Chapter 478 [Google's Move]
Google Headquarters, Executive Meeting.
"Now technology stocks are dragged down by Bluestar Technology and continue to plummet, and batches of people are beginning to go to the rooftop, but for us this is an opportunity, Bluestar Technology is forced to spit out a large area of the market waiting to be received, and Google may become the biggest winner." Sergei Brin, one of the founders, could not hide his happy expression when he spoke.
Not only Google, but also Microsoft, Amazon, SAFTSE and other North American companies are now moving to the original customers of Bluestar Technology to promote their business solutions.
Right now, it's the rhythm of grabbing food and money.
This incident has affected many IT companies, and there are also many bankrupt small and medium-sized enterprises.
But to say that the worst North American company is the "blue giant" IBM, the "friends of North America" have actually been unhappy with IBM for a long time.
Because Bluestar Technology has announced the start of All in cloud services since 2006, IBM has made money just by relying on the orders given by Luo Sheng.
And this time, the worst thing is also IBM, not only is the follow-up list gone, but now it is entangled in a lawsuit dispute with Bluestar Technology.
Once it loses this lawsuit, IBM will pay a huge sum of $6.75 billion to Bluestar Technology, which is almost equivalent to spit out most of the profits eaten over the years.
Samuel is now furious, and his epic KPI goals for this year have long since gone bankrupt.
At the Google executive meeting, one of the executives at the meeting said: "Data from our evaluation department shows that the blow to Bluestar Technology has left at least more than $45 billion in market gaps." β
A group of executives also showed a greedy expression, at least $45 billion in the market blank, which is the result of seven or eight years of deep operation of Bluestar Technology.
Larry Page looked at everyone: "The cloud computing market is the focus, and now it depends on who is fast and has a low price to grab more share." By the way, what progress has been made with the negotiating team we have sent? What is Bluestar's attitude towards selling their cloud computing infrastructure such as data centers in North America? β
These large-scale data centers are all big money-eaters, and the high operation and maintenance costs are scary, and customers have been lost due to force majeure, and since Luo Sheng has made a decision to lay off one-third of its employees in the North American area.
In order to open up sources and reduce expenditure, these data centers should be sold the most.
One of the executives at the meeting shook his head and smiled bitterly: "Mr. Page, our negotiation team has been in contact with the senior management of Bluestar Technology, but unfortunately, they don't sell, and they haven't even thought about this problem." β
Paige turned his head to look at him and said, "What? Not for sale? Their data centers are empty there, and the annual maintenance cost is not less than $4 billion, are you sure you don't sell them? β
Eric Schmidt spoke: "Obviously, this shows that Bluestar Technology's confidence in a comeback is imperative, so they don't sell." Don't forget the terrifying size of Bluestar Technology's cash reserves, which, according to publicly disclosed information in their last audited statement, amounted to $221.8 billion, twice as much as Berkshire Hathaway and the largest group company in the world, which could sustain these data centers for more than half a century. β
Speaking of Berkshire Hathaway, the old stock god is using his long-standing cash reserves to buy some low-capitalization but high-quality corporate stocks.
Page couldn't help but scold in a low voice when he heard this: "Xie Te, Luo Sheng, a madman, never treats 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 illusions." β
Larry Page is very correct in his judgment of this, Luo Sheng will not sell it at all, and would rather waste it and raise it for money.
After five or six years of hard work, he would rather spend $40 billion in waste than be firmly in the hands of Bluestar Technology.
Isn't it just money, Bluestar Technology Group itself has more than 200 billion cash reserves, and Xiaojin has put so much money in order to cope with this day.
Bluestar Technology's money has been spent, and the family fund still has 300 billion cash reserves, Qin Weimu has now begun to actively prepare for Greece to make a big profit when it goes bankrupt, Greece will definitely declare bankruptcy this year, and the debt can no longer hold on, and the "black swan" event of Brexit can make a lot of money later.
Maybe this little money will be spent more and more rhythmically.
Page skipped the topic: "OK, another important point to talk about today is about the company's spin-off and reorganization, the proposal has been submitted to the board of directors for voting and passed, we will establish a parent company Alphabet, the original Google will only retain part of the business, slim down into a wholly-owned subsidiary, and some other cutting-edge projects will be spun off into independent subsidiaries, and the subsidiary Google together to form the Alphabet Group." β
The spin-off and reorganization is the result of Eric Schmidt's vigorous initiative, and although Google's development cannot be compared with a monster company like Bluestar Technology, it is also growing stronger and bigger, and at the same time it seems bloated.
Bluestar Technology did a good job and completed the spin-off and reorganization before the IPO, which Eric Schmidt also had to admire Luo Sheng's foresight.
However, even after the spin-off and reorganization, most of the original business entities still remain under the name of the subsidiary Google, including search, advertising, maps, apps, online video, Android, etc.
The subsidiary of the parent company Alphabet is the first to bear the brunt of Google, followed by early-stage venture funds, investment funds, X Labs, Boston Dynamics Machinery Company, which was just acquired earlier this year, life science projects, smart home Nest company, and so on.
The management team of the parent company Alphabet has also been restructured, with Larry Page as CEO, Sergey Brin as president, and Eric Schmidt as executive chairman.
The spin-off subsidiary Google will be headed by Sundar Pichai, a senior executive from India who was formerly in charge of Chrome OS and Android, and who is now one of the participants.
Basically, it is 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, and Eric's face changed slightly when he heard the news.
"Doctor, what's going on?"
Larry Page noticed the change in his expression, and everyone in the room looked at him.
As Eric Schmidt's assistant and secretary left the conference room, he looked around at everyone and said solemnly: "There is bad news from the other side of the ocean, Bluestar Technology announced that it will take the initiative to reduce corporate profits by 22.3%, and reduce profits by 30% in the advertising and cloud computing service sectors. β
Sergey Brin: "What? Are you kidding meοΌ β
Larry Page immediately opened the laptop in front of him and worked on the computer quickly, and the rest of the executives in the meeting were also confused by the news.
"Is he crazy?"
"Is the management of Bluestar Technology stupid?"
"Isn't it a contradiction that North America used to say that it would cut one-third of its employees for the purpose of opening up sources and reducing costs, and now it has taken the initiative to cut profits by more than one-fifth?"
"Luo Sheng's way of playing, even if Bluestar Technology has a huge amount of $200 billion in cash, it is not enough for him to squander."
"Maybe it's good news for us."
The executives at the meeting were talking, but Eric Schmidt said, "Good news? No, it's not stupid and it's not good news. This man's vision and business strategy are so terrible that I suspect he has more than $200 billion in cash in store to cope with today's situation. Remember a strategy announced by Zhang Bowen, executive vice president of Bluestar Technology Group? Bluestar Technology has invested heavily in emerging market countries in the third world, combined with this news, and forcibly supported its rivals through self-sacrifice......"
Eric Schmidt looked around at everyone and said solemnly: "Those former customers of Bluestar Technology are far away, so Luo Sheng will take measures to support their opponents, which will inevitably cause the original old customers to be terrified, which is equivalent to forcing the opponent to return." Take the Nebulas Star-Cloud solution as an example, this is the best cloud service in the industry, the price was high before, and now Luo Sheng takes the initiative to reduce profits and give profits to customers, Star-Cloud's international competitiveness will usher in a qualitative leap, Google-Cloud, AWS has no competitive advantage, and now it will only be worse. β
()
Chinese Net