The Daily Upside

Patent Drop

Adobe Adds to AI Image Editing, Generation Patents

Photo via U.S. Patent and Trademark Office

Adobe said last week that it would overhaul its terms of service and clarified that it will not train AI using customer data.

2 min read
Industries

When Will the Future Cities Get Here?

Photo illustration by Connor Lin / The Daily Upside, Photos via NEOM Newsroom, Dan Lundberg via CC BY-SA 2.0, Palácio do Planalto via CC BY 2.0, and Loriski via CC BY-SA 3.0

We check in on two planned smart cities in Saudi Arabia and Guyana to see if the future is any closer to arrival.

5 min read
Advisor Upside

Wells Fargo Fires Employees for Pretending to Work

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Wells Fargo said the allegations involved “simulation of keyboard activity” that created the “impression of active work.”

2 min read
Consumer

Honor Jumps into the Flip Phone Game to Top the Likes of Samsung and Apple

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With top Chinese phone maker Honor releasing its first vertical flip phone this week, is the foldables market making a comeback?

2 min read

Regulation

Oil and Corn Companies Team Up to Challenge EPA

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Dozens of oil and plant-based fuel companies are joining forces to mount a legal war against the EPA’s new emissions standards.

2 min read
Big Tech

Amazon Strikes Big South America Telcom Deal for its Satellite Business

Photo by Fran Werner via Pexels

On Thursday, Amazon’s Project Kuiper announced a deal with South American telecom company Vrio to provide internet to seven countries.

2 min read
Advisor Upside

Fidelity Wins Latest Battle in ETF Fee War

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Fidelity is making good on a promise to impose a new fee for companies looking to feature ETFs on its platform. Issuers are not impressed.

2 min read
Advisor Upside

SEC Takes Aim at ‘AI washing’

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New SEC lawsuits are aiming to address the dangers that AI may pose to investors.

3 min read

Patent Drop

Amazon AI Alexa Patents Highlight Data Collection Domino Effect

Photo of Amazon’s multi-session context patent via U.S. Patent and Trademark Office

Two patents from Amazon signal Big Tech’s desire to give consumers the benefits of AI by getting under their skin.

2 min read
Big Tech

AI Sends Apple’s Share Price Soaring

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Two days after Apple unveiled its wave of artificial intelligence systems, the tech giant witnessed a massive share price rally.

2 min read
Patent Drop

IBM Patent Signals Big Tech’s Growing Focus on AI Wearables

Photo via U.S. Patent and Trademark Office

IBM’s latest patent wants to give you the right tool for the job.

2 min read
Semiconductors

The G7 Wants to Get Involved with Semiconductors and Subsea Cables

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The Group of Seven countries are forming a group that will rejigger the semiconductor supply chain and lay out new subsea internet cables.

2 min read

Patent Drop

Snap May Be Eyeing an AI Comeback

Photo via U.S. Patent and Trademark Office

Snap could use AI to create more engaging experiences and “significantly strengthen Snap’s standing as a legitimate content platform.”

2 min read
Inflation & Prices

Will Cooling Inflation Spur a Fed Pivot?

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Inflation cooled in May. So why isn’t the Federal Reserve slashing interest rates yet like other wealthy countries have done?

2 min read
Media & Entertainment

Warner Bros. Discovery Scores French Open Broadcast Rights

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After likely losing NBA rights, Warner Bros. Discovery scooped up the US broadcast rights to the French Open.

1 min read
Artificial Intelligence

Argentina Sets Itself Up as a Mecca for AI Deregulation

Photo by Presidency of Armenia via CC BY-SA 3.0

In an interview with the Financial Times, an Argentinian presidential advisor said the country wants to welcome AI companies with open arms.

2 min read
Inflation & Prices

Small Businesses Feel the Pinch of Higher-for-Longer Interest Rates

Photo by Federal Reserve Board of Governors via Public Domain Mark 1.0

As the prospect of higher-for-longer continues to sink in, small businesses are beginning to feel the pinch, per Bloomberg.

2 min read
Markets

Midday Market Brief: Wait and See

Photo illustration by Connor Lin / The Daily Upside

Stocks are mostly stuck in neutral as investors await two key pieces of data on Wednesday.

1 min read
Healthcare

Moderna Pins Hopes on Combined Flu and Covid Jab

Photo by Baltimore County Government via Public Domain Mark 1.0

A recent trial showed its new 2-for-1 injection was more effective on both illnesses than existing individual shots.

1 min read
International Economics

Europe’s Disruptive Election Rocked the Region’s Markets

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Europe’s various far-right parties increased their control of the EU’s parliament to 25% from the roughly 20% since elections in 2019.

1 min read

Advisor Upside

Financial advisor news, market insights, and practice management essentials.

Nelson Peltz Says $7B Take-Private Bid Would Let Janus Henderson ‘De-Risk’

Photo via Kris Tripplaar/Sipa USA/Newscom

2 min read
Keurig Dr Pepper’s Shares Fizz Amid Private Equity Cash Infusion

Photo via RICHARD B. LEVINE/Newscom

1 min read
Qualcomm Makes a Play for AI Chip Market Dominated by Nvidia, AMD

Photo via Pradeep Gaur/ZUMAPRESS/Newscom

2 min read

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