How The Wealthy Hide Billions Using Tax Havens
Every year, about 70 billion dollars that the US could be using for infrastructure, law enforcement, healthcare or education is missing. It’s hidden deep within shell companies and anonymous entities in places like the British Virgin Islands. What exactly is a shell company and how does it work?
Beyond The Growth Gospel
The Hotel Belvédère du Rayon Vert symbolizes the very empire these adherents of “degrowth,” as the movement is known, wish to overthrow: consumption, wealth, inequality, travel, and cement, the whole modern industrial condition.
The Story Of World’s First Floating Hotel Abandoned In North Korea
In October 2019 North Korean leader Kim Jong-un ordered the demolition of the world’s first floating hotel. Docked in North Korea, the hotel is currently owned by a South Korean company that bought it from a Japanese one. It was a major hit in Vietnam but it was originally made for Australia, designed in Sweden and built in Singapore.
The Heart Of Today’s Billion-Dollar Sneaker-Collecting Boom Is 35 Years Old
Nowadays, sneakers aren’t just for wearing. They’re an asset class, on display at museums, and fueling an increasingly profitable resale market. Much of that traces back to Nike putting a superstar rookie’s name on a new pair of kicks in 1985.
The Contrepreneur Formula Exposed
People are getting rich selling crap online courses because you believe there is some kind of secret formula to create passive income. In this video, Mike Winnet explains the science behind the CONtrepreneur formula. He spent 6 months buying their courses and attending their events so you don’t have to.
The Failure Of The Forever 21 Empire
If Forever 21 survives, it will be with fewer stores, fewer employees, and more manageable ambitions. But that more modest future likely depends on the Changs giving up control. If they don’t, Forever 21 may not have much of a future at all.
Drought And Floods — The Climate Exodus
More people around the world are fleeing from climate change than from war. If human-induced climate change continues at the current rate, the World Bank warns that by 2050 there could be as many as 180 million climate refugees.
Why Apple’s ‘Trash Can’ Was A Colossal Failure
Apple’s 2013 Mac Pro was a classic case of form over function. Pro users were unable to upgrade the “trash can” or customize it to their liking. There were also thermal limitations that Apple didn’t think about with this design. And 6 years after the revolutionary “trash can” design, Apple goes back to the cheese grater design.
What Facial Recognition Steals From Us
In just the past five years, the meaning of the human face has quietly but seismically shifted. That’s because researchers at Facebook, Google, and other institutions have nearly perfected techniques for automated facial recognition.
Abandoned Places: The Pontiac Silverdome
Just outside of Detroit, in Pontiac Michigan, sits one of the most famous and iconic abandoned structures in the country. At one time the largest NFL stadium and host to SuperBowl 16. This is the Pontiac Silverdome.
GauGAN: Changing Sketches Into Photorealistic Masterpieces In Seconds
A deep learning model developed by NVIDIA Research turns rough doodles into highly realistic scenes using generative adversarial networks (GANs). Dubbed GauGAN, the tool is like a smart paintbrush, converting segmentation maps into lifelike images.
Collision Course: Why Are Cars Killing More And More Pedestrians?
For drivers, roads are safer than ever – but for people on foot, they are getting deadlier. In 2018, 41% more US pedestrians were killed than in 2008. Car companies and Silicon Valley claim that they have the solution. But is that too good to be true?
The Roman Wall That Split Britain Into Two Parts
Hadrian’s Wall was a 73 mile barrier stretching from coast to coast, splitting the warlike north of Britain from the more docile south. It was the Roman Empire’s way of imposing peace in a hostile land.
The Case Against Boeing
In the wake of the 737 MAX disasters, caused by a software feature, Boeing and regulators initially placed blame on the planes’ pilots. Since Samya Stumo’s death in a 737 MAX crash, her parents and her great-uncle, Ralph Nader, have devoted themselves to proving that the company put profit over safety.
The Future Of Airliners?
One that could shake up the duopoly of Boeing and Airbus to force competition and new designs? Take a look at the D8, nicknamed the Double Bubble, developed by Aurura, MIT and with the help of NASA.
The Tech Giants Are Coming For Our Homes
The likes of Amazon, Google, Samsung, Apple and others are all competing for smart home dominance – but what drove so many of us to invite these multinational corporations into the highly personal spaces where we live?
A Hero In The Sky (And On The Ground)
Ann Sim lives a double life. A member of Singapore Airlines cabin crew, she is also a volunteer medic with the Singapore Civil Defence Force, which responds to all kinds of emergency situations. While her job offers her the opportunity to see the world, Sim’s volunteer work enables her to give back to her community.
“Vert”, Short Film About Unearthing A Husband’s Secret Through VR
Emelia and Jeff are an open-minded couple celebrating their 20th wedding anniversary by venturing into the virtual reality world of ‘Vert’ together. Vert presents them with a character that is their ‘ideal self’ and what is supposed to be re-awakening for them as a couple becomes the unearthing of Jeff’s secret.
Unearthed Photos Reveal What Happened To Those Who Dared To Flee Through The Berlin Wall
The US filmmaker Scott Calonico obtained a cache of photographs from security service records of the former German Democratic Republic (GDR). One sequence in these never-before-seen images shows the arrest of a West German couple and the East German family they were trying to smuggle out in the boot of their car on 3 September 1988.
What Does Uber Love More: Restaurants or Investors?
Eateries are getting squeezed by delivery apps. Restaurants can enjoy a 69% profit margin onsite, versus just 38% from deliveries. Uber could give up profit to keep them happy, but that’s not what IPO investors want to hear.
The Man Who Drove McDonald’s Out Of Iceland
Tómas Tómasson’s all-American burger joint is so legendary in Iceland, it ousted McDonald’s from the country. It all began back in 1981 when the good folk of Reykjavík, Iceland still thought fish and chips was exotic foreign food. Along came Tommi and taught them to worship a new kind of sustenance: the mighty burger.