The Daily Upside

Healthcare

Moderna Is Still Stuck in Post-COVID Limbo

Photo by Mufid Majnun via Pexels

Moderna walked a tightrope trying to convince shareholders it can both develop a new portfolio of drugs and keep costs down in the process.

2 min read

Today’s Upside

Recent News

Banking

Chinese Regulators See Regional Banks Headed for SVB-Style Chaos

Image Credit: Getty Images, awdebenharn.

Authorities are concerned about regional banks piling too heavily into longer-yielding government bonds in recent months.

2 min read
Media & Entertainment

America’s Shortening Attention Spans are Corporate Gold

Photo illustration by Connor Lin / The Daily Upside, Photo by Tohamina via Freepik

The stakes for media and tech companies have never been higher, even if attention spans have never been shorter.

5 min read
Industrials

Struggling Diamond Giant De Beers Is Reportedly for Sale

Photo by Bas van den Eijkhof via Unsplash

The potential sale is playing out against a larger deal as Australian rival BHP has offered to buy parent Anglo American for $39 billion.

2 min read
Autos

A Mercedes With Autonomous Driving Just Hit the US Market

Photo by Manuel Pappacena via Unsplash

Cars with Drive Pilot are only available for sale in California and Nevada, and even there it only works on certain freeways.

1 min read
Regulation

FCC Votes to Restore Net Neutrality

Photo by Internet Education Foundation via CC BY-SA 2.0

When the rules are in place, internet service providers must allow equal access to all websites and domains.

2 min read
Big Tech

DeepMind Patent Adds to Robotic AI Ambitions

Photo via U.S. Patent and Trademark Office

A patent from DeepMind may aim to help AI-powered robots improve their reflexes

2 min read
Consumer

Gucci’s China Problem Is Testing Investors’ Patience

Photo by Do Nhu via Unsplash

The company says a turnaround will take time as the market for luxury goods cools and China muddles through economic doldrums.

1 min read
Energy

UK’s Octopus Energy Invests in US Offshore Wind Startup

Photo by Mmatsuura via CC0 1.0

1 min read
Regulation

Business Groups Sue FTC Over New Noncompete Regulations

Photo by Ian Hutchinson via Unsplash

The FTC estimates its ban will help create 8,500 new businesses and increase average annual worker wages by $524.

2 min read
Patent Drop

Nvidia Patent Details Adaptable Conversational AI Models

Photo via U.S. Patent and Trademark Office

However, these kinds of modifications come at the expense of high-level customization and accuracy.

2 min read
Patent Drop

Humane’s Latest Patent Makes the AI Pin Ambidextrous

Photo via U.S. Patent and Trademark Office

Despite Humane’s lofty dreams to disrupt the smartphone status quo, critics have not been thrilled with the startup’s debut device.

2 min read
Big Tech

Apple’s iPhone Is Getting Crowded Out of the Chinese Market

Photo by Melvin Loi via CC BY-SA 2.0

iPhone sales in the country fell nearly 20% in the first quarter, with many consumers flocking to local rivals.

2 min read
Personal Finance

The Small Business Bankruptcy Surge is a Race Against the Clock

Photo by Melinda Gimpel via Unsplash

A special $7.5 million debt threshold for filing is due to expire in June, when it will revert to the previous $2.7 million limit.

2 min read
Autos

GM Drives to a Big Q1 Profit

Photo by Truck Hardware via CC BY 2.0

GM said it grew market share across several pickup and SUV models, despite pricing incentives that were “well below” the industry average.

1 min read
Markets

NYSE Polls Market Players About Moving to Around-the-Clock Trading

Photo by Meutia Chaerani via CC BY-SA 3.0

The NYSE is asking participants how investors should be protected during periods of volatility, how overnight staffing should work.

1 min read
Healthcare

Moderna Is Fighting Pfizer, BioNTech over mRNA Patent

Photo by U.S. Air Force Senior Airman Eugene Oliver via Public Domain Mark 1.0

Moderna says it was willing to licence the tech but now wants to be repaid by rivals for vaccine revenue generated since then.

2 min read
Social Media

TikTok Is Ready to Sue Over Potential US Ban

Photo by Nordskov Media via CC0 1.0

The new bill could be voted on in the Senate as soon as Tuesday, and TikTok is ready with a legal strategy.

2 min read
Patent Drop

Big Tech Has an Energy Problem

Photo illustration by Connor Lin / The Daily Upside

How tech firms reconcile their desire for endless growth with bold climate goals.

5 min read
Real Estate

Paris Residents Still Waiting on Huge Demand for Olympics Rentals

Photo by Rodrigo Kugnharski on Unsplash

Residents have watched their dreams for a huge windfall dwindle as a glut of listings has come on the market, driving rental prices lower.

1 min read
Consumer

Weight-Loss Drugs Are Dragging Down Snack Makers’ Bottom Line

Photo by Chemist4U via CC BY-SA 2.0

A new survey finds evidence that “the drugs have a meaningful impact on consumer behavior and spending on groceries and restaurants.”

2 min read