The Daily Upside

Healthcare

Pharma Giants Combine Forces to Fight New M&A Rules

(Photo by Towfiqu Barbhuiya on Unsplash)

Some of pharma’s biggest players — including Merck, Amgen, Abbvie, and Gilead — formed an alliance to fight looming M&A reforms.

2 min read
OP-ED | Power Corridor

McCarthy Ousted, But What Has Been Solved?

Photo by Gage Skidmore under CC BY-SA 2.0

U.S. House of Representatives fires its Speaker, Kevin McCarthy, for the first time ever, the GOP infighting rages on.

2 min read
Power Corridor

How Much Did SBF’s Parents Know?

Photo by Cointelegraph under CC BY 3.0

Sam Bankman-Fried’s trial is shaping up to be one of the biggest show trials on Wall Street since Bernie Madoff. Did SBF’s parents know?

4 min read
OP-ED | Power Corridor

Wall Street’s Top Banks Fined $53 Million in Regulatory Spanking

Photo by Martin Ceralde on Unsplash

Wall Street’s Top Banks Fined – CFTC ordered Goldman to pay $30 million, JP Morgan $15 million, and Bank of America $8 million.

2 min read

Consumer

Macy’s is Pivoting From its Legacy of Anchoring Malls

(Photo by Vladan Raznatovic on Unsplash)

Macy’s is going less colosseum and more cozy in a cost-cutting shift away from large locations in malls and into small-format stores.

2 min read
Industrials

Blue Origin Grounds Commercial Space Station Plans

(Photo by Blue Origin)

Blue Origin is expected to back out of plans to build a commercial space station in conjunction with corporate partners.

1 min read
Big Tech

Meta Plans an Ad-Free Subscription Service in the EU

(Photo by Souvik Banerjee on Unsplash)

Meta is rolling out subscription versions of Instagram and Facebook in Europe that won’t feature targeted ads.

2 min read
Electric Vehicles

Rivian Finally Sees Sales Increase, But Not Nearly Fast Enough

(Photo by Wes Hicks on Unsplash)

On Monday, Rivian announced an expectations-beating jump in deliveries for its third quarter. But a new report says it’s still losing money.

2 min read

Industries

Airbnb’s CEO Wants a Customer Do-Over

(Photo by Andrea Davis on Unsplash)

In an interview with Bloomberg, CEO Brian Chesky laid out how Airbnb has been rocked by user dissatisfaction and tighter regulation.

1 min read
Patent Drop

Apple’s Headset Could Incorporate “Real-Time Social Intelligence”

Photo by Steve Zhang under CC BY-SA 4.0

Apple’s latest filing emphasizes the comfort users have with the company’s consistently-monitoring devices.

3 min read
Industries

Welcome to Oktoberfest, Where Recessions Don’t Exist

(Photo Credit: Louis Hansel/Unsplash)

Despite widespread monetary rain clouds pushing up the cost of beer and food, drinkers are showing up in record numbers to Oktoberfest.

1 min read
Patent Drop

Microsoft is Creating an AI-Powered Factory Floor

Photo by Rufus46 under CC BY-SA 3.0

Microsoft wants to patent a system that tests if factory tools can go the distance. But the tool itself may be more powerful than the patent lets on.

2 min read

Industries

Hollywood’s Deal With Writers Could Mean Fewer Shows to Write

After five months, the writers strike finally came to an end, but the new pact may mean fewer new shows, meaning fewer jobs.

1 min read
Technology

The Timing is Off for the Next Tech IPO Bonanza

After a glimmer of false hope it looks like tech IPOs are heading for yet more disappointment, and Instacart and Arm aren’t helping.

2 min read
Industrials

The Next Great Sea Battle

Photo by ROV-Team/GEOMAR via CC BY 4.0

An intense geopolitical fight is raging at the moment, and the future of deep sea mining does hang in the balance.

5 min read
Patent Drop

Airbnb May Sniff Out Crosslisters

Photo by Karsten Winegeart on Unsplash

While Airbnb’s patent could catch scammers, it may have unintended consequences for hosts trying to get their listings in front of as many eyes as possible.

2 min read
OP-ED | Power Corridor

Supreme Court’s Greatest Decision Yet: How to Be Ethical

Photo by U.S. Department of Agriculture under Public Domain Mark 1.0

With record low public approval rates, America’s highest court faces an existential crisis, with Clarence Thomas front and center.

7 min read
Patent Drop

Nvidia is Making Safer Robots for the Factory Floor

Photo by Simon Kadula on Unsplash.

Nvidia’s interest could help bring AI onto the factory floor for more than just maintenance purposes.

3 min read
Social Media

Snap Squashes its Nascent AR Enterprise Division

(Photo by Alexander Shatov on Unsplash)

Snap shuttered its ARES unit — that’s Augmented Reality for Enterprise Services — after launching it just a few months ago.

1 min read
Patent Drop

Meta may use AI to Build its Metaverse

Photo by Maxim Hopman on Unsplash

The patent shows that, despite the company’s public interest in large language models, it’s still hard at work on artificial reality.

3 min read

Advisor Upside

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

Not Folding Yet: Vegas Looks Beyond an Epic Summer Slump

Photo by Julian Paefgen via Unsplash

6 min read
From Greenwashing to Greenhushing: The Rise of ‘Anti-ESG’ ETFs

Photo illustration by Connor Lin / The Daily Upside, Photos by Pakhnyushchyy and Ajt via iStock

4 min read
Eli Lilly’s Miracle Weight Loss Pill May Not Be Miraculous Enough

Photo via Spencer Jones/GHI//UCG/Universal Images Group/Newscom

2 min read

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