Value sacrifice the historical dividend to create a European champion

Telefónica is valuing to eliminate or reduce its dividend of 0.30 euros per share, as reported VOICE. The measure would be part of the Strategic plan that Marc Murtra will present on November 4 and that seeks to obtain liquidity to finance acquisitions in Europe. Why is it important. This movement would mean the end of an era for Telefónica and its shareholders. The Teleco has been considered a “dairy cow” for investors seeking dividend profitability, especially those of senior age and traditionalist profile, and conservative funds. Deleting this remuneration would mean betting everything to technological transformation and growth. And the end of a stage for the Matildes. In figures. Telefónica annually allocates about 1.7 billion euros to the payment of dividends. According to Bank UBS, eliminating this game would reduce leverage 0.18 times a year. That is, not distributing dividends would allow Telefónica to reduce the pressure it has for its still high debt to its benefits. The action has revalued 12% since the arrival of Murtra in January, but follows 83% below its historical maximums in 2000, and 80% from the peak prior to the 2008 crisis. The context. The operator needs financial muscle to execute its European consolidation strategy. Murtra wants to create a “European champion” through acquisitions, With Vodafone Spain in the spotlight as he anticipated Expansion. However, these operations require billions that the company does not have years of desireing. Zegona bought Vodafone two years ago for 5,000 million euros and will want to get a benefit to a hypothetical sale to Telefónica. Between the lines. Several investment banks have recommended this measure to Murtra, a sign of consensus in the financial sector about their need. The proposal breaks with decades of tradition in a company where shareholders such as Criteriacaixa and BBVA have historically based their confidence on “the remuneration strategy.” Yes, but. If this measure ends up, it will not be extraordinarily popular, not even internally. Pallete already reduced the dividend from 0.40 to 0.30 euros in 2021 To reduce debt, and maintain it has been an implicit promise. Bank of America considers “complicated” the passage through this prior commitment, although not impossible. The decisive moment. November 4 will be the key date. Murtra must convince the market to sacrifice the dividend will generate a higher future value. Outstanding image | Telefónica In Xataka | 100 years after his birth, Telefónica faces the greatest existential dilemma in its history: what wants to be older

Europe has perfected missiles for decades. His new weapon is designed to sacrifice before touching the ground

Europe has been betting on precision missiles. He Taurushe Meteor or the Aster 30 They are a good example of this: expensive systemscomplex and refined to the millimeter, designed to get it. But the war has changed. It is no longer enough to have better missiles In it Aeronautical Hall of Paris, MBDA has presented Your answer. It is not a drone to show off, nor a weapon for surgical missions. The One Way Effector does not return, does not shoot: it is made to fall. And in that act, fulfill your mission. His role is to saturate. Fly in mass, force reactions, shoot alerts. Overwhelm the enemy based on volume. It does not seek to go unnoticed. Seeks to force you to react The One Way Effector does not fit at all in the best known categories. It is not a cruise missile, although it travels hundreds of kilometers. It is not a recognition drone, because is not designed to return. It is an disposable aerial ammunition, propelled by a small turbophah, whose mission is one: wear defenses. The approach reminds of the Shahed-136 Iranian that have redefined the Ukrainian front: Waves of cheap ammunition against very expensive interceptors. But MBDA has taken the idea one step further: greater speed, greater difficulty of interception and an explosive load would be enough to not be able to ignore it. Because that is logic. If the drone impacts, he has fulfilled. And if they demolish it, also: the enemy has had to spend a missile, activate a radar or turn on an alarm. The system is designed to operate in Salvas. We do not talk about one or two drones, but of tens thrown simultaneously from the ground or from the back of a vehicle. Each unit Follow your route via GPS guidancewithout the need for communication between them or coordination algorithms. They move in a group, enough to saturate the enemy response. Conceptual image of the One Way Effector It reaches speeds close to 400 km/Hy transports a 36 kg eye, equivalent to that of an artillery projectile of 155 millimeters. Has an estimated scope of 500 kilometers And a cost that MBDA describes as “a fraction of a cruise missile.” It is not stealthy, nor does it intend: its effectiveness happens to be visible, for forcing the enemy to act. If no one reacts, the drone arrives. And if someone does, it is exposed. The idea is that each defensive shot destined to demolish a position. Each lost interceptor reduces the response capacity. That is the game. The One Way Effector is not an experiment or an exotic prototype. MBDA wanted it to be, from the first day, a chain manufacturing product. To achieve this, he has signed an alliance with the French automobile sector that allows you to produce even 1,000 units per month. A Taurus missile To climb that production, the design has been simplified to the extreme. Body of compound material, commercial pieces, modular construction. No terminal guidance sensors or technologies difficult to maintain. His great asset is the volume. This does not mean that Europe is renouncing its precision arsenal. On the contrary: One Way Effector does not replace Taurus or the meteor or Aster 30. Is designed to accompany themto open their way. Taurus is a cruise missile that travels hundreds of kilometers and seeks to penetrate defensive layers with precision. The meteor dominates the Aire-Aire combat with its reach of more than 100 kilometers and its ability to correct real-time trajectory. Aster 30 protects airspace as part of a high efficiency antimisile system. But there is a common point: all are scarce and extremely expensive. Each launch is a strategic decision. The One Way Effector, on the other hand, is intended for the opposite: to be launched without hesitation. If the deadlines are met, the first test flight It will take place between October and November, and Production will start in 2027 With the first operational units. Images | MBDA | Saab In Xataka | Russia recalled a threat that appears in the war between Iran and Israel: the possibility of a nuclear disaster

Ukraine has turned drones into armed soldiers against Russia. It is no longer necessary to “sacrifice them” because they carry launched

That the war in Ukraine has become the largest field of technologies and war artillery. out of any doubt. However, if you had to name a single protagonist, that would be the use of drones as “animals” of Combat for everything. The Ukrainian country, in fact, has become one of the Great industries of the planet in the sector developing many of the most advanced (and important, economic) prototypes to date. The latest: turn drones into authentic soldiers of the future holding launched in flight. Aerreo launches. As we said, Ukraine has reached a new mile With a launchersuch and As he revealed The Ukrainian company Wild Hornets, specialized in military technology. The images, disseminated by the company itself in Your telegram channelThey show what they describe as the “exclusive death” of a Russian soldier reached by one of these devices on the Novopavlivka front. The attack was carried out by the Bulava Unit of the separate presidential brigade, and they did it by adapting their drone “Queen of Hornets”(A heavy model usually designed for bombings) to carry and shoot a precision grooved from the air. The operation, in addition to having tactical success, served as proof of concept and exhibition of the modified design, whose stability when triggering resolved one of the main technical obstacles: the recoil. Mortal precision. After the videos and the exclusive, Diego RodríguezRecognition drone operator in the body of unmanned systems, He expressed his astonishment Because this technology has not been implemented before, underlining its technical superiority against Kamikaze drones. In the expert’s opinion, the throws from drones allow faster, accurate and silent attacks, since Granada rounds fly faster and more reaching, reducing the enemy’s reaction margin and exposure to electronic countermeasures. The reason? The drone can shoot, retreat and recharge, multiplying its usefulness Without losing unity In the attack. Faced with the traditional explosive drones that emit noise and give the enemy time to protect themselves, the granades projected from the air arrive almost instantaneously, making them impossible to dodge them. Without anticipation. Another expert, in this case Vadym Feshchenkoex grenadier converted in drone operator, stressed that this innovation completely alters the defensive habits of the enemy. Russian troops have learned to observe the movements of drones to anticipate when they will release their explosive load, but a drone that shoots in full flight eliminates that reaction window. Feshchenko also highlighted the weapons versatility employee, pointing out that some modern launch projectiles have the capacity to drill up to seven centimeters of armorwhich expands its applicability against fortified vehicles and positions. As these systems multiply, it is likely that the simple sound of a drone forces enemy soldiers to retire or hide, increasing the psychological and tactical impact of the device, also as a deterrence In full fray. From standard prototype. That said, what we see is an evolution. In September 2024 already Videos circulated of tests where Ukrainian FPV drones carried RPG-18 launches. While then rudimentary prototypes were considered, their possibilities were already evident. As counted in Ukrainian media, a collateral advantage of this system is Risk decrease For technicians and engineers who must manually assemble kamikaze drones, exposing themselves to injuries that are rarely made public. In this regard, the partial automation that allows an armed and reusable drone represents a step forward in terms of operational security. Adaptive Engineering They remembered in Insider That although the first use in combat has been attributed to Ukraine, the idea of ​​mounting launched in drones had already been proposed in 2021 through the Display Belarusian Design Cabinet during a Russian military exhibition. The most complex technical challenge was drone stability When shooting, since most quadcopters are too light to support the backward. However, The “Queen of Hornets”due to its size and reinforced design, it seems to have resolved this obstacle: in the Video widespreadno instability is observed after the shot. In parallel, Ukrainian engineers have managed to convert even agricultural drones such as the DJI AGRAS T30 (originally designed for fumigation) on attack platforms, equipping them with PKM machine guns and launched Bullspike-Atcapable of attacking tanks, self -propelled artillery and fortified positions. A radical transformation. As we told at the beginning, the war in Ukraine is changing many of the war concepts that were in the battles of the past. But above any other actor, the introduction Drone successnow even shooting grenades from airmarks a before and after in the development of the technological war. While traditional artillery and heavy weapons continue to play an important role, the miniaturization of fire power and its integration into reusable and precise drones represents a strategic advance that combines efficiency, lethality and operational economy. The question now is not whether this technology will be extended, but rather how fast Ukraine can produce it in mass and how Russia will respond to a threat that becomes increasingly silent, unpredictable and difficult to stop. Image | Army Inform In Xataka | The last and surprising tactic of Ukraine to avoid the Russian drones: hide their tanks and artillery underground In Xataka | The last tactic of Ukraine is a drone that seeks to catch him. When Russia opens it displays its threat: a virus

The great drama of private employment in Spain: almost everyone would sacrifice him for being an official

The data reveals the Last study ‘Status of discomfort: the labor turn to the public sector ‘prepared by Oppositatest leaves a photograph of the current state of the employment of the private sector in Spain: seven out of ten Spaniards would leave a stable job in the private sector for a fixed position in the public sector. Public employment is gaining land as the preferred option in an increasingly challenging labor market. The Stability searchbetter working conditions and a more favorable environment for reconcile personal and professional life It is promoting this transition to the private sector. Public employment: a refuge value. The portal dedicated to the formation of opponents conducts an annual study of the situation of the opponent. On this occasion, the report has been based on 2,000 representative interviews at the national level that show that the public sector is consolidated as the labor alternative preferred by the Spaniards. 68% of men and 72% of women would abandon stable job in the private sector to access a place in the public sector. Details about this decision reveal that 30% of public sector employees have had more than ten contracts in the private sector in their working life before presenting an opposition, compared to 15% of private sector workers. The data on working life in the sector could be an indicative that the public sector has become a refuge value against the excesses suffered for those employees during their stage in the private sector. In Xataka Some researchers have analyzed the working day in Spain: the same thing that 40 years ago is worked, but in worse jobs An increasingly attractive option. According to the study, one in two Spaniards considers that today opposing is a more attractive job option than it was a decade ago, evidencing a significant change in the perception of the public sector against the private. This statement takes on special strength in the age strip of between 18 and 24 years with 54% who thinks and between 25 and 34 years with 52%. In addition, this trend is more marked in some autonomous communities. In the Basque Country and Murcia, about 80% of workers would be willing to change the public sector, while in Madrid this figure descends to 57%. This regional contrast reflects differences, economic, labor and social that influence the perception of public and private employment. The key: salaries. The stability offered by public employment is one of the key factors that drives this preference. The data suggest that 44% of Spaniards would change the public sector Looking for better salariesespecially those of the age strip between 25 and 34 years, which amounts to 46%. The data support them, since according to A report From the Bank of Spain, salaries in the public sector exceed 24.97% to those of the private sector, exceeding the European average that marks an 8% gap between the salaries of the public and private sector. In addition, according to data from the Active Population Surveyfour out of ten Spaniards do not charge the overtime worked, which deepens the problem. In Xataka A painful comparison: what a computer engineer charges in Spain against what their counterparts in Europe charge Conciliation and job stability. Another factors that are subtracting competitiveness from the private sector in front of the public sector are labor conciliation and stability measures. 89% of respondents affirm that the public sector offers better labor conciliation measures and reduction of working hours, in which a progressive hardening of return policies to the office and Reduction of teleworking options. In addition, 40% of young people aged 18 to 24 see in the public sector a labor guarantee that It would allow them to become independent With stability that they have not found in the private sector, while 37% suggest that the public sector allows them to consider a family. On the other hand, 50% of the strip of between 44 and 55 years highlights its preference for the public sector as a way to access better retirement that would obtain it in the private sector, due to higher salary bases. {“Videid”: “X919SE0”, “Autoplay”: False, “Title”: “The AI ​​and the future of our work Silvia Rivela | 100 years, 100 visions Ep.3”, “Tag”: “”, “Duration”: “2630”} A touch of alert to the private sector. The public sector has accelerated its Post of call for new places public in forecast of the Aging of its template of officials, that He will retire at a rate of 100,000 officials a year in the next ten years. With this massive demand, the private sector runs the risk of lose the best talent for not offering adequate working and salary conditions to offer greater stability. With this scenario, structural change is not only an option, but a need to balance forces and build a more sustainable and competitive labor market in the future. In Xataka | The public sector as a refuge for employees undervalued by private companies: 45% of opponents already have a job In Xataka | The four -day week is unfeasible for many companies. An alternative: work less hours, no less days Image | Pickpik (Function () {Window._js_modules = Window._js_modules || {}; var headelement = document.getelegsbytagname (‘head’) (0); if (_js_modules.instagram) {var instagramscript = Document.Createlement (‘script’); }}) (); – The news The great drama of private employment in Spain: almost everyone would sacrifice him for being an official It was originally posted in Xataka by Rubén Andrés .

They have convinced us that thin mobiles have to sacrifice drums. It is half truth

The thinness of the smarpthone begins to be an issue. We don’t know why, but it is. Samsung has as your family’s star Samsung Galaxy S25 A mysterious Galaxy S25 Edge Ultradelgado. Oppo has obsessed with this data to improve the design of your Find N5and the strongest rumor on mobile technology by 2025 is the next iPhone 17 Aira model that will supposedly stand out for its data of thinness. Manufacturing a specially thin mobile usually comes from the hand of a usual problem: the battery is usually quite just. The Chinese manufacturer Tecno has shown that this does not have to be so and that, technically, it is possible to manufacture an extremely thin phone with a level battery. Tecno Spark Slim. Do not look for this phone on the Tecno website, because it is not on sale. The Spark Slim is the thinnest mobile in the world (at least, right now), with a thickness of only 5.75mm. It is almost half of what the most top phones usually have (which are around 8mm) and, all this, without sacrificing battery. Its battery is 5,200mah, a battery even larger than we find on much thicker phones. In addition, the weight is also a record: Tecno has been achieved by a figure of only 140 grams. We do not know its processor, although the company tells us that it has not yet been presented. The screen is of no less than 6.78 inches, amoled and with a 4,500 nits peak shine, so we are not facing a reduced SPECS phone. The key… and the sacrifices. Tecno has not relieved images of the internal construction of his Spark Slim, but it does give a curious fact: his battery has a thickness of only 4mm. A record has been achieved, introducing a much larger battery than usual is an extremely thin phone. Although we have not been able to try it thoroughly, achieving something like this always has costs. Otherwise, all manufacturers would follow this path. If we look at the camera module, it can be seen that the sensors seem quite small. It is inevitable: if the vast majority of the body is drums, there is not too much space for large sensors. To achieve this thickness, it is also difficult to add elements such as steam cameras, large speakers, or other elements that enrich hardware. Despite this, it seems clear that any user needs: a great battery, a processor, and a couple of cameras. An inevitable trend. Achieving extreme thinness is a trend. The great manufacturers (OPPO, Samsung and expected Apple) begin to a race whose purpose we do not know, and whose future sales will reveal the unknown: whether to fight for thinness really revives demand, or if it is a race without too much sense. Image | Xataka In Xataka | Perhaps the time has come to sacrifice some thinness in mobile phones in exchange for winning in autonomy

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