The Daily Upside

Amid Wars and Economic Malaise, Latin America Could Be a Place to Grow

Photo by Alex Proimos via CC BY 2.0

While most of the world faced a decrease in foreign direct investment (FDI) last year, Latin America stood as a strong outlier.

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Booking.com Hates That Europe Says It’s Big Tech

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Booking.com is officially a member of Big Tech. At least, according to the European Union’s Digital Markets Act.

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Microsoft Coding AI Patent Highlights Ethics Concerns with Productivity Tools

Photo via U.S. Patent and Trademark Office

A Microsoft patent for a machine learning-based coding tool underscores the potential pitfalls of relying too much on AI for productivity.

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The UK Rental Market is Americanizing

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Institutional investors, including so-called US mega landlords, have increasingly been gaining dominance in the UK’s rental market.

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Tesla Patent Could Fix Phantom Braking as It Continues Autonomous Ambitions

Photo via U.S. Patent and Trademark Office

Tesla wants to make sure its autonomous vehicles don’t fall for light tricks.

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Millionaires are Fleeing the UK in Droves in Favor of Tax Havens like the UAE

(Photo by Christopher Bill on Unsplash)

Across the globe, a record 128,000 millionaires are expected to relocate this year, according to a new report.

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Google Patent Signals Interest in Small Chatbots Amid Language Model Craze

Photo via U.S. Patent and Trademark Office

Google wants to make chatbot development easier with its latest patent.

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The AI Bubble isn’t as Bubbly as It Looks

Photo by Vishnu Mohanan via Unsplash

Nvidia’s market cap this week surpassed Microsoft’s to become the world’s most-valuable company. But it may be an outlier among AI firms.

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Is Huawei Becoming the Apple of China?

Photo by Kārlis Dambrāns via CC BY 2.0

Huawei may be considering taking a commission on in-app purchases on its native OS — a tactic that’s bore fruit for both Apple and Google.

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Amazon has to Reckon with the Teamsters Now

Photo by Joe Piette via CC BY-SA 2.0

The independent union representing Amazon workers in Staten Island announced on Tuesday it is now officially affiliated with the Teamsters.

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EV Maker Fisker Folds in a Troubled EV Market

Photo via Fisker Inc.

Fisker, the electric vehicle startup, filed for Chapter 11 bankruptcy Tuesday. The real surprise is that it stuck around as long as it did.

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Breakaway Advisors Say Going Indie Was Worth It: Schwab

Photo by Brendan Church via Unsplash

Going independent can be daunting, but the majority of advisors say the decision turned out to be the right one, according to the survey.

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The DOJ is Coming After Adobe’s Subscription Business

Photo via Connor Lin / The Daily Upside

Adobe got slapped Monday with a lawsuit from the Department of Justice over its allegedly deceitful practices in its subscription business.

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India Goes After AI Investment

Photo by Graphic Gears via Unsplash

India’s warm welcome to AI firms sets it apart from other large economies with slightly more restrictive regulatory approaches.

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Big Banks are Falling in Love with Mid-Sized Companies

Photo by Ikechukwu Julius Ugwu via Unsplash

Wall Street’s biggest banks are increasingly working with mid-sized companies — much to the chagrin of mid-sized and boutique banks.

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Honda Pushes Forward with EV Production, Patents Despite Demand Plateau

Photo via U.S. Patent and Trademark Office

A patent from Honda seeks to make EV charging cheaper and better for the environment.

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Crypto’s Revival Has Been a Boon for Startups

Image Credit: iStock, Chinnapong

In this year’s first quarter, venture investments rose to $2.4 billion, up from $1.9 billion raised in the fourth quarter of 2023.

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Chase, PayPal Digital Ad Gambits Bring New Privacy Worries

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Unlike making a purchase on Amazon or eBay, financial transaction data gives a more complete profile picture.

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Summer Concert Season Isn’t Delivering for Big-Name Artists

Image Credit: iStock, 9parusnikov

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Oracle Seeks AI Automation Patent As Cloud Demand Grows

Photo via U.S. Patent and Trademark Office

Oracle is readying for AI success as demand for cloud services continues to skyrocket.

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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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