The two talked for a while, but it was already late at night and they had to take a rest.
Seeing Bill Gates leaving with a lot of worries, Wang Yaocheng hesitated for a moment and did not stop him. He let out a long sigh. In the final analysis, he had to make up his own mind for this kind of thing, and no one else could do it for him.
The two parties are in a situation of fair competition in the market, and helping competitors is tantamount to wielding a knife against oneself.
Wang Yaocheng doesn't have such a tendency to self-abuse. From a friend's point of view, he has done enough and it is completely interesting.
Microsoft and Yahoo are now bloated and huge, and the high-tech Internet companies they acquired are like pustules on their bodies. Instead of bringing any benefits, they have seriously hindered their progress.
In recent years, Microsoft has been completely invisible in the surging wave of high-tech networks.
The only outstanding performance... was the acquisition of the Yahoo website, which made world-shattering financial news. It also became a failed merger that made Wall Street laugh, ranking second among the largest mergers and acquisitions after entering the 21st century.
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Who is the first embarrassment?
Of course, in 2001, the US$350 billion merger plan between America Online and Time Warner formed a giant media empire with 100,000 employees.
Today, the market value of the new company after the merger has dropped to US$145 billion, and more than US$200 billion in market value has evaporated.
Well, this is everyone else's shit.
Microsoft and Yahoo were so preoccupied with their internal affairs that they were unable to take into account the sudden emergence of Google, the most dazzling star company in Silicon Valley in 2003, and almost dominated the conversation throughout the year.
From the case of co-founders Larry Page and Sergey Brin sexually assaulting women in nightclubs, to the press conference held by Silicon Valley godfather BOSS, Google’s third round of financing, from Google’s new CEO Mr. Shun Xiangyang to
Google's dazzling performance in the search field is full of topics.
According to the listing plan, Google will be listed on the Nasdaq market on June 12, 2004.
According to estimates by industry insiders;
Google's IPO will reach a scale of US$45 billion, becoming the second largest IPO in the history of Internet high-tech companies on the Nasdaq market, second only to Yahoo.
as we all know
Before the rise of Google, the Internet search engine business had been dominated by Yahoo. In just a few years, Google quickly rose to replace Yahoo's market dominance.
This disruptive change occurred in April 2003. Google website surpassed Yahoo website for the first time in the Internet search engine business, and then swept away.
In June 2003, Google moved into its corporate headquarters in Mountain View, Clara County, California, and began operating independently.
With the rapid expansion of the company's business, Red Hat's offices and offices near Silicon Valley are no longer enough. Royal Family Fund built a comprehensive modern building complex in Mountain View to provide use to more than 2,800 Google employees.
From a long-term perspective, it can support more than 7,000 employees working in the garden-style headquarters.
Now more than half a year has passed
The 2003 annual report shows that Google occupies 73.33% of the Internet search engine business market share, and continues to expand its lead.
business aspects;
2003
Google developed an email product to deal with the company's increasingly complex internal communication and data storage problems. In view of previous experience in developing email products, CEO Shun Xiangyang decided to use Ajax to develop an email product with response and operation speed. Faster email products.
On November 1, 2003, Gmail was officially launched, providing 1GB of memory space and advanced search capabilities, which perfectly solved the shortcomings faced by other email products on the market at that time.
Gmail is an intuitive, efficient, and practical email product that can permanently retain important emails, files, and pictures, and use search to quickly and easily find whatever you need.
Google provides it to users for free, which greatly increases user reputation and stickiness, and becomes a powerful tool for expanding user groups.
The consortium itself is the world's largest DRMA memory chip manufacturer, and it is easy to acquire the order of Google's enterprise servers. This is another story of healthy linkage between the consortium companies.
Including cloud storage technology, which the consortium has been researching relentlessly, is the core content of the next step in the development of network technology. For this, huge scientific research funds, manpower and material resources have been invested, and significant progress has been made.
Just think about it with your toes;
Once cloud storage technology expands around the world, the demand for corporate and personal cloud storage services will greatly increase. The ultimate beneficiary will still be the world's largest DRMA memory chip manufacturer - Royal Fund itself.
This is another clear example of the benign interaction of the consortium. While high-tech network companies have achieved market leadership and technology leadership, they have also fed back the consortium's chip companies.
What's the old saying?
The meat is all buried in its own bowl.
end of the same year
Google has launched its own news business unit. With the help of this content integration portal service, it hopes to revolutionize the way digital media is published and distributed on the Internet.
As a result, it launched a comprehensive close competition with the market leader Yahoo.com, and its dazzling performance attracted the attention of the world. Wall Street and the news media exclaimed; "The Godfather of Silicon Valley is back."
Indeed, with more than ten years of hard work in Silicon Valley and the brilliant achievements he has made, Wang Yaocheng has a lofty reputation that others cannot match.
Just one point will show a clear illustration;
early 2003
After the case of Google co-founders Larry Page and Sergey Brin sexually assaulting a woman in a nightclub came to light, the company's third round of financing came to a standstill. Venture capital institutions and market participants were hesitant and unanimously looked down on the company. Development prospects of emerging companies.
This kind of plot happens too much in Silicon Valley. The founders of companies who gain the favor of venture capitalists and become rich overnight engage in prostitution and gambling, hang out in nightclubs all night long or become party animals, and are lost in the huge wealth.
Countless high-tech start-up companies have fallen as a result. In this Internet wealth-making movement, it is not just about starting early and running fast that you can win. You must also have all the elements that a successful company should have.
Only with the valuable qualities of perseverance, courage to innovate and never slacking off can we achieve ultimate success.
at this critical moment
Boss Wang, one of the major shareholders and co-founders of Google, returned from the other side of the Pacific. He immediately announced that he would personally take charge and Mr. Shun Xiangyang would serve as the CEO of Google and carry out a drastic reorganization of Google.
After a series of combination punches, the confidence of market participants quickly recovered.
The valuation of Google in its last round of financing soared from the original US$7 billion to US$11 billion. The extra US$4 billion all came from the great trust in the boss's ability.
It can be seen that the boss king's huge influence in the financial world and the high-tech field of the Internet is beyond the reach of others.
After selling Netscape and Yahoo successively, the boss king gradually faded out of the ranks of Silicon Valley's first-tier companies. This time he returned to the world with Google, as if the king had returned, and the shock it brought cannot be underestimated.
Staying in Washington for several days
During this period, Wang Yaocheng met intensively with more than 30 heavyweight senators and more representatives of the House of Representatives to elaborate on the Royal Family Fund’s strong objections to the Department of Justice’s antitrust investigation, believing that this was unfair and a very bad start.
The financial industry is different from the real industry, and true monopoly is difficult to achieve.
Customers can have countless choices on a financial street, just like world financial centers such as New York, London, Tokyo and Hong Kong. The number of banks is even more than that of Mipu.
The real right to choose lies in the hands of customers, which is the basic right of bank customers. All banks can do is to try their best to provide the richest and most diverse humanized services to attract customer groups.
You cannot judge a multinational bank that provides global financial services to be a market monopoly just because it has many branches.
In fact, this is completely impossible to do. The Department of Justice’s antitrust investigation is based on trumped-up charges, and there is neither convincing evidence nor persuasiveness to support its antitrust investigation position.
On the contrary, this rude move by the U.S. Department of Justice has made a very bad start.
As the saying goes;
It means that I hold the power of life and death in my hands. I can discipline you as long as I don’t like you. Regardless of whether you are breaking the law or not, this is a very, very bad thing. It is tantamount to letting go of the reins of power, and the consequences will be almost catastrophic.
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Adhering to this view, Royal Family Fund executives intensively shuttled to Washington to lobby, and the news and media reports were also biased towards questioning. They used various methods to make the antitrust director of the Department of Justice, Assistant Chief Prosecutor Macken Della
Shim was extremely embarrassed and under great pressure.
To this end, Ministry of Justice spokesperson Doncaster had to respond to media attention, saying;
The antitrust investigation is based on the demands of domestic financial institutions such as Citibank and Bank of America. It focuses on investigating whether HSBC engages in monopolistic behavior in market operations and whether the acquisition of Standard Bank of South Africa will exacerbate this unhealthy tendency. It is a normal administrative act and does not involve professional
Which party is this?
Media reporters are not easy to fool. A reporter from the Washington Post asked:
Can you explain how HSBC achieves monopoly? What kind of behavior is suspected of being a monopoly? How does it influence the choices of bank customers?
Faced with this pointed question, Ministry of Justice spokesman Doncaster hesitated to answer and said bravely;
If there are no other banks to choose from in the African market and HSBC is the only choice, it may be suspected of market exclusivity and monopoly. Specific matters require careful investigation before drawing a conclusion.
After hearing this reluctant answer, a burst of ridicule broke out in the press box. This is really a fantasy.
If you can control HSBC and not develop bank branches in remote cities, you can also control who bank users like? Who should they choose?
Citibank and Bank of America have no branches and do not allow others to do business. This is simply gangster logic. It is unworkable both rationally and legally. What are you doing?