The Daily Upside

Technology

Sony Is Past its PlayStation 5 Peak

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Sony said Tuesday that Playstation 5 sales rose over the past fiscal year, but it lowered its sales guidance over the next year.

2 min read
Private Equity

Private Equity Group Dodges FTC Antitrust Lawsuit

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A US judge ruled Tuesday that private equity groups still have legal cover from lawsuits involving their portfolio companies.

2 min read
Markets

Keith Gill Resurfaces, Kicks Off Another Meme-Stock Frenzy

Photo by Will Buckner via CC BY 2.0

A rare social media appearance by a well-known daytrader boosted GameStop and other stocks that gained popularity during the 2021 craze.

2 min read
Consumer

Temu Gets Spooked by Possible TikTok Ban

Photo illustration by Connor Lin / The Daily Upside

The-commerce app, which has spent a fortune marketing itself in America, is reportedly starting to hedge its reliance on the US market.

2 min read

Energy

US Oil Industry Faces Wave of Antitrust Trouble

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US shale producers are on the receiving end of a wild well of class-action lawsuits alleging anticompetitive behavior.

2 min read
Patent Drop

Meta’s Machine Learning AR Patent Fuses Its AI and Metaverse Bets

Photo via U.S. Patent and Trademark Office

Despite investors’ reaction to the company’s big spending, Meta’s potential to monetize AI and its access to data may give it a leg up in the long run.

2 min read
Electric Vehicles

Biden Reportedly Planning a 100% Tariff on Chinese EVs

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But the ramped-up protectionist wave hasn’t extended to investor interest in new shares of Chinese companies.

2 min read
International Economics

Bargain-Hunting Investors Are Bidding Up UK Stocks

(Photo by Christopher Bill on Unsplash)

UK stocks have been outperforming US stocks on a broad index-based level for the past seven weeks, but this isn’t a case of a UK renaissance.

2 min read

Economics

Is the US Seeing a Startup Boom?

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After a slump through the latter half of the last decade, the US is experiencing a startup tsunami, according to The Economist.

2 min read
Consumer

Uber’s Behavior Prediction Model May Come With Privacy Problems

Photo via U.S. Patent and Trademark Office

Uber wants to know how you feel before you even get into your ride.

2 min read
Patent Drop

Microsoft Patent Could Broaden Large Language Models’ Horizons

Photo via U.S. Patent and Trademark Office

Microsoft wants its language models to be a little more adaptable.

2 min read
Energy

Can We Solve Climate Change by Suing Polluters?

Photo illustration by Connor Lin / The Daily Upside

Climate litigation is rapidly transforming to offer the promise of big victories and big cash prizes for lawyers.

6 min read

Regulation

Regulators Look to Expand Whistleblower Reward Programs

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In its 2023 full-year report, the SEC Office of the Whistleblower said it received 18,354 whistleblower tips, a 49% increase from 2022.

1 min read
Social Media

TikTok to Start Labeling AI-Created Content

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The platform says it plans to identify and label content created by other AI tools, like Adobe’s Firefly and OpenAI’s Dall-E.

2 min read
International Economics

Europe Wants to Fix Its Widening Productivity Gap With the US

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European productivity has increased only about 20% since 2000, about one-third the rate of the US.

2 min read
Patent Drop

Google Wants to Use Machine Learning to Keep AI Data Unbiased

Photo via U.S. Patent and Trademark Office

The company’s latest filing adds another solution to several aiming to tackle the ever-present issue of bias at the source.

2 min read
Patent Drop

Honda May Bet on Carbon Removal to Clean its Factories

Photo via U.S. Patent and Trademark Office

Honda may be placing its hopes on carbon capture to reach bold net-zero goals – despite the tech’s high price tag.

2 min read
Consumer

Uber Takes a U-Turn Back to Unprofitability

Photo by Ilya Plekhanov via CC BY-SA 4.0

A $721 million loss from equity investments in other companies pulled the entire company down to an overall loss of $654 million.

1 min read
Electric Vehicles

EV Big Rigs Are Getting Too Expensive for Trucking Customers

Photo by Atomic Taco via CC BY-SA 2.0

EVs cost double to operate, can travel half as far, and require recharging, which isn’t ideal for an industry operating on thin margins.

2 min read
Geopolitics

US Mulls Export Bans on AI Software to China

Photo via Connor Lin / The Daily Upside

The US worries that models like ChatGPT could allow China to launch cyberattacks or even design biological weapons.

2 min read

Advisor Upside

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

‘Bucket List’ Vacations Give Way to Budget-Friendlier Trips amid Sky-High Fuel Prices

Photo illustration by Connor Lin / The Daily Upside

4 min read
Most 401(k) Holders Don’t Seek Help from Plan Advisors (But They Want It)

Photo by Getty Images via Unsplash

1 min read
How TIPS Bridges Can Maximize Social Security Benefits

Photo by Chad Peltola via Unsplash

2 min read

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