The Daily Upside

TikTok Is Ready to Sue Over Potential US Ban

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The new bill could be voted on in the Senate as soon as Tuesday, and TikTok is ready with a legal strategy.

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Big Tech Has an Energy Problem

Photo illustration by Connor Lin / The Daily Upside

How tech firms reconcile their desire for endless growth with bold climate goals.

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Paris Residents Still Waiting on Huge Demand for Olympics Rentals

Photo by Rodrigo Kugnharski on Unsplash

Residents have watched their dreams for a huge windfall dwindle as a glut of listings has come on the market, driving rental prices lower.

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Weight-Loss Drugs Are Dragging Down Snack Makers’ Bottom Line

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A new survey finds evidence that “the drugs have a meaningful impact on consumer behavior and spending on groceries and restaurants.”

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Bigger Is Still Better in the S&P 500

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The top 50 companies in the index have seen a collective 4.5% skid so far in April, while the bottom 50 have slipped 8.6%.

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Finding the Real in Artificial Intelligence

Photo illustration by Connor Lin / The Daily Upside

Does the AI hype actually hold any substance? As long as you don’t get distracted by shiny things, these venture capitalists say.

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WeWork Scrambles To Stop Adam Neumann From Buying it Back

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To have any hope of emerging from Chapter 11 without selling, the company needs to raise somewhere in the ballpark of $400 million.

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TSMC Had a Great Q1, But Chip Recovery Looks Sluggish

Photo by Briáxis F. Mendes via CC BY-SA 4.0

Multiple chipmakers have suffered slowdowns across smartphones, personal computers, motor vehicles, and other consumer goods.

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Tesla’s Stock Has Hit the Skids

Photo by Jakob Härter via CC BY-SA 2.0

Shares are at a 15-month low amid a pile-up of bad news, as analysts call for a course correction, and production woes continue to mount.

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Snap Patent Brings Emotion Detection to Workplace Surveillance

Photo via U.S. Patent and Trademark Office

AI that’s meant to detect emotion is highly controversial.

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Superyacht Sales Fall Due to Lack of Russian Oligarch Customers

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Bottlenecked supply problems and a dearth of buyers resulted in 2023 sales falling 35% since 2021.

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Boeing Battles Dual Congressional Hearings

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Experts testified in one hearing about whether the company had improved safety and compliance procedures since two major crashes.

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Intel Filing Could Diversify Deepfake Detection Models

Photo via U.S. Patent and Trademark Office

he filing adds to several patents from tech companies that aim to tackle the deepfake problem amid the proliferation of generative AI.

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Dealmaking Is Coming Back — With or Without Fed Rate Cuts

Photo by Yusuke Kawasaki via CC BY 2.0

Dealmaking-related revenue at a handful of major investment banks collectively rose 27% year-over-year in the first quarter.

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IBM Protects AI From Being Swayed by Bad Data

Photo via U.S. Patent and Trademark Office

Its latest patent puts a magnifying glass to large wells of public data, aiming to make foundational models more robust against attacks.

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US Growth to Lap G7 Peers, IMF Predicts

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The US economy will grow twice as fast as any of its major Western peers this year.

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UnitedHealth Cyberattack Punched a $872 Million Hole In its Finances

Photo via Connor Lin / The Daily Upside

The figure was enough to push the insurance giant to a loss in Q1, despite its revenue beating expectations.

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Big Tech Offloads Office Space, Putting Commercial Landlords in Flux

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Some of the more reliable office building tenants are reversing course by letting leases expire or subleasing space across major cities.

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US Retail Sales Surge as Consumers Shrug Off Inflation, High Interest Rates

Photo by Mostafa Meraji via Unsplash

Sales rose 0.7% month-over-month — about double what many economists had predicted. Year-over-year, that’s a 4% jump.

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The Metaverse: Coming to a School Near You

Photo by Eren Li via Pexels

The tech titan plans to expand its virtual-reality headset into schools to enable immersive experiences.

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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’

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Why Access Controls May Be AI’s Biggest Security Vulnerability

Photo via Pavlo Gonchar

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