DMR News

Advancing Digital Conversations

Terraform Labs Advocates for $1M Fine in SEC Lawsuit, Opposes Disgorgement

Terraform Labs and its co-founder, Do Kwon, are embroiled in a significant legal battle with the United States Securities and Exchange Commission (SEC). Following a jury verdict that found them…

China’s Gaming Regulator Issues Licenses to 95 New Titles in April

China’s National Press and Publication Administration (NPPA) has authorized the release of 95 new video games in April, the smallest number so far in 2024. This month’s approved titles include…

Meta tests its innovative AI chatbot on WhatsApp, Instagram, and Messenger in India and Africa.

Meta, formerly Facebook, has embarked on a significant initiative to introduce its Meta AI chatbot to users in emerging markets such as India and Africa. This effort aligns with Meta’s…

ConsenSys Challenges SEC, Seeks Court Decision Declaring Ethereum Not a Security

ConsenSys, a pivotal figure within the Ethereum ecosystem, has initiated a legal battle against the U.S. Securities and Exchange Commission (SEC) by filing a lawsuit in a Texas federal court.…

Lawsuit Filed Against Meta for False Celebrity Endorsements in Investment Advertisements

Four individuals have initiated legal proceedings against Meta Platforms Inc.’s Japanese subsidiary for allegedly allowing fraudulent investment advertisements featuring counterfeit celebrity endorsements on its platforms, Facebook and Instagram. The lawsuit,…

Exponent Energy introduces 15-minute charging for passenger three-wheelers in India

In a monumental step towards electrification, India is set to welcome the Stream City Qik, an electric three-wheeler passenger vehicle capable of charging from 0 to 100% in just 15…

Aligned Layer Garners $20M in Series A Funding to Enhance ZK Proofs on Ethereum

The Ethereum blockchain, a cornerstone of the cryptocurrency world, is on the brink of an efficiency transformation with Aligned Layer’s latest financial injection aimed at enhancing Zero-Knowledge (ZK) proofs, a…

No Salary, No Problem for Spotify’s Daniel Ek With $178 Million in Sales

Spotify CEO Daniel Ek and other top executives at the company have been capitalizing on the surging share price of the streaming giant, resulting in substantial financial gains for them…

Cobot proudly reveals innovative non-humanoid robots, announces $100M Series B.

The burgeoning field of robotics, traditionally dominated by applications in heavy industry and scientific research, is experiencing a significant shift as startups like Sunnyvale, California’s Collaborative Robotics, commonly known as…

Drive Revenue Growth with These Subscription Marketing Strategies

Subscription services are gaining momentum in various industries, offering businesses a reliable revenue stream and fostering customer loyalty. Marketing these services entails unique challenges compared to one-time purchases. To navigate…

How To Reverse A Mistake While In Its Midst

Ever wondered how to reverse a mistake in the middle of it? We’ve all been there – that sinking feeling when you realize an error mid-action. But fear not, as…

Navigating the Future: U.S. Stablecoin Legislation and Its Impact on Banks and Global Issuers

The introduction of the Payment Stablecoin Act to the United States Senate represents a significant legislative effort aimed at regulating the stablecoin market. This move has the potential to reshape…

Apple and OpenAI in Talks for Chatbot Integration in iOS 18

Apple is reportedly enhancing its collaboration with OpenAI to possibly integrate OpenAI’s technologies into iOS 18, as part of its broader strategy to bolster AI capabilities on the iPhone. This…

AMD and Intel shares fall after China orders removal of foreign chips

Shares of major U.S. semiconductor companies, Advanced Micro Devices (AMD) and Intel, experienced a sharp decline on Friday following a report by The Wall Street Journal. According to the report,…

39% of Canadian Institutional Investors Now Hold Crypto Assets, Reports KPMG

In recent years, the cryptocurrency market has matured significantly, attracting not only retail investors but also substantial interest from institutional players. According to a recent survey by KPMG, there has…

OpenAI Faces New GDPR Complaint in EU

OpenAI is currently facing another privacy complaint in the European Union, this time initiated by the privacy rights nonprofit noyb, which represents an unnamed public figure. The complaint, filed with…

Japan aims to regain its technological advantage through international collaboration.

In an ambitious bid to recapture its prominence in the global technology arena, Japan is embracing sweeping investments from both domestic and international giants. These ventures aim to position the…

U.S. Arrests William Morro in Connection with the OneCoin Cryptocurrency Fraud

The OneCoin crypto scheme remains one of the most notorious financial scandals, leaving a significant mark in the annals of financial crimes. The latest development involves the U.S. Justice Department’s…

Edonia Secures €2M Investment to Develop Microalgae-Based Ground Meat Alternative with Reduced Bitterness

Edonia, a Paris-based startup, has successfully secured a €2 million investment to enhance its production of plant-based meat alternatives using microalgae, addressing the global challenge of sustainable food production. The…

JD.com Enhances Video Content Offering with $138 Million Cash Incentive Program

In a strategic bid to assert its dominance in the burgeoning live-stream shopping market, JD.com, a behemoth in China’s e-commerce domain, has unveiled an audacious cash incentive program valued at…