Chapter 397: Comparing the Bottom Line (Medium)

Something big is wrong!

When hundreds of millions of iPhones are no longer compatible with the Yahoo search engine, and the Sogo search engine appears on the built-in navigation page, even non-financial and IT practitioners know that something is wrong.

Yahoo and Hanhua have a combined market capitalization of more than $600 billion, these two tech monsters will go to war without even warning?

The surprise attack of the Orient caught Yahoo off guard, and they did not expect the war to break out in this way. In the eyes of those MBAs with professional backgrounds or executives with technical backgrounds, Hanhua has huge interests in Yahoo, and even if there is a conflict between the three parties, it will only be limited to Apple, and will not implicate Yahoo.

You know, GCA owns % of the shares, that's more than $40 billion in assets!

You know, in addition to SoftBank, Hanwha is the largest shareholder of Yahoo!

This is also an important reason why many directors support Yang Zhiyuan, both the board of directors and the company's actuaries have repeatedly calculated that the losses suffered by GCA in the field of wireless office will be less than the direct conflict with Yahoo. There are no eternal enemies, only eternal interests, and if Hanhua burns the war on Yahoo's head, isn't that harming their own interests?

But that's how the war happened, and Hanwha did not stop supplying Apple with electronic compasses, gravimeters and other essential parts for smartphones, but directly smashed the shells on Yahoo's head, and directly erased Yahoo Search for nearly 80% of mobile terminal users on wireless networks.

At the end of the day, Yahoo panicked as if the end of the world was coming, because at this critical moment, they couldn't find their chairman and CEO.

COO Terry Semel rushed to the company as soon as possible, but he refused to fight back immediately without Yang Zhiyuan's authorization. In fact, he couldn't tell whether it was an attack by Hanhua or a demonstration. Hanhua has such a big stake in Yahoo that if this is just a demonstration, and Yahoo overreacts, it is likely that a conflict that can be resolved through negotiation will detonate into a real war.

Despite the urgency of the situation, Terry still called the iTunes Store in front of Wharton's directors and asked why Yahoo's search engine was failing, leaving three points of leeway for Hanhua.

"Sorry, maybe a system error caused Yahoo's digital certificate to become invalid, and we are stepping up the time to deal with it?"

"How do you explain Sogo's engine?"

"Sorry, we don't know, we're in contact with Sohu North America. ”

There was also room for the other party's answer, and Li Jiaming's former personal assistant Wharton "happened" to be in the company, so how could Terry accurately judge? What's even worse was that Yang Zhiyuan and Li Jiaming's phone signals lost at the same time, which made the professional manager have to think deeper.

In recent years, Yahoo and Hanhua have gone hand in hand, and the two core characters are known as Chinese twin stars, and their personal feelings are even better. Even though the two had some skirmishes, GCA still fully supported them, and the two men also jointly invested in FL, laid the 3G industry standard with Intel in one fell swoop, and beat Texas Instruments, the former overlord of mobile phone chips, to the ground.

With all these things going together, Terry has to suspect that this may be a mismatch between the two sides during the negotiations.

Taking a step back, even though this was the beginning of the real war, a number of mobile phone manufacturers were indeed contacted to replace GCA's 'Excellence' system with IOS, but the process took time. At present, the mobile terminal market of the entire wireless network is controlled by Hanhua, and its "excellent" system of smart phones occupies more than 80% of the market, and the entire industrial chain is also based on the "excellent" operating system as the core.

Terry finished the phone call with a gloomy face, and a relaxed Wharton sat at his desk with his coffee, pretending to have Yahoo's financial statements for June in front of him.

And?

There is no such power.

Challenge?

Again, there is no such power, and there is no means to fight back.

The two were silent, and finally Wharton took the initiative to break the silence and reminded, "Terry, our boss's phone is not working. ”

"I know, what do you want to say?"

"Ok", Wharton put down his coffee cup and reminded again, "Terry, it's the boss who has the last idea."

Nonsense!

But Terry couldn't help but follow the words of others to think, this may be an incident of misfire, up to 40 billion interests, no one can use it as a cannonball. And if a war really breaks out between the two sides, the first thing to bear the brunt of it is the iTunes Store, even if it needs to go through a lengthy lawsuit, the iTunes Store will eventually have to compensate Yahoo for its losses, which will be another 10 billion.

50 billion?

Can Hanhua make that kind of determination?

I can't get down, so Wharton stays here after work, but he is a lawyer, and he speaks very carefully, so that Terry can hear what he means without falling into his mouth.

"Terry, do you think the big people who can be worth more than 10 billion are more rational than emotional?"

Isn't this nonsense?

Not, Terry nodded silently, signaling that he wouldn't overreact.

"Ok, when I was still working as a private legal counsel, I heard my boss say a hypothesis. He said that if Bismarck had been Germany's prime minister for 10 years and had not allowed German diplomacy to lose its flexibility, World War I would have been largely avoided. ”

"We are not Germany!"

"But we are the British Empire, and in the field of mobile terminals of wireless networks, we are the British Empire!"

Terry suppressed the anger in his heart, and also picked up the cold coffee in front of him, motioning for the other party to continue. The situation is stronger than people, and if Hanhua can be allowed to retreat temporarily, he can win time to fight back.

"Ok, if we reach a consensus on this issue, it is a question of who will be the last winner. After World War I, the British Empire fell, and although it was able to maintain the face of the empire, it was eventually replaced by the United States, and there was no possibility of regaining its glory. ”

Terry was about to retort, but Wharton motioned him to calm down, and continued: "Hypothetically, I'm talking about hypothetical, if the British Empire had fought back with all its might when Germany tried to challenge, perhaps Germany would have pressed its ambition to concentrate on dealing with their domestic problems and developing with peace of mind, rather than trying to solve problems with war. In time, Germany will not necessarily become the leader of Europe, ruling the world together with the British Empire.

This, of course, requires a lot of political wisdom. ”

After saying that, Wharton didn't give Terry a chance to speak, and took the initiative to reach over and forcibly shake his hand and leave.

This?

Terry watched Wharton leave, waiting for the office door to close before coming to his senses.

Is this a warning from GCA?

Does this mean that the two sides can negotiate a solution?

But looking back, what the other party said may not be unreasonable. If Yahoo and Hanhua clash head-on, it will only be UNG, the mobile phone manufacturers that are ready to join the IOS camp, and the ambitious Sogo, and it will definitely not be Yahoo.

Yes, it can't be Yahoo, because as soon as Wharton came out of Yahoo headquarters, he went to visit Tim Cook. The CEOs of the two giants, he and Apple, dragged themselves to the Four Seasons Hotel in Welterson, just to give them time to crisscross and close.