Category Archives: City Development

New York regulators slap Robinhood’s crypto business with $30 million fine

Robinhood lays off almost a quarter of its staff The company cut nine percent of its workforce earlier this year. I. Bonifacic @igorbonifacic   Andrew Kelly / reuters For the second time this year, Robinhood is cutting its headcount. On Tuesday, the company announced it would lay off 23 percent of its workforce. According to … Continue reading New York regulators slap Robinhood’s crypto business with $30 million fine

This is what Saudi Arabia’s 100-mile long emission-free smart city could look like

Saudi Arabia is planning a 100-mile line of car-free smart communities Construction is supposed to start this quarter. N. Summers @nisummers     NEOM Saudi Crown Prince Mohammed bin Salman is promising to build a network of smart cities that won’t have any cars or roads. It’s called The Line, due to its arrangement of … Continue reading This is what Saudi Arabia’s 100-mile long emission-free smart city could look like

The Boring Company takes Las Vegas: Elon Musk’s underground tunnels expand beneath Sin City

By Connie Lin       June 30, 2022 The Boring Company, Elon Musk’s infrastructure startup, is charging full speed ahead in Las Vegas. On Thursday, it debuted the first passenger station within its network of subterranean roads, 40 feet below the heart of Sin City. First opened in the spring of 2021, Boring’s Las Vegas loop runs … Continue reading The Boring Company takes Las Vegas: Elon Musk’s underground tunnels expand beneath Sin City

Wales is piloting $2,100-per-month guaranteed income for former foster youth

By Talib Visram   February 19, 2022   In Wales, more than 7,000 children rely on government-assisted care—whether placed in public care facilities or with foster parents, which is the case for the majority. In fact, Wales has the U.K.’s highest rate of “looked-after children”—the term used in Britain for kids in any type of … Continue reading Wales is piloting $2,100-per-month guaranteed income for former foster youth