The Daily Upside

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
Finance

Berkshire Hathaway Has Built a Massive Mountain of Cash

(Photo Credit: Serba Sembilan/Unsplash)

Berkshire Hathaway’s third-quarter earnings report on Saturday revealed how Warren Buffett weathered the past three months.

2 min read
Patent Drop

Mastercard Wants to Create a Back-up Plan for Lost Crypto

Photo by Shubham Dhage on Unsplash.

This signals that financial institutions are seeking to make blockchain safer, though it challenges the decentralized nature of the tech.

2 min read
Media & Entertainment

Music Copyright Revenue Is Reaching a High Note

(Photo Credit: Yvette de Wit/Unsplash)

Annual global revenue generated by music copyrights has grown to $41.5 billion, the Financial Times reported.

1 min read

Advisor Upside

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

Eli Lilly’s Sterling Results Highlight Rival Novo Nordisk’s Fading Fortunes

Photo by Douglas Cliff via iStock

2 min read
Chipotle Struggles as Customers Skip the Guac

Photo by Anne Czichos via iStock

2 min read
Trial Truce: US, China Negotiate Yearlong Trade Détente

Photo via Daniel Torok/WH / Polaris/Newscom

2 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.