The Daily Upside

Millionaires are Fleeing the UK in Droves in Favor of Tax Havens like the UAE

(Photo by Christopher Bill on Unsplash)

Across the globe, a record 128,000 millionaires are expected to relocate this year, according to a new report.

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Google Patent Signals Interest in Small Chatbots Amid Language Model Craze

Photo via U.S. Patent and Trademark Office

Google wants to make chatbot development easier with its latest patent.

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The AI Bubble isn’t as Bubbly as It Looks

Photo by Vishnu Mohanan via Unsplash

Nvidia’s market cap this week surpassed Microsoft’s to become the world’s most-valuable company. But it may be an outlier among AI firms.

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Is Huawei Becoming the Apple of China?

Photo by Kārlis Dambrāns via CC BY 2.0

Huawei may be considering taking a commission on in-app purchases on its native OS — a tactic that’s bore fruit for both Apple and Google.

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Amazon has to Reckon with the Teamsters Now

Photo by Joe Piette via CC BY-SA 2.0

The independent union representing Amazon workers in Staten Island announced on Tuesday it is now officially affiliated with the Teamsters.

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EV Maker Fisker Folds in a Troubled EV Market

Photo via Fisker Inc.

Fisker, the electric vehicle startup, filed for Chapter 11 bankruptcy Tuesday. The real surprise is that it stuck around as long as it did.

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Breakaway Advisors Say Going Indie Was Worth It: Schwab

Photo by Brendan Church via Unsplash

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

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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.

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India Goes After AI Investment

Photo by Graphic Gears via Unsplash

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

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Big Banks are Falling in Love with Mid-Sized Companies

Photo by Ikechukwu Julius Ugwu via Unsplash

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

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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.

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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.

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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.

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

Image Credit: iStock, 9parusnikov

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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.

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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.

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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.

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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.”

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Honor Jumps into the Flip Phone Game to Top the Likes of Samsung and Apple

Photo by Raysonho via CC0 1.0

With top Chinese phone maker Honor releasing its first vertical flip phone this week, is the foldables market making a comeback?

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Oil and Corn Companies Team Up to Challenge EPA

Photo by Ms Uppy via Unsplash

Dozens of oil and plant-based fuel companies are joining forces to mount a legal war against the EPA’s new emissions standards.

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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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