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If the question is whether we can have a cheap electric car in the short term, Skoda’s answer is clear: “no”

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The cheap electric car is, at the moment, a mythological being. At least if we want it to offer us the same autonomy performance as a combustion car. And that variable continues to be what puts manufacturers back when they have to electrify their access versions. The last to make it clear: Skoda. “That’s for sure”. These are the words of Klaus Zellmer, CEO of Skoda, who has confirmed that “we will not electrify our basic models, such as the Fabia, the Kamiq or the Scala” in an interview with Automobilwoche. He then noted that they will keep them as mild hybrid models but “we will not launch them as purely electric vehicles, that’s for sure.” Why does an electric car have less autonomy than advertised? What Zellmer is not clear about, he explains in the interview, is that there is enough potential customer to make this cheap electric car a sufficiently profitable product. “But…”. The “buts” are the big problem with the low-cost electric car. And that big but is, without a doubt, autonomy. Yesterday we explained that an electric car can be much cheaper than a combustion one if the type of use accompanies it. This “cheaper” is more pronounced in cities where electric cars gain in consumption, in the price of electricity compared to fuel and maintenance (due to having a lower risk of breakdowns). The problem is that when the driver wants to go on a long trip he has to accept some discomfort. And not everyone is willing to do so. Does it make little sense to define your purchase by two long trips a year? Maybe, but here each one must evaluate How much is your time and money worth? Many people are still not compensated. The strategy. For now, we know that Skoda will have its own version of a 25,000 euro electric car but it will not be released below this price. That is, he will have a brother Volkswagen ID.2 either Pole ID but he will not put on the market a brother of the Volkswagen ID.1the electric version that the German company will have in the range of 20,000 euros. The movement makes a lot of sense. The Volkswagen Group uses the pull of the Volkswagen brand to champion the electrification of the automobile conglomerate. Launching an electric Skoda would force it to place it below its German brother due to the positioning of both companies in the market and they do not believe that there is sufficient demand to keep two models alive. There is another detail to take into account, Renault has demonstrated with the Five that can sell many units of an electric car for between 25,000 and 30,000 euros. But it has done so with a very strong commitment to design and care, positioning it as a perfect car for the urban environment but also positioning it as the second beautiful, practical and cheap car in a home. sell a lot. This is what a manufacturer needs if they want amortize the investment in an electric car low price. And the profit margins have narrowed in that segment given that the price of the battery continues to represent a very high cost in relation to the final price of the vehicle. To this we must add the safety obligations of the European Union, which have also made the survival of this type of automobile difficult. Although the price of the battery has been falling (and is expected to continue doing so in the futureThe truth is that making a low-priced electric car profitable is very complicated. It is necessary to adapt production lines, have an adequate supply of batteries and, if you want to achieve maximum performance in autonomy and behavior, design your own platform. That is why some manufacturers have chosen to share platforms (like Volkswagen and Ford) or renew cars that were becoming obsolete with a profound update to reposition them in the market as a new car, trying to amortize the initial investment, as in the case of the Dacia Spring. Run before walking. What they defend at Skoda is that the transition has been done too quickly and that it is impossible for manufacturers to meet the given deadlines. We may more or less agree with this statement but the truth is that the public is not buying electric cars at the expected rate. And those cars worth between 20,000 and 25,000 euros are testimonials. In fact, of the 10 best-selling electric cars in Europeonly the Renault 5… and the Skoda Elroq are sold for less than 30,000 euros. Of course, for now the threats of multimillion-dollar fines remain. first with a term that ends in 2027. Those who exceed an average of 93.6 gr/km of CO2 in their fleet sold since 2025 will be punished with a fine of 95 euros per gram of CO2 exceeded and car sold. That is, if the fleet of cars sold is one million and the average has been exceeded by one gram/km of CO2, we are talking about a fine of 95 million euros. In 2030, that limit should be cut in half, leaving virtually everything that not be an electrified carthat’s why at Skoda they talk about maintaining their access models “until the end of the decade.” From there, 2035 should be the year in which cars with combustion engines will not be sold. Something that is in the air at night pressure from big manufacturers and countries like Germany o Italy with a large automobile related industry. Photo | Skoda In Xataka | Denmark wants to make the electric car its only path. And it has done so by punishing those who buy cheap gasoline cars

The question is not if there will be another AWS outage, but when and how the next one will catch us

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Yesterday there was a fall in Amazon Web Services infrastructure which affected a multitude of services. Many AI tools did not work, nor did games like Fortnite or Roblox, streaming platforms, applications and much more. Additionally, at the same time there was a failure in the Redsys system (according to the company, unrelated) that left all payment services in Spain out of play. It’s not the first time this has happened and it doesn’t look like it will be the last. How can we prepare? Amazon falls. The failure occurred around 9 a.m. (Spanish time) at the AWS data center in Northern Virginia and caused a global butterfly effect. The DownDetector home screen showed a Dantesque panorama; Dozens of well-known services were experiencing downtime around the world. AWS reacted quickly and a couple of hours later they were already up and running their systems. And Redsys. Around 11 in the morning, the dataphones, Bizum payments and even the ATMs also began to fail. At first we attributed it to the AWS failure, but according to Redsys it had nothing to do with the Amazon Web Services failure. Regardless of whether it was a coincidence or not, for a few hours many people were left without access to their money and Redsys is the main payment service provider in Spain and one of the most important worldwide. Cash. In the case of failure of ATMs and dataphones, the solution is obvious: carry cash for what may happen, a habit that many of us do not have. In addition, it is also advisable not to keep all the money in the same bank, for example having a savings account separate from the rest for emergencies. Yesterday wouldn’t have been of much use, but if only our regular bank’s system had failed, we could access the other one. Diversify. As with money, it is not advisable to put all your eggs in the same basket in the case of the apps and services we use. The biggest problem may be if one of these outages affects communication services as happened with WhatsApp, Instagram and Facebook in 2021. In this case, it is best to have an account in other apps through which we can stay in touch. In fact, that time Telegram was the big winneradding no less than 70 million users. Dependence. The fall of Amazon Web Services is an example of the enormous dependence on the cloud, a sector in which Amazon is the undisputed leader with a 31% market share. It is followed by Microsoft Azure with 20%, Google Cloud with 12% and Alibaba Cloud with 4%. The pie is shared among very few companies and, if one fails, the impact is very great. It’s happened before. In September 2015, Amazon Web Services suffered another “blackout”” that affected many services such as Netflix, Reddit, Medium, Tinder and more. Already then the enormous dependence on Amazon’s cloud was evident and what happened yesterday makes it clear that the situation remains the same and even worse. Redsys also experienced a drop two years ago it affected bank payment systems. The dataphones, some ATMs and other services such as Bizum did not work. The situation was quite similar to what occurred yesterday. There have been more cases, such as last year’s Crowdstrike crash. Microsoft’s cloud-based cybersecurity platform knocked out the systems of airports, hospitals, and many more companies. And it will happen again. Fortunately it is not common, but errors of this type they happen all the time. The problem is when they occur in such large infrastructures on which so many services depend. Yesterday’s error on AWS occurred in the service that is responsible for distributing traffic among its servers, but also may come from other causes such as faulty updates or incompatibilities. Image | Markus Spiske, Pexels In Xataka | Red Eléctrica still has not stabilized the voltage half a year after the blackout. It is not a technical failure, it is a geographical mismatch

The question now is why the car was not opened.

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A Xiaomi SU7 Ultra has caught fire after a serious accident on Tianfu Avenue in Chengdu, the largest city in western China. The accident, which took place around 3:16 AM on October 13, has ended the life of the driver, a 31-year-old man who was trapped inside the vehicle while the flames consumed it. The images of the event have once again generated an intense debate on the safety of electronic handles in electric cars, a topic that It became popular after the first Tesla to incorporate this feature and that they have adopted a good part of the vehicles in the premium segment. China is about to change this regulation. What happened. The driver, identified by authoritieshit another sedan, crossed the median of the road and the car immediately caught fire. Several drivers passing by the area stopped to try to help him. The videos show how they tried to break the windows by hitting them with their elbows and shoes, without success. They then used a fire extinguisher, but the flames and intense heat prevented them from getting closer. After the firefighters arrived, who put out the fire, only the chassis remained: they had to use hammers and electric saws to cut the doors, which could not be opened manually. Why didn’t the doors open? local police confirmed that the driver was allegedly under the influence of alcohol. However, the focus of the controversy has focused in the vehicle’s electronic handles, which allegedly remained locked throughout the fire. Although some users on social networks they speculate Since the locking system was activated after the impact, the Chengdu and Xiaomi Auto authorities have not yet issued an official statement in this regard. This type of handles, popularized by Tesla a decade ago with the Model S, they depend on electrical energy to function, and in the event of a loss of power after an accident, they can prevent the occupants from exiting. The impact on Xiaomi. Xiaomi shares in Hong Kong fell up to 9% during the day on Monday, closing with a loss of 5.71%. It was the worst day for the company since April. This is not the first fatal accident involving a vehicle from the Chinese brand: at the end of March, an SU7 that was traveling in intelligent driving mode hit an obstacleburned and killed three university students. That event led Xiaomi to announce in September the software update of its driving assistance system in almost 116,900 SU7 units, after the Chinese regulator warned that the system could fail to detect certain scenarios. A problem that goes beyond Xiaomi. The safety of electronic door handles is part of a hot debate that involves the entire electric vehicle industry. In September, the United States National Highway Traffic Safety Administration (NHTSA) opened an investigation on Tesla for the handles of the Model Y manufactured since 2021, after it was learned that several people were injured or died when they could not open the doors when power was lost, especially after accidents. In another case earlier this month, a wrongful death lawsuit alleged that the Cybertruck’s door handle system caught a 19-year-old young man inside the burning vehicle. Also Rivian is redesigning the doors of its upcoming R2 SUV to include a more visible manual opening system following concerns from its employees. What does Chinese regulations say? The country has a public consultation phase your new standards security. These standards also include changes that are specifically aimed at the use of electronic door handles in vehicles. These changes are expected to come into effect soon, so they should put even more pressure on automakers to develop these types of levers. Cover image | Xiaomi and Weibo In Xataka | Chinese laptops are less and less imitating other people’s successes: the latest from Anbernic is identical to a Nintendo DS

The Meta Ray-Ban Display wants to replace the smartphone. The question is whether they will be able to do it: Crossover 1×25

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Mark Zuckerberg believes that In 2030 we will not take our smartphones out of our pockets so much because we will do almost everything from the glasses. This may be a fairly accurate prediction, especially after the launch of the Meta Ray-Ban Displayconnected glasses that are an important qualitative leap compared to traditional Ray-Ban Meta. Precisely to talk about If glasses can end up replacing the smartphone We have gotten together Jaume Lahoz, Jota and a server in Crossover 1×25. In this new episode we discuss everything about a launch that is certainly promising and even disruptive. So, we begin by talking about the integrated screen on the right lens of the glasses, an extraordinary option that allows you to display notifications and relevant information at all times. Added to this is that bracelet with electromyographic technology for gesture control, a fantastic way to interact with the interface of these glasses. Of course there is a worrying hidden face in this product: privacy risks. As with their predecessors, glasses can be used to capture images and video of what is in front of us, and that can spark new controversies in this regard. We also talk about how several manufacturers in China have similar models that even surpass Meta’s glasses in technical performance. And of course we review the history of devices that already wanted to tempt us in 2013 with the legendary Google Glass. Will other large technology companies enter this race? It seems inevitable, but the real question is whether glasses will actually become a great alternative to smartphones. Mark Zuckerberg is clear that yes. If you want to know what we think, We encourage you to take a look at the debatewhich we think has turned out great and interesting. Enjoy it! On YouTube | Crossover

Voltage problems have returned to the Spanish electrical system and the big question is what have we been doing these last six months

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The ghost of big blackout has returned to the fray: the Spanish electrical system has voltage problems. Serious problems, indeed. So serious that Red Eléctrica has had to ask for permission to take action on the matter. It goes without saying, but uncertainty spread like wildfire. Six months after the great blackout, Spain is living a little déjà vu. Are there reasons to be alert? What has happened? Electrical Network just notified to the CNMC which, for a couple of weeks, has observed sudden variations in voltage in the peninsular system. As he explained, this could compromise the security of supply and urgent measures would need to be taken to solve it. That includes temporarily modifying various operating procedures to stabilize the system while underlying problems are found. What do these modifications consist of? The proposals go from allowing technical adjustments to be applied directly during daily programming to giving the operator more room to act quickly if it detects a risk of instability, even before the operating day begins. In addition, it adopts stricter control of the automatic instantaneous balance mechanism and tightens the reactive voltage control. In summary, what has been notified is an express adjustment of the country’s electrical operations to contain the ups and downs in voltage that have been recorded. And all of this, to be implemented in five days. The big question is “now?” Because as Javier Blas pointed out“for months, the Spanish electricity grid operator (and the government) have been putting off the country’s electrical problems” and now, suddenly, a whole series of urgent measures are required. Red Eléctrica’s response. Given the concern generated by the request, the operator had to leave in passing, clarifying that there has been “no talk of a risk of imminent or widespread blackout”, that the voltage variations “have not posed a supply risk because they have been within the admissible limits”. However, the truth is that no one is too calm. As Blas said“The urgent request adds up to an additional $1 billion cost for Spanish customers as the grid operator is operating the system in what it calls a “boosted mode” since April 29 (in effect, operating gas-fired power plants more intensely and reducing solar and wind power).” If under these conditions the entire series of measures that have been requested are needed, there is some underlying problem. Or, at least, that’s what it seems: that the symptoms of stress in the system are clear and it is not at all clear that a handful of temporary measures are the solution we need. Image | Anton Dmitriev In Xataka | Harvest wheat or kilowatts? The new account that many farmers in Spain make

Using the WiFi on the train in Spain is the worst. The question is why there is so much difference compared to the rest of Europe

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If you have to work from the train and need WiFi, good luck. In some areas, even mobile data is useless, making the experience a real torture. It is no wonder, and Spain has one of the worst railway WiFi network infrastructures in all of Europe. According to an Ookla studiothe median download speed on Spanish trains reaches just 1.45 Mbps, compared to 64.58 Mbps in Sweden, which tops the list. At least we are above the United Kingdom or the Netherlands. A multi-layered problem. It’s not just a bad WiFi connection inside the carriage. The main failure, according to the study from Ookla, is in the “backhaul”, that is, in how the train connects to public mobile networks from the roof. Most European countries, including Spain, depend on “incidental” mobile coverage: the antennas installed by operators are designed to serve population centers, not specifically trains. The result is dead zones, constant signal drops and insufficient bandwidth when the train runs between cities. Average unloading speed on European trains. Image: Ookla Outdated technology on board. Inside the car, the panorama doesn’t help either. Although the study does not detail specific data for Spain, countries with similar performance such as the United Kingdom still maintain more than 50% of their connections on WiFi 4, a 2009 standard, and 38% use the 2.4 GHz bandmore prone to interference and congestion. This combination of outdated technology limits the experience even when the outside connection is decent. Sweden solves the puzzle with politics. In Sweden, the case is interesting because it dismantles the complicated terrain argument. Until the beginning of 2024, its trains offered speeds of just 2 Mbps. In the second quarter of that year there was a structural leap: the PTS regulator allocated public funds for neutral infrastructure in tunnels, imposed rail coverage obligations in the 2023 spectrum auctions and identified 45 tunnels and 630 kilometers of track with poor coverage. In just one year the speeds multiplied by more than 30. Average upload speed on European trains. Image: Ookla In Switzerland the model is different, but effective. This country, which is positioned in second place according to the Ookla ranking, has a different structure. And instead of universal WiFi on board, its operator SBB offers “FreeSurf”, a system that allows passengers with a Swiss SIM to use mobile data without consuming their rate while traveling. Bluetooth beacons in the carriages detect the device and the railway operator assumes the cost with the telcos. This avoids the bottleneck of shared WiFi and allows investment to be concentrated on improving the mobile network layer in the corridors. The problem is that it only works for residents with a local SIM. France invests in dedicated network. France built a specific network for railways on routes such as Paris-Lyon, with base stations every 2-3 kilometers, antennas facing the track and special systems in tunnels for trains that travel at 300 km/h and change cells every 15 seconds. Although the study places France In an intermediate position (19.12 Mbps), it continues to be well above Spain. Median latency of European countries compared to Taiwan. Image: Ookla Modern trains are Faraday cages. Part of the problem is structural. And how mention study, current railcars incorporate low-E glass with metallized coatings that block mobile signals more than a layer of concrete, according to tests carried out by the British Department of Transport. Germany has invested 50 million euros in laser treating 70,000 windows of 3,300 carriages to make them permeable to radio frequencies. Belgium abandoned a 173 million euro on-board WiFi plan and preferred to invest 40 million in modifying the windows of its trains. Asia prioritizes mobile over WiFi. In Japan, South Korea and Taiwan, the approach is different, as they invest in dedicated mobile data coverage on roads and tunnels, and treat WiFi as a secondary service. According to the study, Taiwan leads in latency (13 ms) and already deploys WiFi 6 on 20% of its rail connections. Its download speeds (8.1 Mbps) far exceed those of Spain, although they are far from the European leaders. The Japanese government, for example, has subsidized since 2020 the installation of cellular systems in all tunnels in the Shinkansen. satellite internet. Just like mention the study, operators such as ScotRail, SNCF, Trenitalia or PKP Intercity are testing terminals starlink and OneWeb on rural or coastal routes where ground coverage is insufficient. The strategy is not to replace mobile coverage, but to join both connections through onboard SD-WAN gateways. There are still limitations, as certified rail terminals are still in short supply, they do not operate in tunnels and the operational cost remains high if data is used intensively. In Xataka | How to share the data connection of your Android mobile or iPhone with an Internet access point

Someone has answered the question “how would Mario Kart be in real life.” And the result is hilarious, of course

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A frantic race with futuristic vehicles in natural environments, while ‘Firestarter’ of Prodigy sounds. The cars turn in the most closed curves, pass over demolished drivers, fall into a vacuum, everything is meticulously recorded in the dozens of cameras that accompany the players. It looks like a new version of ‘The death race of the year 2000’, but no: it is a circuit of Karts without engine built in Vietnam and whose savagery are viralizing in networks the devotees of the tube and the moraton. The southern paradisiac of Vietnam. This attraction, located in the amusement park Cao Nguyen Hoais in Da Lat, capital of the province of Lam Dong, south of Vietnam, which is also one of the main destinations of the country due to its fresh climate and its abundance of tourist attractions. The Truc Lam monastery, the palace of King Bao Dai, Lake Xuan Huong or the Prenn Cascade are some of them, but none like this Demential Motor Karts Circuit: They move through the natural inclination of the journey, and drivers only have a rudimentary flying (in one of the videos you can see how it is triggered from the car frame) and brakes that do not seem to work too well. Supercamorristas. The comparison with ‘Mario Kart‘It is obvious: although we do not see emphasis on the shape of a giant mushroom, the color of the vehicles and the Strangely paradisiac environment Remember the carefree barulos from the Nintendo franchise. It is an environment that remains drama to frantic races. The speed, yes, depends a lot on the risk that is sought: there are more rest races, and others that, with an important initial impulse, can provide all the sensation of being assisted by the popular nitro. More than karts. It is not the only attraction we can enjoy in Cao Nguyen Hoa. Among other possibilities to spend the day in the park we also have a giant swing of those who leave the user suspended to the edge of a cliff, gardens and an infinite pool. Admission costs about 100,000 Vnd, just less than four euros. Enjoy with the misfortunes of others. The comic power of the tube videos is clear since the silent cinema categorized the tartazos, the slippers and the mass persecutions as canonical within the international humor. Phenomena like ‘Jackass‘Or, in Spain,’ First Videos’, were analog predecessors of one of the categories of most consumed videos on the Internet: the FAILSto the point that their definition went to common language. The brain likes. There is multiple theories They explain why we like to see a career that, instead of running placidly, is full of blows and accidents, especially if they develop in a comedy environment and where no one is injured, which provides a Innection of cathartic effect. And of course, we must not forget the traditional Schadenfreudewhat the Germans say, enjoy the misfortunes of small -scale. The awkwardness of others, which best way to take oxygen in day to day mediocrity. In Xataka | We have just attended the first F1 race of autonomous cars. We cannot explain the result: you have to see it

The only question is when we are going to take it seriously

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Spain, 2025. Not only do we have just lived the warmer summer registered, but It has been the worst year of floods In more than a decade. And the last example we are seeing Live and live in Ibiza. There, while the military emergency unit is deployed, firefighters are already exceeded looking for people trapped in houses, garages and vehicles. Not a year ago of the last great flood that affected our country. The big question. Although many areas of Aragon, the Valencian Community, southern Catalonia and even the Cartagena Campo have had very serious problems during these days, the Peninsula seems to have drawn the ex-gabrielle bullet. Nevertheless, While Baleares suffers its impactthe question is whether all this is a coincidence or, on the other hand, the floods we are seeing and their destructive strength are aggravated by climate change. Moreover, the big question is whether we must expect more things in the future, if this is already “normal.” The question is whether all this is aggravated by climate change and, above all, what can we expect. Or, in other words, is this the new “normality”? And the answer is yes. Being schematic, There is more than solid evidence that global warming intensifies torrential rains. Above all, because more heat is more water vapor in the atmosphere (approximately 7% more for each grade). That means nothing concrete and, of course, it does not mean that every year is extreme on each site. Simply, probability and intensity increase. So this is “normal”? Thus, “Normal” in this context It is “a higher base risk.” That is, as the temperature rises, extreme events become more likely. And as time passes, that translates into more episodes of extreme rain and compound events. Statistics are already showing it: the European Environmental Agency estimates that damage Those of the previous one will fold from this decade. However, the central issue is that not everything is the weather. Bad decisions in urbanization, soil sealing, occupation of flood areas and infrastructure are the key piece of associated risks. And it is not something theoretical: there are many cases documented right here in Spain that They show that we have gotten In a mousetrap ourselves. And, as we have checked again and again, it is not easy to solve. We should be prepared, “what happens is that people have a very short meteorological memory,” Emilio Rey explained. We have spoken it on other occasions, we get used to the new normality very quickly and then, citizens and administrations “think that it will not happen to them again until there is no turning back.” Taking into account that Cold drop is nothing new“Of course, all infrastructure should be prepared.” “It cannot be built in channels. In addition you have to have them clean and this is an effort that may have to do in July or August, or every three months.” Long -term plans are needed and are usually complicated expenses to defend before public opinion. But it seems clear that There is no other way If we want to be prepared. Image | Wes Warren In Xataka | The question is not when it will stop raining, the question is how much water this fall will fall

The question is not when it will stop raining, the question is how much water this fall will fall

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The Mediterranean slope has once again been in the center of an important rainfall episode. From Zaragoza to Murcia, rainfall has flooded streets and squares. Fortunately, the situation has not achieved the magnitude of what we saw last fall, but the situation led yesterday to the State Meteorology Agency (Aemet) to issue several notices, including red notices due to extreme risk. Final in sight. The situation has not yet been reversed, although the focus of the rains has been moving. If yesterday the most affected areas were in the center and north of the Levantine coast, today the risks are concentrated in the provinces of Valencia, Alicante, as well as in Murcia and in the Balearic Islands: in the early hours of today, Eivissa has seen fall More than 115 mm of water. Yesterday the accumulated rainfall They touch the 240 mm in barxValencia, and exceeded 100 mm at the province airport. In some areas of Castellón and Tarragona, rainfall also exceeded 57 mm. Experts expect the transition to October to bring a radical change in the atmospheric. Aemet does not include in its forecast the arrival of significant phenomena and indicates that it is expected “it provides stable time in much of the country”, except in the eastern zone that will still see rethinking instability due to the influence of the cold trough. Radical change. The Aemet monthly forecasts They seem to secondary this idea: the agency provides that a driest month of October than usual in almost the entire peninsula and, especially, in the northwestern zone. It is also expected that the temperatures of the next few days will be higher than what would correspond to these autumn dates. The thing could change during the second half of the month. Although temperatures could continue to be high, the agency begins to glimpse anomalously high rainfall on the Levantine coast during the week that begins on the 13th. Some somewhat more abundant rainfall is also expected than usual in the southwest quadrant during the final stretch of the month. Two slopes, two stories. But if we want to know (or at least intuit) what we have autumn, we have to go to the longer term forecasts. What do these forecasts suggest? Well, the tonic will last, with two different trends in peninsular Spain. Regarding rainfall, Aemet foresees a dry autumn in much of the territory. Probabilistically, the agency talks about 45% probabilities of a dry autumn compared to 20% probabilities of a humid fall. However, the thing changes in the east zone, where uncertainty prevails with respect to whether autumn will be wetter, drier or if on the contrary it will remain within the parameters of normality. Echoes of a different autumn. The forecasts give rise to a complicated scenario: the lack of rainfall in much of the country implies the return of the ghost of the drought. As if this were not enough, the predictions on the Mediterranean coast are compatible with the arrival of intense rainfall episodes. These do not have to reach the magnitude of those that occurred last year, but the rains of these days show us that they do not have to reach such dimension to cause important problems. In Xataka | After months of indecision, meteorologists already see the girl in Pacific waters Image | ECMWF

Jeff Bezos asked his parents for savings from his life to found Amazon. They only asked him one question: “What is the Internet?

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In 1995, Jeff Bezos decided give up your stable job and well paid as an analyst on Wall Street to set up a book sales business online. At that time, Jeff Bezos was not the millionaire who is today, so he went to see his parents and asked them for help to invest in Amazon. His father’s first question was clear and direct: “What is the Internet?” Miguel and Jacklyn Bezos did not know much about that new technology, but they knew that their son was determined to squeeze it to the maximum. According to the writer Brad Stone in the book “The dream store. Jeff Bezos and the Amazon era“Bezos warned his parents:” There is a 70 % chance that you will lose everything. I just want to make sure I can return home for thanksgiving if this doesn’t work. “ Without hesitation, the Bezos invested a good part of the savings of their entire life in their son’s project. Today, that initial investment has grown 15,500% And it is worth more than the GDP of Iceland and Maldives together, making their father so rich (his mother died a few weeks ago) that, as he counted The Wall Street JournalMiguel Bezos is hiring a CEO to administer the assets of his Family Office. The origin of a historical fortune In the middle of the nineties, Mike Bezos, of Cuban origin and with family ties in a Small Valladolid municipalityhe decided to trust family savings to his son Jeff and, incidentally, becoming the first investors after the Amazon Foundation. According to documents Of the US Stock and Stock Exchange Commission (SEC), the initial investment of the Bezos was through the purchase of 582,528 Amazon shares to, only a few months later, expand your investment by buying 847,716 more shares. In total, 1,430,244 shares at a purchase price of 17 cents per share. That leaves a total investment of 243,141.48. Such and as it revealed Bloombergit is a fortune for a couple formed by a single mother who had to raise her son alone with a poor salary while studying A race, and a Cuban immigrant who arrived in the US with 16 years. After thirty years, if the initial investment had remained intact, it would amount to about 72.6 billion dollars. However, after different sales and donations of shares, the family heritage of Jeff Bezos’s parents exceeds 40,000 million dollars. CEO is sought for fortune According to The Estimates of The Wall Street Journal and Bloomberg, Aurora Borealisthe company that is responsible for managing the heritage of Miguel Bezos, was founded in 2020 and, if it were a person, would take 48 position among the greatest fortunes of the List of Millionaires of Forbes. Aurora Borealis, is currently one of the Family officers most relevant in the world for its heritage volume. The company manages assets of very diverse kinds, from those foundational actions of Amazon to investments in funds and projects of philanthropy through the Bezos Family Foundation. The growing heritage of the father of Jeff Bezos has reached levels that have become necessary to professionalize the team that manages it from Aurora Borealis, Speaking as CEO To Valeria Alberola, an executive with experience in the management of great heritage. As a reference, the new Amazon Fortuna Fortuna manager managed the Family Office of the Walton familyfounders and owners of the Wallmart supermarket chain. His goal, get Miguel “Mike” Bezos even richer. The history of Miguel Bezos’ fortune is not only relevant for facilitating the foundation of one of the world’s largest companies, it is also a unique phenomenon since it is not usual for a family loan of just under $ 244,000, ends up making millionaires to the founder’s parents, and not to external investors. Was A risky bet That he went well, but he could also have left Jeff Bezos banished from thanksgiving dinners and his parents with a serious economic problem. In Xataka | Technological millionaires presume ecological awareness. Their superyates and private jets tell another story Image | Flickr (George W. Bush Presidential Center)

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