The Daily Upside

Artificial Intelligence

Mexico is Quietly Becoming an AI-Hardware Manufacturing Hub

Photo by Vishnu Mohanan via Unsplash

With AI on the mind, US tech heavyweights are are urging Taiwan-based contract manufacturers to move production facilities to Mexico.

2 min read
Industrials

Baltimore Bridge Collapse Turns Attention Toward America’s Infrastructure

Photo by Chad Peltola via Unsplash

In the wake of the bridge collapse disaster in Baltimore, other cities are wondering if it could happen to them.

2 min read
Consumer

Low Cocoa Crop Yields Have Sent Chocolate Prices Soaring

Photo by Dannyel Spasov via Unsplash

Cocoa futures hit a record high this week of over $10,000 per metric ton — not a great start to the Easter weekend.

2 min read
Media & Entertainment

Advertisement Market is Booming, But Not for Everyone

Photo by James Ting via Unsplash

Media investment firm Magna now expects ad sales by media owners to increase over 9% this year.

1 min read
Energy

Fossil Fuel Clinginess Puts Climate Change Threshold in Peril

Photo by Patrick Hendry via Unsplash

Oil and gas entities are on track to nearly quadruple the fossil fuels they extract from newly approved projects by the end of the decade.

1 min read
Patent Drop

Apple Could Bring Vision Pro to Healthcare with Recent Patents

Photo via U.S. Patent and Trademark Office

patents from Apple to make its artificial reality headset a little more health-aware could open up a whole new world of possibilities for AR in clinical…

3 min read
Social Media

UK Regulator Says ‘Finfluencers’ Can’t Hide Behind Memes for Marketing

Photo by Kanchanara via Unsplash

The Financial Conduct Authority has instituted clear guidelines for how financial influencers use social media for marketing.

1 min read
Artificial Intelligence

The AI Talent War Is Supercharged

Photo by Anthony Quintano via CC BY 2.0

Some candidates with experience in large language models can reap salaries in excess of $1 million a year.

2 min read
Consumer

As Scandals Mount, Sportsbooks Team Up to Tackle ‘Problem Gambling’

Photo by Hank Paul via Unsplash

The biggest names in the business say they’ll spend $20 million to form a group to encourage responsible gambling.

2 min read
Patent Drop

Zoom May Use AI to Tone Down Accents

Photo via U.S. Patent and Trademark Office

Though this could be a stepping stone for live voice translation, it may come with a few ethical issues.

2 min read
Patent Drop

Nvidia, Google Patents Signal Big Tech’s AI Robot Craze

Photos by Nvidia (left) and Google (right) via U.S. Patent and Trademark Office

While robots aren’t taking over the world any time soon, tech companies seem intent on creating AI-enabled machines that walk among us.

2 min read
Consumer

Krispy Kreme, McDonald’s Are Expanding Their Sweet and Savory Team-up

Photo by Fidel Fernando via Unsplash

The partnership is going nationwide after a successful run at 160 McDonald’s locations across Kentucky.

1 min read
Personal Finance

BlackRock’s CEO Says the US Retirement System is Archaic

Photo by Towfiqu Barbhuiya via Unsplash

Larry Fink said that retirement is a “much tougher proposition” than it was 30 years ago.

2 min read
Banking

Visa, Mastercard Agree to Massive Settlement That Limits Swipe Fees

Photo by Energepic via Pexels

The agreement with US-based merchants is expected to reduce the credit card titans’ take by a combined $30 billion through 2030.

2 min read
Industrials

US Tussles with China and Russia over Deep-Sea Mining Rights

Photo by Mustang Joe via CC0 1.0

The US is looking to extend its jurisdiction to a mineral-rich undersea section of its continental shelf. Not so fast, say China and Russia.

2 min read
Autos

Struggling EV Maker Fisker Can’t Find a Dance Partner

Photo via Fisker Inc.

The EV startup’s stock fell even further on Monday after news that talks fell through on a potentially company-saving partnership.

2 min read
Politics

Biden Administration Has Been a Net Tax-Cutter, Study Finds

Photo by Gage Skidmore via CC BY-SA 2.0

A new report says the president has effectively lowered the nation’s total tax burden by $600 billion over his term so far.

2 min read
Patent Drop

Toyota Tests the Wattage with EV Charging Patent

Photo via U.S. Patent and Trademark Office

A Toyota patent to keep the fairness in EV charging highlights that automakers are paying attention to the logistics of electrification amid changing US…

2 min read
Consumer

Warm Weather Melted Winter Businesses

Photo by Seattle Parks and Recreation via CC BY 2.0

The warmest winter on record in the lower 48 states was unsurprisingly not a good season for companies that rely on snow.

1 min read
Big Tech

Silicon Valley Executives Are Cashing Out Shares

Photo by Anthony Quintano via CC BY 2.0

Tech executives and founders are selling their stock at the highest rate in years.

2 min read

FA Upside

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

Eli Lilly’s Weight-Loss Drug Finally Off FDA Shortage List

Photo by Jetcityimage via iStock

1 min read
Climate Change Forces Starbucks Deeper into Coffee R&D

Photo by Shelby Murphy Figueroa via Unsplash

2 min read
Dock Workers Agree to Pause Historic Strike To Negotiate New Contract

Photo by Chuttersnap via Unsplash

2 min read