Technology

Blockchain

Ethereum Battles Bitcoin for Wall Street Whales

Photo by Kanchanara via Unsplash

Both of the two biggest cryptos surged on Friday after Federal Reserve Chair Jerome Powell hinted at a September rate cut.

2 min read

Photo via Nvidia

Semiconductors

Nvidia Markets New ‘Robot Brain,’ Yours for Just $3,499

In May, revenue at Nvidia’s automotive and robotics businesses, which are reported together, posted $567 million in sales.

2 min read
Photo via Alexander Shcherbak/ZUMAPRESS/Newscom

Technology

Samsung Chips Away Bigger Share of US Smartphone Market

Samsung’s growth come directly at the expense of Apple, which now holds less than half of US market share.

2 min read
Photo via imageBROKER/Mojahid Mottakin/Newscom

Artificial Intelligence

Tech Stocks Slide as AI Reality Lags Behind Hype

Part of the investor pullback comes after an MIT report that checked in on the billions that companies have spent on generative AI.

2 min read

Semiconductors

SoftBank Acquires a 2% Stake in Embattled Intel

Photo via Liu Junfeng/VCG/Newscom

The deal comes as the US government explores a deal to take as much as a 10% ownership stake in the Santa Clara, California, firm.

2 min read

Photo via Travis Ball/Travis P Ball/Sipa USA/Newscom

Big Tech

Meta Focuses on New Smart(er) Glasses

As Meta’s market cap hovers near the $2 trillion mark, a successful launch of its glasses could put the tech giant over the edge.

1 min read
Photo via U.S. Patent and Trademark Office

CIO Upside

Walmart Patent Signals AI Transformation for Bricks-and-Mortar Retail

The company has spent the past few years bolstering its tech portfolio.

1 min read
Martin Sorrell, founder of S4 Capital. Photo via Rita Franca/ZUMAPRESS/Newscom.

Media & Entertainment

Advertising Confronts AI-xistential Crisis

Advertising companies are scrambling to make changes as their businesses get hammered by advances in artificial intelligence.

2 min read

Technology

Can Robotaxis Take Over New York?

Photo via Gado Images/Smith Collection/Gado/Sipa USA/Newscom

Tesla and Waymo are among the entrants trying to turn congested New York City, the home of the yellow cab, into a robotaxi hub.

2 min read

Big Tech

Amazon Cuts in Line at Online Grocery Checkout

Photo via imageBROKER/Tartezy/Newscom

Amazon has struggled to take a bite out of the $875 billion US grocery market since launching an online grocery storefront in 2006.

2 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.