Word: reals
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Dates: during 2010-2019
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...online role-playing game Second Life, it caught the attention of KallfuNahuel Matador, a bald, blue-skinned avatar. "It was like somebody had thrown a virtual bomb," says Matador, a Canadian who asked to be referred to by his online name so as not to blend his real life with his second one. What he saw motivated him to organize a team of online superheroes to secure the camp, make patrols and recruit players to stop similar acts of vandalism. (Read: "U.K. Couple to Divorce over Affair on Second Life...
Bottom line: the Nook is a nicer package than the Kindle. But the real question is, Will either of them survive the arrival of Apple's tablet computer, which is expected in late January? We used to think the only way to read e-books was on drab-looking E Ink displays, but Apple's ultra-sharp iPhone screens have proved otherwise. As nice as the Nook is, like the Kindle, it will probably be obsolete long before paper books...
...theory, I used my landline to call Sherry Turkle, an MIT professor of the social studies of science and technology. She told me people are not only uninterested in Skype, we're also not interested in talking on the regular phone. We want to TiVo our lives, avoiding real time by texting or e-mailing people when we feel like it. "Skype, which was the fantasy of our childhood, gets you back to sitting there and being available in that old-fashioned way. Our model of what it was to be present to each other, we thought we liked that...
...about a year now, we've been hearing that commercial real estate is the next shoe to drop, the next big financial debacle. And for about a year now, the oft-predicted crisis has stubbornly refused to materialize. It's not that everything's fine in the commercial real estate business. Everything's awful and will probably get more awful. But unlike 2008's Wall Street panic, this particular financial unraveling looks as if it will play out over a period of years, not weeks...
...train wreck in slow motion," says Richard Parkus, head of commercial real estate debt research at Deutsche Bank. "Because it's in slow motion, people get this sense that it's really not happening. It is happening." To get a sense of just how the train wreck is unfolding, I took a tour last month of the warehouses and industrial parks of eastern Los Angeles County. Chris Bonney, the president of the City of Industry, Calif., office of commercial brokerage Lee & Associates, was my guide (and my driver). With the phenomenal growth of foreign trade passing through the ports...