Chapter 681 - Short Yahoo (Part II)
Shorting Yahoo is obviously not going to be so simple, and soon someone will be involved in Guoke's acquisition of Harman International.
"According to internal sources in Guoke, Guoke's acquisition of Harman International was promoted by Zhou Shi, and he even gave up the decision to acquire Motorola.
"Mobileye, another company acquired by Guoke, is said to be an Israeli company invested by a close friend of Zhou Shi, and it is unknown whether there is any interest in this, but the acquisition of an ADAS company by a smartphone company is inexplicable, and we can't find any reason for Guoke to acquire this company. ”
As a result, the stock price of Xiangjiang's Guoke Company plummeted instantly, and it looked like it was about to fall to a market value of 5,000 Hong Kong dollars (I still think that the market value of Guoke is set high, hey!).
Faced with this situation, Yahoo CEO Chen Shouzong hurriedly stood up: "We have never believed that Yahoo's future will be better as we are now!"
"I don't regret selling Linkedin to Yahoo, I believe in Zhou Shi as much as I believe in myself. Linkedin co-founder Ray Hoffman
"Coming to Yahoo is a new challenge, and I'm very confident in what I'm doing now, and we're on the right path. "Mayer
"Yahoo is financially healthy," Tim Morse
However, Yahoo's explanation did not stop the downward trend of the stock price, and it still slipped firmly towards a market value of $30 billion.
Zhou Shi had no choice but to come forward in person for an interview to explain Yahoo's current acquisitions and behaviors.
"What do you think about Yahoo being shorted right now?"
"They have the right to question, but in the end, they have to rely on the facts!" Zhou Shi
"A lot of people say that you have no experience in how to run a mature Internet business, you don't know how to change Yahoo, you only know about acquisitions, you are an investor and not an entrepreneur, what do you think about this?"
"I have experience now, and what I've learned from this time is to turn Yahoo into a start-up and keep our employees motivated. In fact, Yahoo is in the process of starting its second venture, about mobile Internet entrepreneurship!"
"There are employees who have left Yahoo who say that you are a tyrant and cold-blooded, and that your sabotage of Yahoo's management and board of directors is a source of mistrust. "Journalists
"I need to say sorry to the Yahoo people I hurt, and my purpose is to get the company to reach an agreement in the shortest possible time, instead of getting into internal disputes. Many of my methods are too blunt, which is the result of my inexperience. But I will not regret that any organization and individual who jumps out of their comfort zone will face all kinds of painful choices, and many innocent people will be hurt. There is only one thing I can do, so that Yahoo can be reborn from the ashes and create new glories!"
"A lot of people can't understand the purpose of Yahoo's current development and acquisitions," the reporter said
"We're making adjustments to various departments of Yahoo, and maybe this adjustment can give you some explanation. "Zhou Shi
"What adjustment?" reporter, he is really worried that Zhou Shi will make a large-scale adjustment to Yahoo, how can he say good things about Zhou Shi?
"This adjustment is mainly to establish one principle, two cores. One principle is to make Yahoo a technology-driven business, with one of the two cores being Yahoo and the other being Yelp. Yahoo will be divided into three divisions: artificial intelligence, big data and cloud computing," Zhou Shi said, referring to the set that had been discussed within the company.
"You seem to have made such adjustments, and it seems to be much clearer all of a sudden, but why do you want to divide them like this? What is the basis, or is it for investors to see?" the reporter asked maliciously
Deep learning, artificial intelligence and search engines have a natural connection, there is nothing wrong with dividing them together, Yahoo portal, news, email, etc. are all places where data is generated and created, Linkedin can actually be counted as big data, but his profit model has more similarities with cloud computing companies" Zhou Shi
"Your recent acquisition of MIPS is also in the field of artificial intelligence?"
"In our research on artificial intelligence, we found that the existing chips are not well suited to our needs, coupled with the need for open computing projects made in order to save energy and reduce emissions, we feel that for the future development, the acquisition of MIPS when they are at a low point will be of great benefit to us in the future, of course, if we don't have a future, all this will be wasted. "Zhou Shi
"Are you going to design your own chips in the future?"
"Yes, but we're not going to do everything ourselves, and we're looking at an open source initiative to open source the MIPS architecture and patent our partners. "Zhou Shi
"Isn't the purpose of your acquisition of MIPS to compete with ARM?" and so on, you want to open source the MIPS architecture?" the reporter asked in surprise
"Yes, there is this opposite, but the specific open source plan is still being studied, and it is not known what form it will take. Our goal is to better popularize and promote the MIPS architecture. "Zhou Shi
At this point in time, open source MIPS, it can be said that there will be nothing to do with the RISC-V architecture in the future, and if it can be done well, Yahoo may be one of the standard setters in the era of artificial intelligence and the Internet of Things in the future. It is the main force leading the development of this era. Such benefits may not be reflected in benefits, but they can be the difference between a great business and an ordinary business. Simply put, it is the ability to attract and retain more talented people and idealists, and the potential benefits are difficult to describe. However, there is a premise, that is, Yahoo should not go in the wrong direction, do not fall in the dark night before dawn, and have a certain strength, without a material foundation foundation, excellent talents will not choose Yahoo.
I don't know if open source will have an impact on the collection of ARM's patent fees, Zhou Shi did not respond positively to the competition with ARM, and the reporter did not ask questions. Just one open source MIPS is enough to shock the majority of onlookers, and pay for the ideal with hundreds of millions of dollars, which is not something that anyone can do, unless it is a company like Google and Microsoft, which is not bad for money, otherwise few professional managers dare to make such a decision. In the previous life, MIPS was also split and acquired, and after seven or eight years, MIPS, which basically lost the opportunity in the market, was open sourced this architecture. At this time, perhaps no one thought of open source.
After the publication of this report, it quickly caused a huge response, and the applause and opposition were equally huge, in such a difficult situation, is Yahoo open source MIPS worth it?
(End of chapter)