The Daily Upside

Real Estate

Murdoch’s REA Group Abandons Takeover Bid for Rightmove

Photo by Monika Flueckiger, World Economic Forum via CC BY-SA 2.0

News Corp subsidiary REA Group abandoned its monthlong quest to take control of Rightmove, which rejected four “unattractive” bids.

2 min read
Economics

The Biggest Risk to a Soft Landing Might Just Be Jerome Powell

Photo by Federal Reserve Board of Governors via Public Domain Mark 1.0

Nearly 40% of 32 economists cited a “monetary policy mistake” as the “greatest downside risk to the U.S. economy over the next 12 months.”

2 min read
Patent Drop

Honda Wireless EV Charging Patent Highlights ‘Range Anxiety’ as Adoption Barrier

Photo via U.S. Patent and Trademark Office

Charging infrastructure remains one of the biggest hurdles for widespread EV adoption.

2 min read
Patent Drop

Zoom Engagement Analysis Patent Could Walk Privacy Line

Photo via U.S. Patent and Trademark Office

Zoom’s recent patent wants to make sure you’re participating in sales calls.

2 min read

Patent Drop

Microsoft Wants to Solve Inaccuracy, Hallucination in AI Models

Photo via U.S. Patent and Trademark Office

hallucination in AI is a pervasive, core issue that might not be easily solvable.

2 min read
Media & Entertainment

Is Amazon Finally Breaking into the News Industry?

Photo via Connor Lin / The Daily Upside

The e-commerce and media titan is in talks with veteran TV news anchor Brian Williams to host an election night special, Variety reported.

1 min read
Healthcare

Controversial CEO of Bankrupt Steward Health Care to Resign

(Photo by Impuls Q on Unsplash)

Dallas-based Steward Health Care is may just well be the poster child for private equity investment in healthcare gone wrong.

2 min read
Artificial Intelligence

AI is Passing the First Stage of its Antitrust Era

Photo by Choong Deng Xiang via Unsplash

It’s not a hallucination: Artificial intelligence companies have actually managed to placate at least one national regulator.

2 min read

International Economics

The Rise of India’s Reckless Retail Investors

Photo illustration by Connor Lin / The Daily Upside, Photo by Prostock Studio via iStock

Regulators worry that undisciplined and inexperienced investors are taking on way too much risk in the country’s overheated stock markets.

6 min read
Real Estate

Zillow Adds Climate Risks to Home Listings

Photo by Eric Hamiter via CC BY-SA 2.0

Zillow will be adding climate risk scores and insurance information to for-sale listings on its online marketplace.

1 min read
Finance

Citigroup and Apollo Strike $25 Billion Partnership in White-Hot Private Credit Market

Photo by Håkan Dahlström via CC BY 2.0

Citigroup and asset management giant Apollo Global announced an alliance to source $25 billion worth of deals in the next half-decade.

1 min read
Energy

Saudi Arabia Gives Up Trying to Drive Oil Higher

Photo by Tom Fournier via Pexels

Saudi Arabia, the biggest and most influential member of OPEC, is abandoning its goal of driving the price of an oil barrel up to $100.

2 min read

Patent Drop

Meta Could Face Cost Obstacles in AR Glasses Goals

Photo of Meta AR Vehicle Control Patent via U.S. Patent and Trademark Office

Though artificial reality took center stage at Meta Connect, the company faces headwinds in making AR glasses an everyday reality.

3 min read
Patent Drop

Mastercard Continues Crypto Crusade with Seamless Transaction Patents

Photo of Mastercard’s Trustless Transaction Patent via the U.S. Patent and Trademark Office

Mastercard’s interest in this tech could help legitimize crypto in the broader scheme of traditional finance.

2 min read
Patent Drop

Google Social Media Patents Add to YouTube’s AI Upgrade

Photo of Google Comment Section Analysis Patent via U.S. Patent and Trademark Office

The filings add to Google’s larger bid to build AI into YouTube’s offerings, though AI could present risks in this context.

2 min read
Advisor Upside

Behind the SEC’s WhatsApp Crackdown

Photo by Mika Baumeister via Unsplash

The SEC has dished out more than $3 billion in fines regarding off-channel communications, with another 11 firms getting dinged this week.

2 min read
Advisor Upside

Active ETFs Surge Among Advisors

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Roughly 30% of portfolios had exposure to active ETFs in the second quarter, up from just 13% in 2022, Fidelity reported.

1 min read
Advisor Upside

Sinking Fees Are Creating ‘Leaky Boats’ for Asset Managers

Photo by Fauxels via Pexels

Roughly $180 billion in assets flowed out of more expensive equity funds in the first half of the year.

1 min read
Investments

Masimo CEO Resigns Days After Proxy Battle Ejected Him From Board

Photo by Collision Conf via CC BY 2.0

Masimo CEO Joe Kiani stepped down following a two-year skirmish with an activist investor that ejected him from his own board.

2 min read
Big Tech

Google Accuses Microsoft of Monopolizing the Cloud Market

Photo by Raysonho via CC0 1.0

Google filed a formal complaint with the European Union, saying that Microsoft abuses its market dominance as a software maker.

1 min read

Advisor Upside

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

Ken Griffin’s Citadel Securities Has Some Tips for SEC

Photo by Krblokhin via iStock

1 min read
DOJ Pressures Google to Adopt ‘Sharing is Caring’ Data Ethos

Photo by Gov.pl via CC BY 3.0 PL

2 min read
Imports Drive Unexpected Contraction in US Economy

Photo by Getty Images via Unsplash

2 min read

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