It is a relief for the world economy

The United States and China have announced Monday that they have reached an agreement to temporarily reduce the import tariffs that had been announced previously. The Escalada in the Commercial War Between both countries I was having a huge impact on the economy, but now both sign a truce that can be the beginning of a new commercial balance. What happened. In a joint advertisement, both countries have indicated that they reduce their tariffs over the next 90 days, which will continue the negotiations initiated this weekend. As indicated In The New York TimesUnited States will reduce Chinese import tariffs 145% to 30%, while China will apply 10% tariffs to US imports, when that figure It was 125% before this truce. Source: The New York Times. “Shared interest”. Scott Besent, US Treasury Secretary, indicated at the press conference in Geneva that both countries have concluded that “we have a shared interest. The consensus by both delegations is that none of the parties wanted a decoupling (commercial).” China again export rare earths. Another decisions in this agreement is that China will suspend the Rare exports restrictions. This measure had been taken as retaliation Before the ads of the tariffs by the US, but now the North American country will have access to these critical materials for industries such as car, aerospace or semiconductors. A break for the world economy. This reduction in tariffs is a hopeful pause for a worrying situation. The consequences of tariffs are already being noticed in the industry and of course in the technology prices we buy. There are many companies that have tried to react in the most appropriate way to mitigate the impact of tariffs on their business and customers. The Big Tech Like Apple “With a lot of movement.” surrounding iPhone– They were being clear examples of those impacts, which also noticed Google goal. More steps back. The truce in the imposition of tariff Like that of semiconductors. It was the first sign that Donald Trump was realizing that these measures were a foot shot for the US. A Way for the Descale. Both decisions point to a renewed intention for renegotiating the terms of trade agreements between the two major world powers. Mark Williams, Capital Economics analyst, explained that this agreement is “another substantial withdrawal of the aggressive Trump administration position.” The 90 days that will allow both parties to try to reach a new agreement in the application and dimension of tariffs. Battle won from China? Analysts like Zhiwei Zhang, from Pinpoint Asset Management, explained that “from the perspective of China, the result of this meeting is a success, since China took a determined position in front of the US threat of high tariffs and ended up getting the reduction of tariffs without making significant concessions.” Uncertainty. Responsible for the European Chamber of Commerce in China indicated feeling “encouraged” for the announcement, although they made it clear that uncertainty persists Because this decision is only temporary. The Hong Kong stock index has grown by 3% after the announcement, and practically the same has happened in the case of the S&P 500 futures index. Image | Cage Skidmore | Paul Kagame In Xataka | Chinese companies have found a “shortcut” to dodge US tariffs: re -estate in South Korea

It seemed that LaLiga could not be further blocking domains. Until it touched the festivities of the City of Madrid

The weekend has been starring two old known faces: LaLiga matches and blockages associated with them. Domains such as the Social Network X (T.com), Vercel Web addresses and even services related to the Madrid City Council were affected without an additional solution to navigate by VPN. The Madrid City Council is no longer fought. A direction that little suspicious seemed to be related to the illegal broadcast of football matches, Statics.sanisidromadrid.comwas blocked on Saturday, May 10. Reason? Blocking in compliance in the judgment of December 18, 2024 by the Commercial Court N6, a message that we know firsthand. The address belongs to the Madrid City Council, and is nothing more than the showcase for the San Isidro festivities held between May 9 and 15. The website of the City of Reus (Reus.es), was also inaccessible during that Saturday X and Redsys. The website of the San Isidro Festivities program was not the only Rocambolesco case. The social network itself X It was inaccessible during the game hoursas well as some domains related to Operations resolved by Redsys. The latter may end up affecting web payments (not receiving confirmation of an order, erroneous notifications related to payment, etc.) in which the operation does not finish registering correctly when the URL is blocked. The Vercel case. LaLiga found Vercel The best way to beat Cloudflare. A paradigmatic case in which Malte Ubl, Cto de Vercel, published an article on his blog criticizing IP blocks… to update it three days later ensuring that “we are working closely with LaLiga to quickly eliminate the illegal streaming contents.” 🇪🇸🚫 Update on LaLiga’s Blocks. We’ve Been Working with their team to get a interrupted access in Spain to the @sercel Global CDN. Vercel have set up a dedicated inbox for LaLiga to File Reports. Sadly, The Just Blocked Another Vercel CDN IP Without Using This Mechanism. To … https://t.co/31gy5b8u0k – Guillermo Rauch (@rauchg) May 11, 2025 Not even allying with LaLiga has been enough. During this weekend numerous Vercel web directions have been blocked, with its CEO making its position new public about what a football organization should and should not be able to do. Far from finishing. LaLiga blocks They are going to moreand there is no reasons to think that the situation can be reversed. He Domino effect is increasingand while Justice endorses The random blockages will continue to be produced. Cloudflare described them as “clumsy and ineffective”at open war with the organization. Despite the evidence that the affected domains are not related to illegal practices, this problem will continue to generalize by service providers. More than 15,000 affected domains. There are lists which already register more than 15,000 URLs affected by LaLiga domains in networks such as Digi. A look at it makes it clear that, in its vast majority, blockades are not related to websites that broadcast emissions illegally. Faced with a reality inevitablethe LaLiga blocks do Pay fair for sinnersaffecting Business Billingto The daily life on the weekend and with the use of VPN As the only temporary patch. In Xataka | LaLiga redouble her offensive against illegal football streaming: Twitch and other greats just joined her crusade

Klarna presumed that AI did the work of 700 people. Its quality is so low that it is rectuming humans

In June 2022, 700 Employees of the Swedish Fintech Klarna were fired. That template reduction was an absolute disaster: The announcement was made with a pre -recorded video, and also the CEO shared the personal data of those employees in LinkedIn. The story did not end there. Not much less. The AI ​​that works for 700 people. After the dismissals, Klarna made a unique decision: to use an artificial intelligence system promoted by Openai models to replace the functions performed by those 700 people. In February 2024, those responsible for the company proudly affirmed that the assistant “is doing the job equivalent to 700 full -time agents“And they also disregard that” it is along with human agents in terms of customer satisfaction score. ” Not so fast. Klarna’s CEO and co -founder, Sebastian Siemiatkowski has started a hiring process that allows customers to always talk to a human agent. The reason is striking, especially taking into account Klarna’s ambition in its use of AI. The AI ​​offered a low quality service. The strategy that proposed to place AI as a fundamental pillar of its support services is no longer valid. According to this CEO, “unfortunately, the cost seems to have been an evaluation factor too predominant,” and explained that “what ends up is a lower quality” in the service. Now they intend to “invest in the quality of human support” for the future. Uber type structure. In an interview With BloombergSiemiatkowski indicated that the Swedish company is pivoting a structure similar to the one Uber: workers can log in and telework for them. That, this manager indicates, will allow in the future these new hiring to replace “the few thousand human agents” that Klarna Subcontrata. Labor is sought (cheap). The pilot project for that transition has a very limited reach, but the objective is to attract candidates as students or people of rural environments. “We know that there are a lot of Klarna users who love our company and enjoy working for us,” said Siestkowski. The intention seems clear: instead of hiring professionals with experience in this area and replacing them with such profiles that will allegedly reduce costs. An erratic evolution. Klarna came to have an assessment of 45.6 billion dollars in 2021, but those decisions made that estimated value a year later It was 6,500 million of dollars. The company now expects to lift $ 1 billion With an OPA that allows to place its valuation at about 15,000 million dollars. The plans of that IPO have been postponed due to the current volatility of the markets. But the trend is clear: less human. Despite these decisions, in Klarna they create technologies such as AI will continue to impact the dimension of their template in the future. The CEO hopes that in a year they will exceed 3,000 current employees to about 2,500. We are seeing it everywhere. Other companies have suffered that “recontraction” effect. IBM fired 8,000 workers To replace them with AI, but their CEO, Arvind Krishna, explained that at the same time they are hiring a lot of programmers and sales personnel. Other companies ensure that replace humans with AI It has really worked very well, but the reality is that many are realizing that After using ia they end up investing in new hiring When needing different profiles such as the aforementioned programmers. AI is removing some jobs and promoting others. The conclusion seems to be the same in all cases. The companies that are betting on taking advantage of everything they can They manage to replace human workers by artificial intelligence systems in routine and very automated tasks. However, those same companies end up realizing that they need more programmers and specialized personnel, probably to ensure that the IAS that do the automated work do so much better than they do as a start. Image | Anna Shvets In Xataka | We do not know if the AI ​​is going to eat your work, but the CEO of some startups are determined to convince you of it

How to unlock ancient iPhone when they are deactivated and tells you to try again in years

Let’s explain How to unlock the old iPhone They have operating system versions prior to iOS 17. From that version you can configure the iPhone so that if you put the security code bad many times you can restore it or the iPhone is reset. But with the previous versions that does not happen. In versions prior to iOS 17, if you make many mistakes with the security code the iPhone is blocked for several minutes, or even hours. And in some extreme cases, for many years. That is why we are going to tell you the alternative you have if it has happened to you on an ancient iPhone with a system before iOS 17. I already warn that it is not a perfect solution, since requires restoring the iPhone. This means that you will lose all the data in it if you did not make a backup before it was blocked. But well, at least you can use it again. Recover an iPhone blocked for years When you have an iPhone blocked completely and extremely, with a message telling you that you have to wait several years to recover it, the only easy way to recover it is Restore it completely on your ownlosing all the data that is not in a backup. For that, you will need to have a mac with macOS 10.15 Catalina or posterior and the Finder tool. If your MAC has macOS 10.14 MOJAVE or a lower version, you need to have itunes installed. You can also do it with Windowsas long as you lower the application Apple devices. Now, you have to Force the restart of your iPhonewhat is known as a hard reset. To do so, press and release the volume up button and then lower it, then hold the ignition button until the off option appears. If your iPhone has an Home buttonthen just hold the ignition button until the screen shows you the option to pay. Now, connect the iPhone to your computer with a cable. In doing so, open the application Finder, iTunes either Apple devices Depending on the computer you have as we explain at the beginning. When you access the screen, click on the iPhone icon on the list of locations. This will take you to your iPhone’s options, and you must click on Restore To do it on the device. This will begin the process of restoring the iPhone, format it to delete all data and reinstall iOS to stay as if you just bought it. It is possible that in the process you ask you to write the iPhone security code, but if you do not remember you can use other methods such as the password of your Apple account.

He claims to have a training method for his AI 88% cheaper

The Chinese company High-Flyer broke into the market in the market of the artificial intelligence (AI) At the end of last January. Deepseek, his proposal, has made its way among its competitors thanks to its open nature and its benefitsbut the authentic debate has revolved for several weeks Around the cost of training your models. And it is that according to its creators they were barely spent 5.6 million dollars In this process. Three and a half months later this figure is still unbelievable, so it is reasonable to contemplate it with distrust. Anyway, Deepseek has put on the table the possibility of facing the training of the new models of investing much less money than the one spent by US companies OpenAi, Google or Anthropic in the tuning of theirs. Now it is the Chinese technological giant Alibaba who seems to be following The same path that has already traveled Depseek. And it is that it claims to have developed a AI models training system that reduces the cost almost 90%, which presumably will have a positive impact on AI search capabilities. Alibaba’s jewel is called Zerostoch The strategy that Alibaba engineers have devised to reduce the cost of training their AI models is ingenious. And instead of interacting with real search engines during this process, Zerostoch, which is what is called its technology, improves search capabilities carrying out simulations. To understand why this approach is much cheaper, we need to keep in mind that the costs associated with the redirection of commercial search engines are usually high. Alibaba has put a model that behaves as a search engine that is capable of training other AI models According to Alibaba Send 64,000 consultations to the Google search engine through an API has an approximate cost of $ 586.70, while generating the appropriate responses for training by means of an AI model of 14,000 million parameters has an approximate cost of 70.80 dollars, which represents an 88% cheaper. In practice, what Alibaba engineers seem to have achieved is to tune a model that behaves as a search engine that is capable of training other AI models so that they are able to solve consultations. This scenario has a very evident advantage: training no longer requires interaction with external search infrastructures. Alibaba, as we all know, is a gigantic company, but from now on this strategy can be used by much smaller companies to train their own AI models without the need to face a great investment in this process. In addition, presumably this technology will improve both the search capabilities of AI models and the ability with which they carry out the reasoning processes. At the moment Alibaba has used Zerostoch to improve the capabilities of his Quark model, which for just three days has been capable, always according to its creators, to combine the internet search and advanced reasoning capabilities to resolve inference and deliver precise responses to complex consultations. Image | Markus Spiske More information | SCMP In Xataka | Samsung is preparing to give TSMC a bars where it hurts most: the manufacture of the chips for ia

NASA, NASA, NASA always sends rockets, rockets, rockets (but also balloons that turn the world)

More modest and ignored than rockets, stratospheric balloons They are crucial for many scientific research NASA. The last of these huge balloons has just concluded its mission after 17 days circumnavating the southern hemisphere. 17 days back to the world. In early May, NASA ended the first flight of its 2025 superpression balloons campaign. A stratospheric balloon drew a route around the average latitudes of the southern hemisphere, furrowing the sky for 17 days, 13 hours and 47 minutes. Launched April 17 from Wanaka airportin New Zealand, the globe completed a complete circumnavigation on May 3, and merited the next day in the Pacific Ocean, 1,300 kilometers from the east coast of New Zealand. Straight to the bottom of the sea. Although the mission met the minimum requirements, NASA’s team had been monitoring a possible leak. The balloon lost altitude during the night when crossing areas with colder temperatures, so that their operators decided to finish the flight over the Pacific, without the possibility of recovering the payload. The space agency leaves nothing to chance, even in case of ruling. This type of balloons uses the two -tons payload itself as ballast to sink the entire flight train to the ocean bottom as quickly as possible. In this way, the globe is prevented from remaining in the primary zone of the water column, where most of the marine species. The mission. In addition to trying a new superpression balloon design, this first 2025 flight transported the Hiwind missionwhose objective was to measure the neutral wind in the thermosfera, the layer of the Earth’s atmosphere that is between the mesosphere and the exosphere, to help scientists understand and predict changes in the ionosphere, which can affect communication and navigation systems. Since the mission ended early (the globe that has been in flight lasted more time 57 days), NASA will thoroughly investigate the cause of altitude loss to reduce the probability that a similar problem occurs on future flights. The second campaign superpression balloon It was released on Saturday, May 3 and can be followed in real time on the NASA website. What are the superpression balloons. Are Pumpkin -shaped balloons whose structures, completely sealed, maintain a positive internal pressure and an almost constant volume, which allows them greater altitude stability and flights of much longer duration, since the loss of gas is minimal. With a diameter of 150 meters, the most common volume is 1.13 million cubic meters. A balloon of this size could house a football stadium inside when it is completely inflated. They fly to altitudes of up to 36 kilometers, more than double the altitude of commercial airplanes. And they have been playing for some time as an alternative to space releases For space tourism. What are these balloons for. NASA’s scientific balloons are a low cost form of accessing the stratosphere to do research on land or outer space. Some carry telescopes on board. The NASA scientific balloons program performs, between 10 and 15 individual flights every year. The heavens continue to offer valuable opportunities for science, without always turning on the engines of a rocket. Images | POT In Xataka | The mystery of the spy balloons as a result of an almost unknown phenomenon: the “garbage of the sky”

The persistence of the blockade in the middle of May brings us storms and a lot of uncertainty

In recent days, a Dana has been affecting a good part of the peninsular territory. And, even if it seems, the news is not that it will continue with us “favoring the development of intense and organized storms.” Will do it (As of Tuesday, “Depression will tend again to descend on latitude in an erratic and retrograde movement, approaching our geography”); But that begins to be the least. The most thing is that, for the umpteenth time, A persistent blocking pattern It continues to hinder the zonal circulation. A puzzle called “Spring of 2025”. As Sergio Escama explains in detailcurrent instability is due to three weather pieces: The anticyclone of the Azores that, despite being placed in its usual place, continues to have a strange elongation to the north (a kind of slide) that allows the arrival of Atlantic storms to the Peninsula. A dorsal that from Central Europe attracts the entire continent and arrives at the British Isles A continuous transfer of low pressures that passes between the two anticyclones and reaches our latitudes. Time-out! However, the next two days will be more stable and temperatures will tend to rise. Of course, the minimums will continue lower than normal and should not surprise us if we find frost in mid -May. But in a matter of days, the situation will become complicated again. Because, as I said, the Dana that now seems to get away will start going down back to us And, predictably, it will form a system with another that ascends from southern Africa. That is, between the Tuesday and Thursday a significant increase in stormy activity is expected. In fact, due to uncertainties associated with this type of phenomena, agencies are preparing: storms can be strong and t could affect any point in the country. Of course, the center, the north and some parts of the west of the peninsular territory They will take the worst part. What can we expect? In addition to low temperatures, What we are going to see They are storms (some very intense) that will cause rays, storms and hail. But that is in the short term, in the long term no one is very clear about what will happen. We are in a year in which many areas have seen rains as they did not see since the beginning of the records. March, as we know, has been One of the rainiest since 1961. The interesting thing is that May will also be above the average and nobody knows how all this will affect summer. So we enjoy it and cross our fingers so that this is not an anecdote, but a change of trend. Image | Tropical tidbits In Xataka | Spain has received more rain than ever this spring. And yet it is unable to get rid of the ghost of the drought

hide your tanks and artillery underground

In the war that is fought in Ukraine after the invasion of Russia we have seen a large number of unpublished tactics in the front. For example, drones that are precisely looking for They catch themeither unmanned boats capable of knocking fighters. We have also seen using “tricks” from the First World War, such as The optical illusion or the use of shotguns of double cannon. However, what had not been seen so far was literally burying a combat tank. The buzz of a drone. The story comes, in reality, months ago. In the dense forests that surround toletsk, a flame city east of Ukraine, the sound of the war had changed the bell in October: it was no longer only the rumble of the artillery that defined the battlefield, but the constant buzzing of the drones that furrowed the heavens in search of objectives. In Donetsk, the soldiers of the 28th Mechanized Brigade separate awaited instructions with their Modernized T-64although they are no longer the imposing protagonists that used to be. The era of the dominant tank has given way to a new stage: the of the cautious tankforced to adapt to a war dominated by electronic eyes and miniature air attacks. The loss of invulnerability. That scene has been repeated in many other stages of the war in Ukraine. The T-64 is the best example, since it was at the time a symbol of invincible power: that which was said that when the engine felt under his feet, the illusion that nothing could touch him. However, that feeling It has vanished. What was previously a strategic advantage today has become exposure to danger. Tanks, whether Soviet or modern models M1A1 Abrams Americans are being removed from the front, not due to lack of power, but for their vulnerability in front of FPV drones low cost, which for just 500 dollars can destroy machines valued in millions. War has become a technological asymmetries equation where small colossal. Invisible air war. Today is already a war reality: in the extensive line of the Ukrainian front, of more than 1,100 kilometers, the modern war is no longer freed on the ground, but also also in the airwhere those swarms of small explosive drones fly without rest on a lethal flight of Surveillance and destruction. Every month, both the Ukrainian forces and the Russians throw around Two million FPV dronestiny distance guided machines capable of transporting enough explosive loads to destroy vehicles or end a life. Their size, speed and maneuvering capacity make them relentless hunters of mobile or static objectives, especially artillery pieces, tanks and fortified positions. These aerial threats, no doubt, have completely transformed the strategy on the front, displacing the combat from the surface Towards the subsoil in what is already emerging as an era of those cautious armored armored ones that we commented. A Ukrainian tank emerging from Earth The underground artillery is born. Given this scenario, more and more Ukrainian artillery units have begun to excavate deep burrows In the field, hiding not only its crews but also its bulky artillery pieces. There are examples of Widespread videos that show a Ukrainian battery operating a 2S1 GVOZDIKAa self -propelled howbow, hosted underground in An excavated shelter With heavy machinery. The entrance is covered by trunks and a thick network that aims to intercept enemy drones. The depth of the position is such that even the vehicle has a hard time emerging to shoot. There are also Official photographs of the 36th Ukrainian Marine Infantry Regiment that reveal that these underground positions are not isolated cases, but a trend that extends along the front, especially in exposed areas such as the border with the Russian region of Kursk. Trinchera 2.0. The evolution of the conflict has returned to the modern soldier to a form of buried lifebut this time with 21st century technology. The constant threat from heaven has forced a complete redesign of deployment and concealment tactics. From that prism, visual camouflage is no longer enough: layers of land, reinforced structures and one Logistics capacity that allows to bury heavy machinery safely. They counted in Forbes That when they do not shoot, vehicles must remain hidden underground, ready to emerge only the necessary time to execute a fire mission before disappearing again under soil protection. This logic of movement translates into a stealthy, methodical and essentially defensive form, away from the traditional dynamism that characterized the armored ones. Drones and tactical response. While FPV drones They are mortalThey are not invulnerable. Radio controlled can be neutralized by Electronic interferencewhile guided by fiber optic cable They can betray the operator’s position if the cable is tracked. Even so, its proliferation has reached such magnitude that the land no longer offers sufficient protection without intensive mechanical intervention. Networks, armor, traps, improvised structures … in the war in Ukraine nothing seems sufficient in the face of the constant surveillance of those thousands of eyes Flying Hence the earth, thick and silent, offer a truly effective defense. This also explains why so many Ukrainian units have started Collection campaigns To acquire excavators, understanding that their survival no longer depends solely on weapons, but on access to civil machinery capable of opening a refuge under the surface. Adaptation to urgency. Thus, what began as a improvised reaction Given the increase in unmanned air attacks, it has established itself as a New tactical pattern. In a technologically saturated war, where visibility means vulnerability and mobility implies risk, hiding has become a strategy. Artillery, once a symbol of power and visibility on the battlefield, is now buried as a swag endangered. A strange turn, but perhaps inevitable, in a conflict where artificial intelligencethe Technological miniaturization and Asymmetric war They have relegated the human being and their machinery to seek in the subsoil a way of persisting. Image | Ukrainian Defense Ministry, 36th Marine Brigade In Xataka | The last tactic of Ukraine is a drone that seeks to catch him. When Russia opens … Read more

What is, how it is used and what can you do with this mode of Google’s artificial intelligence

Let’s explain What is Gemini Livea way of Google’s artificial intelligence that acts as an assistant. It is the most direct way you have to interact with Google’s AI, and it has several interesting functions, including one to see what you have in front. We are going to start explaining what exactly Gemini Live is and how this function differs with the others from artificial intelligence. Then, we will explain what you will be able to do with it. What is Gemini Live Gemini Live is a gemini function in which You can speak normally With artificial intelligence. This means that you will enter a screen where Gemini is always listening, and you can talk in a voice and then the AI ​​responds automatically, staying at the end listening again in case you keep talking. The normal Gemini mode is like a textual chat. You can write or send voice messages, but the interaction is due to differentiated shifts, you send a question, you get the answer, you can attach things, and so on. While Gemini Live is like having a natural conversation. You have no button to send your consultation, you simply speak naturally, and when Gemini detects that you have finished speaking then the answer generates. Therefore, it is more how to have a human assistant. This allows you to hold more natural and “normal” conversations during the time you keep active the function. You won’t even have to touch anything on the mobileyou can support him and do other things while conversing with him. Gemini Live is available for user accounts, and both in free and payment accountsalthough it is in Gemini Advance where you have more functions and less interactions limit. Business accounts, even payment, still have no access. How Gemini Live is used To use Gemini Live, you have to click on your icon to the right of the writing field of the application. This icon has a button with three vertical stripes and a star. This will open the Live screen. In it, you don’t have to do anything else, simply You have to talk and ask the questions you want in a natural way. Gemini Live will understand your tone, what you ask and when you stop talking, and it will be then when it generates the answers. Below you have the controls, with a pause button and another to leave Live. But some users are already receiving two other options. The first one has a camera icon and serves to activate the camera and that Gemini Live see what you have in front. And the second serves to share a screen with Gemini. What can you do with Gemini Live With Gemini Live you can do it. The same questions you ask the normal geminionly with the difference that interaction is more natural and “human.” You ask him a question about whatever you want, and Gemini answers you. Then you can keep asking him. As if it were a person, Gemini will remember what you have been talking about so far to use it as a context. This means that you do not need to mention what you have asked before to ask you a different question about the same topic, since you will remember what you have been talking about in the session. In cases where the answer needs to generate text or code, then Live will take you to the normal gemini screen to teach you the answer there. But otherwise, almost everything is the same. If you use the camera optionyou can ask you things related to what you are seeing. This is something very similar to sending a photo to Gemini and asking questions related to her. The difference is that it will be in real time, you will not have to do a process to take the picture or send it, but you will have the option of activating the camera and that I see. And if you decide to share a screen with Gemini Livethen the AI ​​can see what is on your mobile screen, and you can ask you questions related to it. For example, if an application shows you something you can ask something related to it. In Xataka Basics | How to use Gemini to look at your gmail email: configuration and what can you do

Who is Greg Abel, heir to the throne of the best investor in history

Warren Buffett, 94 years old and from the fifth of Clint Eastwood, will no longer be Berkshire Hathaway CEO at the end of 2025, but will continue as president of the Council. The 1.1 billion conglomerate control will go to Greg Abel, a 62 -year -old Canadian discreet which directs non-assurance operations since 2018. Why is it important. The change marks the end of an era. Under buffett since 1965, Berkshire has achieved A yield of 5,502,284%surpassing the S&P 500 in 140 times. The shares fell 5% after the announcement, suggesting doubts about the future without buffett to the daily rudder. Between bambalins. Buffet made the surprise announcement in the final minutes of the shareholders meeting in OMAHA, culminating a plan designed for decades. Abel, who arrived in Berkshire in 2000 with the purchase of Midamerican Energy, has been meticulously prepared for the position. In figures. Abel will inherit: Turning point. Unlike Buffett, famous for his brilliant investments, Abel stands out for his operational capacity. “It’s better than me, but don’t tell anyone,” Buffett joked in 2023. Abel’s biggest challenge will be to deploy Berkshire’s huge cash, something for Buffett has had difficulties in recent times. The contrast. Abel brings a different style. Where buffet is charismatic, Abel is reserved and pragmatic. It is less tolerant with low performance. Your experience is to manage business, not to select actions, a task that will continue in the hands of Todd combs and Ted Weschler. Missing? The transition includes several steps: Separate the roles of President and CEO for the first time. Maintain investment management under combs and weschler. Insurance under the command of Ajit Jain. Howard Buffett as the future president after Warren’s death. Gradual dissolution of Buffett’s class A actions for a decade. The big question. Will the Berkshire model survive without its creator? Many believe that Buffett’s genius was to create a system designed to endure. “Greg will keep the culture”, said Charlie Muger in 2021. It was a way of dropping that Abel will preserve the values ​​of permanence, autonomy and integrity that have marked the unicorn of investment firms. The background. Buffett leaves when Berkshire is at its peak, but when the investments he prefers – foreseeable companies with stable cash flows at reasonable prices – they are scarce. In fact, it has closed positions lately Even in an all Apple. The buffet indicator, which compares the market value with GDP, exceeds 180%, well above the 100% that Buffett considers excessive. In any case, Abel does not need to be another buffet. His mission will be to guide Berkshire towards his next phase, maintaining his principles while adapting his strategy to a world very different from that of 1965. Outstanding image | Xataka In Xataka | The best paid CEO in the US is not in Apple or Tesla. It is a complete stranger of a company that you had not heard

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