Rebirth of the Tech Madman - Chapter 1026
The reports of mainstream newspapers are not just the front page—the New York Times has 14 articles about the merger on this day; the Wah Sheng Shield Post has 15 articles, and the Wall Street Journal has 21 articles. .
As a result, the concept, brewing, and every detail of mergers and acquisitions is under the supervision of the microscope and is analyzed comprehensively and thoroughly.
What is this is a “major merger of the century”, “terrible mega merger”, “a combination of courage and glory”, “super marriage between the earth and cyberspace”, and so on.
At the same time, the merger of AOL Time Warner Turner also appeared on the cover of all important weekly magazines.
The cover article of “Business Week” reads-Digital new media will develop faster than traditional old media, and eventually surpass the latter; the leader of the network economy will become the ruling group in the 21st century. And this merger is proof that a new world order is taking shape.
AOL Time Warner Turner’s own “Time” magazine naturally has a voice, but more often uses a seemingly objective form of interviewing third-party professionals.
For example, the famous Silicon Valley investor Roger Melnam said, “This is the biggest transformation event I have seen in my career.”
There is even a kind of exclamation—Tang made the headquarter of America Online and moved its headquarters into the Rockefeller Center. He may have foreseen the current super mergers and acquisitions! If you still want to satisfy AOL’s appetite, it is estimated that Tang will have to buy Wal-Mart.
Of course, while there are approvers, there will certainly be skeptics—but interestingly, most of them come from the losers or frustrated people in the political struggle of Time Warner.
Nicolas Nicholas, who was once the CEO of Time Warner for a short time, published his views on AOL Time Warner Turner’s acquisition to Wired magazine—as far as Steve Case is concerned, this is an excellent one. He used the expanding network economy to buy real assets for the mergers and acquisitions. But from the perspective of a Time Warner Turner shareholder, he doesn’t know how to describe it.
There are also some so-called neutrals who, with a calm attitude, analyzed the neglected financial figures under the prosperous appearance of AOL Time Warner Turner’s merger and acquisition.
It’s from Time Warner Turner’s side-Carlo Loomis, the senior editor of Fortune’s publication, is one of the most daring critics.
With a background in accounting, she unceremoniously pointed out that the value of AOL Time Warner Turner has risen to more than 300 billion US dollars. It is a trick, meaningless, like pushing a boulder up a mountain.
However, these voices of dissent under the circumstances are very good, except for the unconventional sense of existence, they also have little meaning.
After all, when most people invest, they are not obsessed with the fact that the value of the stock market must be based on real financial figures and the bottom line of value.
Unless one day in the future, AOL Time Warner Turner’s merger proves to be a failure, Nico Nicholas, Carlo Loomis and others will be remembered and promoted to the altar of prophecy.
But the crux of the problem is that this “foresight” is currently in the hands of Tang Huan.
If the historical trajectory remains the same, then AOL Time Warner Turner will have the golden two years of the Internet bubble constantly approaching its peak, to suppress and whitewash various contradictions including the distribution of power; and the next third year, also Enough to use it as a buffer time.
In this case, if Time Warner can’t be wiped out, the richest man, who has a lot of soldiers, would rather admit it!
You know, this is an era of capital madness-in early April, when the Hang Seng Index on the Hong Kong side was still struggling between offense and defense, the Dow Jones Industrial Average on the US side had historically reached 9,000. Point above.
The expansion forces are not the only ones in telecommunications, it, media and other fields that have shown the limelight. Wall Street is also acting. Also in early April, Citigroup and Traveller Group merged into Citigroup, becoming the first US commercial bank and investment bank. A financial group that integrates banking, insurance, mutual funds, securities trading and other financial services.
The merged Citigroup has total assets of 700 billion US dollars, net income of 50 billion US dollars, 100 million customers in 100 countries, and 60 million consumer credit cards.
As the saying goes, a mountain is even higher—in comparison, the US$300 billion worth of AOL Time Warner Turner dwarfs.
The reason why it has attracted such overwhelming attention is nothing more than the inherent star attributes of the media, entertainment, and the Internet, as well as the transformation of the form of marriage.
More importantly-AOL, an Internet company with a development history of more than ten years, bought Time Warner, which has more than half a century of experience. It is too envy and hatred; and the people in Time Warner are very envious of Jie. Rad Levine’s long-term dissatisfaction has accumulated and the grievances accumulated must be vented.
When Tang Huan left New York, he deliberately had a meeting with AOL Time Warner Turner’s board chairman Steve Case, co-chief operating officer Robert Pittman, and chief financial officer Michael Kelly. The problem of “digestion” after the merger.
In this new group, AOL and the original Turner Broadcasting Company belong to the same faction, and Time and Warner are the targets to be “digested”.
Tang Huan spoke about this: “The next year will be the most critical period for AOL to digest the fat in the mouth.”
“For the time being, we can breathe a sigh of relief that the external environment is still relatively loose-the Federal Trade Commission, the Federal Communications Commission and other review agencies will gradually release them; competitors in the industry are also busy with digitization and networking…”
“As for internal resources, integration is very difficult-whether traditional businesses can smoothly move to the Internet and attract traffic that contributes to advertising benefits will become a hard indicator of whether the merger is successful.”
Steve Case smiled and glanced at Robert Pittman, and then confidently said: “Robert has become the second person under Gerald Levine, and has gained enough control over Time Warner. “
Tang Huan also glanced at Robert Pittman, who was full of spring breeze, “Of course I can rest assured of your execution ability. But the key to digest Time Warner is not Gerald Levine, but corporate culture.”
“I have seen with my own eyes many years ago how Microsoft and ibm, who are in the cooperation of personal computer operating systems, and the engineers on both sides who are responsible for specific tasks, look at each other’s eyes, which seriously affects their work.”
“For example, with the popularity of the Internet economy, when AOL executives are on business trips, they either lavishly sit in the first-class cabin, or they are rich in bagging a plane; and the time-warner Turner of the “rules-and-behaved” Time Warner Turner The management of the company basically can only go to the economy class.”
“Believe it or not, in Time Warner’s eyes, AOL is just a nouveau riche at the right time.”
“This gap is exactly the same as the Microsoft programmers who got stock options and had tens of millions of dollars at the time, and the ibm engineers who only paid their duties.”
Seeing Steve Case, Robert Pittman, and Michael Kelly laughed disapprovingly, the richest man raised his brows and said solemnly: “It took you a lot of hard work to get to where you are now. However, there is no need to use this sense of superiority to satisfy one’s conventional psychological needs. Instead, for work, we should eliminate the negative effects of this “human nature” and realize the integration of the new group as planned.”
The three of course understand Tang Huan’s urge to “stop pretending to be Boe and integrate with the broad masses of Time Warner”, but the AOL group has become accustomed to “swaggering”. This is also due to the inertia of a young company’s success, and they are now changing their course. It’s really not easy to get up.
Feeling that Tang Huan’s eyes became sharper, Robert Pittman, the chief operating officer second only to CEO Gerald Levine in the daily management of the company, said with a deep voice, “Then, I will first Replace my Lamborghini sports car.”
After all, everyone is smart, or else they wouldn’t be able to sit in their current position-Steve Case and Michael Kelly have also humbly stated that they will pay special attention to how to “be grounded” in the future.
Seeing that they understood the essence of their proposal, the richest man slowly put away his aura, stood up, and said indifferently: “Gerald Levine’s integration with AOL Time Warner Turner carries a kind of The idealistic color should be guided by the situation-philosopher and philosopher software will continue to inject attractive new Internet applications, such as blogs, to AOL to continuously strengthen its own strength.”
…
When Tang Huan got on the Silicon Valley One flight to San Francisco, he had already made a decision in his mind-AOL was already “fed”, and it was time to step up efforts to promote Yahoo, which entered the fast lane of development.
The acquisition of AOL Time Warner Turner is of course a very hot business transformation case. Once the richest man returned to Silicon Valley, he went to Stanford University, which has become one of the talent cradles and think tanks of the Down Kingdom. Give a lecture for the topic.
After interacting with the elites of Stanford University, Tang Huan finally left the venue and walked casually around the campus to relax the nerves that had been tight for a long time.
Inadvertently, the richest man saw his old three Jinming, in the shade, talking with Chelsea Clinton, who was wearing a pair of sunglasses covering most of his face, and a White House secret service was not far away. His plain clothes, tried his best to guard without a trace.
The current American’s number one gold medalist officially came to Stanford University last fall, majoring in history.
Although Bill Clinton and Hillary Clinton deliberately chose to send their daughters to the West Coast of the United States in order to avoid media harassment, there were still about 250 journalists on the day of enrollment, closely following the White House. Convoy and agents.
In order to ensure safety, the windows of the student dormitory where Chelsea Colinton lives are equipped with bulletproof glass, surveillance cameras are placed in the corridor outside, and a female agent in plain clothes stays with her in her dormitory.
Judging from the current situation so far, this careful arrangement has indeed provided Chelsea Clinton with a relatively quiet growth environment.
Tang Huan walked over with his hand; Jinming and Chelsea Clinton talked quite attentively and did not notice him; the Secret Service plainclothes only glanced at him, and then looked away.
Just listen to Jinming said: “I’ll just say, this speech is worthy of your coming out and listen to it on the spot.”
Chelsea Collinton nodded and said: “Uncle’s speeches have always been very attractive, otherwise, I would not listen to your ideas.”
Jinming shrugged, “I have advised you so many times, don’t be affected by those adults, we have our own world-look at our home, how chaotic it is, but how orderly.”
…
The richest man raised his brows—you brat, in order to enlighten others, you dare to arrange your laozi behind your back!
In fact, Tang Huan heard from the women in the backyard and heard about the zipper incident of Bill Clinton. The noise became louder and louder, and the focus of the contradiction shifted to the height of “whether to lie or obstruct justice”. It also affected Chelsea Clinton, who regarded his father as an idol.
In short, the perfect and tall image in the little girl’s heart collapsed, and people were depressed—they used to be very approachable to communicate with everyone on campus, and there was no such thing as America’s No. 1 gold medal; but now the scope of activities is only left. When I got off the two-point line between the classroom and the dormitory, I was afraid of seeing any mockery in his eyes.
It is estimated that by now, Chelsea Clinton is left with such a childhood friend, college classmate and close friend as Jin Ming. U U Reading www.uukanshu.com
It seemed that there was a spirit in his heart. Jin Ming turned around abruptly. He just saw Tang Huan who was a few steps away. He was suddenly excited and quickly said with a guilty conscience: “Dad, why are you here?”
Chelsea Clinton greeted with ease: “Uncle, if I saw too many people just now, I would like to squeeze over to sign.”
The richest man smiled kindly, “If you really want to sign, uncle will fill you up with a notebook.”
Chelsea Clinton exclaimed with a girlish mind: “That’s a deal.”
Tang Huan nodded slightly, then glanced at Jin Ming faintly, and said faintly: “Remember to go home for a meeting in the evening-I have been too busy recently. Your brothers should help share the burden.”
…
In the evening, when the children of Tang gathered together, Tang Huan, the old man, did not forget the stubble during the day, and moved his third son. “You guys have a way of chasing girls. You know what it means to take advantage of it. Into the emptiness!”
Jinming hurriedly humbly laughed and said, “These are all inherited skills and cannot be separated from your inheritance.”
Sitting diagonally across from Jin Ge, he muttered, “Isn’t it? If my mother fell into the trough of career and life because of the fake passport incident, could you be chased by you, a poor boy at the time? “
Jin Yan, who was sitting behind Jin Jie, answered the words recklessly: “Isn’t it? My mother fell into the devil’s claws like this at the beginning.”
Tang Huan’s face immediately sank, “Go away!”
Jin Ge and Jin Yan shivered, picked up Little Maza, and exchanged positions with Jin Jie and Jin Fang respectively.
Tang Huan squinted his eyes and continued to scold, “Get away!”
Two brothers Jin Ge and Jin Yan silently moved their little Ma Zha to the door.