Chapter 561: Adjustment of Time Holdings
As soon as the matter on the friend's side was dealt with, Pichai and others flew from Silicon Valley to Yanjing, and after communicating with him, the adjustment of Time Holdings was just around the corner.
"Simon's plan and I is that Time Games will remain largely unchanged, this is our most important cash cow, and the core role of Time Labs will not change. The changes are mainly in three main business units, we are divided into cloud computing division, including Iaas (cloud company) and SaaS (NetSuite), etc., Android division, including maps, browsers and time cloud storage, etc., and big data and artificial intelligence division, mainly mobile APP, including hatAPP, eChat, Instagram and artificial intelligence voice assistant Felix. Time payment is in charge of the headquarters!" Lei Jun presided over the meeting
"Time payment is in my charge!" Zhou Shi interjected, and everyone looked at it without speaking
Zhou Jingren (later the chief scientist of Alibaba Cloud) was in charge of the cloud computing division, Zhang Yaqin (later the president of Baidu) was in charge of the Android division, and Ng Enda (now a professor at Stanford and an authority on artificial intelligence) was in charge of the artificial intelligence division. Pichai was promoted to general manager, and everyone was accountable to him except for Time Games and Time Pay. "Lei Jun
"I don't really understand!" someone stepped up
"Zhou, Zhang and Wu tend to technology research and development, but Pichai is good at operation management, simply put, the three of them are mainly responsible for research and development, and Pichai is mainly responsible for the operation and management of the entire enterprise. Of course, this does not mean that those who are responsible for R&D cannot take care of another project, that those who are responsible for R&D cannot be in charge of operation management, nor that Pichai cannot be in charge of R&D. The specific division of responsibilities and obligations needs to be adjusted through practice. "Lei Jun
Google is now a project-based management model, but Time Holdings has begun hierarchical management, which is not a question of management level, but a question of suitability. Time Lab is the project responsibility system, but Time Holdings is a hierarchical management. Although it is idealistic to treat everyone equally, long-term practice has proved that this is not a good management measure.
"Why Pichai?" someone seemed to whisper, Pichai was promoted to the second of the Time Holding Company this time, well, it should be regarded as the third person.
"Pichai's ability is obvious to all, although we are a Chinese enterprise, we are also an international enterprise. As long as he is capable enough, we don't care about his country, his nation and his race. Zhou Shi set the tone, although he also heard a lot of rumors, saying that Pichai rejects dissidents, the company's Indians get together, etc., not to mention whether it is true or not, as long as it is beneficial to the company, he doesn't mind very much. There are so many high-level Chinese elites, and they are defeated by one person, which can only be said to be deserved. Besides, Zhou Shi has great power, and it is not too easy to unload the mill and kill the donkey. As for why Pichai is supported, it goes without saying that in addition to personal ability, Indians also have the most talents in Silicon Valley besides Chinese, and the Indian market has the most potential in addition to Europe, America and China.
Fortunately, there are few people who directly oppose it, and there are almost no people who have great opinions, you must know that in this arrangement, Pichai who does not have a direct project may actually be set aside, he is not afraid, and is willing to accept such a challenge, is the other people afraid?
After the chaos of the initial expansion, the development of Time Games is now much better, and game studios have been set up in many places around the world, including many cities in China. Although there are all kinds of uncertainties, the success rate of game development is still relatively much higher than that of other game companies, and the revenue growth rate is much higher than the industry average.
Needless to say, he is not only a payment tool bound to the Android system of Time, but also a payment tool for Amazon, Yelp group buying, F&F company, Twitter and other enterprises. It is also a mobile card tool for many merchants. Some places have even launched activities to buy a shell mobile phone and give away a time payment card device, which has achieved remarkable results. In terms of financial innovation, it is still being designed, the United States is not like China, it is difficult to have explosive products like Yu Bao, one-stop financial services are the focus of Time Pay, and P2P cooperation with Galaxy Capital and Meibang Securities is also planned, of course, it will take time. However, mobile payments are a core focus, and other aspects such as personal or corporate wealth management can also be available.
In addition to these two items, Time has plans for online translation, voice recognition, image recognition and face recognition, fingerprint recognition, etc. Especially combined with the Chrome browser, Time Translation, although there are not as many languages as Google Translate, but it is really good.
Of course, Time Holdings is more than that, music and video were not mentioned at this meeting, but the specific domestic part of the responsibility belongs to Lei Jun, and the foreign part belongs to Pichai. The main thing here is music, and the video site of Time only exists in China. And there is a big difference between domestic and foreign music companies, mainly copyright. Although there is no copyright in the music, the music library of Time Kuwo Music is very complete. Time Music abroad did not do this, so it launched two versions of music software. One is the music version (you can choose songs freely), which needs to be negotiated with each copyright owner, and the other is the radio version (you can't choose songs), which only needs to go through the music association, and the copyright fees of the two models are not the same. However, although there are two software, the account between them is still universal, after using the music version of the software, through long-term use, song list settings and other data analysis, through artificial intelligence algorithms to calculate user preferences, and then recommend music on the two software.
"Those two guys need to keep an eye on them!" Zhou Shi reminded Pichai to pay attention to the two men of Sean Parker, who were not the masters of peace.
"I'll be careful, but the two of them have really worked hard to open up the market, both of them are growing rapidly, but the music version of the software is growing even faster. "Pichai
"This is not surprising, after all, one can choose, and the other cannot" Zhou Shi
"But the number of songs in our copyrighted software is only about a quarter of that of the radio version. "Pichai
"Maybe they don't care!" Zhou Shi guessed that it was difficult for the music version software to get the copyright of all the songs, so Time Music was more about learning NetEase Music, taking the social route, releasing electronic versions of songs for independent musicians and Internet celebrity musicians, assisting in promoting singers' albums, and so on. Reviews, playlists, and music videos are the characteristic strengths of Time Music. It is also different from Spotify and Apple Music.
However, in the hearts of Zhou Shi and Pichai, those two guys are both characters who expand their territory, and when the company is on the right track, they will definitely have to change to a more suitable person.
(End of chapter)