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Chapter 478 [Google's actions]

Google headquarters, executives.

"Now, technology stocks are dragged down by Blue Star Technology and continue to plummet. A group of people have begun to go to the rooftop, but it is an opportunity for us. Blue Star Technology is forced to spit out a large market waiting to be accepted, and Google may become the biggest winner." Sergey Bryn, one of the founders, could not hide his happy expression while speaking.

All the executives have such expressions. Not only Google, but also North American companies such as Microsoft, Amazon, Safty and others are now active and immediately went to Bluestar Technology's customers to promote their business solutions.

Now it’s the rhythm of grabbing food and money.

There are countless IT companies that have been affected in this incident, and there are also many bankrupt small and medium-sized enterprises.

But the worst North American company is the "Blue Giant" ibm. North American "friendly businessmen" have actually been unhappy with ibm for a long time.

Because Bluestar Technology has announced the all-in cloud service since 2006, ibm has made money and made sluggish money just by relying on the orders given by Luo Sheng. Over the years, that life has been very prosperous.

The worst thing this time is ibm. Not only has the subsequent orders been lost, but now he is involved in a lawsuit with Bluestar Technology.

Once this lawsuit is lost, ibm will compensate Bluestar Technology with a huge sum of $6.75 billion, which is almost equivalent to spending most of the profits you have taken in over the years.

Samuel is now furious, and his epic KPI target this year has long gone bankrupt.

"Our evaluation department has derived data showing that the blow suffered by Bluestar Technology this time left at least more than $45 billion in market vacancies," said an executive at the Google executive meeting.

A group of executives also showed greed expressions, with a market gap of at least US$45 billion. These are the results of Bluestar Technology's seven or eight years of deep business operations.

Larry Page looked at everyone: "The cloud computing market is the focus. Now it depends on who is fast and has a lower price to grab more shares. By the way, what has the progress of the negotiation team we sent? What is Bluestar Technology's attitude towards selling their cloud computing infrastructure such as data centers in North America?"

These large data centers are all big money-intensive, and the operating and maintenance costs are so high that they lose customers due to force majeure. Since Luo Sheng has made a decision to lay off large-scale employees in the North American area, he will fire one-third of his employees.

In order to increase revenue and reduce expenditure, these data centers should be sold the most.

An executive at the meeting shook his head and smiled bitterly: "Mr. Page, our negotiating team has contacted the executives of Blue Star Technology, but unfortunately, they don't sell it, and they didn't even think about this problem at all."

Page turned his head and looked at him, stunned, "What? Don't sell it? The annual maintenance cost of these data centers is no less than $4 billion. Are you sure you don't sell it?"

Eric Schmidt spoke: "Obviously, this shows that Bluestar Technology's confidence in a comeback is imperative, so they don't sell it. Don't forget Bluestar Technology's terrifying cash reserve scale. According to the information disclosed in their last audit statement, the cash flow is as high as US$221.8 billion, which is twice as much as Berkshire Hathaway. It is also the group company with the largest cash reserves in the world. This money can keep these data centers for more than half a century."

Speaking of Berkshire Hathaway, now this old stock god is fearing the entire market. He is using the long-established cash to buy some low-market but high-quality corporate stocks.

Page couldn't help but whisper: "Sheter, this lunatic Luo Sheng never regards money as money. It seems that if you want to buy his ready-made data center and other infrastructure to integrate it into Google, don't have too many fantasies."

Larry Page's judgment on this is very correct. Luo Sheng would not sell it at all. He would rather waste it and support it with money.

Five or six years of hard work have achieved the foundation today. He would rather spend 40 billion US dollars in wasted than be firmly controlled by Blue Star Technology.

Isn’t it just money? Bluestar Technology Group itself has more than 200 billion cash reserves, and Xiaojinku stores so much money in order to deal with the arrival of this day.

Bluestar Technology has spent all its money, and the family fund still has 300 billion cash reserves. Qin Weimu has now begun to actively prepare for a big profit when Greece goes bankrupt. Greece will definitely declare bankruptcy this year, and its debts can no longer be sustained. Later, the "black swan" incident of Brexit can make another big profit.

Maybe the little money will be spent more and more.

Page skipped this topic: "OK, another focus today is on the company's spin-off and reorganization. The proposal has been submitted to the board of directors for voting and approval. We will establish the parent company Alphabet. Originally, Google will only retain part of its business and become a wholly-owned subsidiary. Other cutting-edge projects will be split into independent subsidiaries, and together with its subsidiary Google, it will form the alphabet group."

The spin-off and reorganization are the result of Eric Schmidt's strong initiative. Although Google's development cannot be compared with monster-level companies like Bluestar Technology, it is also growing stronger and stronger, and it also seems bloated.

Bluestar Technology has done a good job and completed the split and reorganization before IPO. Eric Schmidt has to admire Luo Sheng's vision for this.

However, even after the split and reorganization of Google, most of its business entities remain under the name of its subsidiary Google, including search, advertising, maps, applications, online videos, Android, etc.

Google is the first to be the subsidiary of the parent company Alphabet, followed by early-stage venture funds, investment funds, x-labs, Boston Dynamics Machinery Company, life science projects, smart home companies, etc., which were acquired earlier this year.

As for the management team of parent company Alphabet, the management team has also undergone structural restructuring, with Larry Page as CEO, Sergey Brin as president, and Eric Schmidt as executive chairman.

The split subsidiary Google will take the position of CEA from the former head of Chre Os and Android, Sundar Pichai, an executive from India. He is now a member of the conference.

It's basically not much different from the original Google management.

At this moment, Eric Schmidt's assistant and secretary came to the conference room and whispered to him. Eric's expression changed slightly when he heard the news.

"Dr., what happened?"

Larry Page noticed his expression change, and everyone present looked at him.

As Eric Schmidt's assistant and secretary left the conference room, he looked around everyone and said solemnly: "Bad news came from across the ocean. Bluestar Technology announced that it would actively reduce corporate profits by 22.3% and 30% in advertising and cloud computing services sectors."

Sergey Brin: "what?are you kidding me?"

Larry Page immediately opened the laptop in front of him and operated it quickly, while the other executives at the meeting were also stunned by the news.

"Is he crazy?"

"Are the management of Blue Star Technology beaten to death?"

"North America used to say that it would lay off one-third of its employees to increase revenue and reduce expenditure, but now it has voluntarily cut its profits by more than one-fifth. Isn't this a contradiction?"

"Even if Blue Star Technology has a huge cash payment of $200 billion in cash, it is not enough for him to squander it."

"Maybe it's good news for us."

The executives at the meeting were talking, but at this time, Eric Schmidt said: "Good news? No, it's not stupid, and it's not good news. This person's vision and business strategy are too terrible. I even suspect that he reserved more than 200 billion US dollars in cash to deal with today's situation. Do you still remember a strategy announced by Zhang Bowen, executive vice president of Blue Star Technology Group? Blue Star Technology has invested heavily in emerging third-world market countries, combined with this news, forcibly support his opponents through self-sacrifice..."
Chapter completed!
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