The Daily Upside

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
Industries

Bank Access Bill Might Finally Lift Marijuana Out of the Shadows

(Photo by Budding on Unsplash)

There’s been this little obstacle standing in the way of a functioning nationwide marijuana market: the law.

1 min read
Industries

The Anti-obesity Drug Market Is About to Get More Crowded

(Photo by Andres Ayrton on Pexels)

The weight loss drug market could be worth $100 billion in the next few years. Naturally, other companies want in.

2 min read
Patent Drop

Mastercard Wants to Make Biometrics More Accurate

Photo by Cottonbro Studio on Pexels

Given that it handles trillions in transactions a year, it makes sense that the credit card provider wants to beef up security protocols.

3 min read

Advisor Upside

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

Enterprises Grapple With Pros, Cons (and Costs) of Cloud-First Strategy

Photo by Planet Volumes via Unsplash

4 min read
Fiserv Loses Nearly Half Its Market Cap After ‘Abysmal’ Quarter

Photo by hapabapa via iStock

2 min read
Amazon Job Cuts Broaden Big Tech’s Layoff Barrage

Photo via CentralITAlliance

2 min read

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