The Daily Upside

Banking

Banking’s Fantastic Four Grab a Bigger Share of Industry Profits

(Photo by Kenny Eliason on Unsplash)

Of the roughly 4,400 operating banks in the US, nearly half of all banking profits in the third quarter came from just four.

2 min read
Patent Drop

Adobe May Add Face Swapping Tools to its AI Arsenal

Photo by Onur Binay on Unsplash.

The company’s latest patent could have implications for training image generating AI without the copyright issues.

2 min read
Patent Drop

Microsoft’s Automatic Data Center Patent Could Take on AWS

Photo by Brett Sayles on Pexels

Microsoft’s patent to sublet data centers close to the source could surpass the physical barriers that cloud innovation faces.

3 min read
Blockchain

Former FTX Execs Hope You Forget Their Old Employer

(Photo Credit: Traxer/Unsplash)

A group of former FTX employees, who were key witnesses in Sam Bankman-Fried’s fraud trial, are planning to launch a new crypto exchange.

1 min read

Inflation & Prices

Low-Wage Workers Are Losing Their Leverage

(Photo Credit: Dan Burton/Unsplash)

Thanks to high demand for low-paying jobs in recent years, workers had plenty of leverage for bigger salaries and better perks.

2 min read
Big Tech

Tech Giants Win Regulatory Case in EU, But Tax Clouds Loom

(Photo by Chris Nagahama on Unsplash)

Meta, Google, and TikTok successfully argued that individual European countries can’t cook up their own laws for large digital platforms.

1 min read
Media & Entertainment

AMC Swung to a Profit, Still Needs More Cash

(Photo by Donreál Lunkin on Unsplash)

AMC, the world’s largest movie theater chain, said Thursday that it filed to offer up to $350 million of stock.

1 min read
International Economics

Japan’s Central Bank Has an Unusual Foe: Inflation

(Photo by Jezael Melgoza on Unsplash)

After decades of trying — and failing — to stoke inflation, Japan has finally been gifted steadily rising prices.

2 min read

Patent Drop

Apple Could Use Generative AI to Visualize Your Feelings

Photo by Blocks Fletcher on Unsplash

The tech further adds to the company’s reported investment in generative AI, and shows that it wants to build up its health tech even further.

3 min read
Industrials

American Airlines Is Trying to Poach All the Industry’s Pilots

(Photo by Ross Sokolovski on Unsplash)

To combat a crippling pilot shortage, PSA Airlines is dangling bonus packages worth $250,000 to lure pilots.

1 min read
Healthcare

Amazon Offers Prime Members a Discount For its Posh Healthcare Service

(Photo by Impuls Q on Unsplash)

Amazon said Wednesday it plans to offer Prime subscribers low-cost annual memberships to its boutique One Medical primary care business.

1 min read
Patent Drop

Intel’s Attention-Tracking Patent Could Be a Privacy Problem

Photo by Jordan Harrison on Pexels

While Intel pitches this as a way to save power, it could have greater privacy implications depending on what it tracks.

2 min read

Media & Entertainment

Disney, Warner Bros. Keep White-Knuckling the Linear TV Churn

(Photo by Chase Yi on Unsplash)

It’s still a tumultuous time to be a major media conglomerate, Disney and Warner Bros. Discovery’s earnings reports’ show.

2 min read
Patent Drop

Nvidia’s Two-Model System Could Make AI Less of a Power Drain

Photo by Nvidia Media Assets

The company is seeking to patent a system which uses a general purpose AI model to create training data for a task-specific one.

2 min read
OP-ED | Power Corridor

How Executives Navigate the Outrage Treadmill

Earlier this year, the town of Easthampton, Mass., made international headlines over an executive search for a new superintendent.

6 min read
Real Estate

Private Equity Giant Starts a Vacation-Rental Side Hustle

(Photo by Allison Huang on Unsplash)

TPG, a San Francisco-based investment firm, has begun purchasing single-family homes in Florida tourist destinations.

2 min read
Consumer

Nestlé Pours $100 Million into Food Delivery Startup Wonder Group

(Photo by James Frid on Pexels)

Nestlé is investing $100 million into Wonder Group, Marc Lore’s food-truck-turned-regular food delivery startup.

1 min read
Technology

ByteDance Is Scaling Back its VR Ambitions

(Photo by JE Shoots on Unsplash)

ByteDance is undergoing a sweeping restructuring and scaleback of its VR division, according to a Financial Times report on Tuesday.

1 min read
Media & Entertainment

Money Talks: The NCAA’s NIL Era is Already Evolving

(Photo by Jacob Rice/Unsplash)

This is the third school year of the NCAA’s NIL era, granting student-athletes the right to benefit from their Name, Image, and Likeness.

6 min read
Patent Drop

Google’s Smart Speakers May Add to Global Data Melting Pot

Photo by Daniel Romero on Unsplash

Google wants its smart speakers to learn from their mistakes. The company’s latest patent reveals plans for its devices to take feedback.

3 min read

Advisor Upside

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

America’s Anduril Among Potential Winners of NATO Breakthrough

Photo via Stan Sholik/ZUMAPRESS/Newscom

2 min read
BYD Downshifts Production into First Gear

Photo by Joshua Fernandez via Unsplash

2 min read
SEC Seeks to Rev Up ‘Engine of Growth’ by Loosening Corporate Disclosure Rules

Photo by Arpan Parikh via Pexels

2 min read

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