Red Hat Systems has released its unique Android desktop system, officially entering the desktop system field of Microsoft and competing face-to-face with the other party.
As a result, three independent and mutually exclusive desktop operating systems have been formed in the world: Microsoft, Android os, and Apple os.
Because of Wang's consortium's strong position in computer manufacturers and software and hardware fields, its products come pre-installed with the Android OS operating system, which has been rapidly promoted around the world.
Although it affected the sales of some products, under Wang Yaocheng's strong leadership, the entire project was still progressing smoothly.
This operating system, which has been repeatedly tempered for ten years, has brought a good user experience and has been well received once used. Together with the apps that have been open for many years, it has formed a complete ecological chain and quickly established a firm foothold in the market.
soon
Microsoft launched a monopoly lawsuit against Atlantic Business Machines, accusing Atlantic Business Machines, Glee Group, Dell Computer, Fujitsu Computer, and Panasonic Computer of taking advantage of their market dominance and unfair competition.
Intel and IBM have come forward one after another, accusing Wang's consortium of monopolizing the market and allegedly unfair competition.
For a time, public opinions abounded, and there was no consensus.
No one thought;
It's really strange that Microsoft has sued others for monopolizing the market.
The government and the US-funded consortium responded from afar and exerted tremendous pressure.
The U.S. government has also expressed deep concern about the Wang consortium's control of Atlantic Business Machines and Cisco. The Ministry of Justice and the Ministry of Commerce have come out to speak out, threatening to break up the companies, and are preparing to take major actions against monopolistic market behavior.
In this regard
The leader of the Elephant Party and George, who participated in the presidential election, made angry public speeches one after another, accusing the Donkey Party, which controls the power, of deliberately smearing and suppressing important supporters of the target party, suspected of unfair elections.
The two sides were at each other's throats, and the situation was extremely noisy.
At this time, it was at the critical moment of the 2000 presidential election. George, the candidate for the leadership of the Elephant Party, was leading the way and was very likely to win the White House.
The donkey party's powerful leader is also impatient, and the strong suppression of the Wang family consortium can be said to be a way to vent his personal hatred.
This is because Wang Yaocheng strongly supports the Elephant Party candidate for leadership, George. He claims to be a loyal supporter of George Bush and spares no effort to win votes for George in every state in the United States.
Under the call of Wang Yaocheng;
A large number of Asian voters and Silicon Valley supporters have generously donated funds. This includes Hollywood, which has always been a strong vote base for the Don Party. There are also many movie stars and employees supporting George, the leader of the Elephant Party.
Wang Yaocheng spent his own money to advertise on TV networks to promote George's political ideas and increase his exposure.
They also held a series of fund-raising parties to call on fans and supporters to support the candidate for the leadership, George, a powerful figure from a traditional political family, passionate and charismatic, and a very charming candidate for the leadership.
As a business tycoon and the most influential leader in Silicon Valley, the influence of the boss king cannot be underestimated, and he definitely has the ability to influence the voting results.
This makes the Donkey Party bosses feel so embarrassed!
If you can endure this tone and don't do anything evil, you will be a saint. All kinds of suppressive measures have been very violent.
Who would have known that this move would play into Wang Yaocheng's hands.
Wang Yaocheng went to great lengths to help George run for office, and the influence it brought was absolutely huge. He could have avoided doing this and could have supported him by hiding behind the scenes.
There is certainly a reason for jumping to the foreground;
In addition to winning the true friendship of the Bush family, he also won praise from the leaders of the Elephant Party, which will be of great help to the Elephant Party in boosting the election.
Wang Yaocheng, who peeked at the trump card, knew that the bubble collapse of the Internet high-tech wave in 2000 was coming soon. If you don't take advantage of it now, how long will it take?
The Donkey Party, which was unfavorable in the election, vented its grievances on Wang's consortium and continuously suppressed its companies.
After some behind-the-scenes dealings and haggling, an unknown deal was finally reached.
January 2000
Cisco announced a trading suspension and announced major events;
The controlling shareholder Wang's Fund will continue to reduce its stock holdings, reducing its shareholding from 39.57% to less than 10%. Cisco management's shareholding will increase from 8.47% to 10.1% of the stock. It is hereby announced.
The settlement was based on the Wang consortium's concession and the relinquishment of its controlling stake in Cisco.
Before the announcement, Cisco's stock market value reached US$555 billion, surpassing General Electric's US$505 billion market value and ranking first in the world.
At this time, Intel's market value was 446 billion U.S. dollars. Big Blue IBM's market value was 400 billion U.S. dollars. Microsoft's market value dropped to 3,650 U.S. dollars. High-tech company stocks were booming.
After the announcement of major events, Cisco's stock briefly fell by 5.5 percentage points, and was subsequently supported by strong buying.
For Wall Street, funds have never been a problem. The biggest problem is the lack of suitable investment targets.
Now, the world-famous Cisco has emerged, and the Wang Group, the largest shareholder, has voluntarily given up its controlling position, allowing other companies to take advantage.
If you don’t come at this time...what are you waiting for?
Market participants speculate;
The Wang Group should have reached a compromise agreement with the U.S. government so that the government would not launch antitrust prosecutions.
You should first figure it out yourself and choose between Atlantic Business Machines and Cisco.
A company like Cisco that excels in all fields of network equipment cannot fall into the hands of a Hong Kong consortium.
Otherwise, it will not look good on everyone’s face.
All the above are just speculations. The Wang Group has never proven them, and no one from the government has come out to explain them. However, the rumors are there, and market participants are convinced of them.
Is there any other reason besides this?
More than two months, as of early March 2000
Wang's Fund issued continuous reduction announcements through Cisco, and the market enthusiasm continued;
Continuously reduced its holdings to 8.9%, reducing its holdings by 30.67% in total and acquiring US$153 billion in funds.
According to U.S. federal tax law, repayment of loans and reinvestment of part of the profits do not require tax calculation.
therefore
The Wang consortium acted quickly and quickly repaid Atlantic Business Machines' 50 billion loan, its Silicon Valley companies' loans of 6.2 billion U.S. dollars, and the Royal Family Fund's Japanese yen loans, memory chips, and LCD display-related loans totaled 8.8 billion U.S. dollars. All loans
All loans to U.S.-related companies have been cleared, so you can travel with ease.
If the remaining $88 billion is not invested on a large scale, it will pay 21.5% federal and state taxes.
Based on this ratio, the total payment of federal taxes, state and other taxes will reach a huge US$18.9 billion, which is an astonishing figure.
Fortunately, it is not the tax filing season. As long as a large amount of investment is made within 2000, the investment amount can be deducted, and in the end, you will not be able to pay so much tax.
If that doesn't work, buy back the stocks again, which is another way.
thus
The Wang Fund's cash holdings rose to a high level of US$160 billion, and the fund turned to investing in gold. At a price of US$287 per ounce, it purchased 220 tons of gold during the same period to be used as HSBC's gold reserves.
The total price per ton is US$9,227,050, totaling US$2.03 billion.
HSBC announced.
HSBC and the Financial Secretary of the Hong Kong SAR Government have reached a memorandum of understanding to continue to purchase gold reserves and issue Hong Kong dollar banknotes of equal value to the market to jointly promote the prosperity of the Hong Kong market.
Since then, Wang Yaocheng has been called the "Golden King", and Hong Kong people will say when chatting together;
"Are you mistaken? Who can be as rich as the King of Gold? Gold is bought in hundreds of tons. Can your big gold chain weigh 100 grams?"
As of March 2000;
Royal Family Fund announced that it has continuously reduced its holdings in Yahoo stock. The original 57.18% stake was diluted to 49% after the listing. This time, it has continued to reduce its holdings to 22.5%, still ranking as the largest shareholder.
end of february
Yahoo's total market value is US$163.3 billion, down 16% from its peak level. The Royal Family Fund reduced its holdings and gained a book profit of US$43.857 billion, and its cash flow increased again.
The Wang Fund's cash holdings have increased to US$200 billion, of which a huge US$140 billion needs to be invested this year.
Otherwise, this part will impose high federal and state taxes of more than 20%, which is almost 26 billion US dollars.
At this time, the historical righteousness that I have always been obsessed with is very worried.
With such huge wealth on the account, Shi Xueyi was like sitting on a fire, unable to sleep for more than a week.
Wang Yaocheng didn’t take it seriously;
Nowadays, wealth is just numbers. I no longer feel the joy of making a lot of money. If I really want to use it, it will be used very quickly. It will be used up by acquiring two large banks.
HSBC is deeply rooted and flourishing in Southeast Asia and the United Kingdom, and it also has great influence in Europe.
However, there is almost no presence in North and South America, and the same is true in Africa. Such multinational banks have serious biases, and they can definitely find opportunities to make up for it this time.
March 14, 2000
The Dow Jones Industrial Average began to fall below 10,000 points, reaching its lowest level in 13 years. This is a dangerous signal.
From 1997 to 2000, the market value of the New York stock market increased by 5.5 trillion US dollars, of which 11 major technology stocks accounted for half of the added value. Insightful people in the Wall Street market cried wolf.
Royal Family Fund has also been issuing targeted warnings in this regard;
According to the Institute for Fund Strategy’s 1999 Economic Vision Report;
The market related to high technology is full of "irrational growth", and people put risks behind them, causing the Internet technology bubble to inflate and face the risk of bursting.
Yahoo's trading suspension announcement;
Royal Fund will continue to reduce its stock holdings by more than 5%, please pay attention to market risks.
However, the technology and business elites have all been carried away by the Internet bubble. How can these warnings be heard?
Intel issued this slogan: "Hurry up and jump on the high-speed train of the Internet, or you will die without a burial place."
Amazon.com, which is still losing money, CEO Jeff Bezos arrogantly declared;
There is no time to think about the so-called "bubble problem", and there is no need to explain to the market why there is a loss? Because he has more valuable things to do.
The first thought I have every morning when I wake up is;
The Internet is growing at a rate of 2,300% per year, and the Amazon website must also expand at a rate of 23 times per year, otherwise, it will fall behind the public.
In response to such remarks, Royal Family Fund issued an urgent announcement;
President Jeff Bezos's remarks only represent his personal opinions and do not represent the official views of Royal Family Fund at all. We hereby solemnly declare that the high-tech Internet bubble is getting bigger and bigger.