DMR News

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Nothing Opens $5M Community Share Sale and Targets IPO Readiness Within Three Years

Consumer electronics maker Nothing has announced a $5 million community investment round that will allow its users to buy company shares at its Series C valuation of $1.3 billion, as…

YouTube Warns Australia’s Teen Ban Will Remove Parental Controls and Reduce Safety

YouTube says Australia’s new law banning under-16s from holding social media accounts will make children less safe on its platform by removing parental supervision tools when the rules take effect…

Thailand Temporarily Lifts Afternoon Alcohol Sales Ban as Tourism Push Begins

Thailand has temporarily lifted its long-standing ban on afternoon alcohol sales, allowing accredited businesses to sell alcoholic drinks between 14:00 and 17:00 as part of a six-month trial aimed at…

Prada Acquires Versace for $1.38bn in Deal Valued Below 2018 Purchase Price

Prada has acquired Italian luxury fashion house Versace for $1.38bn (£1.04bn), bringing the two historic design brands under common ownership at a price significantly lower than what Versace’s former parent…

US Appeals Court Rejects Investor Claims Against Adidas Over Kanye West Partnership

A US appeals court has sided with Adidas in a lawsuit brought by shareholders who claimed the company misled investors about risks tied to its collaboration with Kanye West before…

Meta Begins Removing Under-16 Users From Instagram and Facebook in Australia

Meta has begun removing Australian users under the age of 16 from Instagram, Facebook, and Threads ahead of a nationwide social media ban that comes into force on 10 December,…

Amazon Web Services Introduces Three AI “Frontier Agents,” Including Long-Running Coding Agent Kiro

Amazon Web Services has introduced three new artificial intelligence agents it calls “frontier agents,” including an autonomous coding system named Kiro that the company says can operate independently for hours…

Android 16 Introduces AI Notification Summaries, Deeper Customization, and New Accessibility Tools

Google is rolling out Android 16 with a set of new artificial intelligence, customization, safety, and accessibility features, while also shifting Android to a more frequent update schedule starting with…

OpenAI Faces Backlash After App Suggestions in ChatGPT Are Mistaken for Paid Ads

OpenAI has faced user criticism after ChatGPT displayed an unsolicited suggestion for the Peloton app during a conversation, prompting concerns that advertising had appeared inside the paid version of the…

Discord Enables In-Platform Purchases of Game Items Ahead of Possible IPO

Discord has introduced new commerce features that allow users to buy digital in-game items directly within the platform, a move that coincides with preparations for a potential initial public offering…

YouTube Launches First-Ever Recap for Main Video Platform

YouTube has launched its first dedicated year-end Recap for videos watched on its main platform, expanding beyond its existing YouTube Music summaries to give users a personalized overview of their…

Mixpanel Data Breach Raises Concerns After Sparse Disclosure and OpenAI Fallout

A cybersecurity incident at analytics provider Mixpanel, disclosed just hours before the U.S. Thanksgiving holiday weekend, has prompted scrutiny over the company’s limited explanation of the breach and its impact…

Valentino Faces Backlash After Posting AI-Generated Ads for DeVain Handbag

Italian luxury fashion house Valentino is facing criticism after publishing artificial intelligence-generated adverts for its DeVain handbag, with social media users describing the campaign visuals and use of AI as…

San Francisco Files Lawsuit Against Major Food Companies Over Ultra-Processed Products

San Francisco has sued ten major food and beverage companies, accusing them of knowingly producing and marketing ultra-processed foods that the city says are linked to rising rates of serious…

Michael Jordan and Team Owners Take NASCAR to Trial Over Monopoly Claims

Michael Jordan has taken NASCAR to court, accusing the motorsports organizer of operating an illegal monopoly that he and other team owners say has suppressed competition and caused major financial…

Cities Move to Curb Growing Use of Large Cars as ‘Carspreading’ Draws Public Backlash

European cities are tightening controls on large vehicles as the growing size and weight of modern cars, a trend some critics describe as “carspreading,” draws pushback from authorities and residents,…

Bank of England Flags AI-Driven Market Valuation Risks in Financial Stability Report

The Bank of England has warned that the rapid rise in artificial intelligence-focused company valuations could face a sharp market correction, as it described stock prices in both the UK…

Airbus Inspects A320 Aircraft After Supplier Panel Quality Issue Identified

Airbus has begun inspecting a limited number of A320 aircraft after identifying a supplier quality issue involving metal panels, with up to around 600 planes potentially affected, according to the…

Autism Spectrum Market Set To Reach $2B by 2034

The autism spectrum disorder (ASD) market across the seven major markets (7MM) is projected to reach $2b in 2034 at a compound annual growth rate of 18.7%, according to a…

Apple Names New AI Chief After Internal Struggles

In a carefully worded announcement on Monday, Apple said John Giannandrea, who has been the company’s AI chief since 2018, is “stepping down” and will exit after an advisory period…