The Daily Upside

Consumer

Uber Coasts to Another Quarter of Profitability

Photo by Raysonho via CC0 1.0

Uber returned to profitability in the second quarter, bucking macroeconomic trends and proving it can diversify its revenue streams.

2 min read
M&A

Acquisition Could See Cheez-It and Pringles Owner Make a Mars Landing

Photo by Abir Hiranandani via Unsplash

Kellanova popped 16% on the NYSE following a Reuters report that said it’s an acquisition target for privately-held confectionary giant Mars

1 min read
Social Media

TikTok Retreats From Get-Paid-to-Use App Under European Scrutiny

Photo by Olivier Bergeron via Unsplash

TikTok agreed to permanently withdraw a rewards program that it had on “TikTok Lite,” essentially a pared-down version of its core app.

2 min read
Artificial Intelligence

Nvidia Downloaded a ‘Human Lifetime’ Amount of Video Daily to Train Chips

Photo via Nvidia Media Assets

To compile training data for AI chips, Nvidia was downloading 80 years’ worth of video daily off of YouTube, Netflix, and academic databases.

2 min read

Advisor Upside

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

DeepMind Patent Shrinks Model Size Without Compromise

Photo via U.S. Patent and Trademark Office

1 min read
Isolating AI Agents May Be ‘Strangling’ Your Enterprise

Photo by SAP via CC BY-SA 3.0

2 min read
Enterprises Calculate ‘Build or Buy’ Differential in Acquiring AI Talent

Photo by Getty Images via Unsplash

2 min read

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