Blackstone Defaults On $562 Million Bonds

Blackstone Defaults On $562 Million Bonds

This morning Bloomberg reports that Wall Street’s largest commercial real estate landlord, private equity giant Blackstone, has defaulted on a €531 million ($562 million) bond backed by a portfolio of offices and stores owned by Sponda Oy, a Finnish landlord it acquired in 2018.

Why Are People Afraid Of ‘15-Minute Cities’?

Why Are People Afraid Of 15-Minute Cities

In an effort to make towns more user- and eco-friendly, urban planners have unveiled the ’15-minute city,’ which hopes to keep residents close to home to battle climate change. But will this plan open the door to greater restrictions?

US Firms Investing Billions Of Dollars In China’s AI Sector: Report

According to a report, US firms are investing billions of dollars into China’s AI sector, and there are dangers associated with these investments because they sometimes come with other intangible benefits that involve transferring American skills to Chinese-based businesses.

Technocratic Dystopia Is Impossible

Technocratic Dystopia Is Impossible

In the coming technocratic dystopia, life will be grim for most of us. For those who survive the preliminary depopulation, a technological control grid run by AI and robots will keep tabs on our every movement. You notice that your pantry cube is running a bit low on freeze-dried bug burgers, fake meat, and cockroach milk.

25 Best Virtual Conference Platforms Of 2023

25 Best Virtual Conference Platforms Of 2023

Meet the creepy ultrarealistic AI robot Xoxe. She will gain emotional intelligence in two months, according to Dr. Khoze, thanks to facial recognition software pre-programmed into the cameras in her eyes.