The Daily Upside

Recession Is Rearing its Head, But Not in the US

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Japan and the UK both announced that their economies shrunk over the past 6 months, while US consumers have yet to stop spending.

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Adobe Patent Tackles Bias in Image AI Tools

Photo via U.S. Patent and Trademark Office

The tech relies on oversampling of images with “minority attributes” to make sure the outputs actually reflect the inputs.

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Investors Are Buying Up a Bigger Share of Cheap Homes

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More than a quarter of all US home sales were bought by investors in the last quarter, a new all-time high.

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FTC, US Health Dept Launch Probe Over Chemo Drug Shortages

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The investigation is targeting so-called middlemen that broker deals between hospitals and pharmaceutical companies.

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Europe Wants Big Telecoms to Merge

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The unexpected stance appears to be an infrastructure-related exemption to regulators’ normally tough antitrust stance.

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Google Wants to Use Context to Drop Wakewords

Photo via U.S. Patent and Trademark Office

Without a wakeword, a digital assistant has to monitor its users more closely.

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Visa Takes Biometrics On-the-Go Without Privacy Issues

Photo via U.S. Patent and Trademark Office

The patent could add another form of frictionless payment to the landscape, and present competitors to Apple Pay and Amazon’s Just Walk Out.

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Uber, Lyft Drivers to Spend Valentine’s Day on Strike

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Thousands of gig-economy workers plan to walk out on Wednesday in a bid for higher wages.

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Temu Picks Up Suppliers Jilted by Rival Shein

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The e-commerce upstart has been able to acquire supply chains left behind as Shein polishes its images ahead of a possible IPO.

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ESG Hiring Isn’t What It Used to Be

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Facing the need to cut costs and amid swirling political backlash, many companies are shrinking roles dedicated to governance issues.

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Texas Oil Rivals Hook Up In Another Massive Energy Merger

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Diamondback Energy is picking up Endeavor in a deal that will create a $50 billion player in the Permian Basin.

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Selling Cost-Consciousness is at the Forefront of Earnings Season

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Companies are consistently tossing out the phrase “operational efficiency” to show investors they’re protecting profit margins.

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Nvidia CEO Expects AI to Get Cheaper as Computing Power Expands

Photo by Maurizio Pesce via CC BY 2.0

Jensen Huang seems to think that Sam Altman’s quest for $7 trillion to invest in AI chips is maybe a little overkill.

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Roku Patent Could Make Ads Better Without Violating User Privacy

Photo via U.S. Patent and Trademark Office

Roku wants its previews to make you feel the same way the movie does.

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US Lenders Have $1 Trillion Tied Up in Shadow Banks

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The total reflects big banks’ increasing use of alternative financial institutions that are using the funds for riskier bets.

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Amazon Prime Scores NFL Playoff Game for 2024 Season

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After a trial run with Peacock, the league will step up to a bigger base of streaming spectators.

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Nvidia’s Neural Network Patent Adds to AI Software Expansion

Photo via U.S. Patent and Trademark Office

Nvidia may use AI to troubleshoot its games with its patent to analyze and respond to feedback using neural networks.

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Psychedelic Biotech Firms Record Major Fundraising Mark

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The growing sector scored its second-highest month ever for total money-raising.

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Baidu’s Data Generation Tech May Sharpen its Self-Driving Reflexes

Photo via U.S. Patent and Trademark Office

Baidu’s patent to tune up self-driving cars could help its fleet account for crazy drivers.

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Will Hollywood’s Labor Peace Be Short-Lived?

Photo illustration by Connor Lin / The Daily Upside

This year, a slew of unions representing Hollywood’s less heralded below-the-line workers have their turn at the negotiating table

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Advisor Upside

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

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

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Why AI Augmentation Tech Is More Than a ‘Cost-Cutting Tool’

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Why Access Controls May Be AI’s Biggest Security Vulnerability

Photo via Pavlo Gonchar

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