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Openai is already worth half dollars, its employees are selling shares … and the San Francisco Explorado real estate market

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OpenAI has closed a secondary sale of shares of 6,600 million dollars that places its valuation at 500,000 million. In addition to a financial milestone, this is also an earthquake in the San Francisco real estate market, where employees more than two years old are monetizing part of their participations to buy properties. Why is it important. The operation allows current and old workers to sell Equity to investors eager to access the company’s shareholders or increase its presence in it. They are actors like SoftBank, Thrive Capital or MGX of Abu Dhabi. Openai had authorized sales for more than 10,000 million, although it finally only materialized 66% of that amount. A year ago, its valuation was 157,000 million. It rose to 300,000 million in March 2025, and now reaches 500,000 million, surpassing Spacex (456,000 million). The context. San Francisco real estate agents They are seeing something they had not seen before: Buyers who sell shares of private companies to pay tickets of $ 375,000 (the average in certain neighborhoods of the city) or directly buy in cash. Neighborhoods like Hayes Valley (renamed ‘Valley brain‘For the concentration of AI startups), Noe Valley and Mission Bay are receiving direct pressure from these new buyers with a deep pocket. Mechanics. OpenAI and other AI companies remain private (that is, without going to be traded in the stock market) much longer than the technological startups of previous generations. Employees cannot wait years in an IPO to access their paper wealth. So secondary markets, where private shareholders sell to institutional investors, have become the fast road to convert cash actions. Between the lines. This secondary sale fulfills two functions: On the one hand, it is a retention tool in the middle of a brutal war for talent: Goal has signed at least seven OpenAi Top engineers This summer, often with millionaire bonds. On the other, it allows Openai to keep employees happy who could be frustrated by the lack of liquidity, without having to go over or dilute the control. Yes, but. The OpenAI conversion into a profit company It has not been reversed by a final sentence. In March 2025, a federal judge rejected Elon Musk’s request to issue a precautionary measure to block that change, although he allowed several of his claims to proceed to trial. On the other hand, some investment conditions linked fund commitments (for example of softbank) to which OpenAi advanced with its restructuring, so that if certain milestones were not fulfilled, those commitments could be affected. Musk, who co -founded Openai and left the organization in 2018, sued Openai and Altman arguing that they had breached foundational commitments by moving away from his original non -profit mission. The impact. The consequences in San Francisco go beyond buyers with a lot of money: AI companies such as OpenAi, Anthropic and company are causing An increase in housing demand in neighborhoods close to their work. The cycle features: more well -paid employees generate more demand, more pressure on prices, and more need for immediate liquidity to compete in a market where cash offers have an advantage. Real estate professionals point out A change with respect to previous booms technological: Buyers not only have a high heritage, but also have access to immediate liquidity through secondary markets. They sell just enough for entry and closing expenses, and maintain their exposure to the company, but ensure a tangible asset that diversifies their risk. The big question. Is this sustainable? Openai right now is The most valuable startup in the worldbut loses money while competing in an AI infrastructure race that needs almost unlimited money. If the valuation bubble is deflated, thousands of employees with huge mortgages based on overvalued shares could be seen in trouble. At the moment, the secondary market is creating a new class of owners in San Francisco: AI engineers who have turned code into houses without waiting for the Wall Street bell to sound. In Xataka | Openai’s new social network is hilarious and addictive. So much that it is easy to forget what hides behind Outstanding image | Joshua Sortino

Anthropic is worth 183,000 million even though he invoices 5,000 million a year. Or it is the business of the century, or it is the madness of the century

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Anthropic has just closed A financing round of 13,000 million dollars that values ​​it in 183,000 million. The figure sounds like madness when we put it in context: the company invoices 5,000 million a year. The figures. Anthropic is valued 36 times. Google, to compare, quotes 6 times. Apple at 8. Microsoft to 14. They are mature companies in front of a startup, but none remotely approaches this multiple. The round F It has been led by ICONIQ Capital, with Fidelity and Lightspeed as co-investors. Heavyweights such as Blackrock, the sovereign background of Qatar and Ontario Teachers’ Pension Plan have participated. What has happened. In just eight months, Anthropic has multiplied its income by five: from 1,000 million to 5,000 million in August (annualized). It is one of the fastest growth in the history of technology. Claude Codeits programmers tool, generates 500 million in annualized revenues. It has multiplied its use in three months since its complete launch in May. The context. The AI ​​career has become a war of valuations disconnected from classical financial reality. OpenAI negotiates an assessment of 500,000 million. XAI of Musk looks for 75,000 million. Investors are betting Billions to these companies will dominate the future. Anthropic serves 300,000 business clients. Its large accounts (those that pay more than $ 100,000 a year) have multiplied by seven in twelve months. Yes, but. Developing elite AI models is very expensive. Anthropic depends on Amazon and Google for his computational infrastructure, and costs him billions annually. The costs are not going down, they are accelerating. Sam Altman, CEO of Openai, has said that his company will need to invest billions of dollars. The generative AI business remains structurally deficient for almost all participants. Nvidia always wins. Between bambalins. Dario Amodei, CEO of Anthropic, has admitted in An internal memo that is not “excited” to accept money from sovereign funds of dictatorial governments. But says It is difficult to direct a business excluding “bad investors.” The company has promised to use 13,000 million to expand capacity, deepen international security and expansion research. It is also developing specific products by industry. The end of a dream. A few months ago We speculated that Apple could buy Anthropic to accelerate your entry into AI. With an assessment of 183,000 million, that option has been buried: it would be 60 times more expensive than Beats, Apple’s greatest acquisition in its history. Not even Tim Cook (who He was open to check) With 150,000 million in cash available, you can justify such a check before your shareholders. The big question. Are we facing the birth of the new technological giants or the greatest bubble from the Puntocom? With assessments that multiply by 36 income, the margin of error is non -existent. Investors are betting on Anthropic and their rivals will not only dominate AI, but the AI ​​will transform the entire global economy. If they are right, 183,000 million will seem cheap. If they are wrong, it will be a historical disaster. Outstanding image | Anthropic, Xataka In Xataka | People are celebrating funerals by the Ia withdrawn for a reason: they are not a “tool” but a support

Palantir is already worth more than Coca-Cola with the tenth of income. Wall Street has lost its head with AI

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Palantir Technologies has just passed giants such as Samsung, Costco or Coca-Cola, reaching the 411,000 million dollars of stock market capitalization. Why is it important. A company that bills 1,000 million dollars to the quarter is worth more than others that generate ten times greater income. It is the purest manifestation of “Ia washing“What Wall Street consumes. The facts. The data analysis company founded by Peter Thiel in 2003 reported a 48% growth in income to exceed for the first time the 1,000 million quarterly dollars. Their commercial contracts in the United States fired 93%, while the government rose 53%. The benefit grew by 144% to 327 million. In figures. The per (Price to Earnings Ratioprice of the action divided by the benefit of the action) of Palantir reaches 596more than ten times higher than that of Nvidia (57) and almost twenty times Apple’s (31). To justify its current assessment, the company would have to maintain an annual growth of 55% for four consecutive years. Even in that optimistic scenario, it would quote the income of 2029 at 25 times. The context. Wall Street lives a speculative bubble fed by any company that mentions the magical words: ‘artificial intelligence’. Palantir, who for years has been fighting for growing beyond his defense contracts, has reinvented himself as the company that “makes” the AI models in the real world “work. His CEO, Alex Karp, proclamation that “the great language models simply do not work without palantir.” Yes, but. The euphoria hides several problems. The company quotes its future sales to 80 times, a metric that exceeds any historical precedent in the S&P 500. Deutsche Bank, who maintained sale recommendation, admitted that “something special is happening” but recognizes that “the valuation is still very challenging.” It is the same bank as The recommendation has uploaded just not to seem completely out of market reality. Between the lines. Karp used the results conference To attack elite universities and promise that AI will give “super powers” to workers without higher training. A populist speech that fits perfectly with the current political narrative, but that does not justify an assessment that makes Palantir the most overrated company of the most important stock market index in the world. The big question. Can a company that invoice 4,000 million annually the same as Johnson & Johnson, a multinational that generates 85,000 million? Or that Coca-Cola, global icon whose income multiplies by ten? The markets have decided yes, betting that IA will completely transform the economy. Palantir has become the symbol of that bet. With all that that implies when the bubble explodes. Outstanding image | Palantir In Xataka | The seven magnificent face a total war in their own future. And there are three candidates to impose the rest

It is one of the ugliest ferraris and cannot be driven either on street or circuit. And yet it is worth more than one million dollars

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From the Ferrari factory in Maranello some of the most beautiful cars in history have come out. Jewelry like him Ferrari 250 Gto, Rome, Laferrari or the Ferrari Daytona SP3 are some examples of the good taste and exquisiteness that cars bend with the shield of “Il Cavallino Rampante“ However, there are others that, let’s say, that you have to get used to looking at them. This is the case of Ferrari F150 Muletto M4, a prototype that, directly, we can consider as the ugliest car of the brand. One so ugly, which does not even allow you to circulate on public roads or roll in circuits. Ferrari engineers went their hand Such and as they tell in Luxury launches The F150 did not come out of the pencils of no official designer of the brand (at least not one that had the design title), but is a mule: a prototype of tests in which engineers prove and develop the Future brands of the brand. The F150 Muletto M4 was born with a purely functional purpose that was based on the chassis of a Ferrari 458 Italia, adapted to test the New hybrid V12 engines that Ferrari developed at the beginning of the 2010 to boost the future Laferrari. Internal level, Laferrari’s project was known as F150, and hence, being the mule of its engine, this Begindro Prototype received the name of F150 Muletto, in its fourth development. Computer simulations help for much of the development, but when it comes to refining mechanics, it is necessary to touch asphalt. That forced Ferrari’s engineers to put that engine on wheels and take it out in these mules to shoot through the private circuit of Fioran, away from the curious looks. This is how this car, although in appearance, was the protagonist of hundreds of kilometers of trials in secret. The Ferrari engineers approach to this prototype was absolutely practical and, as it is obvious, Aesthetics It was in the background. Rivets throughout the body, a nose that fights against the laws of physics (and good taste) exhaust pipes that stand out from the body and removable panels covering the engine so that engineers could more comfortably access the new propeller to apply changes are the explanation of its disastrous design. Ferrari finished the first phase of Laferrari motor tests between May 2011 and December 2012, so, with the main completed developments, the prototype ceased to be useful. Ferrari thought that instead of discarding it Without further ado it would be a good idea to offer it as rarity to the most faithful fans of the brand. He did it with a single condition: they could never be homologated, so this car could never step on the street Not a public circuit. It is, therefore, a whim for engineering and history enthusiasts. A AUCTION FOR INSOLITO PRICE The F150 Muletto M4 still maintains the original version of that V12 hybrid engine capable of delivering 789 hp, compared to the 963 hp of the final version that ended up promoting the Laferrari de Production. This peculiarity is precisely what gives its historical and experimental value to the prototype, being a key piece in the development of the Ferrari hybrid range. Now, the RM Sotheby’s auction portal will present it On a bid on August 15, testing the fervor of Ferrari collectors for the unique pieces, regardless of their real functionality or appearance … controversial. At least on this occasion, we can say that real beauty is inside. In Xataka | Ferrari had been demanding a toy company for 10 years. Everything for Testarossa to be a car and not a bicycle Image | RM Sotherby’s

This is worth just 2 euros per month

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You just have to take a quick look to the Internet to find several free VPN. There are quality and that can serve us quite well, although as is normal, They have several limitations. If we are looking for the best experience, the best thing we can do is bet on a payment, even more so when we can find several at really attractive prices. Imagine that you are on vacation in a hotel where the coverage is bad. Most likely it counts Free wifi, But these types of networks are not the safest in the world. There can be great a payment vpn such as surfshark, one that has a great value for money: barely costs 2.19 euros a month Surfshark Starter Subscription – Monthly * Some price may have changed from the last review Very easy to use and available on all the devices you want Using a VPN is perfect if, for example, we are going to make some online transaction or we have to access our bank’s app on a Wi -Fi network that we do not know at all. It is a way to encrypt traffic and be much safer online, all for a price than barely exceeds two euros of the month and that it is one of those things that does not occupy just space and that we will appreciate to take installed. Precisely, the installing has a plus with Surfshark. In addition to that it is very easy to download and use on our device, it should be noted that We can carry it in all of us who want. It does not matter if it is a phone, a tablet or a laptop: all with the same account and without the need to do anything weird with our user. This VPN does not come alone. Surfshark’s most economical plan, which is called Starter, includes this and another tool: ALTERNATIVE ID. Imagine that you access a web page and you have to enter your data to register, but you don’t want to put your real information. Precisely for that it serves: it will create a series of fictional data that you can use as if they were yours. This plan, as we have said a little higher, has a price of just 2.19 euros per month. That means that its 2 -year -old plan has a total price of 55.56 euros, a bargain if we take into account that its price without promotion is 439 euros. And eye: because we will also receive 3 months freeso we will have 27 months instead of 24. Some of the links of this article are affiliated and can report a benefit to Xataka. In case of non -availability, offers may vary. Image | Anastasiia Shyrokykh in Unspash In Xataka | Why it is dangerous to connect to public wifis and what you should do to protect yourself In Xataka | Better VPN: Guide with the 17 best services to protect your online privacy

I have tried the Nintendo Switch 2 and I already have an answer to the question “Is it worth buying it if I have the original switch”?

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Not every day a new generation of consoles is launched. Nintendo’s are complex to frame for a few years, but within their segment, Nintendo Switch 2 It is a new generation with all the letters. I’ve been a few days Testing the thorough switch For analysis and, between All questions that can be askedmany acquaintances have made me “Is it better to buy Nintendo Switch 2 now or wait?” Answering something like that has a lot of nuances because there is no perfect console for everyone and it depends a lot on the case, what you like to play or what other platforms you have at home. But a question for which I have a much clearer answer is another classic: “If I have a Nintendo SwitchIs it worth changing to Switch 2? “ Before trying the console, I thought it would only be worth it if the jump were going to give it from the original 2017 model, but These days with her have made me change my mind. This is going to be a more reflective text, as if I explained my ideas out loud, and I would love to read you in comments because an interesting debate can come out. A generational jump. Throughout I am a Nintendo Switch user from the launch of the machine. I bought it with ‘The Legend of Zelda: Breath of the Wild‘(Also Switch 2 start game) and, although the machine we are testing these days corresponds to a transfer of Nintendo, I reserved mine and is already in a house. During these eight years, I have played hundreds of hours to Switch, but from the launch it was noted that it was justice in power. The tegra chip that used was obsolete and, although Switch opened the door to the market of the Consolidated PConly Nintendo games and some exceptions had a perfect performance on switch. Then I had the model OLED For a time, and although in that the screen change (much better than that of the original model) and a more premium design, the performance remained the same. In these years, I have tried many games, and many of them with poor performance. Some exclusive titles were very bad and others, such as infamous’Batman Arkham Knight‘, directly They crawled into the console. Come on, a change was necessary. When they connect to the dock, although the resolution increased to show on the TV, the performance in many titles remained below the desired and the multiplatform versions were, in many occasions, objectively worse. As much (the case of ‘Hogwarts Legacy‘, for example, that looks like a game of another generation). When it was announced that Switch 2 was going to be retrocompatible, I stopped playing Switch 1 because I trusted that the performance of games that had no patch, simply by the increase in console power, improved. And it has been pleasant to verify that yes: the switching games 1 that crawled, Now in Switch 2 they are perfect. Image | Xataka This happens both in desktop and laptop mode, but there is something important to take into account: the games that previously were blurred, remain blurred in the new console because in many cases the resolution is not improved. It is something that shows in both modes, since now the dock gives 4K exit and the screen of the console has 1080p resolution compared to 1080p and 720p, respectively, of the first switch. From Switch’s embarrassing pin, we move on to a very good metal pin on switch 2. Image | Xataka And it is not just the power to play a lot of games that were impossible in the previous console (‘Cyberpunk 2077‘,’Yakuza 0‘ either ‘Street Fighter 6‘There are three examples) or exclusive releases such as the impeccable’Mario Kart World‘or the future’Donkey Kong Baniza‘, but Switch 2 feels much more premium than the previous console. Here, yes, there are nuances. If you come from an original switch, the jump is abysmal. The screen is much larger and better, the plastic of the Joy-Con is of more quality and with a velvety finish that feels great in the hands, the speakers have hit another climb, the support for the ‘tabletop’ mode is much better and, in general, everything feels more premium. The biggest joy-with a delight. Image | Xataka If you come from a Switch Oledyou will not receive such a large leap in terms of materials and screen (Switch’s OLED looks spectacular, but this Switch 2 LCD is not far behind), but you will have that extra power that feels great to the veteran console. A month ago, when We saw the console in the Paris eventI commented that Switch 2 seemed to me that It was worth only if you played in desktop. After seeing the performance improvements that put all the Switch 1 games, if you have a wide catalog of pending titles, now after trying it I consider that the jump between switch (both original and OLED) is worth both in desktop mode and in laptop. The new Switch 2 chip is not the pinnacle of technology, but Nvidia has been committed to him And this generation has something that did not have the previous one: the nuclei focused on AI for image reconstruction. Seeing what this technology can do on PC, when applied well, I consider it something that can give Switch a lot of life. I return to the case of ‘Cyberpunk 2077’: Thanks to these technologies, I think they have created A much better port than many could expect At first. If we talk about Switch Lite, the thing changes While now I am clear that it is worth changing from switch to Switch 2, if the console you want to jump is Switch Lite, I don’t have it so clear. Well, I am clear that I would wait for me. I explain myself. If you have Switch Lite It is because you want a strictly laptop console. That had no … Read more

Five roof fans easy to install with which you will save what is worth an air conditioning

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Although we have already attended the first heat wave a few weeks ago, this is what awaits us in the coming months. If you are not a little hands and do not want to buy an air conditioning, the ceiling fans They are an excellent option to be fresh at home. These are some of the best models that we would like to recommend for your home. Philips Bliss by 149 euros: With 28 W LED light and reverse turn. Melleware Brizy! Bright by 99.99 euros: With DC motor and 8 -hour timer. Cecotec Energysilence Aero 4280 invisible by 89.90 euros: With 40 W engine and six speeds. Create Wind Clear by 68.95 euros: With avant -garde and timer design. Inspire Rafaga by 89.95 euros: With RGB lighting and six speeds. Philips Bliss This is One of the best -selling roof fans Each season and it was one of the first of this type that went on sale. In Amazon, you can now take this reduced philips bliss, since it has gone from costing 199.99 euros to 149 euros. Philip Bliss, in addition to a fan, has a LED Light Blanca of 28 W with three color temperatures. Their blades are retractable and have Inverse turn function. In addition, it comes with command to control it more comfortably. Philips Bliss roof fan with LED 28W light * Some price may have changed from the last review Melleware Brizy! Bright If you like more traditional fan models, without retractable blades, this of the Melleware firm is a good option. Its usual price is 219.99 euros but, now, during the campaign Network of Mediamarkt You can take it by 99.99 euros. Works with DC motor With 30 w of power, which allows you to save on the light bill. Like the Philips model, it has winter function and is perfect to cool rooms up to 20 square meters. It offers six operating speeds and integrates a timer up to eight hours. Melleware – ceiling fan with remote control Brizy Bright | 45 w * Some price may have changed from the last review Cecotec Energysilence Aero 4280 invisible Cecotec It is one of those firms that offer a wide catalog of home devices at very economical prices. Known are their portable air conditionersbut it also has easy -to -install ceiling fans like this model, which can be bought on PCComponentes by 89.90 euros. This Cecotec Energysilence Aero 4280 invisible has a 40 W engine and a white LED light with three intensities (warm, neutral and cold). It offers six operating speeds and has winter function. Cecotec Energysilence Aero 4280 invisible * Some price may have changed from the last review Create Wind Clear Another brand that offers home -home devices is CREATE. Of its cahatus fans, the Create Wind Clear It is one of those that we want to recommend. On the official website of the brand, it is available for alone 68.95 euros. It is a roof fan with retractable blades and a avant -garde design. It is available in several colors, so that you choose the one that goes the most with the decoration of your home. It has winter and summer function and comes with a white LED light with three intensities. In addition, it integrates a 1 to 4 hours timer. CREATE / Wind Clear M / Ceiling Fan with Light * Some price may have changed from the last review Inspire Rafaga The last of the roof fans that we want to recommend is something different in design and you can buy it in Leroy Merlin. This is inspiring Rafaga, which is currently available, by 89.95 euros. Inspire Ráfaga comes with a shovel and grid and offers six operating speeds. It works with DC engine and offers white lighting and multicolored RGB. It comes with remote control and also has the winter function. Finally, it can be highlighted that it is very silent. Ceiling fan with quiet blades dc inspires Rafaga * Some price may have changed from the last review Some of the links of this article are affiliated and can report a benefit to Xataka. In case of non -availability, offers may vary. Images | CREATE, MELLERWARE, INSPARE, CECOTEC AND PHILIPS In Xataka | The quietest ceiling fan: which one to buy? Tips and recommendations In Xataka | Connected fan purchase guide: Recommendations to choose an “intelligent” model with WiFi and six models from 50 euros

Harvard bought a cheap copy of the Magna Carta in 1946. They just discovered that they had a treasure that is worth a fortune

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Year 1946. Someone buys a cheap and no apparent copy of The Magna Carta After ending World War II. The article, dated in 1327, passes without penalty or glory for decades in some trunk of the Harvard Law School. Today, eighty years later, to the surprise of the entire world it has been discovered that it was actually one of The original writings. A medieval jewel. In other words: for eight decades, a very valuable original of the 1300 Magna Cart bad of 1327. acquired at the time for just $ 27.50 In 46, the document was bought from a London bookseller and, since then, lay in oblivion. It was not until December 2023 when David Carpenter, professor of medieval history at the King’s College in London, He identified it while sailing through the Harvard digital library. When observing the sheep skin scroll (labeled as HLS MS 172) it was dumbfounded: design, calligraphy, Latin use and the capital “E” characteristic of Edwardus coincided with The original specimens known He immediately alerted his colleague Nicholas Vincent, a professor at the University of East Anglia, who confirmed authenticity of the finding. With the discovery, they ascend to 24 The original specimens Known of the edition, the last officially issued by the Royal Foreign Ministry during the reign of Eduardo I. A 725 -year -old relic. The document, in remarkable state of conservation, was produced in the year 28 of the reign of Eduardo I and represents the culmination of a series of reference to the Carta Magna since their original conception in 1215, when the English barons, in open rebellion, forced the king to accept that even the monarchy had to submit to the law. The text was reissued several times for its successors and ended up consolidating as one of the pillars of the Western constitutional thinking. The authenticity of the Harvard specimen already It has been validated with spectral and ultraviolet image techniques (image below), which allowed to compare the text and paleographic marks with other authentic specimens. In contrast to the deteriorated document found in 2014 In Sandwich, England (which was incomplete, without seal and partially illegible), Harvard’s piece retains its integrity and clarity. The thoroughly examined letter Historical Genealogy. Harvard experts tell that the documentary trail suggests that the copy could be the Magna Carta originally sent to the municipality of Appleby-in-Westmorland, in northern England. It is presumed that it was delivered by Lord Lord William Lowther to the abolitionist Thomas Clarkson, one of the most influential figures in the eradication of British slave trafficking. Clarkson, author of The History of the Abolition of the African Slave-Tradehe retired to the area, and his family archive was subsequently inherited by the aviator and war hero Forster Maynard. In fact, it was he who He auctioned in 1945 Through Sotheby’s, where Harvard acquired it without noticing his true importance. Although there is still a conclusive evidence that confirms such documentary genealogy, the chain of custody is more than solid and plausible. Symbol I live in times of tension. The American media counted this morning that the rediscovery of the document also arrives at one time politically loaded: Harvard University faces direct pressures from the Trump government, which recently announced the Cancellation of 450 million dollars in federal financing after disputes over student protests related to war in Gaza and university autonomy. For Carpenterthe appearance of this founding letter in the midst of that conflict is not mere coincidence, but almost “providential”: a tangible reminder of the essential principle that power, even in its highest form, is subject to the law. “The Magna Carta says that the ruler cannot simply order your execution or appropriate your land: it must respect the law,” He pointed out. Constitutional inspiration. Finally, the relevance of the finding is not limited to its estimated historical value (there is talk of More than 20 million of dollars, considering that a 1297 version was sold in 2007 for 21.3 million), but also to its pedagogical and symbolic potential. In words From Amanda Watsonassociated dean of the Harvard Legal Library, the document offers a unique opportunity for future generations to understand the foundations of democracy, individual freedom and limited government. If you also want, that a medieval relic of this caliber emerges from the shelves of an American university In full struggle to preserve its academic autonomy against the impositions of state power, it gives an extra intangible to the finding, a weight that transcends the historical: a living lesson, written more than seven centuries ago, but more in force than ever. Image | Harvard Law School In Xataka | Abortion, a constitutional right: France opens the way to protect it in the Magna Carta In Xataka | Water is a very healthy drink. Harvard researchers have found another healthy equally: coffee

A youtuber has a car that is worth four million euros. To drive it you have to pay 7,000 every 60 kilometers

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If there is a brand that has understood that maxim of whether you can put a price on exclusivity, that is Bugatti. Luxury brands play with the lists of people Millionaires who aspire to have the object in question to their credit, and part of that exclusiveness It is achieved both with the price and with the very scarce units. Of the Chins Super Sport? Just 30 units. What do you want Centodieci? Too bad, s10th 10th were manufactured. Even with their very high prices, Volkswagen every bugatti sold It cost him moneyso they had an idea: make the difficult thing not to buy the car, but to maintain it. Also Sell ​​customization packages with which customers They invest 500,000 euros on averagebut that is another topic. And within the exclusivity of Bugatti, there is a specific model that is not the most expensive of the concessionaire, but yes It costs a kidney and part of the other as you want to do kilometers. The reason? Their wheels cost a money and you have to change them every 60 kilometers. This is the very exclusive Bugatti Bolidewhich is also not made for roads. You’re going to remember every time you want to change the wheels The Bolide was presented as a concept in 2020 and began to be delivered in the middle of last year. It costs about four million euros and we return to the issue of exclusivity: there are only 40 units worldwide. It is a car that is very similar to the rest of his family, but with a peculiarity: he is not approved to circulate by road. It is a luxury hyperdeportivo, yes, but its natural atmosphere is the circuit. Changing anything in Bolide costs a moneyas in any bugatti and the rest of the supercar. The reason is that it is not as simple as lifting the hood, loosening a couple of nuts and making the change: you have to disassemble part of the car to, for example, make an oil change. And this is something that must be done frequently because the engine consumes more oil than that of a normal car. But Bolide’s issue are, as we say, the wheels, because in this case it is like a Formula 1. When you buy the car, the manufacturer includes four very fine tires that only serve to transport the car of the circuit asphalt. Once there, the main tires are mounted, Michelin specials who are like the slicks (without drawing) of those of competition cars. There is also rain version. These tires should be preheated before starting the car (again, as in the maximum engine competition) and degradation is bestial. The Bolide weighs about 1,300 kilos, but generates A suction force of more than 1,800 kilos. This makes the car stick to the ground, Like a vacuumto face the curves better, but also degrades the tires. Acceleration of 0 to 300 km/h in 7.37 seconds, 1,850 hp and total traction You eat some wheels that have to be changed every 60 kilometers. And what does that translate? The YouTuber Manny Khoshbin, a car lover, collector and who does not mind informing about the money that each of them costs him, Comment In one of its last videos that these changes at 60 kilometers cost about 7,000 euros. In the end, these extreme benefits entail the very short life of the tires in a car that is absolutely brutal. You just have to listen to how the engine roots when many lights it (just turning it on sure it costs more than filling the tank of my car). And the comfort that we have left is that … that of Lego costs less than 50 euros. Something is something. Images | Santaclaus93, CALREYN88, Bugatti In Xataka | They are founders and ultra -ups, but they have not always driven luxury supercoches: a review of the cars of the Tech millionaires

BBVA wants to buy Sabadell for less than what is worth

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The CNMC He has given the green light to BBVA OPA on Banco Sabadell imposing commitments for three years, but the greatest obstacle is not regulatory but financial. The operation presents A mathematical paradox: BBVA offers much less than Sabadell’s actions are worth. The approval of the competition agency, far from clearing the way, has put on the table the contradictions of an operation that has been taking over more than a year and still having serious obstacles both financial and politicians. In figures. The Basque Bank proposes An exchange of one action for every 4.83 shares of Sabadellwhat each Catalan bank title values ​​in 2.39 euros, compared to 2.56 euros to which he quotes. This 7% negative differential is the main anomaly of this operation. There are hardly reasons for Sabadell shareholders to accept this proposal. Main loser? Sabadell small shareholders, which They represent almost 50% of the capitalThey have no incentives to accept an offer that would make them lose money regarding selling their shares directly in the market. This Atomized structure of the shareholders It is precisely one of the great challenges ahead of BBVA, which would need to convince thousands of retail investors to accept an operation that, at least in strictly economic terms, harms them. Between the lines. The 7% discount indicates that the market assigns a few probabilities of success to the operation. If investors believed that the OPA will prosper, the price of Sabadell would be converging towards BBVA’s offer, not moving away from it. Although BBVA tries to convey an optimistic narrative about the chances of success of its offer, that 7% gap transmits otherwise. Turning point. BBVA has repeated that its offer will not improve because doing it would harm its own shareholders. Its calculations indicate that it has up to 2.3 billion to improve the operation, but this would erode the profitability for its investors. The bank is at a crossroads: Or maintain its current offer assuming that you have little chances of prospering … … or the improvement at the cost of harming their own shareholders, which contradicts their duty as a quoted company. The backdrop. The government adds uncertainty to the process with The announcement of an unprecedented public consultation prior to its final decision. Pedro Sánchez has stressed that he will support the operation “as long as it benefits the common interest.” This consultation, unprecedented in operations of this caliberunderlines political reluctance towards a bank concentration that would further reduce competition in the sector and could have consequences in access to credit for individuals and SMEs. And now what. CNMV must now approve the OPA brochureprobably in early July, opening a 30 -day acceptance period that will partially coincide with August, month of low stock activity. This circumstance could lengthen the process until September, far beyond the original calendar that managed the BBVA. The calendar thus plays against an operation that accumulates both delays and uncertainty. Financial logic suggests that the operation is dedicated to failure if BBVA does not improve its offer, but doing it would harm its own shareholders. It is a dead end alley for one of the greatest business operations in Spanish banking. In Xataka | Revolution is doing in the bank the same as Netflix in entertainment or Amazon in retail: conquer from the margins Outstanding image | Joel Filipe in Unspash

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