The Daily Upside

Universal Music Squashes its Beef with TikTok

Photo by Lars Crommelinck via CC BY 2.0

The new deal enmeshes UMG’s music into TikTok’s burgeoning e-commerce business while also battling AI-generated songs.

Loading…
Microsoft’s Model Screener Could Create More Responsible AI Tools

Photo via U.S. Patent and Trademark Office

Microsoft may want its language models to prove their worth.

Loading…
Cable Dispute Blacks Out MLB Games in 15 US Markets

Photo by Andy Witchger via CC BY 2.0

As the latest MLB season kicks into full gear, fans in 15 markets across the US can’t watch local game broadcasts.

Loading…
Goldman Sachs Files Blockchain Patent Despite Crypto Disinterest

Photo via U.S. Patent and Trademark Office

Goldman Sachs may want to use blockchain for anything but crypto.

Loading…

Starlink is Poised to Move into Yemen

Photo by Anirudh via Unsplash

Elon Musk’s Starlink is set to receive official approval to enter Yemen, where a civil war has been raging since 2014, Bloomberg reports.

Loading…
Disney Generative AI Patent Taps Into Users’ Memories

Photo via U.S. Patent and Trademark Office

Disney wants to use AI to help you recall fond memories.

Loading…
Fed Keeps Interest Rates Steady Amid Solid Job Growth

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

The central bank held the funds rate at 5.25% to 5.5%, citing a “lack of further progress toward the Committee’s 2% inflation objective.”

Loading…
McDonald’s May Have to Tap Out on Raising Prices

Photo by Lucas van Oort via Unsplash

First-quarter revenue rose, but global same-store sales grew just 1.9%, slightly below what Wall Street had predicted.

Loading…

Climate Change Insurance Startup Arbol Raises $60 Million

Photo by John Middelkoop via Unsplash

The new fundraising comes just a month after Arbol spun up a subsidiary catering to homeowners in US coastal communities

Loading…
FTC Challenges Hundreds of Pharma Patents

Photo by Chemist4U via CC BY-SA 2.0

The regulator sees some patents as ploys to keep companies from developing cheaper generic versions of 20 different brand-name drugs.

Loading…
Paramount Ousts CEO Amid Sale Effort

Photo via Hannah Wernecke

As Paramount Global very publicly pursues a sale, longtime executive Bob Bakish has found himself increasingly on the outs.

Loading…
Older, Wealthy Americans Are Delaying Rate Cuts With Their Big Spending

Photo by Matt Bennett via Unsplash

Spending by older affluent Americans is helping grow the economy. But it’s also contributing to a delay in the Federal Reserve cutting rates.

Loading…

OpenAI Inks Licensing Deal with the Financial Times to Train Chatbots

Photo by Financial Times via CC BY 2.0

On Monday, the Financial Times said it struck a deal with OpenAI to allow the generative AI darling to license the FT’s content.

Loading…
Blade to Launch Hamptons-Bound Luxury Bus Line

Photo by Sue Elias via CC BY 2.0

Tickets start at $195, with passengers treated to free Sweetgreen salads and espresso martinis.

Loading…
General Catalyst Closes $6 Billion Fund

Photo by Hardik Pandya via Unsplash

It’s a possible sign that the VC industry’s newest chapter is a story of the haves and have-nots.

Loading…
Chinese Regulators See Regional Banks Headed for SVB-Style Chaos

Image Credit: Getty Images, awdebenharn.

Authorities are concerned about regional banks piling too heavily into longer-yielding government bonds in recent months.

Loading…
America’s Shortening Attention Spans are Corporate Gold

Photo illustration by Connor Lin / The Daily Upside, Photo by Tohamina via Freepik

The stakes for media and tech companies have never been higher, even if attention spans have never been shorter.

Loading…
A Mercedes With Autonomous Driving Just Hit the US Market

Photo by Manuel Pappacena via Unsplash

Cars with Drive Pilot are only available for sale in California and Nevada, and even there it only works on certain freeways.

Loading…
Struggling Diamond Giant De Beers Is Reportedly for Sale

Photo by Bas van den Eijkhof via Unsplash

The potential sale is playing out against a larger deal as Australian rival BHP has offered to buy parent Anglo American for $39 billion.

Loading…
FCC Votes to Restore Net Neutrality

Photo by Internet Education Foundation via CC BY-SA 2.0

When the rules are in place, internet service providers must allow equal access to all websites and domains.

Loading…

Advisor Upside

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

Trump Media Delays Registration for Bitcoin ETF

Photo via Hu Yousong / Xinhua News Agency/Newscom

Loading…
Vanguard’s Joe Davis on AI and the ‘Second Half of the Chessboard’

Joseph Davis, Vanguard’s global chief economist and global head of the Investment Strategy Group.

Loading…
China’s Revolutionary DeepSeek Turns to American Hardware for Upgrade

Photo by Solen Feyissa via Unsplash

Loading…