The Daily Upside

Adobe Adds to AI Image Editing, Generation Patents

Photo via U.S. Patent and Trademark Office

Adobe said last week that it would overhaul its terms of service and clarified that it will not train AI using customer data.

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When Will the Future Cities Get Here?

Photo illustration by Connor Lin / The Daily Upside, Photos via NEOM Newsroom, Dan Lundberg via CC BY-SA 2.0, Palácio do Planalto via CC BY 2.0, and Loriski via CC BY-SA 3.0

We check in on two planned smart cities in Saudi Arabia and Guyana to see if the future is any closer to arrival.

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Wells Fargo Fires Employees for Pretending to Work

Photo by Nick Sarvari via Unsplash

Wells Fargo said the allegations involved “simulation of keyboard activity” that created the “impression of active work.”

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Honor Jumps into the Flip Phone Game to Top the Likes of Samsung and Apple

Photo by Raysonho via CC0 1.0

With top Chinese phone maker Honor releasing its first vertical flip phone this week, is the foldables market making a comeback?

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Oil and Corn Companies Team Up to Challenge EPA

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Dozens of oil and plant-based fuel companies are joining forces to mount a legal war against the EPA’s new emissions standards.

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Amazon Strikes Big South America Telcom Deal for its Satellite Business

Photo by Fran Werner via Pexels

On Thursday, Amazon’s Project Kuiper announced a deal with South American telecom company Vrio to provide internet to seven countries.

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Fidelity Wins Latest Battle in ETF Fee War

Photo by ARRC Photography via CC BY-SA 2.0

Fidelity is making good on a promise to impose a new fee for companies looking to feature ETFs on its platform. Issuers are not impressed.

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SEC Takes Aim at ‘AI washing’

Image Credit: iStock, krblokhin

New SEC lawsuits are aiming to address the dangers that AI may pose to investors.

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Amazon AI Alexa Patents Highlight Data Collection Domino Effect

Photo of Amazon’s multi-session context patent via U.S. Patent and Trademark Office

Two patents from Amazon signal Big Tech’s desire to give consumers the benefits of AI by getting under their skin.

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AI Sends Apple’s Share Price Soaring

Photo by Carles Rabada via Unsplash

Two days after Apple unveiled its wave of artificial intelligence systems, the tech giant witnessed a massive share price rally.

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IBM Patent Signals Big Tech’s Growing Focus on AI Wearables

Photo via U.S. Patent and Trademark Office

IBM’s latest patent wants to give you the right tool for the job.

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The G7 Wants to Get Involved with Semiconductors and Subsea Cables

Photo by Vishnu Mohanan via Unsplash

The Group of Seven countries are forming a group that will rejigger the semiconductor supply chain and lay out new subsea internet cables.

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Snap May Be Eyeing an AI Comeback

Photo via U.S. Patent and Trademark Office

Snap could use AI to create more engaging experiences and “significantly strengthen Snap’s standing as a legitimate content platform.”

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Will Cooling Inflation Spur a Fed Pivot?

Photo by J.Marca Executive via Public Domain Mark 1.0

Inflation cooled in May. So why isn’t the Federal Reserve slashing interest rates yet like other wealthy countries have done?

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Warner Bros. Discovery Scores French Open Broadcast Rights

Photo by Passion Leica via CC BY-SA 2.0

After likely losing NBA rights, Warner Bros. Discovery scooped up the US broadcast rights to the French Open.

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Argentina Sets Itself Up as a Mecca for AI Deregulation

Photo by Presidency of Armenia via CC BY-SA 3.0

In an interview with the Financial Times, an Argentinian presidential advisor said the country wants to welcome AI companies with open arms.

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Small Businesses Feel the Pinch of Higher-for-Longer Interest Rates

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

As the prospect of higher-for-longer continues to sink in, small businesses are beginning to feel the pinch, per Bloomberg.

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Midday Market Brief: Wait and See

Photo illustration by Connor Lin / The Daily Upside

Stocks are mostly stuck in neutral as investors await two key pieces of data on Wednesday.

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Moderna Pins Hopes on Combined Flu and Covid Jab

Photo by Baltimore County Government via Public Domain Mark 1.0

A recent trial showed its new 2-for-1 injection was more effective on both illnesses than existing individual shots.

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Europe’s Disruptive Election Rocked the Region’s Markets

Photo by Faces Of The World via CC BY 2.0

Europe’s various far-right parties increased their control of the EU’s parliament to 25% from the roughly 20% since elections in 2019.

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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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