The Daily Upside

Regulation

Japan Warms Up to Ride-Hailing

(Photo by Derch on Unsplash)

Japan’s strict taxi rules have historically made it impossible for ride-hailing companies like Uber to crack the Land of the Rising Sun.

2 min read
Finance

Private Equity is Slightly Broken

As recently as 2021, the industry set a record by generating $1.4 trillion via outright sales or IPOs of portfolio companies. (A person could live on that.)

2 min read
Economics

US Consumers Are Falling Behind on Their Car Loans

(Photo Credit: Denys Nevozhai/Unsplash)

US drivers are late on their car loan payments at the highest rates on record, and the trend might not go away anytime soon.

1 min read
Geopolitics

Rich, Developing Nations Clash Over UN Climate Damage Fund

Discussions among countries broke down during their fourth round of talks about a pivotal green initiative from the United Nations.

1 min read

Patent Drop

Salesforce Looks at Ways to Simplify Machine Learning

Photo by Mitchell Breedlove on Unsplash

Salesforce wants to give anyone the power to make AI (so long as they have enough data).

2 min read
Patent Drop

Meta Wants to Put The Metaverse to Work

Photo by Minh Pham on Unsplash

Meta sunk a lot of cash into its metaverse bet. Now, it wants it to work.

2 min read
Patent Drop

Adobe Looks to AI to Fight Fake News

Photo by Cristian Lopez on Unsplash

Adobe wants to fight disinformation one PDF at a time with it’s latest patent filing.

2 min read
Power Corridor

The Great Housing Crisis

Photo by Tom Rumble on Unsplash

As housing prices reach record highs nationwide – against quite a few forecasts at the start of the year – buying a home is now completely unaffordable in most parts of the country for the average American.

3 min read

Big Tech

Amazon May Boost Quantum Power for AWS

Photo by Tony Webster under CC BY 2.0

Though quantum computing is far from an everyday reality, the possibilities it offers are powerful. Amazon may want in on the ground floor.

3 min read
Technology

Lloyd’s of London Warns of Worst-Case-Scenario Cyberattack

(Photo by Markus Spiske on Unsplash)

According to a Lloyd’s study published Wednesday, a cyberattack on global payments systems could cause $3.5 trillion of economic damage.

1 min read
Patent Drop

Intel Looks at AI Tuning to Bolster Software Offerings

Photo by smoothgroover22 under CC BY-SA 2.0

Intel is far behind in the AI race. Taking on chip giant Nvidia would require Intel to build a development ecosystem at a better price.

2 min read
Geopolitics

Xi Celebrates Belt and Road Initiative with Putin as the West Tunes Out

(Photo by Kremlin.ru under CC BY 4.0)

Chinese President Xi Jinping held a summit this week in Beijing touting his signature diplomatic initiative: the Belt and Road Initiative.

1 min read

Media & Entertainment

NBA Gears Up For Major Media Contract Negotiations

(Photo by Marius Christensen on Unsplash)

The National Basketball Association is on a full-court press to secure its next round of broadcast rights.

2 min read
Patent Drop

Apple’s Digital Car Key Patent Hints at Additions to the Walled Garden

Photo by smoothgroover22 under CC BY-SA 2.0

Apple never wants you to lose your keys again. The company filed two patents for digital car key pairing.

3 min read
OP-ED | Power Corridor

A War of Words Erupts Between Milley and Trump Over China

Photo via U.S. Secretary of Defense under CC BY 2.0

The release of “Peril” led to an extended war of words between U.S. Army General Mark Milley and former U.S. president Donald Trump.

3 min read
OP-ED | Power Corridor

Israel-Hamas Conflict Challenges Global Power Balance

Photo by Palestinian News & Information Agency (Wafa) in contract with APAimages under CC BY-SA 3.0

Why war may be a windfall for America’s major political rivals.

2 min read
OP-ED | Power Corridor

The Fatalist U.S Consumer

Photo by Kleomenis Spyroglou on Unsplash

Americans are going to shop until they drop – Inflation and interest rates are up, the labor market is cooling, the pumpkins are out and the Halloween Federal Reserve meeting is nigh.

1 min read
Banking

Goldman Sachs Sees Profits Plummets Amid Consumer Pivot

(Photo by Connor Lin/The Daily Upside)

Goldman Sachs saw its profits slump 33% in its latest quarter, as the bank continues retreating from the consumer banking sector.

2 min read
Policy & Power

Mexico Reviving Transcoastal Railway to Capitalize on Dry Panama Canal

(Photo by Gift Habeshaw on Unsplash)

The renovated line would span Mexico’s two coasts, providing a new artery through which international freight can flow.

1 min read
Industries

Choice Hotels Puts an $8 Billion Merger Squeeze on Wyndham

(Photo by Tony Webster under CC BY-SA 2.0)

Choice Hotels International went public on Tuesday with a nearly $8 billion hostile bid to acquire Wyndham Hotels and Resorts.

1 min read

Advisor Upside

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

Nelson Peltz Says $7B Take-Private Bid Would Let Janus Henderson ‘De-Risk’

Photo via Kris Tripplaar/Sipa USA/Newscom

2 min read
Keurig Dr Pepper’s Shares Fizz Amid Private Equity Cash Infusion

Photo via RICHARD B. LEVINE/Newscom

1 min read
Qualcomm Makes a Play for AI Chip Market Dominated by Nvidia, AMD

Photo via Pradeep Gaur/ZUMAPRESS/Newscom

2 min read

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