The Daily Upside

Finance

Mastercard Buys Startup That Will Help You Manage Pesky Subscriptions

Photo via Connor Lin / The Daily Upside

Mastercard is acquiring Minna Technologies, which specializes in letting bank and card customers manage (and cancel) subscription services.

1 min read
Consumer

PepsiCo Adds Tortilla Chip Aficionado to Its Portfolio

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PepsiCo announced on Tuesday that it has agreed to buy Siete Foods for $1.2 billion, another food M&A deal this year.

1 min read
Industrials

Boeing Weighs $10 Billion Stock Sale Amid Costly Strike

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Boeing is considering an emergency move: selling $10 billion in new stock to score some quick cash amid a union strike.

2 min read
Advisor Upside

Vanguard Sets Sights on Active Fixed Income

Photo via Connor Lin / The Daily Upside

Vanguard CEO Salim Ramji sees massive opportunities in active fixed income, and said it will play a larger role in retirement saving.

2 min read

Advisor Upside

Creative Planning Sells Minority Stake to TPG

Photo via Connor Lin / The Daily Upside

TPG acquired a minority stake in one of America’s largest independent wealth managers, which could put the advisor’s valuation at $15 billion.

1 min read
Advisor Upside

New ETF Taps Record Interest in Money Market Funds

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Texas Capital’s MMKT will look to capture inflows into the $6.4 trillion money market industry.

2 min read
Big Tech

Epic Games Keeps Google’s Feet to the Fire

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Epic Games filed a lawsuit against Google and Samsung, pulling the South Korean electronics giant into its long-running beef with Google.

1 min read
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

Advisor Upside

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

Microsoft Patents Signal Demand for Explainable AI

Photo via U.S. Patent and Trademark Office

1 min read
Quantum Computing Race Isn’t Run ‘In a Vacuum’

Photo by Galina Nelyubova via Unsplash

2 min read
How Shadow IT Concocts Cybersecurity Nightmares

Photo by Matheus Bertelli via Pexels

2 min read

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