Investments

Economics

Saudi Arabia’s Sovereign Wealth Fund is Homeward Bound

Photo by Vadim Nefedov via iStock

Saudi Arabia’s Public Investment Fund (PIF) signaled on Tuesday that it’s dialing down its investments outside the kingdom’s borders.

2 min read

Photo by Ilya Plekhanov via CC BY-SA 4.0

Autos

Uber Spreads Its Self-Driving Bets

Uber announced it’s investing in Wayve, a UK-based startup that’s building self-driving software for cars.

1 min read
(Photo Credit: Serba Sembilan/Flickr)

Finance

Berkshire Hathaway Takes a Steps Back from Apple, Builds Cash Pile

Berkshire Hathaway slashed its stake in Apple by nearly 40%, helping grow the Omaha company’s cash pile to more than $270 billion.

1 min read

Photo illustration by Connor Lin / The Daily Upside, Photos by Vlad Yushinov and Choness via iStock

Consumer

Is the Restaurant Industry at the End of an Era?

Across-the-board inflation — including food costs, labor costs, and real estate costs — is pummeling restaurants. Can the industry survive?

6 min read
Photo by Nandaro via CC BY-SA 3.0

Media & Entertainment

2024: The Year Legacy Media Gave Up on Cable

In 2024, legacy media giants like Disney and NBCUniversal finally had enough with cable — and started making their own off-ramps.

1 min read
Photo by Ajay Suresh via CC BY 2.0

Media & Entertainment

2024: The Year YouTube Became TV

YouTube may have started off as a platform for small screens, but now it’s increasingly dominating the living room TV.

2 min read

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