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  • Panda Bear Talks Animal Collective, Upcoming Tour and Parenting

    Panda Bear Talks Animal Collective, Upcoming Tour and Parenting

    When Noah Lennox took his critically acclaimed fifth solo album as Panda Bear, Sinister Grift, on tour ahead of its February release, he brought along a newly formed live band. While Lennox made Sinister Grift largely on his own — with co-production courtesy of his Animal Collective bandmate Josh Dibb, also known as Deakin — he recruited four additional collaborators to bring his songs to life onstage, the first time he had ever done so for a tour of his solo material. 

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    Panda Bear shared the road with Toro y Moi on the first leg of the tour and notably paid a visit to NPR’s Tiny Desk in April. Alongside bassist Tim Koh, keyboardist and vocalist Maria Reis, drummer Tomé Silva and Spirit of the Beehive singer Rivka Ravede on the sampler, Lennox, wielding an electric guitar, alternately floated and ripped through three tracks during the unfiltered NPR performance. The 15-minute set showcased the strength of his eternally youthful voice, and the remarkable cohesion among the players, who had been together for less than a year. “I thought about doing a band thing, kind of off and on for a long time,” says Lennox. “I wanted people in the city or close by so we could really just rehearse a lot.” 

    Much like his work with 2000s noise-pop darlings Animal Collective, Lennox’s solo music does not shy away from experimentation. But Sinister Grift, released on Domino Records, streamlined the delivery with stronger melodic payoffs. The lyrics, though at times intentionally lacking in detail, clearly showed an artist wading through life’s murkier stretches — which for Lennox, 47, included a divorce. “I’m seeing things in [the music] that maybe I wasn’t even aware of when it was coming out, you know?” Lennox says.  

    Ahead of the start of his second tour leg of the year, which kicks off Sept. 15, we caught up with Lennox over Zoom from his home in Lisbon, where he has lived since 2004, to discuss his album themes, his plans with Animal Collective, and how your kids will never really think you’re cool (even if you are). 

    You moved to New York around 2000 but moved to Lisbon in 2004. Do you get back to New York much? 

    We were there in February or March or so, just for a day or two. It’s super, super different. Here too. I feel like I saw Williamsburg do the thing, and then I saw Lisbon do the thing, maybe 10 years later. 

    Would you say you’re from Baltimore? 

    I was born in Virginia, and then my family went back and forth between Baltimore and Virginia, and then I was in high school outside of Philadelphia, and then back to Baltimore for a year, and then Boston for a couple years going to school, but I didn’t finish. And kind of in the middle of that, I went to New York for the summer, and my friends Dave [Portner, aka Avey Tare] and Brian [Weitz, aka Geologist] from Baltimore were there, and we played music back in Baltimore, and we just sort of didn’t look back after that. 

    I also grew up around Baltimore, moved to New York and never went back. 
    New York is tough to beat. It’s a tough place to be without a lot of money, but it’s kind of like, the more money you have, the more you enjoy the city. That’s maybe a horrible thing to say. 

    That’s 100 percent correct. I also added a kid to the mix, which kind of drives home the point even more. 

    Yeah, it changes the calculus a bit. 

    You have two kids, right?  

    My daughter is 20 and my son is 15. 

    Your daughter recited some of her original poetry for Sinister Grift’s “Anywhere but Here,” but I read that she didn’t want to listen to the finished product at the time. Has she listened to the song yet? 

    Not that I know of. She always said she didn’t want to. So… 

    It’s funny that even when your dad is a super cool musician guy, there’s still sort of that funny friction with your kid, who’s like, “Yeah, I don’t want to, I don’t want to listen.” 

    I don’t see myself that way. But I can assure you, they definitely don’t see me that way. It’s OK. It keeps you humble. But yeah, she took it really seriously. She approached it very professionally, I thought. She’s just not really interested in the music thing. 

    I also had to laugh when listening to the song “Praise,” where you sing about trying to get your son to pick up the phone. 

    Yeah, that’s where the first line comes from. It started as kind of a song where I was just sort of thinking about the dynamic between my son and I back then, [and it] kind of grew into noticing that there’s this sort of force that drives the relationship as a parent where, no matter what they do or how frustrating they can be sometimes, there’s always sort of this underlying thing that drives how you how you feel about the kid and connect with them. I guess it’s a song about unconditional love, [but it’s a] bit playful about it. There’s the whole “Again and again.” It really ruminates on the frustration of it.  

    You’ve said that Sinister Grift was written at a challenging time in your life. Could you tell me about that? 

    The thing for me was divorce, but it doesn’t come out super explicitly on the thing. You can see there’s pieces of it here and there. There are definitely allusions to it. But out of respect for the thing, I didn’t want to do anything super explicit or super autobiographical, but that kind of thing, it’s going to make its way in there even if you fight against it. But at least half of the songs don’t touch on that situation. 

    How do you decide when you’re writing a song how much of yourself to put into it, versus when to back off and say to yourself, these are just characters? 

    I’d say it’s mostly in the editing. I think of it kind of like a blurry picture, and as I’m trying to make that picture come into focus, that’s when the editing and changes take place, where I feel like I might try to make it move towards a place that feels less sort of specifically mine or about me.  

    At the same time, I think it’s important that the stuff carry this spirit or is reflective of something that I experienced or thought about, something that’s real to me. There’s a seed in everything, I hope, that is reflective of something real for me. I think the audience also kind of brings themselves into it, as I do with other people’s music. With this one, maybe a bit more than other ones I’ve done, I spent more time trying to make sure it didn’t betray anyone’s trust or just felt respectful. 

    Your album closer “Defense” with Cindy Lee is such a rocker, which doesn’t usually come out in Panda Bear music. Where did that come from? 

    It’s one of those things that I was always into, it just never kind of made its way out, I guess, or it never felt like the right time or something. I couldn’t tell you why this was the one where it really came out, but it’s always been there for sure. I mean, I am a bit of an older guy, so maybe I’m just in that zone. 

    Every member of Animal Collective was involved in Sinister Grift in some way. How did the full-team involvement for your solo album differ from how you all work on an Animal Collective album? 

    Typically, in AC, somebody brings a demo or a pretty fully formed idea of a song. It’s been a long time since we were really abstract with creating stuff. Almost always, we need to be together in a room to really put it together. We might do stuff on our own where we’re trying to figure out a part, but you really have to hear everybody doing their thing together to sort it out. So, similar in that sense, where everybody’s kind of trying to find their way, but very directed, not so much of a free for all.  

    When Dave did the thing in “Ends Meet,” I was like, “I really want specifically a noise solo,” and he delivered. Brian’s involvement, I asked him to make me a sound pack. I do a lot of features and remixes, and I like to have tools around. He maybe made me 100 sounds, and I asked him to make me folders of different stuff, like one folder of voices, one folder of swells. It was kind of blueprinted like that. And Josh had had, by far, the biggest involvement, and I’d say, a roughly equal hand in how the thing came out, insofar as he was really directing traffic in the studio and engineered the whole thing, and he mixed it. 

    Are there any plans, officially or unofficially, at this point, for a new Animal Collective album? 

    No, nothing official yet, but I feel like it’s probably just a matter of time. At this point, it’s kind of such a prominent routine in my life that when I’m not doing it, I just sort of feel lost. I’m not sure I’ll share and release music forever, but I’m pretty sure I’ll make it till I’m dead. 

    Are there any up-and-coming artists who youre listening to these days? 

    Firstly, I would mention a bunch of the people who play in my band when we do the songs live. Rivka [Ravede], who’s in the Spirit of the Beehive, Tim Koh, who makes music by himself but also with Sun An, put out a really cool record. I think they have a new one coming out. And Maria [Reis] and Tomé [Silva] both do music and production themselves. I’m a big fan of all that. And I like Mk.gee. I like that Mk.gee record from last year a lot. I like the Cameron Winter record. And there’s also a, they used to be called Micachu and the Shapes, but now they’re called Good Sad Happy Bad. That was one of my favorite records last year. And Water From Your Eyes. Rivka and I saw them play here. They opened for Interpol. 

    Have you ever listened to sombr? A coworker of mine is convinced that there’s a striking similarity between you and this 20-something New Yorker on the rise. 

    I’ll check it out. I’ve definitely seen the name. I think somebody else actually recommended I check him out. 

    This is the first time you’ve toured your solo music with a live band. How does it feel? 

    It feels really good. I think we got a little bit lucky in that all the pieces fit together, both musically and personally. We all have a good time together, which I think goes a long way. Everybody takes it really seriously, is very professional about it. Everybody came to practice really prepared. It just made it really easy. They all make it really easy on stage. Super, super fun. Highly recommend it. 

    This is a random fan question: That song “Step by Step” that you did with Braxe and Falcon, what is that song about? 

    That was one of those ones where I feel like I knew something going on inside myself that maybe wasn’t on the surface at the time, this sense of foreboding that a big change was coming, but I wasn’t sure exactly what it was. I suppose there must have been some sort of feeling like times were tough all around and just wanting to make a song that felt like encouraging myself and others to keep going. 

    That was the song that my partner and I were playing when I had our daughter. We found it very soothing and inspiring. You know, keep going, step by step. 

    Wow! Thank you. I’m really happy to hear that. That’s 100 percent what I was going for. I’ll still listen to that one, every once in a while. It’s really rare that I’ll do that. When they sent me the, I think there was an EP of instrumentals that they did — and when Peter from Domino sent it to me, I loved that sound so much, I was like, “I’m gonna do this.” And I think in like two days or something, I turned it around. I was just really like, “I gotta do this.” 

    It spoke to you. 

    It really did. It was truly a compulsion.  

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  • ENG vs SA Live cricket score today: ENG vs SA Live scorecard, ENG vs SA Live ball by ball commentary – Hindustan Times

    1. ENG vs SA Live cricket score today: ENG vs SA Live scorecard, ENG vs SA Live ball by ball commentary  Hindustan Times
    2. England vs South Africa, 1st T20I, Today, South Africa tour of England, 2025  Cricbuzz.com
    3. South Africa beat England and the rain to leave Cardiff 1-0 up  ESPNcricinfo
    4. England vs South Africa LIVE: First T20, Cardiff – cricket score, commentary, highlights & updates  BBC
    5. England vs South Africa, first T20I: Score, updates, video highlights and expert analysis from series opener in Cardiff  Sky Sports

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  • Amazon Developing Augmented Reality Glasses

    Amazon Developing Augmented Reality Glasses

    Amazon is reportedly developing augmented reality (AR) glasses for consumers and for delivery drivers.

    The company aims to launch the consumer product late next year or early in 2027 and the delivery driver one as soon as the second quarter of 2026, The Information reported Wednesday (Sept. 10), citing unnamed sources.

    Amazon did not immediately reply to PYMNTS’ request for comment.

    According to The Information report, the AR glasses for consumers will feature microphones, speakers, a camera and a full-color display in one eye.

    The AR glasses for delivery drivers will have features that help with the sorting and delivery of packages, according to the report.

    Both products will use the same underlying technology, but only the consumer one will have a full-color display, the report said.

    It was reported Aug. 22 that Meta will debut its first pair of smart glasses with a display at this month’s Connect conference. Codenamed Hypernova, these glasses will include a small digital display in the right lens.

    On Aug. 19, it was reported that the Hypernova smart glasses will be offered at a price starting at $800 before style variations or prescription lenses are added. The report added that the current Meta Ray-Ban glasses are priced at $200 to $400 and the Oakley smart glasses cost up to $500.

    When Meta debuted its Orion AR glasses in September 2024, the company said the device is the “north star” of wearable connection.

    PYMNTS reported at the time that due to advances in technology and material science allowing Meta to leverage a refractive material called silicon carbide to create holographic AR displays laid atop real-life surroundings, an improvement over the existing “passthrough” techniques used by current virtual reality (VR) devices, AR glasses are gearing up to potentially become more than just an ill-fated and cumbersome tech fad.

    These devices will arrive at a time when artificial intelligence has been driving a smart glasses boom. Several tech giants and about a dozen smaller companies are making smart glasses and betting on the product to become the next popular connected wearable.

    PYMNTS reported in February that these AI-powered smart glasses are encased in traditional frames of various styles rather than being the bulky AR/VR headsets of old.

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  • Ange Postecoglou vows to take Nottingham Forest back to the top of European football

    Ange Postecoglou vows to take Nottingham Forest back to the top of European football

    Ange Postecoglou has declared he is determined to take two-time European Cup winners Nottingham Forest back to its “rightful place” in English football, reminding his new club’s fans: “I love winning things — that’s what I’ve done.”

    Four months on since leading Tottenham to the Europa League title, Postecoglou has made it clear he wants to help transport the English Midlands outfit back to the days when they ruled the continental game under Brian Clough.

    “I get a sense the club wants more and that’s certainly what I want, so it’s a really exciting time,” said the 60-year-old, who, it was also confirmed on Wednesday, has brought his backroom coaching staff from Spurs to the City Ground.

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    “I’m honoured and I’m humbled, but more importantly I’m determined to make sure this football club takes its rightful place.

    “It’s a fantastic football club with great history and, even in recent times, it has done really well. You bear that responsibility, but I’m excited and I’m looking forward to it. Really happy to be here.”

    Postecoglou has often talked of how he would watch European Cup finals — long before the Champions League era — with his dad in Australia when he was a kid.

    Those were the days when the late, great Brian Clough led Forest to back-to-back European triumphs in 1979 and 1980.

    He now has the rare opportunity to win the Europa League trophy in consecutive seasons with two different Premier League clubs.

    “It was an exciting competition for me last year when I was at Spurs, and we ended up having a historic night in Bilbao,” said Postecoglou.

    “And this football club hasn’t been in Europe for a very long time, but it’s got a couple of stars on its chest that show it’s got rich history, and I’m sure the fans will be looking forward to it as well.”

    Ange Postecoglou won the Europa League in Bilbao. (Getty Images: AMA/Catherine Ivill)

    The pressure’s on Postecoglou, though, as his predecessor Nuno Espírito Santo is still much loved after getting them back into Europe after three decades before his fall-out and eventual sacking this week by Greek owner Evangelos Marinakis.

    Forest fans are also likely to be wary of Spurs’ 17th-placed finish in the Premier League last season.

    The Australian’s side are expected to play a completely different, attacking brand to the more safety-first approach of the Portuguese’s side.

    “I’ve got to be careful what I say,” Postecoglou said.

    “Everyone’s kind of pigeon-holed me pretty much through my whole career.

    “I love winning. I love winning things. It’s what I’ve done. I like the fans to be excited about watching the team play. There’s already an existing mentality within the group here of working hard for one another, and I want to tap into that.

    “It’s about now implementing my own ideas. I love my teams to attack. I love my teams to score goals. That’s sometimes misconstrued as me just playing one way. But the reason I want my team to play that way is because I love winning things — and that’s what I want to do here.”

    Forest also confirmed Postecoglou will be reunited with his Spurs coaching team of assistants Mile Jedinak, Nick Montgomery and Sergio Raimundo, and goalkeeping coach Rob Burch.

    It will mean the same Australian flavour to his Spurs regime being transported 210km north as he reunites with his trusty right-hand man, 41-year-old assistant Jedinak, who was his choice for captain as long ago as 2014 when he managed the Socceroos at the World Cup.

    AAP

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  • Polygon rolls out hard fork to address finality bug causing transaction delays – The Block

    1. Polygon rolls out hard fork to address finality bug causing transaction delays  The Block
    2. Polygon PoS Sees Transaction Finality Lag, Patch in Progress  Yahoo Finance
    3. Linea resolves sequencer bug as massive token airdrop set to kick off  Cointelegraph
    4. Polygon PoS chain faces delay in reaching consensus finality  The Block
    5. Polygon fixes RPC node bug, consensus returns to normal  Cointelegraph

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  • Canada Lays the Groundwork to Pivot Away From the United States

    Canada Lays the Groundwork to Pivot Away From the United States

    This piece is part of a joint CFR analysis assessing the geopolitical effect of the Trump administration’s tariffs policy on traditional U.S. allies, including Canada as well as the European Union, Japan, and Australia and New Zealand. 

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    Manjari Chatterjee Miller

    Divergence Despite Convergence: The United States-India Strategic Partnership and Defense Norms

    Edward Alden is senior fellow at the Council on Fore­­­ign Relations (CFR), specializing in U.S. economic competitiveness, trade, and immigration policy. 

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    United States

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    Greenberg Center for Geoeconomic Studies

    For the past seventy-five years, the United States and Canada have pursued ever closer economic and military cooperation, celebrated “the world’s longest undefended border,” and built a friendship that was among the deepest between any two countries in the world. That all ended on March 26, 2025, when U.S. President Donald Trump announced he would impose 25 percent tariffs on auto imports, including its largest suppliers Canada and Mexico which had long been guaranteed tariff-free trade under ratified agreements with the United States.

    The fallout has forced Canada to develop a new plan to face down an antagonistic United States. It is built on three pillars: unifying its economy domestically, bolstering military spending, and seeking deeper ties with European allies. Each involves a radical break with the past.

    This pivot essentially began when Canada’s new Liberal prime minister, Mark Carney—who would go on to win an upset election victory in April—delivered the eulogy for the U.S.-Canada relationship in a televised address to forty-one million Canadians the day after the tariffs were announced. “The old relationship we had with the United States, based on deepening integration of our economies and tight security and military cooperation,” Carney proclaimed, “is over.” From here on, he told Canadians, the country would need to “fundamentally reimagine” its economy and ensure that Canada could “succeed in a drastically different world.”

    More From Our Experts

    Manjari Chatterjee Miller

    Divergence Despite Convergence: The United States-India Strategic Partnership and Defense Norms

    While Trump’s tariffs and “America First” unilateralism are reshaping relationships around the world, nowhere has the effect been more profound than in Canada. The country’s response so far has been energetic and ambitious. But as U.S. tariffs start to bite—Canada’s economy shrunk by 1.6 percent in the second quarter of 2025 largely due to falling exports, and its unemployment rate ticked above 7 percent in August—it is clear the hurdles are daunting.

    Canada measures almost 3,500 miles from west to east, but most of the population lives in a narrow corridor along its southern border. Trade and travel naturally run north-south rather than east-west. Despite efforts throughout its history to resist the economic pull of its southern neighbor, Canada took what it called “a leap of faith” by entering into a free trade deal with the United States in 1989. By the early 2000s, some 85 percent of Canadian exports were headed south and internal trade had languished.

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    Greenberg Center for Geoeconomic Studies

    Now, Carney is working furiously to remove artificial barriers to inter-provincial trade. This includes addressing licensing and product standard restrictions that economists say could provide a small boost to Canada’s gross domestic product (GDP), and new investments are being made to build out national infrastructure to diversify trade. Removing regulatory hurdles will be the easier part. Ontario, Canada’s largest province, announced this month that it would open its doors to regulated professionals, such as engineers and electricians from other provinces, and initiatives are moving ahead in other provinces as well.

    Building infrastructure will be harder. The Trans-Canada Highway is still a two-lane road in much of the country. Meanwhile, pipelines move most of Alberta’s oil, its most valuable commodity, south to Gulf Coast refineries rather than east to Ontario and Quebec or west to British Columbia and markets in Asia. Carney has promised to bolster trade opportunities with the rest of the world by expanding ports, building liquefied natural gas terminals, and opening access to new resources for export. On September 5, he announced a sweeping “Buy Canadian” policy that will require the government to purchase from Canadian companies for all taxpayer-funded projects.

    Canada’s defense policy has similarly been built along a north-south axis. The formation of the North American Aerospace Defense Command in 1958 made Canada a critical part of the U.S. early warning system against Soviet air and missile attacks. Otherwise, Canada’s armed forces have remained small, used mostly for supporting NATO-led missions in Europe, Afghanistan, and elsewhere.

    Carney has promised to boost defense spending from 1.4 percent of GDP to 2 percent by March 2026, years ahead of previous plans. Canada is also trying to reduce its overreliance on U.S. military equipment, signaling that its next big purchase of fighter jets will be from European rather than U.S. suppliers.

    Indeed, Carney has spent much of his time in office shoring up relations with Europe on both defense and trade. Since taking office, he has made five multi-day trips to Europe and only one brief visit to Washington. Carney’s enthusiastic support for Ukraine’s fight against Russia has distanced him further from Trump. Canada also signed a “Security and Defence Partnership” with Europe in June that could eventually lead to much deeper integration in European security arrangements.

    Tougher decisions lie ahead. As part of the U.S.-Mexico-Canada Agreement (USMCA), Canada had increasingly aligned its China policy with the United States. This includes emulating the United States’ 100 percent tariffs on Chinese-made electric vehicles. China has retaliated with prohibitive tariffs on Canadian canola, one of the country’s most valuable agricultural exports. At some point soon, Canada will need to decide [PDF] whether to continue embracing the U.S. hard line on China or soften its approach to help fill the void left by the United States.

    Despite these moves, Carney has still made concessions to Trump. He removed a tax on digital services on companies like Meta and Google that faced bipartisan criticism in Washington. On September 1, he lifted most of the retaliatory tariffs levied by Canada, leaving only those on aluminum and steel. While Canada has not reached a new trade agreement with the Trump administration, it is trying hard to leave room for negotiation, perhaps with an eye toward the 2026 review of the USMCA.

    But Carney’s balanced approach could run up against fierce anti-Americanism in Canada. Canadians, it seems, were willing to forgive Americans once for electing Donald Trump—but not a second time. Travel to the United States has plummeted, and many Canadians have been boycotting American products.

    Canada’s strategic realignment will require time to gradually reduce its economic and military dependence on the United States and foster new relationships in Europe and Asia. Slower economic growth is likely for several years at least. Carney has so far had strong public support in his efforts to deal with what he called last week “not a transition [but] a rupture” in Canada’s relationship with the United States—but he may not get all the time he needs.

    This work represents the views and opinions solely of the author. The Council on Foreign Relations is an independent, nonpartisan membership organization, think tank, and publisher, and takes no institutional positions on matters of policy.

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  • First Internet Bancorp Agrees to Sell Nearly $1 Billion of Single Tenant Lease Financing Loans to Blackstone

    First Internet Bancorp Agrees to Sell Nearly $1 Billion of Single Tenant Lease Financing Loans to Blackstone

    Fishers, Indiana and New York, New York – First Internet Bancorp (the “Company”) (Nasdaq: INBK), the parent company of First Internet Bank (the “Bank”), and Blackstone (NYSE: BX) jointly announced today that the Bank has entered into an agreement to sell up to $869 million of performing single tenant lease financing loans to vehicles affiliated with Blackstone Real Estate Debt Strategies (“BREDS”). The Bank will retain customer-facing servicing responsibilities for all loans sold as part of this transaction.

    “This proposed transaction is a decisive step that advances key strategic priorities, including strengthening our capital position, accelerating operating performance towards our near-term target of 1.00% return on average assets, and significantly enhancing net interest margin,” said David Becker, CEO and Chairman of First Internet Bancorp. “Reducing our exposure to fixed rate, lower-coupon loans is a meaningful component towards further optimizing our earning asset base, providing balance sheet flexibility and a resilient earnings profile regardless of the interest rate environment. With stronger capital generation capabilities and balance sheet capacity, First Internet Bancorp will be well-positioned to capitalize on future growth opportunities. It was a pleasure to work with Blackstone Real Estate on this transaction, and we look forward to building a strong relationship with them going forward.”

    Tim Johnson, Global Head of Blackstone Real Estate Debt Strategies, said: “We’re pleased to acquire this portfolio of high-quality, performing commercial real estate loans. With a market-leading platform, deep expertise and $77 billion of AUM, we are able to provide innovative solutions to financial institutions for their commercial real estate portfolios. We are excited to work with First Internet Bancorp and look forward to identifying additional opportunities in the future.”

    These performing single tenant lease financing loans are expected to be sold at a price approximating 95% of the unpaid principal balance, inclusive of transaction costs. The reduction in loan balances – and, consequently, the reduction in risk-weighted assets – more than offsets the impact of the reduction in shareholders’ equity, leading to increases in the Company’s and Bank’s regulatory capital ratios. Upon closing the transaction, the Company expects to move approximately $550 million of deposit balances off-balance sheet, aiming to provide a modest increase to its tangible common equity ratio. The remaining proceeds are expected to be used to fund near-term loan growth opportunities with the option to move additional deposits off-balance sheet.

    The proposed transaction is expected to close on or around September 18, 2025, subject to market conditions and customary closing requirements. The Company has filed supplemental materials regarding this transaction with the Securities and Exchange Commission.

    For Blackstone Real Estate, this transaction follows the acquisition of $22 billion of commercial real estate loan portfolios in the last 24 months, including the acquisition of an approximately 20% stake in the $17 billion Signature Bank commercial real estate debt portfolio with JV partners, the $1 billion performing senior mortgage loan portfolio acquisition from PBB and the recent acquisition of approximately $2 billion of commercial real estate loans from Atlantic Union Bank. The BREDS platform has deployed $38 billion from January 2024 through June 2025.

    Piper Sandler Loan Strategies, LLC served as the introducing broker on behalf of First Internet Bancorp. Gibson, Dunn & Crutcher LLP and Ballard Spahr LLP acted as legal advisors to Blackstone.

    About First Internet Bancorp
    First Internet Bancorp is a bank holding company with assets of $6.1 billion as of June 30, 2025. The Company’s subsidiary, First Internet Bank, opened for business in 1999 as an industry pioneer in the branchless delivery of banking services. First Internet Bank provides consumer and small business deposit, SBA financing, franchise finance, consumer loans, and specialty finance services nationally as well as commercial real estate loans, construction loans, commercial and industrial loans, and treasury management services on a regional basis. First Internet Bancorp’s common stock trades on the Nasdaq Global Select Market under the symbol “INBK” and is a component of the Russell 2000® Index. Additional information about the Company is available at www.firstinternetbancorp.com and additional information about First Internet Bank, including its products and services, is available at www.firstib.com.

    About Blackstone Real Estate Debt Strategies
    Blackstone Real Estate Debt Strategies (“BREDS”) is the largest alternative asset manager of real estate credit with $77 billion of investor capital under management. Serving institutional, insurance, and individual investors, BREDS originates loans and makes debt investments across global private and public real estate credit markets and across the capital structure and risk spectrum. BREDS also manages Blackstone Mortgage Trust (NYSE: BXMT), a publicly-traded commercial mortgage REIT, and is a fully integrated part of the Blackstone Real Estate platform, the largest owner of commercial real estate globally.

    Forward-Looking Statements
    This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements include statements concerning future events and expectations that are not historical facts. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Actual results may vary materially from those expressed or implied by forward-looking statements based on a number of factors, including, without limitation: (1) risks related to the consummation of the sale of loans, including the risks that (a) the sale of loans may not be consummated within the anticipated time period, or at all, (b) conditions to the consummation of the sale of loans may not be satisfied, (c) the purchasers’ rights to force the Company to retain or repurchase one or more loans under certain circumstances, and (d) the limitations on remedies contained in the agreement may limit or entirely prevent the Company from specifically enforcing obligations of the purchasers under the agreement or recovering damages for any breach by the purchasers; (2) the effects that any termination of the sale agreement may have on the Company or its business, including the risks that (a) the Company’s stock price may decline significantly if the sale is not completed or (b) any chilling effect on alternative transactions or future loan sales; (3) the effects that the announcement or pendency of the sale of loans may have on the Company or the Bank and its operations, including the risk that as a result the Bank’s business, operating results or the Company’s stock price may suffer; (4) the risk that the sale of loans may involve unexpected costs, liabilities or delays; (5) projected benefits and offsets resulting from the sale of loans and uses of proceeds may not reflect actual results or be realized at all; (6) other economic, business, competitive, legal, regulatory, and/or tax factors; and (7) other factors identified in reports we file with the U.S. Securities and Exchange Commission. All statements in this press release, including forward-looking statements, speak only as of the date they are made, and the Company undertakes no obligation to update any statement in light of new information or future events.

    Contact information:

    First Internet Bancorp
    Investors/Analysts
    Paula Deemer
    Director of Corporate Administration
    (317) 428-4628
    [email protected]

    Media
    PANBlast
    Zach Weismiller
    [email protected]

    Blackstone
    Claire Keyte
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  • Extraterrestrial life needs the right atmosphere. This planet 40 light-years away might fit the bill, scientists say

    Extraterrestrial life needs the right atmosphere. This planet 40 light-years away might fit the bill, scientists say

    A rocky, Earth-size planet located in our Milky Way galaxy may have an atmosphere around it, according to new research, raising the possibility that it could also have liquid water on its surface and could therefore support life.

    In two separate papers published Monday in the Astrophysical Journal Letters, astronomers zeroed in on the TRAPPIST-1 system, which consists of seven rocky planets that orbit a single star. Both studies outlined initial results from observations by NASA’s James Webb Space Telescope, suggesting that one planet in particular, known as TRAPPIST-1e, may have a nitrogen-rich atmosphere like Earth’s, though follow-up studies are needed to confirm the discovery.

    The results are an important step in the ongoing search for extraterrestrial life in the solar system and beyond.

    This week, NASA announced that a rock sample collected on Mars may contain evidence of ancient microbial life. Present-day Mars has a thin atmosphere mostly made up of carbon dioxide, nitrogen, and argon gases, but the Red Planet is thought to have had a thicker atmosphere billions of years ago, when liquid water flowed on its surface.

    Scientists have long held that water is an essential ingredient for life.

    To keep water in liquid form, rather than it evaporating instantly into space, a planet or moon needs to have an atmosphere. That makes the search for exoplanet atmospheres one of the most tantalizing in the field of astronomy.

    “Ultimately, we want to get to the point where we find a planet, and huzzah, we see a molecule that can only be produced by life,” said Ryan MacDonald, an exoplanet astronomer at the University of St Andrews in Scotland and a co-author of both studies. “But you need to have an atmosphere, so what we’ve been working on first is to find planets that have atmospheres.”

    The TRAPPIST-1 system, which is 40 light-years away from Earth, has been widely studied since it was discovered in 2016 because several of the planets could have conditions suitable to support extraterrestrial life.

    Each light year is approximately 6 trillion miles.

    TRAPPIST-1e, in particular, is thought to orbit its star in the theoretical “habitable zone,” a distance that is not too close for it to be hellishly hot, and not too far to be icy cold, but rather just right for liquid water to exist on the surface.

    For the new studies, astronomers used NASA’s James Webb Space Telescope to observe four “transits” of TRAPPIST-1e, or times when the planet passed in front of its star. The telescope did not directly see an atmosphere around TRAPPIST-1e, but rather it measured how the exoplanet absorbed light to figure out what, if anything, surrounds the planet.

    Much like a prism, light can be separated into different bands of color on a rainbow spectrum, and how certain colors are blocked or filtered can be telltale signatures of specific atoms or molecules of gas.

    If certain colors are absorbed, for instance, it can suggest high concentrations of carbon dioxide. Other changes in color can hint at different chemical properties, including the presence of hydrogen, oxygen, methane or nitrogen.

    “If we see no variation in color, then the planet is probably just a bare rock,” MacDonald said. “A bare rock doesn’t care if you shine red light or blue light on it. It will just block them all equally.”

    In four transits, the researchers did not find evidence of a hydrogen-rich atmosphere around TRAPPIST-1e. Nor did they see signs that its potential atmosphere is dominated by carbon dioxide. The Webb telescope’s observations, however, do hint that its atmosphere could be rich in nitrogen.

    “This is an exciting step and it really helps us narrow down the possibilities of an atmosphere that is perhaps more Earth-like,” said Caroline Piaulet-Ghorayeb, a postdoctoral fellow at the University of Chicago who was not involved with the new studies.

    Earth’s own atmosphere contains high concentrations of nitrogen gas. Titan, one of the moons around Saturn, also has an atmosphere that is mostly nitrogen. NASA has said that Titan likely harbors a vast underground ocean, which could make it habitable, but the moon’s methane-filled environment would mean that any life that does exist there would be very different from life on Earth.

    Piaulet-Ghorayeb separately was the lead author of a study published last month in The Astrophysical Journal that focused on a different planet in the TRAPPIST-1 system: TRAPPIST-1d, the third planet from the star that also orbits within the habitable zone. That study found no evidence of molecules that are common in Earth’s atmosphere, such as water, carbon dioxide or methane.

    Studying these celestial bodies come with significant challenges.

    The TRAPPIST-1 star is small but extremely active, which creates a lot of background noise for researchers to sift through. MacDonald and his colleagues, for instance, spent more than a year analyzing data from the Webb telescope and trying to differentiate chemical signatures coming from TRAPPIST-1e and its star.

    To confirm the presence of an atmosphere, MacDonald and his colleagues are planning to study TRAPPIST-1e during 15 more transits in the coming years.

    Studies are also forthcoming for three other planets that are farther out in the system, TRAPPIST-1f, TRAPPIST-1g and TRAPPIST-1h, he said.

    The research should help scientists inch closer to answering some of the most enduring questions about exoplanets and the search for life.

    “We haven’t yet convincingly found an atmosphere on any rocky planet outside of the solar system, which makes studying and searching for atmospheres on temperate planets extremely exciting,” Piaulet-Ghorayeb said. “But there’s a lot of work to do.”

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  • Anna Wintour gives ‘Devil Wears Prada’ a long-overdue review

    Anna Wintour gives ‘Devil Wears Prada’ a long-overdue review

    Nearly two decades after the fact, Anna Wintour is finally giving her review of “The Devil Wears Prada,” the 2006 Anne Hathaway comedy built around the onetime Vogue editor in chief’s notorious style of leadership.

    And although Wintour is more than fashionably late, she’s showing up in time for the sequel.

    The film “had a lot of humor to it, it had a lot of wit, it had Meryl Streep,” Wintour said recently on the New Yorker Radio Hour. “[The cast] were all amazing. And in the end, I thought it was a fair shot.”

    The famed editor, who stepped down from the Vogue gig this summer, said she went into the premiere of the original film wearing Prada but not knowing what the movie was about. Wintour said people in the fashion industry had expressed concerns about the Miranda Priestly character, worrying she would be played as a caricature of Wintour. But those fears were unfounded.

    “First of all, it was Meryl Streep, [who is] fantastic.”

    “The Devil Wears Prada” is based on the 2003 bestselling novel of the same name by Lauren Weisberger, who worked as a personal assistant to Wintour. The film follows a writer played by Hathaway who gets a job at a fashion magazine managed by a highly demanding boss, played by Streep.

    The actor who played the no-nonsense editor in chief earned an Academy Award nomination for her performance.

    Wintour announced in June that she would step down as editor in chief of the magazine after 37 years at the helm. She will continue to oversee Condé Nast, the global media company that publishes Vogue among other publications including the New Yorker, GQ, Vanity Fair and Wired.

    “The Devil Wears Prada 2” is in production with a release date set for May 2026. Streep, Hathaway, Emily Blunt and Stanley Tucci will all reprise their roles; Adrian Grenier, who played Hathaway’s boyfriend in the original film, will not appear. New cast members include Kenneth Branagh, Justin Theroux and Lucy Liu.

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  • How Advances in Genetics Are Transforming Treatments for Pediatric Epilepsy

    How Advances in Genetics Are Transforming Treatments for Pediatric Epilepsy

    For Sucheta Joshi, MD, MS, FAAP, FAES, Medical Director of the Comprehensive Epilepsy Center in the Neurological Institute at Children’s Hospital Los Angeles, one of the most exciting advances in pediatric epilepsy research is how quickly genetic testing has transformed care.

    “I have lived through an era in this field,” Dr. Joshi explains. “We went from not knowing why a child has epilepsy, to identifying a genetic cause for the disorder, to developing gene-based interventions for specific types of epilepsy.”

    CHLA’s Comprehensive Epilepsy Center is the only Level 4 Pediatric Epilepsy Center in a free-standing children’s hospital in Los Angeles and a leader in pediatric epilepsy care, providing the full range of diagnostics and treatments that enable experts like Dr. Joshi to individualize care to each patient. “For certain forms of epilepsy,” she says, “we can now tell families that we will soon have a drug that will target not only the child’s seizures, but also the root cause.”

    Studying genes to create precision epilepsy treatments

    Researchers have identified over 1,000 genes linked to epilepsy—a number that continues to increase. This has opened the door to a variety of precision treatment possibilities, which is why CHLA has an on-site clinic for genetic testing.

    “Understanding what a gene does and how it might modify brain cell function can direct us toward antiseizure medications that we know will work for that genetically modified epilepsy, or help us to avoid certain drugs which could make seizures worse for someone with that genetic mutation,” Dr. Joshi says. “In addition, clinical trials are now investigating gene therapies, which could help improve the function of a particular gene that is not working properly.”

    For example, Dravet syndrome is caused by mutations in the SCN1A gene.

    “There are certain antiseizure medications which actually make seizures worse for kids who have this mutation because of the way they impact sodium ion channels in the brain,” she explains. “Conversely, there are medicines that are FDA-approved for treating SCN1A-based disorders. If we identify this mutation in a patient through genetic testing, we can avoid using inappropriate medications and pick these FDA-approved medications sooner in the child’s course of treatment.”

    Genetic testing has also led to the development of targeted treatments that don’t involve medication, such as the medical ketogenic diet—a high-fat, moderate-protein, low-carbohydrate diet that can be useful in some genetic forms of epilepsy.

    In GLUT1 deficiency syndrome, a patient has trouble transporting glucose from the blood to the brain, starving the brain of its usual fuel and causing a variety of neurological symptoms, including seizures. But with a ketogenic diet, the body breaks fat down into molecules called ketones, which serve as a backup fuel for the brain. “This can have profound effects on seizure reduction,” Dr. Joshi says.

    In addition to dietary treatments, she notes that surgical techniques and neuromodulation, or brain stimulation, have made great progress in reducing or eliminating seizures.

    Overcoming challenges in care

    Among those with epilepsy, about 25% to 30% of individuals have treatment-resistant epilepsy. In some other cases, treatments can reduce the frequency of seizures but cannot eliminate them.

    “Getting children to a comprehensive pediatric epilepsy center for genetic testing in a timely fashion is key to treating them effectively,” Dr. Joshi says. “We still don’t have uniform access to genetic testing across the country, and we’ll need that to be able to provide all kids with state-of-the-art diagnostic and therapeutic interventions.”

    “At CHLA, we are fortunate to have excellent collaboration between medical genetics experts, neurologists, epilepsy specialists, and our Center for Personalized Medicine,” she explains. “We all work together to provide a treatment tailored to each child we see.”


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