bill

woke up with a bill of more than 18,000

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The cloud is somewhat invisible until the bill arrives. We build an application, we test one APIwe leave a budget set up and continue with our lives thinking that the system will warn if something goes out of plan. The problem is that warn is not the same as stop. And that difference, which may seem like a technical nuance, is exactly what separates a controlled test from a huge debt when a key is exposed, someone uses it and the charges begin to accumulate without us seeing it. That’s what he claims happened to Venturaxi, a Reddit user who told his story. According to GRYOnline.pl accountwent to sleep with a budget alert set to 10 Australian dollars (about 7.15 US dollars) and woke up to a bill of 25,672.86 Australian dollars in Google Cloud, just over 18,000 US dollars at the exchange rate. The user maintains that, during the night, some 60,000 unauthorized requests were made through an API key that he could not initially identify. The story, it should be stressed from the beginning, comes from his public testimony, not from an independent investigation. An alert may sound as the bill continues to grow The key is in a nuance that Google explains in its own documentation on budgets: a budget alert does not stop consumption, it only sends notifications when certain thresholds are reached. That is, it serves to inform us that the expense is close to or exceeds a figure, but it does not work as a switch that automatically cuts off the service. In normal use it may be enough to react in time. In a scenario with automated requests and a compromised key, however, the counter can continue running even though the notice has already been sent. The most delicate part of this story is better understood if we leave the jargon behind for a moment. An API key is, in practical terms, a key that allows an application to identify itself to a service and say: I am this account, let me in. As long as it is well stored, it fulfills its function. If it is exposed, another person can use it to generate requests that will be charged to that account. Google recommends protecting these keys, rotating them, and restricting them by domain or IP. Venturaxi claims that the password used came from an old gardening app created for his mother in Cloud Run. There appears one of the most confusing parts of the case. The user explains that, at first, he did not find that key in the usual list of AI Studio keys, although Google indicated it as the source of consumption. Later, saccording to his update on Redditmanaged to locate it in another section of the Google Cloud panel thanks to another user’s tip. The key matched by the visible name, not for the full keywhich made it difficult to follow the trail. The most frustrating part came when he tried to ask for help. In his publication, he says that he first dealt with automated agents, then with different support members, and later with escalation managers, without having a single person to follow the case from start to finish for days. He also maintains that, as the requests continued, he had to insist several times that his account had been compromised before getting an escalation. The other delicate point is at the account level. Venturaxi maintains that its billing account was automatically raised at a higher level due to its age and payment history, although the project affected was much more recent. According to the explanation he says he received from Google, this change responded to a relationship of trust associated with the account, not necessarily the specific project. The result, always according to his story, was that he was able to consume more than he expected, without clear notification or specific consent. The case has had a long history precisely because it does not appear isolated in the conversation. On Reddit, other users assure having experienced similar scares with unexpected charges, compromised passwords or difficult-to-resolve billing disputes. That doesn’t make every story verified evidence, but it gives us an idea of ​​what might be happening. At the same time, it helps to understand why venturaxi’s post has resonated: it points to a concern shared by several developers. According to the developer, the bill of 25,672.86 Australian dollars tfinished being canceled and Google would also have returned the $9,800 that, according to its story, had been distributed in five increasing collection attempts. The economic outcome, therefore, would have been resolved in their favor. Even so, the user maintains that he still had no clear answers about several points of the incident: how the key was exposed, what activated the account level jump or where exactly the traffic came from. The invoice of 25,672.86 Australian dollars ended up being canceled The most striking thing about this story is not only the number, but how easy it is to understand how something like this can get out of control. We are not talking about a large deployment or a huge infrastructure, but rather a key, an old app and an alert that did not do what many users could imagine. There is the warning for anyone working with these services, even in small tests: it is worth reviewing what is left open, what limits are real and what tools only inform us that the problem is already underway. Images | Xataka with Grok | charlesdeluvio In Xataka | You get a job offer from Spotify and another from Disney. What’s behind it is a phishing scam waiting

The Spanish atmosphere has been loaded with fuel and now it’s time to pay the bill

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Spain has been chaining one temperature record after another for a week and the culprit, as we have been explaining, is a subtropical ridge that the country has maintained between five and ten degrees above normal. Nothing particularly surprising, nothing that hasn’t happened two dozen times in the last few years. For complete the déjà vuIn fact, the same number has dragged a disproportionate amount of Saharan dust for days. And now, it’s time to suffer the consequences. Never corner a DANA. As I said, we can describe the third week of April with three words: heat, stability and suspended dust. But starting on the 23rd the situation changes and a trough is becoming detached from the general circulation and It is going to be configured in the form of DANA. The party starts here. The synoptic configuration is clear: a DANA in the southwest with the ridge still strong in the east and very warm air between the two structures. We have the basic ingredients of convection. What can we expect? AEMET forecast stormy showers locally stronghail and very strong gusts of wind in almost the entire interior of the Peninsula. Today, the highest risk areas are the west and center of the peninsula (Extremadura, Castilla-La Mancha, Castilla y León, western Andalusia), the Pyrenees and the Iberian System. If everything continues as it is, April will end up as the third warmest month on record and all that atmospheric energy will be channeled over the land. To put it in perspective: all this is going to cause average temperatures to drop more than 14 degrees in a matter of days. What does the heat have to do with the storm? Physicists use the Clausius-Clapeyron equation to explain that the atmosphere’s capacity to retain water vapor grows by approximately 7% for each degree of warming. The hotter, the more water vapor; more water vapor, (if the conditions are right) wilder storms. It is true that we are experiencing an unusual April… but the average temperature in Spain has risen 1.69 °C between 1961 and 2024 and heat waves last three days per decade. That is, the “outside the norm” in this case It means things are changing. and what we are going to experience (the passage from the 36 to the flood) is the new normal. Image | BenBaso | Xataka In Xataka | In two days, AEMET is clear that spring is suspended: an “early summer” arrives in Spain

While most citizens pay the electricity bill, electricity pays Amancio Ortega: 49.2 million in dividends

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There are people who pay electricity bill every monthand people who are paid by “the light”. Amancio Ortega belongs, without a doubt, to the second group. The founder of Inditex will earn 49.2 million euros this year in dividends from three energy companies in which it has participation: Enagás, Redeia and the Portuguese REN (National Energy Networks). Despite being a considerable sum in terms of dividends, those 50 million euros seem like pocket change when compared to the amounts of its large business, 3,234 million euros that will receive from Inditex in 2026 for 59% of the shares it controls through its investment instruments Pontegadea and Partler 2006. Redeia: the largest energy check. Ortega’s most profitable participation, in terms of dividends, within the energy sector It is the one that the millionaire maintains in Redeia, the company he manages the Spanish electrical network. Through his company Pontegadea Inversiones, the businessman settled in La Coruñaacquired 5% of the company’s capital in July 2021 for approximately 456 million euros. With this position, it is the second largest shareholder in the company, only behind the State, which owns 20% through SEPI. The Board of Directors of Redeia will propose to the General Meeting the distribution of a dividend of 0.80 euros per share charged to the 2025 results, of which 0.20 euros They were already paid in January and another 0.60 euros are planned as a complementary dividend in July. Taking into account Ortega’s percentage of participation, that means about 21.6 million euros for Pontegadea, the same amount as the previous year. Furthermore, the Redeia’s new strategic plan For the period 2026-2029, it foresees a dividend that the company describes as “growing and sustainable”, to reach 0.87 euros per share in 2029, which represents an annual increase of 2%. In this way, Pontegadea, as representative of Ortegawould receive about 91 million euros over the next four years. The Portuguese bet: REN. Ortega’s other great energy pillar in 2025 has been the Portuguese REN, the Portuguese equivalent of Redeia. Far from settling for its initial position, Pontegadea expanded its participation in REN last yearpurchasing an additional 1.7% until reaching 13.7% of the capital. With that move, Ortega consolidated his role as second largest shareholder of the Portuguese company, only behind the Chinese electricity company State Grid Corporation of China, which controls 25% of the shares. By 2025, the REN Board of Directors proposed distribute among its shareholders a total of 106,750,601.92 euros, which corresponds to a gross dividend of 0.160 euros per share. On this occasion, the payment has been divided into two: a dividend of 0.064 euros per share has already been distributed as an advance at the end of November 2025, while a second payment of 0.096 euros per share is expected after its approval at the general meeting scheduled for April 15, 2026. The part corresponding to Pontegadea for its 13.7% of the capital represents about 14.6 million euros in total, which They add to those of its Spanish counterpart. A commitment to energy diversification: Enagás. The third leg of the energy business of the founder of Inditex is Enagás, the company that manages the natural gas network in Spain. Pontegadea acquired 5% of its capital at the end of 2019, paying 281.63 million euros for that package. Today that participation is valued below the purchase price, but the difference has been compensated through the dividends collected over the years. The gas company maintains his remuneration one euro per share for this year, maintaining the containment plan that began in 2024 and will last until 2027. The dividend will be paid in two payments: one of 0.4 euros that was already paid in December 2025 and another of 0.6 euros scheduled for July 2, 2026, with a total distribution of 157.2 million euros among all its shareholders. Due to its percentage of participation, the part corresponding to Pontegadea exceeds 13 million euros. A long-term strategy. Ortega’s investment in the energy sector is not an opportunistic bet in a sector in times of economic prosperity. It is a strategy that he has been building since 2019, when he joined Enagás, and that was completed in 2021 with the entry into Redeia and REN. To this we must add the alliances that has signed with Repsol to participate in renewable energy portfolios: wind farms in Aragón and Castilla y León, and solar plants in Albacete and Cádiz, among other assets. The Pontegadea model does not consist of investments by distribution companies, but rather in companies that manage infrastructure energy companies, which offer regulated and stable income with recurring dividends year after year. They are not high risk investments nor high speculative volatilitybut in strategic sectors independently of the economic cycle. In Xataka | There is a 50-ton “nuclear reactor” in a bunker in Fuenlabrada: it has been donated by Amancio Ortega Image | Pexels (Jan Kopriva), GTRES

The bill is 45,000 euros and two lost trials

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When a traffic light stops working there are road rules that we must follow until it is repaired. The worst thing is when this repair takes several days, causing chaos in traffic. That was what happened in 2023 in Valencia, and the dispute between the Superior Court of Justice of the Valencian Community (TSJCV) and the maintenance company remained unresolved until a few days ago. What happened. For five days in November 2023, the pedestrian traffic light located on Doctor Manuel Candela Avenue with Santos Justo y Pastor Street showed the red light and the green light at the same time. According to they count From El Motor, the first alert was registered on November 14 at 6:45 in the morning. Four days later, a municipal inspection confirmed that the problem remained unresolved. Why did it take so long? The origin of the failure, according to the Valencia City Council, was that the company that had to take charge replaced the burned out halogen lamps. for other LED types with E27 socket. Municipal services described them as “glaringly unsuitable for traffic light networks.” The problem, furthermore, was not only the type of bulb that was used, but the technical procedure they followed to install them. A procedure that municipal reports described as “technically inappropriate.” blegal attack. The City Council imposed a penalty of 45,000 euros on Electronic Trafic SA, the company awarded the contract. The company appealed, arguing that it had resolved two different breakdowns, both in less than two hours, and that the council had “deliberately” confused the terms breakdown and incident, which would entail different economic implications depending on the contract. He also alleged “animosity” from the head of the Mobility Service towards the company. The courts did not see it that way. What the judges said. The TSJCV confirmed the sanction on February 26, supporting the City Council’s thesis. The sentence highlights “the seriousness of the behavior followed by the contractor”, which left the incident unresolved for more than four days at an intersection where there is special traffic. The court highlighted that the municipal reports were “highly precise and exhaustive” and that the company did not provide sufficient technical evidence to refute them. According to point The Motor, in addition to the 45,000 euros, the company must pay 2,500 euros in procedural costs. What this sentence implies. The issue here is that the company notified of the problem but the traffic light continued not to work correctly during those days. Therefore, the city council insist in which the responsibility falls on the company, from notification to solution. The failure being a traffic light, a critical road safety device, all the more so the urgency of finding a solution. More and more cities are outsourcing intelligent traffic management to private companies, and the ruling certainly sets a precedent. What happens now? The crossing operates normally. The ruling still allows for an appeal, although the fact that two different courts have endorsed the city council’s position means that the company has little room for maneuver. Cover image | Georgi Zvezdov In Xataka | We already have the VAT discount at the pump: now the battle begins to prevent gas stations from absorbing it

Data centers have made the electricity bill more expensive in the US. And the Government has said enough

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Every time you ask a generative AI to solve a problem for you, a server on the other side of the world needs power to process it and cooling to keep from melting down. The problem is that this electricity meter that spins at full speed is not just that of the large technology companies: it is that of the entire community. The AI ​​revolution has a real physical and economic cost that has already begun to hit the pockets of families, unleashing a crisis that has forced the United States Government itself to hit the table. The US government has said enough. According to federal dataresidential electricity prices will increase a national average of 6% in 2025. Citizens, stifled by the cost of living, have begun to connect the dots and point to the huge data centers that are proliferating in their neighborhoods. As detailed Politicalthere are currently some 680 data centers planned in the country, gigantic infrastructures that will require energy equivalent to that of 186 large nuclear power plants. This brutal demand has provoked strong citizen opposition, how to explain Guardiannumerous communities have begun to reject and block these projects for fear that their bills will skyrocket. The pressure has been so strong that the rebellion has penetrated traditionally conservative fiefdoms. According to Financial TimesRepublican legislators in states such as Missouri, Ohio and Oklahoma have suggested halting the construction of data centers, while Florida Governor Ron DeSantis has pushed laws to regulate them and protect families from price increases. Faced with this scenario, Donald Trump’s administration has been forced to intervene. Washington’s “historical pact.” As reported The New York Timesexecutives from Google, Microsoft, Meta, Amazon, OpenAI, Oracle and xAI made the pilgrimage to Washington to meet with President Trump and sign the so-called “Taxpayer Protection Pledge” (Ratepayer Protection Pledge). The objective of the agreement is to shield consumers from rising electricity costs. Technology companies have committed to “build, provide or buy” the new electricity generation resources they need, assuming 100% of the costs of infrastructure and improvements to the transmission network. During the meeting, Trump left a phrase that perfectly summarizes the sector’s reputation crisis: “They need help with public relations, because people think that if a data center is installed, the price of electricity will go up.” The president assured that, thanks to the pact, that “will no longer happen.” For their part, managers such as Ruth Porat (Google) or Dina Powell McCormick (Meta) confirmed their commitment to pay for the infrastructure “whether or not they end up using that energy.” according to statements published by the New York media. We cannot understand this move by Washington without looking at the electoral calendar. Politically, as they point out Financial TimesRepublican strategists alerted the White House that energy inflation was an imminent risk ahead of the midterm congressional elections (midterms). The Democrats, like Senator Mark Kellywere already using citizen anger as a political weapon, calling Trump’s pact a simple “handshake agreement” that was insufficient. And the clash with reality: a network to the limit. On paper, the promise sounds perfect. As the specialized media ironically says Engadget“big tech agrees not to ruin your electricity bill.” However, journalism and energy sector experts agree that there is a gigantic distance from words to actions. As he warns Political, The agreement is, in essence, a voluntary “handshake”, without binding legal force. Rob Gramlich, former economic advisor cited by CNBCremember that the White House has no direct jurisdiction over this matter: the rules of the electric grid are decentralized and depend on the public service commissions of the 50 states. It is they, and not the federal government, who approve how costs are distributed. The damage in some areas has already been done. Argus Media reports that on the PJM network —the largest in the US, covering 13 states and including the world’s largest data center cluster in Virginia—capacity costs have skyrocketed by $23 billion, record rates that are locked in until 2028, making it “virtually impossible” to lower prices for consumers in the short term. An independent watchdog came to describe this situation as a “massive transfer of wealth” from citizens to corporations. Competition for resources is fierce. Abe Silverman, researcher at Johns Hopkins University cited by Politicalcompares the situation to “a bidding war for a ticket to a Taylor Swift concert.” There is a five-year waiting list for gas turbines, and their prices have doubled. This technological urgency not only makes the network more expensive, but is stopping the green transition in its tracks. As they explain Argus Mediathe immense demand for servers cannot be covered quickly enough with renewable sources. This is forcing power companies to delay the closure of polluting coal plants and invest heavily in natural gas generation, perpetuating dependence on fossil fuels. The greatest risk, Silverman warnsis what happens if Silicon Valley is wrong in its growth calculations: “You spend 3 billion to improve the network, and then the data center does not materialize (…) Who is left with the problem? Grandma.” Should Europe demand the same? If we cross the pond, the situation is no less worrying, and the regulatory approach is drastically different. According to data from the European Commissiondata centers currently consume 415 Terawatt-hours (TWh) globally (1.5% of the world total), a figure that, driven by AI, will double to 945 TWh in 2030. In the European Union, consumption was around 70 TWh in 2024 and will jump to 115 TWh by the end of the decade. Europe has launched a mandatory monitoring system under the Energy Efficiency Directive to demand transparency about this consumption and its water and carbon footprint. But in Spain, the problem is already a physical jam in the networks. As we have described in Xataka, The Spanish electrical grid is like a saturated highway to which, suddenly, “a convoy of trucks of industrial tonnage” has arrived. The technical regulations of the National Markets and Competition Commission (CNMC) caused a “cascade effect” that blocked connection permits. The … Read more

Your employees pay that bill every morning

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For decades, commuting to work in large Spanish cities had a clear logic: workers lived on the outskirts of large cities and They traveled every morning towards the center to their jobs. It was a fairly stable urban model, reinforced by transportation networks designed to take workers to the large office districts of the urban area. However, in recent years this pattern has been changing as the price of land in the center has skyrocketed and companies have also had to move to the periphery. As and as it portrays The Countrythe problem is that cities are not designed to move from periphery to periphery, and that movement has become in a daily mousetrap for millions of employees. Not even the companies can bear the prices of the center. In recent years, many companies have chosen to move their offices to peripheral areas where land is cheaper and there is space to build. large office complexes. This movement has made it possible to build huge business campuses that would be unviable in the urban centers of large cities with high demand for land such as Madrid or Barcelona. In Madrid, the north of the city has become one of the main destinations for this type of projects. An example is the Telephone Districtlocated in Las Tablas, which occupies about 22 hectares and concentrates more than 12,000 workers in a single business complex. The records of the Residence-Work Mobility Atlas of the Community of Madrid show that districts such as Fuencarral-El Pardo (where the Telefónica District is located) are already among the areas with the highest concentration of employment in the region. Barcelona experienced a similar process with the development of 22@ technological district in Poblenou, where numerous technology companies and corporate headquarters have been setting up shop in the last two decades. The transformation of this old industrial neighborhood created a new employment center outside the historic center of the city. Employment is moving, but so are prices. The problem with this migration of companies to the periphery of urban centers is that when thousands of workers begin to concentrate in a specific area, the real estate market usually reacts quickly. Proximity to work centers increases the value of nearby neighborhoods, which ends up raising rental and housing prices. This increase, in turn, forces employees to move to municipalities even further away from the city center and the offices where they work. The result is a constant increase in daily trips within the metropolitan area. In Madrid this phenomenon is reflected in the labor mobility figures. According to the recorded data According to the Mobility Atlas of the Community of Madrid, every day 1.2 million people enter the capital from other municipalities to work, compared to the 790,000 who did so in 2016. Something similar is happening in the city of Barcelona, which after the growth of 22@ has attracted workers from numerous municipalities in the metropolitan area, congesting the northern and southern access roads and the city’s ring roads due to the traffic generated by these employees at peak times, such as and how collect traffic congestion report of Inrix of 2025. Transportation takes you to the center, not to the periphery. All these congestion problems have their origin in the fact that the large transport infrastructures (metros, trams, Cercanías, bus lines, etc.) of the large Spanish cities have been designed for decades with a radial structure. They were planned to connect the peripheral neighborhoods with the city center, which was where most of the employment was concentrated. When new business centers began to grow outside the center, that structure began to show its limitations. Many workers no longer need to go to the urban area, but rather travel between peripheral areas that are not directly connected by public transport. This requires long journeys or several transfers, something that often makes the car faster. Even if it means getting stuck every day on the way to work. Furthermore, public transportation in many cities has become a lottery with constant delays and breakdownswhich generates uncertainty when considering alternatives to the private car. The price: hundreds of hours lost. The increase in long trips to work and dependence on the car is clearly reflected in traffic data. According to the TomTom Traffic IndexMadrid registered an average congestion level of 38% in 2025, which is 3.6 percentage points more than the previous year. That level of traffic means that traveling 10 kilometers during rush hour can take about 34 and a half minutes, with average speeds close to 17.5 km/h. The report also estimates that Madrid drivers lose around 98 hours a year in traffic jams during rush hour. When daily journeys are long, the accumulated time can multiply and reach up to 500 hours per year per person lost in traffic jams. Barcelona faces a similar situationwith a level of congestion in its urban center and access roads of 41.1%, which is one of the highest figures in Europe. In Xataka | The worst traffic jam in history: two weeks, more than 100 kilometers and thousands of cars detained in China Image | Unsplash (Kathy)

AI data centers are skyrocketing your electricity bill

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data centers They consume a lot of electricityfrom there arise proposals as crazy as that of take them to space either submerge them in the sea to reduce its consumption. Technology companies face a problem of shortage of electrical energy, but the real problem is something else: data centers are causing the electricity bill to rise for all citizens. Now three US senators want to investigate it thoroughly. A political question. They say in the New York Times that three Democratic senators have announced that they are going to investigate big technology companies for their role in increasing the electricity bill. Senators have sent letters to Microsoft, Google, Meta, Amazon, CoreWeave and other companies asking them to detail exactly what their data centers consume. The bill increases have become a political issue and have played an important role in elections in several states. In the case of Virginia, where the largest number of data centers in the world are concentrated, Governor Abigail Spanberger’s campaign included proposals to require data centers to “pay their fair share.” The problem. For the past 20 years, the US electricity system had been stuck with stable energy demand or very modest increases. Data centers have seen very abrupt growth. In 2023, data centers consumed 4% of all electricity in the United States and this is estimated to increase up to 12% 2028. This abrupt increase in demand has forced electricity companies to modernize the network. The technology companies assume part of the cost, but not all, and the way to recover that investment is through the bill of all network users. The discount trick. The technological ones, such as Amazon ensures that its data centers are not raising the bill and that they assume all the costs, contributing to improving the network for everyone. What they don’t say is that they benefit from enormous discounts, like the one they Amazon itself requested regulatory authorities in Ohio in 2024, where they are building a data center, a discount on the electricity rate. The problem is that the agreement is opaque and we do not know how much that discount was, but it is estimated that it could be 135 million per year, over a period of 10 years. Who really pays? In many cases, technology companies pay for the infrastructure necessary to expand the network, but what about these discounts? According to a paper published by the Harvard Electricity Law Initiative in which they reviewed more than 50 regulatory cases, it is very common for electricity companies to offer subsidies to attract technology companies and the way to compensate for these discounts is to pass them on to all network subscribers, which ends up increasing the bill. Unaffordable increases. According to the United States Energy Information Administrationin September electricity increased 7% compared to the same period of the previous year. Things change if we go to the cities near the data centers, where the increases have reached 267%, unaffordable figures for many citizens. Proposals. There are states that are already legislating to prevent network customers from ending up paying the bill for data centers. This is the case of Michigan, which has put special rules for data centers. Companies must sign a contract of at least 15 years, face fines if they cancel before and pay at least 80% of the contracted power even if they do not use it. In addition, they must pay all the costs of the lines and services that are built to serve them. However, these proposals could encounter difficulties due to the executive order that Trump signed and that prevents states from enacting laws that could stop the advance of AI, all to win the battle against China. Image | Google In Xataka | The United States may win the AI ​​race, but its problem is different: China is winning all the others

Netflix entrusted him with more than 70 million for a series. He came with zero episodes and a luxury mattress bill of $638,000

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Carl Rinsch, director of the semi-unknown Keanu Reeves film ’47 Ronin’ has been convicted of defrauding $11 million to Netflix. For the production of a science fiction series that was never made… nor was it planned to be made. Electronic fraud, money laundering and illegal transactions are the charges for this ingenious scoundrel who dared to tease one of the giants modern audiovisual corporations. What happened. The ‘White Horse’ project, later renamed ‘Conquest’, started in 2018 as an ambitious science fiction series about an artificial humanoid species that rebels against its creators. Netflix beat out Amazon, Apple and HBO in a bidding war for the rights to the series, disbursing more than 61 million dollars and granting Rinsch final creative control. 44 million dollars later and after filming in Uruguay, Brazil and Hungary, there was nothing on Mr. Netflix’s table. Crazy investments. In March 2020, as the pandemic spread, Rinsch requested an additional 11 million to, supposedly, complete the series. For some reason, Netflix agreed: Rinsch transferred the funds directly to personal accounts and speculated with stock options for Gilead Sciences, the pharmaceutical company that wanted to end COVID-19 (and COVID finished with her), losing approximately half of the capital in weeks. He later invested in Dogecointurning 4 million into 27. With the profits he unleashed a consumerist hurricane that resulted in five Rolls-Royces and a Ferrari worth 2.4 million dollars, two Hästens mattresses handcrafted in Sweden valued at 638,000 dollars, Swiss watches worth 387,000 and antique furniture valued at 3.3 million. Netflix canceled the project in 2021 after receiving only some promotional fragments of the hypothetical series. The sentence. In an unusual strategy, Rinsch chose to testify in his own defensemaintaining that the 11 million constituted a legitimate reimbursement for own capital invested in the project, and that the material already shot served as a negotiation tool to secure a second season that Netflix would never formally authorize. The prosecution presented bank statements showing direct transfers from the production budget to Rinsch’s personal accounts. Why did it happen? To understand this series of misfortunes for Netflix’s pocket, we must contextualize when it occurred: between 2018 and 2020, Netflix was at the center of a kind of streaming “gold rush”, with spending on content that reached $17.3 billion in 2020. The platform then accumulated 45% of global spending on streaming content since 2010, doubling the investment of your closest competitorAmazon Prime Video. The war for creative talent intensified with the launch of Disney+ in November 2019, followed by HBO Max, Apple TV+ and Peacock. Those were the times when, seeking to create a consistent catalog, Netflix prioritized quantity over quality. In this context, Netflix gave Rinsch that final cut for fear of losing the project to rivals. Other frauds. Rinsch is not an isolated case in an industry increasingly vulnerable to fraud. David Ozer, producer with credentials at Starz Media and Sony Pictures Television, serves sentence after diverting more than $200,000 from the ‘Safehaven’ budget. More recently, in August 2025, David Raymond Brown was accused of orchestrating a Ponzi scheme for 12 million dollars: the producer created a fictitious company that issued invoices for non-existent or already paid services and falsified his profile on IMDb to attract more investors. Header | Dima Solomin in Unsplash

If you pass it, your bill skyrockets

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This winter comes with news that, after uncertain years, many homes are grateful for: the price of gas, which set records in previous seasons, has been moderated. The megawatt hour has gone from €50–55 last winter to around €30, a relief that invites you to breathe although it does not solve the question that comes back to the table every year: at what temperature should you set the heating to avoid skyrocketing the bill without being cold? The answer seems obvious, but it is not. Thermal comfort depends on the thermostat, yes, but also on insulation, usage habits, the health of those who live in the house and the available technology. That is why experts agree that it is not about heating more, but rather heating better. The rank that decides everything. There is technical, institutional and scientific consensus: between 19 and 21ºC is the optimal temperature for the home during the day. According to the Institute for Energy Diversification and Saving (IDAE)recommends between 20-21ºC with appropriate clothing. Aessia, the Aragonese installers association consulted by Heraldoset the range to 19-21ºC and remember to place the thermostat in a representative area, away from windows, radiators and drafts. While energy companies match In that reference, the who and a study published by Lancet Planetary Health consider 18ºC as the healthy minimum to avoid respiratory and cardiovascular risks. And the eternal question: turn off or leave it at a minimum? Before answering it, it must be made clear that each additional degree above 21ºC represents an increase of 7% in the bill, according to IDAE. If that is the case, the recommendation is to turn off the heating when you are not at home and also at night. According to the institute, what is efficient is to adapt the ignition to the actual occupancy schedule. While we sleep, the body needs less heat and the feeling of comfort decreases. Therefore, 15–17 ºC is sufficient at night. Only in very poorly insulated homes could the system be left on at minimum, but even there it is usually more efficient to turn it off and on for a few minutes when you get up than to keep it running all night. Beyond the thermostat. A key piece that confirms this idea comes from scientific research. a study published in Nature Scientific Reports analyzed twelve homes equipped with sensors and reached a compelling conclusion: adjusting schedules and temperatures based on actual occupancy can reduce heating consumption by up to 38% and up to 14% of the home’s total energy expenditure. The researchers showed that turning off the system at night and during the hours of the day when the home is empty not only does not reduce comfort, but is one of the most efficient scenarios. Furthermore, they detected that even in identical homes, consumption varies enormously depending on the user’s habits: time spent at home, habits, income level or whether the home is owned or rented. The conclusion coincides with the IDAE: Efficiency does not depend only on temperature, but on how we manage that temperature. The problem is not the thermostat, it is the house. Many households believe that “the heater doesn’t heat up enough,” when in reality the home does not retain heat. AFELMA, the association of insulation manufacturers, He warned us in Xataka that poor insulation is responsible for a huge part of winter energy consumption. Old windows, uninsulated walls, thermal bridges and poorly designed shutter boxes are responsible for leaks that cost money. The technical data confirms it, a well-insulated home can reduce heating costs by between 20% and 30%. according to an IDAE document. In other words, two houses at 20ºC can feel very different. While one is comfortable, the other forces you to raise the thermostat three degrees more to obtain the same sensation. And the pocket notices it. The immediate future: insulation and ventilation. Spanish regulations already require that new homes or comprehensive renovations incorporate mechanical ventilation that renews the air without losing heat. In passive houses—the most efficient that exist—thanks to the combination of continuous insulation, airtightness and heat recovery, many are naturally maintained at 20–21 ºC without turning on the heating, as the architect Lourdes Treviño explained in Interior Magazine. It’s not magic: it’s a reduction of up to 90% in energy demand. The cheapest grade is that it does not leak. After reviewing official organizations, experts, scientific studies and real experiences, the answer is unequivocal: the ideal daytime temperature is between 19 and 21 ºC. At night, between 15 and 17 ºC. And the most efficient thing is to turn off the heating when no one is home. But the real savings are not only in the thermostat: it is in the insulation, intelligent use and preventing heat from escaping. This winter will be kinder financially. And yet, the great lesson remains: heating is not about raising degrees, but about preserving them. Image | freepik Xataka | Good news, turning on the heating this winter will be cheaper. Bad news, we don’t know when it will happen again

Hundreds of billionaires pledged to donate their fortune. The philanthropic era of Bill Gates and Warren Buffett has come to an end

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In 2010, Bill Gates and Warren Buffett teamed up on an unusual project: convincing hundreds of millionaires that They didn’t need half his fortune and they owed billions of dollars to philanthropic projects. Sounds crazy, right? Well they got it. However, the model promoted by these two regular figures in the top 10 with the greatest fortunes in the last four decadesappears to be reaching a tipping point. They are coming tax reforms and moral incentives are not supported by the always convincing fiscal incentives. The golden age of philanthropy among millionaires could be in its final stages. Gates and Buffett’s original plan. The project The Giving Pledgelaunched by Gates and Buffett 15 years ago, invited hundreds of the world’s billionaires to sign a non-binding pledge promising to donate at least half of their fortune to charitable causes during their lifetime or after their death. Since its creation, more than 250 billionaires from 30 countries have signed this commitment, adding a combined fortune close to $600 billion in potential donations. according to calculations of Business Insider. Despite the magnitude of the figures, in recent years the viability of this model of collective philanthropy has been questioned. Warren Buffett himself recognized in his last letter to Berkshire Hathaway shareholders that its plan to engage and motivate the ultra-wealthy “hasn’t worked,” assuming the idea of ​​a golden age of mass philanthropy may be coming to an end. According to a recent report of the Institute of Political Studies, of the 256 signatories of the commitment to donate half of their fortune, only nine have fulfilled their promise. Open doors to philanthropy. The approval of the “One Big Beautiful Bill” Act, a fiscal package that imposes a 10% tax to foundations with more than $5 billion in assets, has significantly altered the philanthropic plans of many billionaires. The withdrawal of tax incentives makes donations They are no longer such a priority for great fortunes. According to what he told Fortune Kathleen McCarthy, director of the Center on Philanthropy and Civil Society“The insidious thing about this is that it will seriously affect the large liberal foundations like Gates, Ford and Soros”, which contributed millions of dollars to social, health and educational projects. “Whereas conservative foundations are much smaller and will pay a much lower rate,” McCarthy stressed. New ways to donate. This new scenario, which alienates large foundations from the front line of giving, is pushing philanthropists to look for alternative ways to give and modify their strategies. “Billionaires will begin to look for alternative mechanisms when they realize that they are being forced to close their foundations,” explains McCarthy. Practices like direct donation practiced by MacKenzie Scott, ex-wife of Jeff Bezos, and her Yield Giving foundation are gaining ground. Your strategy: donate the money directly to the organizations that develop the projects. Without intermediaries or segmentation of funds. According to a report of the Center for Effective PhilanthropyScott has already awarded more than $19.25 billion to 2,450 nonprofit organizations. This is how Bella DeVaan, from the Institute for Policy Studies in the article Fortune“I think she sets the trend and is an ethical reference in the way of donating money, as Gates has been.” Buffett’s family legacy. Although the era of massive philanthropy seems to end, Warren Buffett has not stopped giving. With Buffett’s retirement as head of Berkshire Hathaway, the investor has delegated part of his fortune in donations to the charitable foundations of his three children and his late wife. Annually, the veteran investor has been distributing billions in the form of actions to strengthen the family legacy and ensure that its wealth benefits society. However, in his latest donations from the millionaire a striking absence has been noted: the Bill and Melinda Gates Foundation has already does not appear among its beneficiaries. In Xataka | The True Legacy of the Duty Free Founder: How Chuck Feeney Inspired Bill Gates and Warren Buffett Image | Flickr (Fortune Live Media)

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