sanctions Iran and Russia for Election Interference with AI Disinformation
The United States has sanctioned Iranian and Russian groups for attempting to interfere in the 2024 elections using disinformation campaigns powered by artificial intelligence. Announced Tuesday by the Treasury and…
Singapore’s Strategic Moves Position It as Asia’s Next Major Cryptocurrency Hub
Singapore‘s burgeoning status as a pivotal center for Web3 and cryptocurrency firms is set to solidify, bolstered by a regulatory environment that favors innovation. In 2024, the Monetary Authority of…
Chinese EV Maker Xpeng Targets 6,000 New Hires in 2025
Xpeng, the Chinese electric vehicle manufacturer, is gearing up to hire over 6,000 new workers in 2025. This ambitious expansion comes as the company braces for heightened competition in the…
Persistent Illegal Crypto Advertising Challenges UK Regulatory Efforts
Despite intensified efforts by the UK’s Financial Conduct Authority (FCA) to regulate the digital asset space, illegal cryptocurrency advertisements continue to pervade the United Kingdom. The Financial Times reported that…
Chinese Tech Rivalry Grows as Alibaba Slashes AI Model Prices
Alibaba announced significant price reductions of up to 85% for its large language models (LLMs), signaling intensifying competition among Chinese tech giants in the artificial intelligence space. The price cuts…
China Implements Stricter Forex Rules to Monitor Crypto Transactions
China’s foreign exchange regulator has introduced stringent forex regulations that compel banks to intensify scrutiny of risky trades, particularly those involving cryptocurrencies. Reported by the South China Morning Post on…
Nvidia Adds $2 Trillion in Market Value in 2024
Nvidia surged to the forefront of market capitalization gains in 2024, with its value climbing over $2 trillion, driven by unprecedented demand for its AI-focused chips. The company’s market value…
Alipay Adds AI Image Search to Expand Its Super App Capabilities
Alipay has rolled out a new artificial intelligence-powered image search feature, solidifying its status as a leading super app in China. This feature, known as “Tanyixia” or “do a little…
ByteDance Reportedly Finding Loopholes to Acquire Nvidia Chips Despite U.S. Restrictions
ByteDance, the parent company of TikTok, reportedly plans to spend $7 billion on Nvidia AI chips in 2025. According to The Information, the move could position ByteDance as one of…
IRS Temporarily Suspends Automatic FIFO Rule for Crypto Transactions
The U.S. Internal Revenue Service (IRS) has provided temporary relief from a rule that would have automatically assigned a potentially disadvantageous accounting method for cryptocurrency holders on centralized exchanges. Previously,…
Hive Digital to Relocate Headquarters to Texas Amid Favorable Crypto Climate
Hive Digital Technologies, a prominent Bitcoin mining firm, announced on December 31 its plans to relocate its headquarters from Vancouver, Canada, to Texas, motivated by the incoming Trump administration’s supportive…
Beijing Plans to Boost Driverless Vehicle Adoption in the Capital
China’s capital, Beijing, is setting the stage for a driverless future. On December 31, the city passed regulations to promote autonomous driving technology, aiming to eventually introduce driverless public buses…
Las Vegas Explosion Near Trump Hotel Linked to Fireworks in Cybertruck, Leaves One Dead and Seven Injured
A Tesla Cybertruck explosion outside the Trump International Hotel in Las Vegas early New Year’s Day left one person dead and seven others injured, Las Vegas Metropolitan Police Department (LVMPD)…
Push to Include Bitcoin in Swiss National Bank’s Reserves Gains Momentum
On the last day of December, the Swiss Federal Chancellery began processing a significant proposal that, if successful, could integrate Bitcoin into the Swiss National Bank‘s (SNB) strategic reserves. This…
UK Antitrust Watchdog Investigates IBM’s HashiCorp Acquisition
The UK’s Competition and Markets Authority (CMA) has launched a formal review of IBM’s proposed $6.4 billion acquisition of cloud software provider HashiCorp. The investigation aims to assess whether the…
Potential Conflicts Abound as Billionaires Populate Trump’s Administration
President-elect Donald Trump is assembling an administration filled with billionaires and industry magnates, a move that brings considerable business acumen but also a host of potential conflicts of interest. This…
Apple TV+ Offers Free Streaming This Weekend
Apple TV+ will be free to stream worldwide from January 3 to January 5, giving viewers a chance to explore its catalog of original series and films without a subscription.…
Samsung Electronics Takes Majority Stake in Rainbow Robotics
Samsung Electronics has secured the largest shareholder position in Rainbow Robotics, a South Korean robotics company, as revealed in a regulatory filing on Tuesday. The tech giant acquired a 267…
Major Price Reductions on Huawei’s Premium Devices Shake Up Competition
Huawei Technologies has made aggressive price cuts on a range of high-end devices, including smartphones, foldable phones, tablets, headphones, and smartwatches. The reductions, announced via the company’s official Weibo account…
BYD Factory in Brazil Faces Human Trafficking Controversy
Brazilian labor authorities have alleged that 163 Chinese workers at a construction site for a BYD factory in Bahia are victims of human trafficking. The claims have escalated tensions surrounding…