The Daily Upside

Economics

Is the US Seeing a Startup Boom?

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After a slump through the latter half of the last decade, the US is experiencing a startup tsunami, according to The Economist.

2 min read
Consumer

Uber’s Behavior Prediction Model May Come With Privacy Problems

Photo via U.S. Patent and Trademark Office

Uber wants to know how you feel before you even get into your ride.

2 min read
Patent Drop

Microsoft Patent Could Broaden Large Language Models’ Horizons

Photo via U.S. Patent and Trademark Office

Microsoft wants its language models to be a little more adaptable.

2 min read
Energy

Can We Solve Climate Change by Suing Polluters?

Photo illustration by Connor Lin / The Daily Upside

Climate litigation is rapidly transforming to offer the promise of big victories and big cash prizes for lawyers.

6 min read

Regulation

Regulators Look to Expand Whistleblower Reward Programs

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In its 2023 full-year report, the SEC Office of the Whistleblower said it received 18,354 whistleblower tips, a 49% increase from 2022.

1 min read
Social Media

TikTok to Start Labeling AI-Created Content

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The platform says it plans to identify and label content created by other AI tools, like Adobe’s Firefly and OpenAI’s Dall-E.

2 min read
International Economics

Europe Wants to Fix Its Widening Productivity Gap With the US

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European productivity has increased only about 20% since 2000, about one-third the rate of the US.

2 min read
Patent Drop

Google Wants to Use Machine Learning to Keep AI Data Unbiased

Photo via U.S. Patent and Trademark Office

The company’s latest filing adds another solution to several aiming to tackle the ever-present issue of bias at the source.

2 min read

Patent Drop

Honda May Bet on Carbon Removal to Clean its Factories

Photo via U.S. Patent and Trademark Office

Honda may be placing its hopes on carbon capture to reach bold net-zero goals – despite the tech’s high price tag.

2 min read
Consumer

Uber Takes a U-Turn Back to Unprofitability

Photo by Ilya Plekhanov via CC BY-SA 4.0

A $721 million loss from equity investments in other companies pulled the entire company down to an overall loss of $654 million.

1 min read
Electric Vehicles

EV Big Rigs Are Getting Too Expensive for Trucking Customers

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EVs cost double to operate, can travel half as far, and require recharging, which isn’t ideal for an industry operating on thin margins.

2 min read
Geopolitics

US Mulls Export Bans on AI Software to China

Photo via Connor Lin / The Daily Upside

The US worries that models like ChatGPT could allow China to launch cyberattacks or even design biological weapons.

2 min read

Patent Drop

IBM’s Coding Companion Patent Adds to the Sea of AI-based Developer Tools

Photo via U.S. Patent and Trademark Office

A recent IBM patent shows that it may be working on Grammarly for software developers.

2 min read
Consumer

The Private-Equity Takeover Bell Is Tolling for Peloton

Photo via Peloton

At least one PE firm has reportedly spoken with Peloton as it considers going private, but no deal is certain.

1 min read
Banking

UBS Has Left its Credit Suisse Burden Behind

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Integration costs related to Credit Suisse were just over $1 billion, well below the $3.75 billion in the two previous quarters combined.

1 min read
Media & Entertainment

Disney’s Streaming Unit is Finally (Sort of) Profitable

Photo by Anthony Quintano via CC BY 2.0

The company’s Disney+ and Hulu platforms eked out $47 million in operating income. Just don’t ask about ESPN+.

2 min read
Inflation & Prices

Renters Are Losing Hope They’ll Ever Own a House

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A New York Fed survey found renters saying their probability of ever owning a home fell to 40.1%, a new low.

2 min read
Consumer

Brick-and-Mortar Stores Start Leaning into Online Shopping

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In 2023, roughly 42% of e-commerce orders involved a store acting as a fulfillment hub or a place where consumers can pick up or return items.

1 min read
Blockchain

Robinhood’s Crypto Unit Receives SEC Wells Notice

Photo via Connor Lin / The Daily Upside

The move follows the SEC’s suit against crypto exchange Coinbase for allegedly operating an unregistered securities exchange.

2 min read
Patent Drop

Apple Adds AI Patent as it Preps for AI-powered iPhones

Photo via U.S. Patent and Trademark Office

“Generative AI could fuel the next big Apple iPhone refresh cycle.”

2 min read

Advisor Upside

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

Vanguard Gets the VOO Proxy Vote Out

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2 min read
Google Wants to Fix a Lot About Video

Photo via U.S. Patent and Trademark Office

2 min read
How Next-Gen Cybersecurity Workers Are Adapting to the Age of AI

Photo by Getty Images via Unsplash

1 min read

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