The Daily Upside

Adobe’s Multimodal Model Could Make AI Summaries Clearer

Photo via U.S. Patent and Trademark Office

The company may be looking to boost its AI capabilities after the fallout of it’s proposed acquisition of competitor Figma.

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The SEC Is Finally Cracking Down on SPACs

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Regulators voted in new rules aimed at protecting investors considering investing in the nontraditional setup.

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Visa May Use Doppelgangers to Fight Payments Fraud

Photo via U.S. Patent and Trademark Office

The tech could help the financial institution find cyber criminals and figure out your spending habits early.

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Apple Wants Rules on Side-Loaded Apps

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The tech giant is trying to charge its way through new European rules governing app-store monopolies.

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Today’s Consumer: Bigger Credit Card Debts, Smaller Bank Deposits

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The biggest four banks in the US all saw their customers boost spending in 2023, as delinquencies rise in turn.

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Nvidia May Want AI to Create Its Own Data

Photo via U.S. Patent and Trademark Office

While the proposed tech could save a lot of resources in AI training, it faces major problems if it can reproduce biases and inaccuracies.

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The King’s Conundrum

Photo by Katie Chan via CC BY-SA 4.0

If tax havens refuse to change, then what can stop them?

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‘WWE Raw’ Is Heading to Netflix in 2025

Photo by Miguel Discart via CC BY-SA 2.0

The 10-year pact puts the king of streaming squarely in the sports livestreaming arena.

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Bitcoin Slumps After ETF Rollout

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The industry clamored for clearance to offer spot ETFs. Now that they’re here, the results are less than stellar.

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Temu Is Leaning on Boomers to Storm the US

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Boomers are ahead of younger generations in embracing from the Chinese e-commerce marketplace.

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Macy’s Rejects $5.8 Billion Buyout Offer

Photo by Paulo JC Nogueira via CC BY-SA 3.0

The retailer questioned how the proposed deal would be financed, but it may just be delaying the inevitable.

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Startup ElevenLabs Is AI’s Newest Unicorn After Latest Fundraising Round

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The AI software company is sporting a new valuation of more than $1 billion after its latest $18 financing round.

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Meta is Truly Sick of News

Photo by Anthony Quintano via CC BY 2.0

The social media platform’s referrals to news media sites has been steadily dropping.

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Microsoft Makes Chatbots Mindful with Emotion Detection Patent

Photo via U.S. Patent and Trademark Office

The company’s patent for a wellness chatbot could require users to have a lot of trust in the company to protect their data.

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Musicians Could Be Next to Disturb Hollywood’s Labor Peace

Photo by Nick Philly via CC BY-SA 4.0

In the wake of monthslong work stoppages by both writers and actors, musicians prepare to negotiate over similar issues.

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Pinterest’s Spam Scraping Patent Could Fight Misinformation

Photo via U.S. Patent and Trademark Office

Pinterest wants to kick spam to the curb with a patent that uses AI to detect malicious links.

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NYC Real Estate Investors Are Betting On an Office Comeback

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RXR and Ares Management think the darkest hour is nearly over for New York City’s commercial real estate sector.

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Intel’s “Proof of Creation” Tech Could Take On OpenSea

Photo via U.S. Patent and Trademark Office

Intel said the purpose of this tech is to help creators of and buyers of digital assets “assert their identity” without a marketplace.

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Two US Hedge Funds Racked Up Major Chinese Gains Last Year

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American firms in China have seen better days, except for the Chinese operations of hedge fund giants Two Sigma and Bridgewater.

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Wide World of Streams: How Sports is Navigating Media’s Shifting Landscape

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The old world of media is collapsing, while a new order is rising. Live sports, meanwhile, are caught in the middle.

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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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