The Daily 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.

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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.

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Murdoch’s REA Group Abandons Takeover Bid for Rightmove

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News Corp subsidiary REA Group abandoned its monthlong quest to take control of Rightmove, which rejected four “unattractive” bids.

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The Biggest Risk to a Soft Landing Might Just Be Jerome Powell

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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.”

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Honda Wireless EV Charging Patent Highlights ‘Range Anxiety’ as Adoption Barrier

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Charging infrastructure remains one of the biggest hurdles for widespread EV adoption.

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Zoom Engagement Analysis Patent Could Walk Privacy Line

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Zoom’s recent patent wants to make sure you’re participating in sales calls.

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Microsoft Wants to Solve Inaccuracy, Hallucination in AI Models

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hallucination in AI is a pervasive, core issue that might not be easily solvable.

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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.

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Controversial CEO of Bankrupt Steward Health Care to Resign

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Dallas-based Steward Health Care is may just well be the poster child for private equity investment in healthcare gone wrong.

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AI is Passing the First Stage of its Antitrust Era

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It’s not a hallucination: Artificial intelligence companies have actually managed to placate at least one national regulator.

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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.

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Zillow Adds Climate Risks to Home Listings

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Zillow will be adding climate risk scores and insurance information to for-sale listings on its online marketplace.

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Citigroup and Apollo Strike $25 Billion Partnership in White-Hot Private Credit Market

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Citigroup and asset management giant Apollo Global announced an alliance to source $25 billion worth of deals in the next half-decade.

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Saudi Arabia Gives Up Trying to Drive Oil Higher

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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.

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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.

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Mastercard Continues Crypto Crusade with Seamless Transaction Patents

Photo of Mastercard’s Trustless Transaction Patent via the U.S. Patent and Trademark Office

Mastercard’s interest in this tech could help legitimize crypto in the broader scheme of traditional finance.

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Google Social Media Patents Add to YouTube’s AI Upgrade

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The filings add to Google’s larger bid to build AI into YouTube’s offerings, though AI could present risks in this context.

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Behind the SEC’s WhatsApp Crackdown

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The SEC has dished out more than $3 billion in fines regarding off-channel communications, with another 11 firms getting dinged this week.

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Active ETFs Surge Among Advisors

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Roughly 30% of portfolios had exposure to active ETFs in the second quarter, up from just 13% in 2022, Fidelity reported.

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Sinking Fees Are Creating ‘Leaky Boats’ for Asset Managers

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Roughly $180 billion in assets flowed out of more expensive equity funds in the first half of the year.

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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

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