The Daily Upside

Google’s May Want to Keep Closer Track of User Hand Movements

Photo via U.S. Patent and Trademark Office

Despite layoffs in its hardware and AR departments, the company has filed a number of patent applications for extended reality tech.

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Apple Discounts iPhones in China to Fight Sales Slump

Photo by Denis Cherkashin via Unsplash

Apple is facing softening iPhone demand in China, the company’s second-biggest market after the US and the world’s biggest smartphone market.

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Boeing Goes On the Offensive to Keep Nervous Customers

Photo by Mohammad Arrahmanur via Unsplash

Boeing is kicking off an image rehabilitation tour after becoming known as the plane-maker whose planes may fall apart mid-air.

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Intel’s Patent Could Help Data Centers Budget Their Energy Use

Photo via U.S. Patent and Trademark Office

Intel could target clients and investors that are interested in socially responsible AI training with it’s recent patent.

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IMF Warns AI Is Coming for Jobs in High-Income Countries

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The International Monetary Fund warned almost half of all jobs worldwide could be affected by artificial intelligence.

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Rising Rents Pushed Inflation Higher in December

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The consumer price index offered up a surprising uptick, damaging hopes that the Fed will be cutting rates anytime soon.

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Tesla Boosts Pay for US Factory Workers to Keep Unions at Bay

Photo by Ministry of Communications of Brazil via CC BY 2.0

Production workers will get a wage increase that curiously follows a strong year for the autoworkers’ union.

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Renewable Energy Growth Is Speeding Up Nicely

Photo by Gustavo Fring via Pexels

The sector had its fastest growth ever in 2023, spurring hope that climate goals can be achieved.

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The Folly of Financial Gurus

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Social-media channels are full of business gurus promising that you can make tons of money this year…. but only if you attend their seminar.

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Microsoft Passes on Passwords in Accessible Identity Tech Patent

Photo via U.S. Patent and Trademark Office

Microsoft’s cybersecurity patent that uses secret handshakes walks a fine line between identity security and user privacy.

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Banks Are Making Hay Out of Post-Banking Crisis Safeguards

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

Banks are finding novel ways to game the Fed’s safeguard systems, according to a Wall Street Journal analysis.

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The EU Steps Up Pressure on Cushy Caribbean ‘Golden Passports’

Photo by Hugh Whyte via Unsplash

So-called “golden passports” for five Caribbean countries are under increasing political pressure from the EU, according to Bloomberg.

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JPMorgan Adds to Space Ambitions with Off-Planet Payments

Photo via U.S. Patent and Trademark Office

The bank’s out-of-this-world patent for “space-based payments” relies on blockchain networks, satellites and stablecoins.

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Amazon Axes Hundreds of Employees Across Streaming Business

Photo by Thibault Penin via Unsplash

Amazon has announced hundreds of layoffs across its Prime Video, TV and film studios, and Twitch businesses.

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Amazon Sharpens its Senses with Personalized Alexa AI Patent

Photo via U.S. Patent and Trademark Office

The tech adds to its ongoing efforts to make Alexa more intuitive and contextual.

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Hedge Funds, A.I., and Media Wars

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A presidential election – and democracy – may be at risk.

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Dating Apps Are Squeezing a Dwindling User Base

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Holding the line against advertising has forced companies to extract more fees out of the remaining subscribers.

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Startup Founders Are Feeling Skittish After Altman Fiasco

Photo by TechCrunch via CC BY 2.0

The leaders of young companies are turning to supervoting stock and cherry-picking their boards to avoid a blindside.

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The Global Auto Industry Is Recentering Around China

Photo by Denys Nevozhai via Unsplash

Overseas sales of China-made cars hit a record high in 2023, likely outpacing Japan to make China the world’s top exporter.

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Asset Managers Want Bitcoin ETF Supremacy Even if They Don’t Exist Yet

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Asset managers are already in a pricing war to see who can offer the most attractive spot bitcoin ETFs, whether the SEC approves or not.

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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

Photo via U.S. Patent and Trademark Office

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

Photo via Rawpixel

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Why Access Controls May Be AI’s Biggest Security Vulnerability

Photo via Pavlo Gonchar

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