Valley

There is an Italian technology giant that is enriched buying the corpses of Silicon Valley at the price of bargain and then relive them

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Vimeo He has just announced Its acquisition by the Italian conglomerate Bending Spoons, which will pay $ 1,380 million for it. A priori the operation seems totally normal, but it is not at all: it is the last of the acquisitions of a company that has become a unique “technological vulture”. One that, yes, seems to be managing to reimprorate the businesses you acquire. The numbers. Vimeo investors will receive $ 7.85 per share, which represents a price of 91% higher than the average value of the share in the last 60 days. The purchase process will be completed in the fourth quarter of 2025 and the payment of these amounts will be made completely in cash. They already tried. As they point out in Bloomberg, Bending Spoon has been raising an acquisition of Vimeo since March 2024. The Italian conglomerate, which he received A financing round That raised its valuation to 2.6 billion dollars, since then sought new acquisitions, and Vimeo was a clear objective. Evolution of the value of Vimeo’s actions in Nasdaq. Source: Google Finance YouTube was too youtube. Vimeo created in 2004, tried to stand out as a Premium video platform, but after several innovation and focus change milestones became a B2B service company for video. During pandemia He added 30 million new membersand that ended up in 2021 to go over. Profitability problems caused personnel cuts, and stock assessment ended up falling drastically. Vimeo has been living a difficult situation for the last years and without getting up. And that is just what blessing spoons has taken advantage of … because it is what it usually does. The Evernote case. What happened with Vimeo happened before with Evernote. The one that in the early last decade It was the notes and productivity app par excellence He ended up falling little by little for oblivion and losing ground in front of competitors such as Notion, Onenote or Obsidian. In November 2022 Evernote It was acquired by Bending Spoons And then what happened happened. After the purchase, layoffs and price uploads of the service. After the acquisition, Bending Spoons He fired most of the original team and transferred the headquarters to Europe. Then a strong price increase was implemented, and the personal plan rose 63% prices while the free version imposed more restrictive limits to use the platform. Source: Bloomberg But also, business resurrection and service. Although many left the platform, Evernote returned to profitability and revenues became 162 million dollars in 2022 to 700 million dollars in 2023. The rhythm of improvements and updates also He has revivedand the company seems to have lived a unique rebirth. Wetransfer, another exampleSimilar some also occurred with Wetransfer, which after being founded in 2009 was positioned as a simple transfer leader of large files. After a failed attempt to go over in 2022, Bending Spoons acquired Wetransfer In July 2024 and applied the same formula as with Evernote: dismissed 75% of the template to try to be more efficient. A few months ago the service suffered a great controversy for using user data To train their AI modelsalthough it ended Reculting. The service was relatively healthy before acquisition, and it seems that the operation is also being successful for the platform and, of course, for Bending Spoans. Diversifying successfully. In Bending Spoons they already applied that same strategy with previous acquisitions such as Filmic – of which He fired his entire template– Or Meetup —which too transferred its headquarters to Europe-. One of its most remarkable success is that of Reminia photo editing platform with AI that the Italian conglomerate acquired in 2021 and that it has managed to become a reference in this market, even surpassing in the most unloaded Apps lists from China to Douyin, its rival of Tiktok. In Xataka | An Italian winery installed solar panels on its vineyards and discovered something unexpected: they improve the quality of wine

With only two electric cars, Xiaomi is getting out of the “Valley of Death.” Others cost more than a decade

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The Xiaomi Su7 has surprised the entire industry And he has led the company to do such rare things as telling its customers in a hurry that buy cars from competition. The play hides a strategy, but it is a great example of how good it goes to the company with its second car and bets on luxury, The Yu7. While they hope to make the leap to Europe in 2027, he has achieved kneel. Lost 800 million In his first year he sold cars. Great news that already pointed to what was coming later: the Break Even When losing $ 500 per car sold is good news. Xiaomi has presented the Financial Results of the Second Fiscal Quarterwith great news for your car section. The Auto Division has commercialized 81,302 vehicles in the period and lost 41 million dollars. It is a loss of $ 507 for each car sold. It is very good news for the speed at which the company is approaching profitability. The photo. In the last quarters, Xiaomi comes from losing, on average, 1,376, 905 and 507 dollars respectively, after coming from losses of 5,250 in the third quarter of 2024. That is, it now loses a tenth of what I lost until November. And it is not the only positive figure that the results bring along with sales growth: the gross margin has grown from 15.4% of the second quarter of 2024 to 26.4% of this year. This contributes to having launched the Su7 ultrawhose launch has helped the average sale price up 10% in one year. With him they wanted to eat Porsche in his field, And they got it. According to its financial results, Xiaomi is very close to starting to earn money with its car section. Why it is important. Tesla is the only pure manufacturers of electric cars that He has managed to get out of the “Death Valley” the initial period in which Startups They burn money to espuertas without hardly generating money. Brands such as Rivian, Lucid, or Ford (in their electric division) have accumulated losses exceeding 22,200, 11,000 and 10,500 million dollars respectively. That Xiaomi only loses 41 million dollars per quarter with such competitive prices speaks of the balance that has its commitment just over a year after having launched. How are they getting it. Not all companies have The support that Xiaomi has had In his car crossing. In this sense, according to Bill Russo, CEO and founder of Automobility, a determining factor of Xiaomi’s success has to do with its production agility, which has benefited widely from producing with Beijing Auto, a state company that already had a huge production scale before the arrival of Xiaomi. The company was able to access a production chain already components of high quality already available in the market thanks to investments made by the matrix and its founder for years in companies such as companies such as Momenta. Another of the keys, according to John Helveston, a professor specialized in the Chinese electric vehicles industry: it is an achievement to manufacture an electric in such a short time, but attention must be paid to evolution. “The car industry is hard and success is measured in years of resistance, not in the speed of the first launch,” he told us. Xiaomi has passed in a year of being present in 30 cities with 87 stores to be in 92 with 335 stores. Image: Xiaomi. Xiaomi had a long way carved. Yes, even being new in the electric car sector. On the one hand, although you can buy online cars, by its already extensive distribution network In China: 335 sales centers in 92 cities, and growing at a dizzying pace. It is no longer the company we met for selling extremely cheap technology. Although it maintains a part of that bet, in recent years too He has focused on the premium with the support of luxury brands such as Leica. It is much more path of of some brands when arriving in Spain. The challenge. Among such good news, Xiaomi faces a problem: long waiting times and limited calendar. This explains that in China, the Su7 be the king of resalecosting more than new and with up to 10 months of waiting. To a limited production they also faced for years fAbricante as Teslaand Xiaomi has the best example of how to grow. In 2024 he achieved sell 4 million vehicles (In front of the 350,000 that Xiaomi hopes to sell this year). Xiaomi has a plan factor growth for his future cars and be able to face international expansion. It will be a crucial moment, for example companies like Novo Nordisk knows well: the problems for Ozempic in the United States began When they could not deal with demand. Cover image | Xiaomi In Xataka | Intel is closer than ever to be chopped. A giant is interested in buying its chips factories

Silicon Valley prefers to buy herself rather than invest in the future

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Great American technology They swim in money in cash but to a large extent they are preferring to spend it repurchase their own actions rather than invest. How the mechanism works. A shares is simple: the company uses its cash to buy its own market shares and withdraws them. If a company has 1,000 million shares and repurchase 100 million, there are 900 million. The trick is in arithmetic. If the benefits are the same but there are fewer actions, the benefit per action Go up. A company that earned 10,000 million with 1,000 million shares showed 10 dollars of benefit per share. With 900 million shows $ 11.11. The metric goes up even if the company has not improved at all. Executives charge on actions on actions. Your compensation increases. The funds see the value of their portfolios without waiting for years to mature real investments. The company avoids the risk of investing in projects that can fail .. It is capitalism without capitalism: financial returns without real value creation. Why is it important. The further reason towards the tendency to an increasing repurchase of actions can be inferred: fear. The American political climate has become especially complex for large industrial investments. Bureaucracy, regulations. It is safer to return money to shareholders than to risk building something real. Meta tried to expand his campus in Menlo Park next to a plan to create affordable homes and He crashed into years of bureaucracy. The project has been in pause for some time. Amazon He left his plan to open a second headquarters in New York for the strong political protests that unleashed his announcement. Intel has been trying to open factories. And seeing how China ends them in a couple of years. The financial refuge. Act repurchases have become the bunker where technological ones hide their cash. In 2025 They will exceed the billion dollarshistorical record. Warren Buffett himself, nothing suspicious of anti -capitalist, has once said that Many repurchases are “stupid”. Explained that they benefit more than paid executives in Stock Options (Actions options) than long -term shareholders. The context. The repurchases They were illegal in the United States until 1982when under the presidency of Ronald Reagan they were authorized. Until then they considered a form of market manipulation. They are now the main way to give back shareholders. They exceed traditional dividends. A Study of the Roosevelt Institute of 2018 He showed that S&P 500 companies then spent 94% of their benefits on repurchases and dividends, leaving barely margin for productive investment. And now what. In the United States, some Democratic senators proposed a couple of years ago a 4% tax on repurchase programs to discourage them. What came from the hand of Biden It was 1% that has not had a great effect. For Europe, which depends technologically on the United States, this trend is worrying. If Silicon Valley prefers financial engineering to real, vulnerability against Chinese advance increases. In Xataka | The agreement with the US seemed to pave the way to Nvidia in China. Now is the Asian giant who begins to close the door Outstanding image | Roberto Júnior

Something is happening in Silicon Valley. More and more startups are going to the day ‘996’ of China

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“If you want to leave at 5 you are not at the right work.” Lucy Guo said it, Founder of the Startup Scale AI. And it is not the only one. More and more Silicon Valley startups, especially those dedicated to AI, which are betting on this “extreme commitment” model that reminds us of the endless 996 Conference that were so controversial in China. What is happening? New culture. The culture of ultra-productivity defended by figures like Elon Musk It has been installed in Silicon Valley. In statements a WiredAdrian Kinnersley, CEO of a hiring company, says that “it is becoming very common. We have several clients who have as a prerequisite when selecting candidates who are willing to work on days 996”. Hysteria. In California, labor legislation is very favorable for workers and Kinnersley is surprised that many companies are “breastfeeding it.” It is one of the consequences of the AI career. Not only is there a great competition between China and the United StatesSilicon Valley has become the battlefield where small startups fight for being number one in his. The price: squeeze your workers. What was given was over. Not long ago, working in Silicon Valley was a dream for many. Companies like Google were known for offering gyms, coffee shops and even masseuses. All kinds of comfort for that employees felt at home. That is over. With the return to the offices after the pandemic, The dream began to fade. The tortilla has turned around. Today it is common for any startup to ask its employees to make marathon days and even work on weekends. Extreme commitment. It is another way of saying that you will not go through home much. We recently talked about the young CEO of Greptile and his controversial statements. “We do not offer conciliation”he said in Your X profile. The CEO says it directly in the work interviews: they work from 9 in the morning until late at night and, often, also on Saturdays. It looks a lot like China 996: from nine to nine, six days a week. The excuse: be competitive. In an interview, this CEO said that “nobody cares about the third best company, not even the second best, in any software category. If you are going to strive 95%, it is the equivalent of striving to 0%.” There are arranged people. In Spain we have attended the opposite in the hospitality sector: The waiters rebelled against the 12 -hour days, to the point that there was no labor. In Silicon Valley it seems that there are enough people willing to work 996. In Rilla, another AI startup, they say that 80% of their employees are working 72 hours a week. Even They put it in their job offers And they are not having problems hiring. His CEO says that there is “a very strong and growing subculture, especially in my generation (the Gene z), who grew up listening to stories by Steve Jobs and Bill Gates, entrepreneurs who dedicated their lives to create companies that changed the world. ” 996 in China. The 996 day became popular in China among Chinese technology last decade. This model was the growth engine of companies such as Alibaba or JD.com for years, but there came a point where The workers were fed up and The protests began demanding better working conditions. The Chinese government ended up prohibiting The endless days and went from 996 to 1065 (from 10 in the morning to 6 in the afternoon, five days a week). Temporary and only for those who want. There are startups that defend a slightly more moderate hyper-productive culture. The CEO of Sotiraa startup that applies AI solutions to the logistics sector, sees it as something temporary: “During the first two years of your startup, you have to work in the 996 style.” He also states that these days are for the leaders of the companies and does not believe that the entire employee base must be imposed. This vision creates a kind of structure on two levels, where only a part of the company meets these schedules. It is what the CEO of the “Telesalud” Fella & Delilah company proposed to its employees in a Publication in your LinkedIn. Employees who adhere to this schedule will receive a 25% increase in their salary. Image |Ron Lach, Pexels In Xataka | Work tired, stress and generates burnout. There is a way to reduce all that impact: the four -day week

The ‘Sohamgate’ has highlighted the recruitment of Silicon Valley

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Silicon Valley may seem like an ecosystem of companies in which, more or less, everyone knows each other, and engineers They jump from company in company as in an exchange of chromos. However, a simple message in X has uncovered the case of Soham Parekh, an Indian engineer who, according to several startup founders, would have been working on several startups dedicated to AI. Ok, Rubén, what is that strange? Many engineers do. The nuance is that he has done it at all at once cheating its employers and leaving a trail of doubts about whether I really had those skills. A message raised the hare. It all started when Suhail Doshi, co -founder and former CEO of Mixpanel, published A message in x warning about this case: “There is a man named Soham Parekh (in India) who works simultaneously in three or four startups. He has been taking advantage of companies of and combinator and others. Be careful,” wrote the founder. Doshi explained that Parekh had been working briefly in his company, Playground AI, but was fired in his first week after his deception was discovered. The surprise is that, following that publication, at least five CEOs and founders of other startups have confirmed that they had also hired Parekh during that time. “It has been doing this for years and works in more than four startups at the same time,” confirmed Nicolai Ouporov, CEO of Fleet AI. Soham Parekh’s method. Beyond being an example of how to overcome selection processes and have Success in work interviewshe modus operandi from Parekh took advantage of the remote job offers of the startups to sign for them. The problem is that he signed for all at once and did not stop presenting all the New offers They were dating. Thus, when a company discovered and said goodbye, it began in a new one. In other words, Parekh’s main job was not to work for the startups that hired him, but to do the interviews for which they were going to hire him. Far from subtracting merits, thanks to his technical and communication skills, Parekh achieved impress recruiters In online interviews. “The guy was so intelligent when I interviewed him that it was crazy. Something did not square, so luckily I didn’t hire him, but fuck …” I wrote Justin Harvey, co -founder of Aivideo. Another founder, Adish Jain, founder of the AI ​​agents company for Mosaic video editing, He joined To the wave of confirmations: “I confirm it. This guy made us waste time for a month. He did very well in the interviews, but he is a liar.” Touch the image to go to the original message An impeccable curriculum … to be false. Parekh’s curriculum shows that he had worked for companies such as Dynamo AI, Union AI, Synthesia and Alan AI, in addition to having a degree at the University of Mumbai and a master’s degree at the Georgia Institute of Technology. However, after a more detailed examination, Doshi says that “90 % of its curriculum seems false and most of the links no longer work,” public attaching a capture of the Parekh curriculum. Some of the founders who claimed to have hired Parekh They started publishing the emails that the engineer had sent them as a presentation letter. To anyone’s surprise, they all followed the same employer and only changed the name of the company or the person to whom it was directed. Parekh seams. Despite the curious of the phenomenon #sohamgate that has already become viral, what has really exposed are the seams of some ineffective recruitment processes and even negligent for not checking the curriculum or references of the candidate. “They should pay you to expose their failed contracting processes,” I wrote A software engineer. In this case, in Parekh’s deception has been discovered because a good part of the startups in which “worked” belonged to the environment of And combinatorthe startup incubator that for years Sam Altman directed. But it would have been unnoticed if it had not focused on an environment as close as this business accelerator. The ethical dilemma. Another issue that Sohamgate has put on the table is articulated on the ethics of working in two companies at the same time when both jobs develop remotely. It is not a new theme, since the teleworking became common, they have given themselves hundreds of cases in which workers took advantage of this model to distribute their time between the two jobs. Yegor Denisov-Blanch, Researcher at Standfordassured that his research team has access to a private database of more than 100,000 engineers who work for more than 1,000 companies. That represents 0.5% of developers around the world. “Within this ‘little’ shows, we usually find engineers who work in 2 or more jobs”, I wrote In X. According to Denisov-Blanch calculations, more than 5% of the engineers would have More than a remote job. In Xataka | Pluriempleo in Spain: 15% of workers need more than one job to cover their basic needs Image | Unspash (Mohammad Rahmani)

His salaries already exceed 2 million dollars in Silicon Valley

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There is a whole fierce battle in the giants tech by take to the best talents to innovate in the field of artificial intelligence. And given the high competition that is being lived, the salary scale in the technological sector is more rising than ever. The salaries of scientists and engineers of AI They have reached stratospheric figureswith salary incentives ranging from 3 to 7 million dollars annually for senior profiles. An unprecedented escalation that is turning these professionals In authentic financial assets. What’s happening. Great technological ones such as Meta and OpenAi are starring a war of talent without barracks. The salaries of your Top researchers have risen 50% since 2022reaching 10 million annually in exceptional cases. To put it in perspective: a traditional software engineer in a large company charges between 180,000 and 220,000 base salary dollars in the United States, while an AI scientist can reach 2 million. According to the Specialized Salary Portal LevelsMeta is one of the companies that are paying the most to its AI engineers, climbing from 186,000 dollars to 3.2 million. Until recently, it was not usual in Tech companies for positions that were not managers or investors. The trigger. Mark Zuckerberg has been the great catalyst of this escalation. According to Sam Altman, CEO of OpenAI, Goal is offering bonds of up to 100 million dollars to the most prominent engineers in the sector. The strategy responds to The disappointing flame reception 4which has not finished meeting expectations in Benchmarks of reasoning and programming. Eleven of the fourteen researchers of the flame team They have abandoned goalseveral course to the French Mistral. Openai’s response. The company responsible for Chatgpt has not remained still. Its research director, Mark Chen, sent an internal memo Comparing personnel exits with “as if someone had broken into our home and had stolen something.” Openai gave his workforce to “rest and recharge energy”, while Chen and Altman work “24 hours” to retain talent and “recalibrate” salary packages. Beyond money. Paradoxically, the sector’s torses say that many researchers prioritize the reputation of the equipment and the quality of work above astronomical figures. “There is always a risk: if you finish in the finish line, you may not do the level of work you would do in Deepmind, OpenAi or Anthropic,” Explain Firas Sozan, CEO of the consultant Harrison Clarke. The domino effect. This salary inflation is pushing some companies to look for alternatives. Startups such as Hugging Face are moving their search for talent to Europe, where in our continent, “with a Silicon Valley software engineer you can hire three or four of the same level,” according to Thomas Wolf, co -founder of the company. Sectors such as insurance, entertainment and financial services are also uploading their offers to compete for this top -level talent. Why does it matter. IA researchers have become the new players of the technological world, with millionaire signings that reflect the strategic value that companies grant to artificial intelligence. One of the most recent cases is that of the young man Alexandr Wangthe new AI star who will be responsible for directing the Meta Labs SuperintenTintentintentintelligence Labs. The Zuckerberg company has paid $ 14.3 billion per Scale AI, a platform that serves as preparing language models and was founded by Wang and Lucy Guo. They are superstar, and are the minds that will shape the future of AI. Cover image | Reuters and UNCAPPED In Xataka | How to use Gemini to summarize YouTube videos or ask questions about its Android content

Silicon Valley millionaires want to lift their own Neom. They have an ace in the sleeve to convince Greenland

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In the list of projects that sought to create self -sufficient enclaves outside the State there are several examples. We have the Failed project north of San Francisco, Prosperous in Honduras or the Seasoning attempts In international waters. Also hyperbolic projects on the way, Like Neomall ideas that have shared a common vision: experiment with radical economic models and alternative governance, backed by millionaire capital and an almost ideological faith in without restrictions, although few have passed the prototype. Greenland looks like the next stop. Silicon Valley and “freedom.” We tell it A few months ago: the Trump administration has reactivated its ambition to acquire Greenland, but not only as a goal strategic and geopoliticalbut also as a scenario for an initiative promoted by technological billionaires. We talk about the creation of a high -tech libertarian city, known as “Freedom City”. Inspired by ideals of extreme and free market deregulation, this vision contemplates a self -sufficient enclave dedicated to the development of artificial intelligence, autonomous vehicles, space releases, nuclear microreactors and high -speed trains. According to Reuters revealedthe plan has already been discussed in private among investors such as Peter Thiel, Marc Andreessen and Shervin Pishevar, all with a history of similar projects, and has the explicit interest of Ken Howery, former ambassador to Denmark and key figure in negotiations for the possible annexation or purchase of the island. Howery, close to Trump and Elon Musk, has expressed Enthusiasm for potential Of cultural and geographical synergies between Taiwan, the United States and Japan, and although he refused to comment on the plans, several medium sources say that their role would be crucial to advance the idea. All roads lead to Greenland. The choice of the island is not accidental. Three times bigger than Texas but with Just 57,000 inhabitantsthe island has vast strategic mineral reserves, including rare earths, and houses an American military base that gives it a huge geopolitical value in the Arctic. Trump has publicly insisted that “We must have Greenland” and has not ruled out take it by force If Denmark refuses to sell it. In fact, his vice president, JD Vance, recently visited the military base with his wife, which It generated protests of the local population and harsh criticism of the new Prime Minister of Greenland, Jens-Frederik Nielsen, who considered the visit as a disrespect to the sovereignty of the island. During the same, Vance accused Denmark of not properly protecting the territory of alleged Russian and Chinese incursions, although he did not contribute concrete details. Meanwhile, the Danish government declined to comment on the rumors of a technological city funded by American private capital. A new doctrine. The proposal to build a libertarian citizen in Greenland reflects a broader ideological movement among businessmen from Silicon Valley, which for years promotes the called “Startup Cities” or “Charter Cities”: urban enclaves with minimal state intervention, designed to promote innovation and self -sufficiency. We already count The Prospera caseand now, inspired by the philosophy of “manifest destination”From the nineteenth century, its defenders see in Greenland the opportunity to open a new border for the American Expansion and Domain experiment, this time in technological key. SHERVIN PISHAR He described the initiative as “the dawn of a new manifest destination”, while Dryden Brown, co -founder of the Praxis projectargues that Greenland is the ideal place to build a prototype city that serves as a general essay for future human colonies on Mars, in line with Elon Musk’s interplanetary dreams. Brown even traveled to Greenland and has assured that other companies have raised him collaborate at the Foundation of that city. In an X publication, wrote: “We must build a prototype of Terminus on Earth before leaving towards Mars. Greenland is that place.” Investors and power networks. The impulse behind this ambitious proposal comes from a consolidated group of technological investors, many of them linked to each other through previous projects. Thiel, Andreessen and Pishevar have invested in Pronomos capitala firm dedicated to financing experimental cities in countries willing to offer special regulatory conditions. One of his main advisors, Patri Friedman (grandson of economist Milton Friedman) has confirmed that several of their projects are in the negotiation phase with governments and that one, Prosperousalready operates in Honduras under a similar model (although with rather terrible results). In addition, Praxis, backed by figures such as Joe Lonsdale and Sam Altman’s background, has raised More than 500 million of dollars to develop a new city, and could channel part of that capital towards Greenland. While Thiel denied being involved in specific plans for the Island and Musk has not commented on this, the connections between these actors and their historical interest in technological secession projects reinforce the credibility of the initiative. What they offer to the locals. Unlike the Trump rhetoricthese billionaire investors have an ace in the sleeve to convince the people of the island, one where the exploitation would make the enclave A unique space. During a hearing before the Senate Commerce, Science and Transportation Committee, experts argued that the Costa de Greenland houses one of the highest critical mineral concentrations in the world, many of them previously inaccessible because it is under thick layers of ice, but that they could become exploitable due to the melting caused by climate change and the development of new mining techniques. There is more, of course. For project drivers, Greenland is not only a geopolitical opportunity, but also an ideal platform to experiment with advanced technologies and urban models of the future. Technological investors that promote the creation of a Freedom City offer the local population an accelerated economic development vision, based on the Job promisewealth and technological opportunities in an environment of minimal regulation. They also raise the territory into a Global Innovation Center With high -value industries such as AI, clean nuclear energy, advanced transport and space exploration, which would imply massive massive investment and modern infrastructure. In addition, some actors close to the Trump administration have suggested to replace … Read more

Jay Graber’s story, the CEO that is breaking the silicon valley mold

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When Jay Graber went up to the stage of Techcrunch In December 2024his message was overwhelming: Bluesky It is built “billionaire proof”. “The armor is in the design,” he said. “If someone bought Bluesky or broke, everything is open source. What happened to Twitter could not happen to us.” With more than 24 million users after the US elections of 2024, Bluesky has become a serious alternative to X. It is not necessary to exaggerate and say that it is already at its height because it is not even much less, but at least there is one Alternative where there was practically only empty. The story of how to get led this little revolution is singular and contextualize your vision of social networks. The origins Born in 1991 in Tulsa, according to Forbeshis mother – a acupunturist who fled from the Chinese cultural revolution – gave him the second name “Lantian” (蓝天), “blue sky” in Mandarin. As he revealed Vanity Fairthis name represented a desire for “freedom without limits” for his daughter, born of his own experiences under an oppressive regime. His father, a professor of mathematics of Swiss origin, completed this multicultural environment that would mark his vision of the world. The coincidence with the name of the company that now directs is casual, Jack Dorsy had already baptized the project as “Bluesky” before. However, it seems a something prophetic, especially considering the vision of freedom and openness that Graber would bring to the project. After graduating in science, technology and society from the University of Pennsylvania, where I monde He reports that he co -founded a student time bank, Graber worked as a engineer in Skuchain and in a factory welding Bitcoins mining equipment, before joining ZCASH in 2016. As revealed in Decode, This early experience with decentralized technologies was fundamental: “I have worked a lot of time in decentralized technologies and I have seen its limitations, but I also believe that there are many limitations in centralized systems.” Bluesky’s birth In 2019, while running Happening Inc., she was invited to a group of experts convened by Twitter. “He was one of the experts in a small chat room,” he recalled during An interview in Decode, the podcast of The Verge “I was very excited. At that time I worked in my own social app, and had been building decentralized social protocols, playing with them, doing a lot of research.” In 2021 It was named CEO of Blueskyalready as an independent company. This independence was a key decision that she promoted. As she revealed, “I insisted that we separate as an independent company. If the captain changed or if that support disappeared, it would lose institutional support for Bluesky, and I really wanted this project to exist.” “Jack had a vision of something better for social networks,” he explained to CNBC. “We are building an open source social network that anyone can take and build on it. No one has been so open or put so much control in the hands of users.” In your conversation with DecodeGraber deepened this vision: “We want this to be the last social identity that you will have to createbecause you can move it between applications and services. You can carry your identity, your relationships and your data with you. “ According to data provided by Emily Liu, spokesman for Bluesky, to Newsweekthe platform added five million new users after the 2024 elections, mainly from the United States, Canada and the United Kingdom. This explosive growth, as reveals The country“after the escaped flight of many users of X was intensified, once the news was made public that Elon Musk had been appointed co -director of the Donald Trump government efficiency department. “It is not entirely clear if there was a stampery as such and what magnitude, but that The dates of the rebound of users of Bluesky coincide with the post -electional. Monetization and leadership The challenge is now monetization. In “The Big Interview” of Wired, Graber announced premium subscriptions For high quality and customization videos. The company has raised 36 million dollarsincluding 15 million capital blockchain. And sooner or later he will have to return that money. “We are not going to build an advertisement algorithm that encloses users,” he told CNBC. With Twenty employees and one hundred moderatorsBluesky bets on an alternative model. As explained in depth to Decode, The platform is developing a “componable moderation” system which will allow users and communities to create their own rules and filters. “We think about the ‘bus problem’,” he explained to Forbes. “We have blocked everything so open that we cannot degrade the experience because we have opened the market to entrepreneurs.” This approach reflects The unconventional leadership style of Graber that, according to The country“He communicates directly with users, he is close and accessible. From his personal account, he writes threads explaining tricks to use better bluesky and usually reveals curious data with a sense of humor.” Rose Wang, Bluesky Operations Director, who met Graber in 2018 during a car trip to Lake Tahoe, describes her way of leading: “What does Jay so special is that in addition to being collaborative is a visionary, capable of anticipating ten steps to what is to come. “ The future Investor Mark Cuban told Forbes That Bluesky sees as a “really social” experience, although he made a nuance: his account in X has ten times more followers, a way of throwing a darting to the low penetration of the first against the second. This disparity does not seem to worry about Graber, who in Decode emphasized that the objective It is not to replicate the model of traditional social networks, but to create something radically different. Well. The future is about to be written. As Graber he told Wired: “We are focused on offering a good experience while we climb.” In Decodeexpanded this idea: “We have to show the first people that this vision can work, which is fun, useful, better than the … Read more

It is the greatest existential threat that Silicon Valley has faced

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They have barely spent five days since its launch, but Deepseek R1 has caused An earthquake in markets (-6.5% NVIDIA, -3.5% Microsoft, -8% ASML) that goes beyond its technical efficiency. The true threat to the American industry is in its open nature: Depseek is democratizing technology that Silicon Valley has kept jealously stored after its own walls. Why is it important. The western industry of AI has been built on two pillars that Depseek has just dynamit: The need for multi -million dollar investments in hardware. The extreme secretism about the architecture of its models. The money trail. Wall Street is reacting hard because Depseek directly threatens the dominant business model that has taken us here. Investors ask questions: how to justify projects such as Stargate (and its half billion dollars) If there is an open and efficient alternative? What value intellectual property when your competitors openly publish their advances? Between the lines. The Chinese strategy seems clear: to use the open source as a Trojan horse to destabilize Western domain in AI. It is no coincidence that Depseek has chosen this moment, when: American models show signs of stagnation (where is it GPT-5?). Inversiones in infrastructure are triggered. Business models remain without clarifying. The big question. Several experts have pointed out that we are facing Sputnik moment For AI: when the United States discovered that it did not have the monopoly of advance in the space race. R1 has that magnitude, or do you have to relax expectations about its implications? Perhaps “only” (add all the quotes they want) we are rather at a Linux time: their arrival democratized the operating system starting from open source as a disruptive tool, but the industry continued to thrive. Windows did not disappear, he simply adapted to a new scenario in which open and closed source coexist. The difference is in the rhythm. Linux took years to seriously impact the market. R1 has caused immediate shaking even in stock assets of giants. Perhaps the market understands that AI is too valuable and promising to afford as closed and expensive development as the current one. Whether it is a Sputnik as if it is a Linux, R1 marks a before and after: it shows that the toe can be created more openly and efficiently. Yes, but. There are certain persistent doubts about the real costs of Deepseek. THE CEO OF SCALE AI He has suggested They have more hardware access than they say, but hide it for violating commercial restrictions. Even so, even if their costs were greater, R1 would continue to have a strong impact on the industry to choose the open model for such a powerful model. The time of truth. The American’s industry now has a dilemma: or maintain its current model, based on very high investments and a strong secrecy, risking being displaced by Chinese efficiency … or pivoting towards a greater opening to compete on the board raised by Deepseek . Deepen. The analogy with Sputnik beyond technological surprise. As then, this moment can catalyze a transformation in how technology develops and markets. The difference is that this time disruption does not come from the state apparatus but from the Chinese private sector, and its weapon is not the space race but the open source for AI. China, frequently criticized for its control over information, is using the openness and transparency to stand up to Western technological domain. In Xataka | Two years and 60 million users later: how Luzia has become the greatest success produced by Spain Outstanding image | Deepseek, Xataka with Mockuuuups Studio

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