The Daily Upside

Advisor Upside

Breakaway Advisors Say Going Indie Was Worth It: Schwab

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Going independent can be daunting, but the majority of advisors say the decision turned out to be the right one, according to the survey.

3 min read
Technology

The DOJ is Coming After Adobe’s Subscription Business

Photo via Connor Lin / The Daily Upside

Adobe got slapped Monday with a lawsuit from the Department of Justice over its allegedly deceitful practices in its subscription business.

2 min read
Artificial Intelligence

India Goes After AI Investment

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India’s warm welcome to AI firms sets it apart from other large economies with slightly more restrictive regulatory approaches.

2 min read
Banking

Big Banks are Falling in Love with Mid-Sized Companies

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Wall Street’s biggest banks are increasingly working with mid-sized companies — much to the chagrin of mid-sized and boutique banks.

2 min read

Patent Drop

Honda Pushes Forward with EV Production, Patents Despite Demand Plateau

Photo via U.S. Patent and Trademark Office

A patent from Honda seeks to make EV charging cheaper and better for the environment.

2 min read
Blockchain

Crypto’s Revival Has Been a Boon for Startups

Image Credit: iStock, Chinnapong

In this year’s first quarter, venture investments rose to $2.4 billion, up from $1.9 billion raised in the fourth quarter of 2023.

1 min read
Banking

Chase, PayPal Digital Ad Gambits Bring New Privacy Worries

Photo by Jan van der Wolf via Pexels

Unlike making a purchase on Amazon or eBay, financial transaction data gives a more complete profile picture.

2 min read
Media & Entertainment

Summer Concert Season Isn’t Delivering for Big-Name Artists

Image Credit: iStock, 9parusnikov

2 min read

Patent Drop

Oracle Seeks AI Automation Patent As Cloud Demand Grows

Photo via U.S. Patent and Trademark Office

Oracle is readying for AI success as demand for cloud services continues to skyrocket.

2 min read
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

Photo by Nick Sarvari via Unsplash

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

Photo by ARRC Photography via CC BY-SA 2.0

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’

Image Credit: iStock, krblokhin

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

Photo by Carles Rabada via Unsplash

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

Advisor Upside

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

OpenAI Teams Up With Amazon for Even More Computing Power

Photo via Leonie Asendorpf/dpa/picture-alliance/Newscom

2 min read
Kimberly-Clark Takeover Offers $48 Billion of Pain Relief to Tylenol-Maker Kenvue

Photo via Michele Eve Sandberg/Sipa USA/Newscom

2 min read
Unease About Warren Buffett’s Retirement Overshadows Berkshire Earnings Beat

Photo via Lu Beifeng/VCG/Newscom

2 min read

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