Spaniard

There is a Spaniard at the top of Silicon Valley. His name is Enrique Lores and he has just become CEO of PayPal

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The Spanish manager Enrique Lores has become the new CEO of PayPal. The company has announced it in his digital press room indicating that he will take office on March 1. This is a unique appointment that consolidates Lores’ career and places him in that select group of CEOs of large technology companies. And that is precisely its mission: to make PayPal really great again. At PayPal they knew him well. In the announcement, PayPal officials highlight that Lores had already been on the board of directors for five years, which makes it clear that the appointment is not entirely a surprise. The Spanish manager replaces Alex Chriss in the position, and for the adaptation stage the company’s current CFO, Jamie Miller, will act as interim CEO. The reason. From PayPal they explain that the signing comes from an evaluation of the business and how the company is in relation to its competition. “While some progress has been made in several areas over the past two years, the pace of change and execution has not lived up to the Board’s expectations. The Board is confident that the appointment of Lores, an executive with more than three decades of experience in technology and commerce, will provide the leadership necessary to lead PayPal into its next stage.” A life at HP. Lores had been CEO of HP Inc. for more than six years, where he led a series of strategic projects. During his tenure the firm has gone beyond PC and printers to expand its services and subscriptions business, in addition to starting the commitment to integration of AI in various business areas in the signature. He was also the main leader of the split between HP and HPE. Lores has spent much of his professional life at HP, where he achieved a leading role as vice president of the imaging and printing division for EMEA in 2001. Since then he has not stopped rising positions, but his time at HP ends now. There he will be replaced as CEO by Bruce Broussard, a member of the board since 2021. Remembering the ‘PayPal mafia’. The story of the founding and early years of PayPal is fascinating and an example of disruption. Among its founders are Elon Musk and Peter Thielbut in that team there were people who have ended up being the germ of a good part of the “internet 2.0”. He famous ‘PayPal Mafia’ phenomenon tells how after the purchase by eBay several members of the original team left the company to create their own projects. And among those projects are YouTube, LinkedIn or Yelp. PayPal continued to grow, without a doubt, but for today’s Internet what happened to it before the eBay purchase was more relevant than what happened after. difficult times. After separating from eBay in July 2015, PayPal carried out some strategic operations such as (the controversy) Honey in 2020. The pandemic caused e-commerce to skyrocket, which benefited it, and in October 2020 the company took a historic turn by allowing the purchase and sale of cryptocurrencies. The end of confinement and the rise in rates caused a stagnation and then a fall in its assets, and competition from Apple Pay or Shopify eroded its market share in the traditional payment button market. An increasingly fragmented market. Apple and Google have managed to impose their payment solutions thanks to their competitive advantage, but PayPal has also been overtaken by Strupe, which won over developers with a cleaner and more flexible API. In Spain, for example, the use of Bizum has cannibalized that of PayPal (the same with Mercado Pago in Latin America) for payments between individuals, and PayPal’s commission structure is complex and does not help to earn money and recover the relevance of the past. Quite a challenge for Enrique Lores. Thus, the Spanish manager faces a truly formidable challenge. PayPal is still a big tech company, but its current market capitalization (39,830 million dollars), even though it is greater than that of HP (17,750) is very far from the true “Big Tech”. In fact it is the company number 620 by market capitalization according to CompaniesMarketCap. It will be interesting to see what measures Lores takes to boost the business of one of Silicon Valley’s legendary companies. In Xataka | The highest paid Spanish manager in the world does not work in a large technology company: he sells “sugar water”

A Spaniard has patented a mast that transforms wind and waves into electricity. His invention challenges diesel in ships

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A mast shaken by the wind, the waves pushing without rest: usual scenes in any maritime journey. The interesting thing is that the same movement can serve to generate electricity. A canary who is one step away from being an engineer has designed a system that converts the strength of the ocean into usable energy, with the ambition to reduce the dependence of the diesel in the ships. It is an idea that takes the everyday of the sea and makes it a concrete technical proposal, simple enough to intrigue and ambitious enough to demand validation in the sea. “In the end it is a three -dimensional generator,” Juan Francisco Sarmiento Medina said in an advance of the Podcast of the Stier Groupand described the mechanism with simple images: “Let’s imagine that my arm is the mast. When the wind comes in front, it clashes, as the mast of a flag, and begins to oscillate. The keel works as a piston of a combustion engine (…) then movement occurs in the x, y y y z axes, all under Faraday’s law,” he explained. That narration of the inventor itself forms the technical spine of the project. What exactly is the e-mast. In its LinkedIn account the project appears as E-MAST (Energy Mast System) and is presented as a technology that transforms the structural vibration of the mast into clean electrical energy. According to the textthe system integrates an encapsulated rotor without exposed parts, linear generators and piezoelectric elements to convert oscillations into electricity, and can direct part of the induced air under the keel in the form of microburbujas. The advantages of the inventor are clear: “Without diesel engines, or maintenance. The owner of the boat, as there are no mechanical parts that have to be maintained with oil or that are broken, also reduces costs in that sense,” He pointed to El Español. The inventor also underlines the operational silence due to the absence of external propellers and the total structural integration into existing masts. These benefits, in any case, will require trials to measure power, autonomy and acoustic signature. Of production patent. The applications of applications published by the author encompasses autonomous marine surveillance, oceanographic research, defense and ecological navigation platforms in protected areas. According to Sarmiento Medina, the e-mast is protected by two patents, ES202430338 and ES202430339, with a favorable report according to the promoter. According to the newspaper La Provinciathe promoter figure around half a million euros international protection and development and has conversations with shipyards in France and the Netherlands to explore production. The sea still has the last word. Sarmiento says that he is a neighbor of Las Palmas de Gran Canaria and recognizes that part of his learning and opportunities come from the Stier Group, which has supported his training. This local support, added to the intellectual protection that it declares in its public profile, has allowed to convert a daily element of any ship at the base of an ambitious technological proposal. Now the most difficult part remains: validate the system in the sea. But the idea has already demonstrated something important: that there is still margin to imagine new things, even in an environment as old as navigation. Images | Juan Francisco Sarmiento Medina In Xataka | A “Roomba” to clean rivers: the ship that the three throats has launched in China

It will be the third Spaniard in the story that crosses the line of karm

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Flying, flying by plane was an option available for very few people, but over time access to heavens was democratized. With space we are far from saying the same, but more and more people can pay to see the land from above. Only Blue Origin, the Jeff Bezos rocket company, has already launched 47 people beyond the Kármán line. And in his next mission he will lead a Spaniard, The famous adventurer Jesús Callejawho has been telling the preparations of his trip in a Amazon Prime Video and Mediaset documentary. The launch. The Blue Origin NS-30 mission It is scheduled for Tuesday, February 25. If there are no delays, the New Shepard rocket will take off at 9:30 in the morning, local Texas time. 16:30 in Spain. There will be a live broadcast on the Blue Origin web and social networks, which will begin 35 minutes before takeoff. The launch will also be broadcast by Telecinco. It will be the tenth manned flight of the New Shepard program, in the thirtieth flight of the program in general. Kárman line? It is the official border of the space, located 100 km above sea level. There is still atmosphere, but it is so fine that it allows us to observe the blackness of the vacuum, the curvature of the earth and everything that the millionaire space fonds want to experience, in addition to microgravity. The concept was introduced by the Hungarian-American engineer and physicist Theodore von Kármán, who calculated that, at that altitude, the atmosphere would be so dimly that a plane would need to reach orbital speeds to generate sufficient aerodynamic support. Therefore, from that altitude, conventional aircraft cannot operate effectively: we enter the field of rockets and spacecraft. The flight plan. On Tuesday, Calleja and five other crew will access the space capsule at the top of the rocket along the launch tower stairs. The New Shepard will turn on its be-3pm liquid hydrogen engine and accelerate until you throw the ship over the Karman line. While the rocket returns to the launch zone to land, the ship will make a free flight of 3-4 minutes in the space, during which the six travelers experience microgravity and enjoy the panoramic views of the earth. Next, the capsule will begin its atmospheric reentry and open the parachutes to land, 11 minutes after takeoff. The crew. Represented in the mission patch with different symbols are the six crew of the Blue Origin NS-30 flight: Jesús Calleja: The third Spanish to fly to space after Michael López Alegría and Pedro Duque. Mountaineer, pilot, adventurer and presenter of television programs such as Planeta Calleja Lane Bess: Inverter and former CEO of Palo Alto Networks. It is the second time that it flies with Blue Origin, he did it for the first time in the NS-19 mission on December 11, 2021 ELAINE HYDE: Founder of the news company Chicago Star and the artificial intelligence company for Eastside Enterprises media. Studied business and physics Richard Scott: Reproductive Endocrinologist, Embriotic, Scientific Researcher and Founder of Ivirma Global, the largest world group of fertility clinics Tushar Shah: Research partner and co -director in a New York Fondode. He studied physics at the MIT and experimental physics of particles for his doctorate also at MIT And a sixth anonymous crew. It is not known how much each seat has cost, but it is estimated that around a million dollars. As for the patch, it includes design proposals of the crew members themselves, especially those of Calleja himself, which is represented by the mountain, such as climber, the plane and the clouds, as a pilot, and the olive tree, for their desire for peace . Image | Prime Video, Blue Origin In Xataka | In a strange turn of events, Jesús Calleja will be the third Spaniard in history to travel to space

In a strange turn of events, Jesús Calleja will be the third Spaniard in history to travel to space

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The television presenter Jesús Calleja will travel to space in a Blue Origin ship, the Jeff Bezos Aerospace Company. Tells it in A new documentary called ‘Calleja in space’which has already released two episodes in Amazon Prime Video waiting for its launch in the New Shepard rocket. The space flight does not yet have an assigned date, but it will be broadcast live in Telecinco. The launch of Jesús Calleja. The famous Spanish adventurer has an assigned seat in a New Shepard mission in Blue Origin. Presumably the NS-30, which although it has not been announced, is the following mission in the calendar. The New Shepard is a 15 -meter high suborbital rocket (18 with the spacecraft in which passengers go). Although he is not able to put the capsule into orbit, it was the first rocket in the world that He managed to demonstrate a propulsive landingwhich has allowed Blue Origin to offer a regular space tourism service for millionaires. How will the flight be. The New Shepard will take off from Texas. Calleja and five other travelers will access the capsule at the top of the rocket along the launch tower stairs. The rocket will take off and accelerate to overcome the Kárman line, the most accepted border between the earth and the outer space, 100 kilometers above sea level. While the rocket returns to the surface to land, the ship separates and makes a parable in space during which travelers experience about three minutes of microgravity and enjoy panoramic views of the earth. Next, the capsule begins its atmospheric reentry and opens the parachutes to land, 11 minutes after takeoff. The third Spanish in space. Once you cross the line of Kárman, Jesús Calleja will become the third Spaniard to have traveled to space. The first two Spaniards to achieve this were: Pedro Duque: As astronaut of ESA in 1998, aboard the discovery space ferry, and 2003, aboard a Soyuz ship Michael López-Elegría: as NASA astronaut in 2000, 2002, 2006 and 2009, and as Axiom private astronaut In 2022 and 2024 Pablo Álvarez, career astronaut in ESA since 2022it has not yet flown to space, but it is planned to do so for a mission of six months before 2030. Sara García, reserve astronaut in ESA of the same promotionit could also be called for a shorter mission, such as those of Axiom. How much has the flight cost. The cost per seat of a New Shepard space tourism mission is confidential and surely varies from customer to customer. That said, there was a specific figure that ended up leaking thanks to a transaction made by crypto. Moundao, an organization to “decentralize access to space”, moved 2.5 million dollars in cryptocurrencies To pay two seats aboard the New Shepard. That is: he paid 1.25 million dollars per seat. The first was used by Coby Cotton, of the YouTube channel ‘Dude Perfect’, on the NS-22 Mission of August 2022. The second, by the cardiologist Eiman Jahangir during the NS-26 mission August 2024. Two points. Most likely, Jesús Calleja has not paid the space flight of his pocket, or ruined along the way to his producer, Zanskar Productions. The documentary is co -produced by Mediaset Spain and It is broadcast in Amazon Prime Video streamingwhere it has other sponsors, such as Generali. Maybe Prime Video has been able to access a lower price than usual for the Calleja seat in exchange for all this advertising, but does not have to. Blue Origin is a private company that is only linked to Amazon for being owned by Jeff Bezos, also the founder of the technological giant. Image | Prime video In Xataka | If the space industry wants to democratize tourism, it must overcome several challenges. Like space smells good

Sabalenka – Badosa, Australian Open semi-finals live | The Spaniard seeks her first Grand Slam final

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Paula Badosa faces Belarusian tennis player Aryna Sabalenka in the semifinals of the Australian Open, the first time that the Spaniard has reached this round in a Grand Slam. The match will begin around 9:30 today, Thursday, January 23, 2025 and will be played on the Rod Laver Arena court.

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