The Daily Upside

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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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Google’s Smart Speakers May Add to Global Data Melting Pot

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Google wants its smart speakers to learn from their mistakes. The company’s latest patent reveals plans for its devices to take feedback.

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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.

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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.

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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.

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Chinese Consumers Are Pulling Back on Big Western Brands

(Photo Credit: Zhang Kaiyv/Unsplash)

From cosmetics to apparel to tech, Western brands are seeing revenues dip in China as consumers navigate a struggling post-pandemic economy.

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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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