DMR News
Advancing Digital Conversations
India’s Antitrust Probe Finds Zomato and Swiggy Favored Select Restaurants
India’s antitrust regulator has found that food delivery giants Zomato and Swiggy engaged in practices that breached competition laws by favoring select restaurant partners, according to documents from the Competition…
Bitcoin Market Capitalization Reaches $1.6 Trillion
As of November 11, Bitcoin’s total market capitalization has soared to an unprecedented $1.62 trillion, marking a significant milestone since its inception in 2009. This record high has been supported…
FTX Bankruptcy Estate Sues Binance and Changpeng Zhao for $1.8 Billion
The FTX bankruptcy estate is actively pursuing legal actions as part of its ongoing bankruptcy proceedings, which now include a significant lawsuit against the cryptocurrency exchange Binance and its former…
Coinbase Introduces ‘Stand With Crypto’ Advocacy Group in Australia
The Coinbase-backed advocacy group, Stand With Crypto, has launched its Australian branch as part of a strategic push to foster a regulatory environment favorable to cryptocurrency in the country. This…
Elon Musk’s X Moves All Legal Fights to Conservative Texas Court District
Elon Musk has set up his social media platform, X, to handle lawsuits in the Northern District of Texas — a federal court district known for its conservative-leaning judges, as…
Crypto Greed Index Reaches Seven-Month Peak as Bitcoin Climbs Above $81,000
On November 10, the Crypto Fear & Greed Index, a barometer for sentiment in the Bitcoin and broader cryptocurrency markets, soared to its highest level in nearly seven months, hitting…
Ethereum Reaches $3,200, Exceeding Bank of America in Market Capitalization
On November 10, Ethereum reached a milestone, with its price hitting $3,200, marking its highest value since August. This surge comes as Bitcoin also climbs, surpassing $79,000 following Donald Trump’s…
Tom Homan Named as Trump’s Border Czar for Upcoming Administration
Donald Trump, following his recent presidential election victory, declared late Sunday that Tom Homan will serve as the border czar in his administration. Homan, the former acting director of U.S.…
Sony’s Profit Leaps 73% with Boost from Gaming Sector
Sony Group Corp. reported a significant rise in operating profit for the July-September quarter, driven largely by its game and network services sector, which helped mitigate reduced revenue from TV…
Nintendo Sues Streamer for Pirating Games Ahead of Release
Nintendo has filed a lawsuit against a Colorado-based streamer, Jesse Keighin—better known as EveryGameGuru—for allegedly pirating and streaming its games before their official release dates. The lawsuit claims Keighin went…
This Robot Is Too Fast to Beat at Rock-Paper-Scissors
Computers have taken on humans in games before, but Mark Rober’s new robot takes competition to another level, claiming an unbeatable record in the classic game of rock-paper-scissors. As reported…
ASML Resolves Global IT Outage Amid Heightened Scrutiny Over China Sales
ASML, the Dutch semiconductor equipment maker, has resolved a global IT systems outage that affected operations on Friday. The company confirmed that “all systems are fully recovered,” although the cause…
Inside Gen Z’s Most Downloaded Apps of 2024
Gen Z’s favorite apps of 2024 reveal a lot about what this generation values in the digital space. In an analysis by app intelligence firm Appfigures, which TechCrunch shared, we…
China Prepares for Trump’s Policies with Boosted Chip Equipment Purchases
China’s semiconductor sector is bracing for another challenging period under Donald Trump by accelerating its purchase of foreign chipmaking equipment and exploring alliances with international partners. Anticipating stricter U.S. trade…
US Orders TSMC to Halt AI Chip Shipments to China
The United States has directed Taiwan Semiconductor Manufacturing Co. (TSMC) to suspend shipments of advanced chips to Chinese companies, primarily those used in artificial intelligence applications, effective Monday, according to…
Microsoft’s Outlook Now Has AI Themes That Can Change with the Weather
Microsoft’s latest update brings a bit of flair to your inbox. Outlook users with Copilot Pro or business accounts can now personalize their email experience with new AI-generated themes. This…
Ethereum Invests Nearly Half a Billion Dollars in Ecosystem Projects Over Two Years
The Ethereum Foundation‘s commitment to nurturing its ecosystem is palpable, with the foundation’s 2024 annual report highlighting the deployment of nearly $500 million towards various projects in 2022 and 2023.…
China’s SMIC Sees Overcapacity Extending to 2025 with Limited New Investments
China’s largest chipmaker, Semiconductor Manufacturing International Corp (SMIC), cautioned Friday that the mature node chip market would remain oversupplied until at least 2025, signaling a restrained approach to capacity growth.…
Detroit to Enable Crypto Payments for Taxes and City Fees Starting Mid-2025
In a bid to embrace digital transformation and foster a tech-friendly ecosystem, Detroit has announced that by mid-2025, its residents will be able to pay their taxes and other city…
Nvidia Reaches Historic $3.6 Trillion Market Value After Trump Election Win
Shares of Nvidia surged to a record high on Thursday, marking a historic milestone as the chipmaker became the first company to surpass a $3.6 trillion market capitalization. This achievement…