concerned

Someone is so concerned about the exodus of millionaires from California to Miami that they have even organized a demonstration

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Silicon Valley is packing its bags at the simple proposal of a new tax that would tax the fortunes of more than a billion dollars. In fact, some millionaires have already taken flight and bought one (or several) mansions in Miami to avoid having to pay for it. Does anyone care so much about this? exodus of millionaires who has even taken the initiative to defend them amid fears that they will abandon California to avoid high taxes. Even has called for demonstrations on the streets of San Francisco. To no one’s surprise, the press who went to cover the event and those who went to mock the demonstration outnumbered those who demonstrated. Doesn’t anyone think about millionaires? Derik Kauffman, a young 26-year-old founder of the AI startup RunRL and fresh out of the Y Combinator project incubator, an entity that was chaired by Sam Altman between 2015 and 2019, he has been the driving force behind the movement “March for Billionaires“. According to collect the local media San Francisco ExaminerKauffman pushed the event to oppose California’s proposed wealth tax and change public perceptions of the wealthy. The young man admitted that he was not aware of any billionaires intending to attend the demonstration defending their interests, but he wanted to show the contribution of great fortunes to the local economy. Rumors of a tax that have caused a storm. Kauffman’s initiative arose in response to the union’s proposal SEIU United Healthcare Workers West to create a 5% tax on fortunes over $1 billion, excluding real estate and pensions. According to the union, this measure would affect about 200 Californian residents and would raise about 100,000 million in the next five years. The proceeds would go to offset the Trump administration’s cuts in education, healthcare and social assistance. The tax would be applied retroactively to those who lived in the state in 2026, but for the initiative to be considered in a November 2026 vote it needs the support of 875,000 signatures. In fact, the initiative does not even have the support of California Governor Gavin Newsom, who is strongly opposed to the tax and work to block it. The march in San Francisco. The demonstration in support of the millionaires took place through some streets of San Francisco, and had “a few dozen” attendees, surpassed by journalists and curious onlookers who came to see the demonstration with their own eyes. As expected, neither Jeff Bezos nor Mark Zuckerberg attended the meeting. In fact, it is not strange. A Harris Poll points out that 74% of Americans consider millionaires to be overrated and 76% believe that they benefit from a poor system. OK to what was published by The Wall Street Journalthe march was led by a banner that read: “Billionaires Build Prosperity: Keep Them in California!” Behind her, just about twenty protesters held banners supporting the millionaires. In front of them they found a group of curious people who had also come to express their ideas and to verify that the march was not a joke. One of them held a sign that read: “I am poor and I am proud.” Reactions of millionaires. Other billionaires living in San Francisco, such as Jensen Huang, CEO of Nvidia, They distanced themselves from the protest and they have agreed to the tax. Huang stated that “we choose to live in Silicon Valley, and whatever taxes they want to apply, so be it. I’m perfectly fine with that.” Other technology leaders have not made public statements, and have simply headed to Florida without giving further explanations. a few weeks ago the founders of Google did it. A few days later, Mark Zuckerberg did itwho after two decades in San Francisco, will change his zip code to that of Billionaire Bunker. However, what the millionaires have started is a lobbying campaign with million-dollar donations so that the measure does not prosper, according to information of Bloomberg. In Xataka | Countries are trying to prevent the accumulation of wealth of technological millionaires. Ancient Rome tried it too Image | March for Billionaires

Bill Gates was concerned

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In addition to dedicating much of his time to fighting for him Epidemia control and eradicate diseases such as malaria and different Diarrheic fevers Throughout the planet, one of Bill Gates’ main concerns has been the Obtaining sustainable energy. Something in which Microsoft’s founder has invested a huge amount of money. One of those investments has been Terrapowera company founded by Bill Gates in 2006 dedicated to the development of New generation nuclear reactors. Its objective is to create a safer, efficient and less waste energy, highlighting projects such as the Traveling Wave Reactor (Traveling Wave Reactors or TWR) and the Natrium reactor of molten salts. Gates wants to end the polluting freighters For him Natrium developmentTerrapower had the collaboration of HD Hyundai, one of the world’s largest naval builders based in South Korea. Now Bill Gates has renewed that commitment To carry that alliance a little further and advance in the development of small nuclear modular reactors (SMR) that could revolutionize the Cargueros ship propulsion of great tonnage. This collaboration represents a significant step to reduce maritime transport emissions, responsible for 3% of CO2 global emissions, comparable to those issued by countries Like Germany or Japan. The ambitious project seeks to extend the use of these reactors beyond land plants, integrating them into ships capable of traveling long distances with zero direct emissions. As confirmed In a statement HD Hyundai, La Naviera is already developing a container convener with capacity for 15,000 TEU promoted by SMR, with investments of more than 200 million dollars and the expectation of operating these ships around 2030. For its part, Terrapower provides the technology of its fourth generation Natrium reactor with liquid sodium cooling and thermal storage in molten salt, recognized for its high efficiency and safety. The alliance between Terrapower and HD Hyundai made the SMR possible The first 2024 alliance between Terrapower and HD Hyundai was an important impulse to the development of Gates Startup SMR reactors, promising a lower generation of waste in the process and better adaptation to energy demand due to its small size. In that agreement, both companies joined to manufacture the reactor vessel for the Natrium’s first land plantshowing a synergy that is now extended to climb the production and application of these SMR at the commercial level, including their use in maritime propulsion. SMR reactors (Small Modular Reactors) They are actually small compact nuclear plants with modularized design, which facilitates its series manufacturing and reduces operational costs. In addition, when using advanced technologies such as liquid sodium cooling, its use is safer in mobile scenarios such as its installation on a cargo ship, eliminating common risks in traditional nuclear energy, such as overpressure. On the other hand, their size allows to integrate them into small spaces which opens a whole range of options for its use at a commercial level as substitutes for the big diesel engines that move the gigantic charges who vertebrate world trade routes. This flexibility opens new opportunities not only in the maritime sector, but also in green hydrogen production and as support for floating electrical networks. As Chung Kisun, executive vice president of HD Hyundai, points out through the official statement From the company, “this will mean a turning point in the construction of a global nuclear supply chain and in the advancement of the change of energy paradigm.” Chris Mild, CEO of Terrapower, adds that “the association with HD Hyundai allows us to accelerate the commercialization of Natrium reactors and create market opportunities worldwide.” In Xataka | Everyone thinks that this unique yacht is from Bill Gates, although no one has ever seen it on board: it is sold for 645 million dollars Image | HD Hyundai, Flickr (World Bank Photo Collection)

We have been concerned about what companies with our data do. Brazil will allow money with them to win

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Brazil has just crossed a line that promises to change forever the relationship between its citizens and their personal digital information: digital wallets to moneture their data. Why is it important. The South American country has announced The first national program in the world which allows its citizens to own, manage and monetize their fingerprint. Brazil has decided to convert this information into economic assets for those who generate them instead of simply seeing how their citizens give data to technological ones. The initiative, administered by Dataprev – state technology company – in alliance with the Californian Drumwave, will create personal data savings accounts. Users may deposit the information generated by their daily activities and receive economic offers from companies interested in buying it. In detail. The system works like cookies of third partiesbut with a turn: instead of simply accept or reject, users can choose to make money. When they request a loan, for example, the contract data will be stored in their digital portfolio, and companies will be able to bid for them. “People don’t get anything from the data they share,” explains Brittany Kaiser, co -founder of Own Your Data Foundation and Drumwave advisor, according to the official statement. “Brazil has decided that its citizens must have property rights over their data.” The pilot starts with a small group of Brazilians who will use loan portfolios. After accepting an offer from a company, the payment is deposited in the portfolio and can be transferred immediately to a bank account. The context. This movement places Brazil ahead of the United States, where a similar initiative of the governor of California, Gavin Newsom, It was raised in 2019 But he never took off. If it is completely implemented, it will be the first public-private association that allows citizens-not to companies-to obtain a personal data market share. Yes, but. Some specialists in Brazilian data protection have expressed serious doubts. In a country where three out of ten people are functional illiteratesaccording to official data, there is a risk that vulnerable populations sell their data without understanding the consequences. “We will be asking for half of the country that you don’t know how Rest of World. “People in vulnerable situations will say yes, and that could be used against them.” The background. The Brazilian Congress works on a bill that would classify data as personal property, exceeding the current legislation that considers them an inalienable right. The new regulations would give people complete rights about their personal information, especially that generated “through the use and access of online platforms, applications, Marketplaceswebsites and connected devices “. And now what. If this is consolidated, Brazil will sit a precedent that other countries can follow. The proposal promises “a correction in the historical imbalance of the digital economy,” according to Rodrigo Assumpção, president of Datapre. The idea: transform personal data into assets for those who provide them. For companies such as Google, Meta or Amazon, accustomed to obtaining valuable data “simply” offering their platforms also for free, this proposal is an earthquake. For users it could be the first step towards a world where each clickeach search and each digital movement has a tangible market value. Outstanding image | Samuel Costa Melo and Campaign Creators in Unspash In Xataka | The AEPD already knows where the data of millions of freelancers who were on sale on the Internet have come from: the Chamber of Commerce

Everyone has reasons to be half happy and half concerned with the new Pope

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At 18:08 of May 8, 2025, in the fourth round of voting on the second day of the conclave, Cardinal Robert Francis Prevost was elected Pope. It is not exclusive, or any mystery. These days we have lived what is possibly the most broadcast conclave in the history of humanity and, at this point of the week, almost everyone knows everything that needs to be known about the new Vicar of Rome. In fact, everyone knows too much about Leo XIV. A series of extraordinarily well measured gestures. Today, Italian newspapers comment that Prevost He took many votes already in the first vote of the conclave. It is not something we can know for sure, but that is the explanation that his speech from the balcony was so long. He had time to think about words, gestures and emphasis. Also in the symbols. Leon XIV went out to the Plaza de San Pedro dressed in the traditional habits of the Supreme Pontiff. Something that Francisco did not do. And, in fact, he has chosen a very rich name symbolically. Everyone is talking about Leon XIII (“father” of the rich social doctrine of the Church, but also of Syllabus, the great refutation of the ‘main errors’ of the modern world); But you could talk about Leon i (whose papacy, According to Benedict XVI“It was undoubtedly one of the most important in the history of the Church”) or even Fray Leonone of the closest collaborators of San Francisco de Asís. And that has been noticed … “The decisions of Pope Leo XIV of adopting a traditional name and appearing with the traditional papal outfit – as Benedict XVI did and not Francisco – are small but encouraging signs of a man who subordinates to the papal trade and understands the importance of continuity with the past.” Those words are from Edward Fester One of the best known conservative theologians today. A few minutes later, I even praised his temperament. Burke either SarahFrancisco’s staunch enemies have also been hopeful. On the opposite side, Jesuit James Martín (one of the church members closest to the LGTB opening) He said he knew that “Pope Leo XIV is a kind, open, humble, modest, determined, worker, reliable and feet on the ground. A brilliant choice.” How is it possible? Because, even if it may not seem, the reading that the media are making of why Leon XVI has been chosen ignores the dynamics and political of the Church. The constant temptation to interpret what happens in the world according to the narrow framework of socio -political references in which we move, makes the debate about the conclave seen as primary to Pope: but without trying to understand what is happening in an international organization with thousands of problems and very complicated solutions. Things like flying old Premost tweets against Trump’s immigration policytake advantage to ask that there are women in the conclave or the widespread regrets because lTo Church doctrine about abortion is “outdated”They show that these last days have been nothing more than a huge projection exercise. In illo one unum. His pontificate’s motto is not a coincidence. In addition to his 12 years as a prior of the Augustinians (a huge order with global implementation), Prevost was known, above all, by The diplomatic feat that led to closing the agreement of the last synod of the bishops in which the most reformist groups and the most traditionalists were about to declare war. As the motto you have chosen suggest: it seems that its mission will be in tenders and heal a Catholic Church that He has been “harassed by the wolves for many years”. However, hope has a dark back. In the same way that all ecclesiastical groups have reasons to be hopeful, everyone has reasons to walk. No one knows for sure what will do or stop doing Leon XVI. As in the case of Francisco or Juan Pablo II, the choice of someone relatively unknown in Rome opens the set of play in a radical and unexpected way. And that, in an organization of the size and power of the Catholic Church that is a lot. Image | Infoweather1 | Wikimedia In Xataka | In 1958 the Church applied a small change in the funeral of Pius XII. Ended the deceased exploiting (literally)

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