The Daily Upside

Zoom Engagement Analysis Patent Could Walk Privacy Line

Photo via U.S. Patent and Trademark Office

Zoom’s recent patent wants to make sure you’re participating in sales calls.

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Microsoft Wants to Solve Inaccuracy, Hallucination in AI Models

Photo via U.S. Patent and Trademark Office

hallucination in AI is a pervasive, core issue that might not be easily solvable.

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Is Amazon Finally Breaking into the News Industry?

Photo via Connor Lin / The Daily Upside

The e-commerce and media titan is in talks with veteran TV news anchor Brian Williams to host an election night special, Variety reported.

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Controversial CEO of Bankrupt Steward Health Care to Resign

(Photo by Impuls Q on Unsplash)

Dallas-based Steward Health Care is may just well be the poster child for private equity investment in healthcare gone wrong.

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AI is Passing the First Stage of its Antitrust Era

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It’s not a hallucination: Artificial intelligence companies have actually managed to placate at least one national regulator.

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The Rise of India’s Reckless Retail Investors

Photo illustration by Connor Lin / The Daily Upside, Photo by Prostock Studio via iStock

Regulators worry that undisciplined and inexperienced investors are taking on way too much risk in the country’s overheated stock markets.

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Zillow Adds Climate Risks to Home Listings

Photo by Eric Hamiter via CC BY-SA 2.0

Zillow will be adding climate risk scores and insurance information to for-sale listings on its online marketplace.

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Citigroup and Apollo Strike $25 Billion Partnership in White-Hot Private Credit Market

Photo by Håkan Dahlström via CC BY 2.0

Citigroup and asset management giant Apollo Global announced an alliance to source $25 billion worth of deals in the next half-decade.

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Saudi Arabia Gives Up Trying to Drive Oil Higher

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Saudi Arabia, the biggest and most influential member of OPEC, is abandoning its goal of driving the price of an oil barrel up to $100.

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Meta Could Face Cost Obstacles in AR Glasses Goals

Photo of Meta AR Vehicle Control Patent via U.S. Patent and Trademark Office

Though artificial reality took center stage at Meta Connect, the company faces headwinds in making AR glasses an everyday reality.

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Mastercard Continues Crypto Crusade with Seamless Transaction Patents

Photo of Mastercard’s Trustless Transaction Patent via the U.S. Patent and Trademark Office

Mastercard’s interest in this tech could help legitimize crypto in the broader scheme of traditional finance.

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Google Social Media Patents Add to YouTube’s AI Upgrade

Photo of Google Comment Section Analysis Patent via U.S. Patent and Trademark Office

The filings add to Google’s larger bid to build AI into YouTube’s offerings, though AI could present risks in this context.

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Behind the SEC’s WhatsApp Crackdown

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The SEC has dished out more than $3 billion in fines regarding off-channel communications, with another 11 firms getting dinged this week.

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Active ETFs Surge Among Advisors

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Roughly 30% of portfolios had exposure to active ETFs in the second quarter, up from just 13% in 2022, Fidelity reported.

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Sinking Fees Are Creating ‘Leaky Boats’ for Asset Managers

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Roughly $180 billion in assets flowed out of more expensive equity funds in the first half of the year.

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Masimo CEO Resigns Days After Proxy Battle Ejected Him From Board

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Masimo CEO Joe Kiani stepped down following a two-year skirmish with an activist investor that ejected him from his own board.

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Google Accuses Microsoft of Monopolizing the Cloud Market

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Google filed a formal complaint with the European Union, saying that Microsoft abuses its market dominance as a software maker.

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Rate Cuts Are Making an Impact, OECD Says

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The OECD upgraded its outlook for global economic growth, noting slowing inflation, central bank rate cuts, and falling energy prices.

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TikTok is Ditching Music Streaming — But Spotify Can’t Relax

Photo by Raph_PH via CC BY 2.0

TikTok is calling it quits on a music streaming business that barely made it out the door, and only launched trials last year.

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Blackstone and Vista to Take Workplace Software-Maker Smartsheet Private for $8.4 Billion

Photo via Smartsheet

Blackstone partnered with fellow buyout expert Vista Equity Partners to take workplace software company Smartsheet private for $8.4 billion.

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Advisor Upside

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

Can ‘Terror Management Theory’ Explain Inheritance Spending?

Photo by Yunus Tuğ via Unsplash

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Meet the BlackRock ETF Taking Aim at Invesco’s QQQ

Photo via Erik McGregor/Sipa USA/Newscom

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Neurocrine Scoops Up Hunger-Drug Maker in Latest Multi-Billion-Dollar Pharma Deal

Photo via Andre M. Chang/ZUMAPRESS/Newscom

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