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Authorities Recover $1.3 Million USD Picasso Drawing Tied to 1MDB Scandal

Federal authorities have recovered a $1.3 million USD Pablo Picasso drawing connected to the 1MDB scandal, a massive corruption case involving Malaysia’s sovereign wealth fund. Jasmine Loo Ai Swan, former general counsel for 1MDB, agreed to surrender the Picasso and a Swiss bank account tied to embezzled funds, totaling around $1.8 million USD, according to the U.S. Justice Department.Jho Low, the alleged mastermind behind the 1MDB fraud, remains a fugitive. From 2009 to 2015, over $4.5 billion was misappropriated from 1MDB by officials and associates, including Low and Loo. These funds were funneled through international money laundering and bribery schemes as per a report by Artnet.The recovered Picasso, 'Trois femmes nues et buste d’homme' (1969), was bought by Loo for $1.3 million USD ...

Josef Albers’ Expansive ‘Formulation: Articulation’ Is on View at David Zwirner

Josef Albers' color studies take center stage in a new solo exhibition at David Zwirner. The online show emphasizes the German-American artist and educator's print portfolio, Formulation: Articulation, which is mapped across 127 screenprints printed on 66 sheets of folded wove paper, which explore a number of pivotal periods within Albers' career — from his early days at the Bauhaus and the woodcuts he'd tinker with at Black Mountain College to the Variant/Adobe and Homage to the Square artworks that he's arguably most remembered for today. Albers, who passed away in 1976, age 88, was constantly experimenting well into old age. Printmaking became a quick and efficient way for him "to explore new methods....," wrote Brenda Danilowitz, art historian and chief curator at the Josef and Anni Al...

Samsung: Cashback auf Soundbars und Lifestyle-TVs – Prad.de

Samsung Deutschland hat eine neue Sonderaktion am Start. Wer sich zwischen dem 22. Juli 2024 und dem 30. September 2024 für den Erwerb eines teilnahmeberechtigten Produktes entscheidet oder bereits ...

BMW Reveals One-Off M5 “Pebble Beach Concours d’Elegance” Edition

BMW has unveiled the one-of-a-kind 2025 BMW M5 "Pebble Beach Concours d’Elegance #1/1," set to be auctioned by Gooding & Company on August 16 during Pebble Beach Automotive Week. This exclusive model, the first 2025 M5 to be delivered in North America, boasts unique features and finishes.The 2025 M5 Pebble Beach edition is a product of collaboration between BMW M, BMW Individual and the Pebble Beach Concours d’Elegance. It is distinguished by a BMW Individual Frozen Orange metallic paint, inspired by the vibrant hues of a Pebble Beach sunset. This color, scheduled to be discontinued before M5 production, was specially applied weeks in advance, adding to its exclusivity.Complementing the striking paint are hand-painted orange accents on the 20-inch front and 21-inch rear M Dual-Spoke Bi...

Xiaomi Launches 1548 Horsepower SU7 Ultra

Xiaomi has made a significant leap in its performance vehicle category with the unveiling of the Xiaomi SU7 Ultra. Introduced during Xiaomi founder Lei Jun’s Annual Speech, this prototype marks a milestone for the company, with the vehicle boasting an impressive 1548 hp.The SU7 Ultra is powered by Xiaomi’s newly announced electric "HyperEngine V8s," complemented by two additional motors: one V8s and one V6s. Statistically, this combination surpasses the power of luxury sports cars like the Bugatti Chiron, with the HyperEngine V8s alone delivering 578 hp and 468 lb-ft of torque. Equipped with CATL’s Qilin 2.0 high-power battery, the SU7 Ultra promises unmatched performance with an output of 1330 kW. Additionally, the battery’s innovative LFP chemistry allows for rapid recharging, achieving ...

Claire Tabouret Presents ‘The Eloquence of Tears’ in New Ceramic Exhibition

French artist Claire Tabouret ventures back home to the South of France in a new solo exhibition at Château La Coste. Produced in collaboration with Manufacture de Sèvres, L’Éloquence des Larmes (The Eloquence of Tears) provides a new terrain for Tabouret, who is globally recognized for her gestural portrait paintings depicting tales of the sea, youth and self, as she continues to experiment with ceramic vessels that are centered around the theme of womanhood.Having just given birth to her second child, Tabouret conceived the concept of her new show whilst pregnant. "The women Claire Tabouret represents mourn the loss of a child," wrote Château La Coste, which also doubles as a vineyard and restaurant. "For this series, Claire Tabouret summoned the weeping, mother figure in the history of ...

Jules de Balincourt Paints Mysterious Worlds for Victoria Miro

Victoria Miro will showcase new paintings by Jules de Balincourt this fall in London, accompanied by writings from Bob Nickas. De Balincourt’s work captures states of mind rather than reality, creating fantasy-like worlds where landscapes and seascapes blend with abstract forms. His intuitive process involves layering translucent paint to transition from abstraction to figurative imagery. These spaces, filled with figures in perpetual motion, evoke a volatile and mysterious world, encouraging themes of meditation and escape. The exhibition will feature a mix of large and small paintings, often displayed salon-style to invite free association.Additionally, de Balincourt has designed a new skateboard for an exhibition at Paris’ Hôtel de Crillon in collaboration with The Skateroom, celebratin...

Alpine Reveals ‘Deadpool & Wolverine’ Inspired Livery

With the highly anticipated Deadpool & Wolverine movie release just around the corner, brands are taking advantage of the excitement by releasing products that range from a special edition adidas capsule to Cheeky Xbox controllers. The latest homage to the film comes in the form of a special livery by the Alpine F1 Racing team.Ahead of the Belgian Grand Prix, Alpine has unveiled this special one-off livery, with the bold new design to be featured on the cars of drivers Pierre Gasly and Esteban Ocon. Departing from their traditional look, the new livery features a striking combination of red and black, highlighted by distinctive yellow claw marks, paying homage to the Marvel superheroes.Notably, Ryan Reynolds, who portrays Deadpool, is part of a group of investors that injected over $20...

Cadillac Unveils Its Latest Concept: The SOLLEI

Cadillac has introduced the SOLLEI concept vehicle, a luxury, coach-built, all-electric convertible. The SOLLEI, a 2+2 convertible, features a striking 55-inch pillar-to-pillar screen, a luxurious interior and sophisticated exterior lighting choreography. Its name, derived from "sun" (SOL) and "leisure" (LEI), encapsulates Cadillac’s vision of a leisurely, open-air lifestyle."SOLLEI reimagines the discovery of travel, offering a personalized driving experience that connects with the natural world," said Erin Crossley, Cadillac's design director. This concept celebrates Cadillac’s legacy of elegant convertibles with a modern twist, emphasizing high luxury and design innovation.Cadillac's collaboration with MycoWorks introduces Fine Mycelium material, a renewable resource used in the vehicle...

A Close Look at Daniel Arsham’s Cabin & Sculptures in Destination Kohler

Daniel Arsham’s private guest cabin, perched on a bluff, offers a deep dive into his artistic vision. Designed by Arsham himself, this two-bedroom, two-bath retreat showcases his new Landshapes collection and personal touches. Ideal for adults 16 and older, the cabin accommodates up to four guests, with options for either one king bed or two twin beds per room. Amenities include a fireplace, a spacious porch, and a zen garden featuring Arsham’s sculptures. Pets aren’t allowed, and early check-ins or late departures aren’t available. Book a stay now.On the grounds of Destination Kohler, six of Arsham’s large-scale sculptures are prominently displayed, including ‘Bronze Eroded Melpomene,’ ‘Bronze Eroded Pentax Camera,’ ‘Bronze Eroded Trainer,’ ‘Bronze Eroded Pikachu,’ ‘Bronze Eroded Porsche ...

Fragment of George Washington’s Tent Bought at Goodwill for $1,700 USD

A fragment of George Washington's tent was strangely sold on Goodwill's website for a mere $1,700 USD. It's neither the platform, nor the price you'd expect from a historical artifact once belonging to the first US president, especially one that Washington was encamped in while fighting the British during the Revolutionary War. Richard "Dana" Moore, a 70-year-old history buff who bought the fragment, was in awe at the sheer ease in buying the item in 2022. “I was like, ‘This can’t be.’ So I was a little bit astonished,” Moore told CNN, even hiding it from his wife Susan, until he did further research to verify its authenticity. Attached to the tent fragment was a small hand-written note that said that it was taken "from the history building at Jamestown Exposition 1907", and that it was th...

Der Cupra Terramar mit Schwimmflügeln

Cupra-Lifestyle fürs Wasser gibt's jetzt auch elektrisch mit dem E23 Terramar. AUTO BILD hat sich die Mini-Jacht einmal angesehen!