America's Road to Wealth

Chapter 334 Reflection of Status and Influence

As the founder of Qualcomm.

Owen Jacobs, only holds 0.13% of Qualcomm shares.

It's fine when shareholders' ownership is widely dispersed.

Irwin Jacobs can firmly control this communication company with the authority of the founder.

Once someone is really interested in this company and holds a majority of the shares.

The authority of the founder is also useless, he can only act as CEO.

But the more important position of chairman had to be surrendered.

Fortunately, Qualcomm at this time is in the darkest moment before dawn.

Erwin Jacobs did not yet know that the dawn was coming.

In this dark moment, someone is willing to come out to "save" Qualcomm in the quagmire.

This person is still so rich and has such a high status, the founder is still very happy.

Therefore, Owen Jacob also supports Abel's entry.

When Abel promised to inject more funds, he raised his salary by 30% in the company-wide salary increase.

Erwin Jacobs was even less resistant to him.

In the conference hall on the top floor of Qualcomm headquarters, Irwin Jacobs sat in front of Abel.

There are some documents in front of Abel, all of which are Qualcomm's detailed information and some confidential research directions.

In 1998, after Qualcomm sold its mobile phone division.

He began to concentrate on researching semiconductor chips and various communication technologies.

At present, Qualcomm has only three subsidiaries, namely Qualcomm Semiconductor Business (QCT) and Qualcomm Technology Licensing Business (QTL).

The former mainly develops and produces wireless chip platforms and other product solutions, and it is the birthplace of chips such as Snapdragon.

The Qualcomm Technology Licensing Business (QTL) department is a well-known patent hooligan.

The legal department of this subsidiary will be comparable to Disney in the future.

The task is to fight lawsuits all over the world all day long, and the targets of the lawsuits with it are all the giants of various countries, or even the governments of various countries.

It is also the most expensive sub-department of Qualcomm, except for the R&D department.

The annual fines paid to governments around the world, as well as the legal fees paid to lawyers, are astronomical figures.

As for the last department, it is called Qualcomm Ventures.

This department was just established last year, and it is mainly used to invest in small high-tech companies related to communication technology.

The company's starting capital was agreed to be [-] million US dollars, but it has been a year now.

The actual funds invested are less than 5000 million US dollars.

When even the head office is short of money, how can Qualcomm get the money for the investment company to invest.

After roughly reading these materials, Abel had an idea in his heart.

That is. Since I have built Tesla in advance, I still want to promote the emergence of electric vehicles in advance.

Now I have Qualcomm, the most important core enterprise of the future mobile Internet.

Why can't I bring out the mobile Internet era ahead of time?

In the parallel time and space, the first year of the emergence of the mobile Internet should be the official launch of the 3G network.

But it really made the mobile Internet popular, and suppressed the old-timer Internet to death.

That should be the popularization of 4G signal.

In this 2G era when the mainstream signal is still GSM/GPRS, 4G is still a bit far away.

But the 3G era, Abel remembered, was not too far away.

He remembered that in China, there seemed to be 08G signals after 3.

In this era where the United States is leading the trend.

Abel felt that 3G in the United States should appear earlier than China.

Thinking of this, Abel asked Owen Jacob softly.

"Owen. I remember according to the standards in your industry. The mobile phone signal we are using now is the second generation, which is the so-called 2G, right?"

"Yes." Owen Jacob nodded, "There are many signal standards that are popular around the world, but all of them are developed from TDMA and our CDMA technology."

Most of the mobile communication technologies have been derived from these two.

Time division multiple access technology (TMDA) first appeared, and the investment of industry giants in those years was basically invested in this field.

The chicken thief's Qualcomm decisively researched CDMA (Code Division Multiple Access) technology.

Also take advantage of the attention of the major giants, when they are all on TDMA.

During the two years from 1989 to 1991, Qualcomm applied for almost all CDMA-related patents.

By the time the giants found out, Qualcomm had become the king of CDMA.

"It seems that the GSM signal is the most used now?" Abel asked.

What Abel still remembers about the 2G era is PHS and GSM network.

PHS is the CDMA technology, authorized by Qualcomm.

As for GSM, Abel didn't know that it was actually a master of TDMA technology.

It was first proposed by Nokia, and it was quickly promoted in Europe, and then globalized, becoming the most mainstream mobile phone signal.

Nokia is also one of the world's undisputed mobile phone hegemons with the patent of this technology.

"It can be said that." Owen Jacob said softly: "But I believe our CDMA is the real future of mobile communications!"

Abel nodded, he was actually concerned about his next question——

"I have read relevant information. I know that the next generation of mobile communication technology is called 3G. Owen, what I want to ask is, when do you think the 3G era will come?"

Owen Jacob's answer surprised Abel a little.

The founder of Qualcomm said: "It is already on the way. Since this year, Verizon Communications, AT&T, and T-Mobile, these three companies have begun to lay 3G network base stations."

"So fast?" Abel was surprised.

He knows these three companies, they are the three giants in the US mobile communications industry.

Its status is the same as that of China Mobile, China Unicom, and Telecom, except that they are also private companies in the United States.

"Yes." Owen Jacob smiled:

"It is estimated that the network test will be available at the end of next year, or at the beginning of 03. If all goes well, 3G signals will appear on federal land after 2003."

The news revealed by Owen Jacob immediately made Abel realize——

Mobile Internet 1.0 is coming! !
Without him pushing, with profit and competition.

The three major mobile communication giants in the United States are more active than anyone else in promoting its arrival.

Abel couldn't help but feel a little rejoiced, no wonder his talent made him have to control Qualcomm within this year.

Wait until next year, when the three major mobile communication giants in the United States realize that 3G is ahead of 2G.

The advantages of cmda on 3G will make everyone understand the value of Qualcomm.

That's when the cesspit begins to degenerate into a gold mine.

The difficulty of acquisition will not be like it is now.

Abel couldn't help but heaved a sigh of relief, while feeling a little dark in his heart.

He encouraged Erwin Jacobs a few more words.

He left Qualcomm at [-] p.m. for Pacific Energy, which still has headquarters in San Diego.

After two hours at Taiping Energy.

He boarded a helicopter directly on the tarmac on top of the Pacific Energy headquarters building, left San Diego, and returned to Santa Barbara.

Two days later.

evening.

Beverly Hills, 812 North Bedford Road.

"How about this one, my dear?"

Abel, who was sitting on the sofa with his legs crossed and a notebook on his lap, was reading the company's internal emails.

He raised his head and saw Anne Hathaway wearing a black double-breasted round neck coat with a white black border on her upper body. On her head with a high ponytail, she was standing with a black velvet headband inlaid with pearls. The door of the cloakroom.

"Well, yes, but what about your skirt or trousers?"

Abel looked at those big white legs and couldn't help raising his eyebrows jokingly.

The corner of Annie's mouth was raised, and she reached out and took a pair of white pants from the side, gesticulating with them, and asked Abel to make suggestions.

"Just this set, it's very beautiful." Abel felt good, and after finishing speaking with a smile, he continued to look at the information on the computer.

Annie didn't bother him either, she happily went to make up and change clothes by herself.

Abel had been on the West Coast for a while, and his women knew about it.

He lived mainly in Santa Barbara during this period, and they all knew it.

They even knew that where Abel lived over there, there were two women.

One of them was still pregnant and the child was his.

But what can they do?

A woman who has not become a member of the Smith family office is not qualified to know these things.

Knowing that there is no confidence.

Models like Elizabeth's back garden, and Sophie Marceau.

As for those women who can know these things and have joined the Smith family office.

It was even more difficult for them to leave him.

I can only scold Ikana and Paris in private.

In front of him, lose your temper or something within his tolerance.

And Abel, who left Santa Barbara and came to Beverly Hills, was the first to live at his side.

Annie was very happy, and felt that this was a manifestation of her relatively important psychological status in him.

When I heard Abel say that there is a reception tonight and I plan to take myself there.

Annie was even happier.

At this time, she didn't even have time to please Abel, let alone lose her temper in front of Abel.

Half an hour later, Anne, who had changed her clothes and put on makeup, came to Abel's side.

She didn't dare to disturb him, so she sat obediently and quietly, staring at his perfect profile like a marble sculpture.

Until Abel finished his work and saw her dressed up sitting next to him.

He just remembered, "Oh, it's time."

Abel smiled and said, "Let's go, let's go to the reception."

"OK!"

Annie nodded excitedly, was held by his hand, and walked outside.

The reception they were going to attend was held in Beverly Hills.

The initiator of this reception is one of the super tycoons in the American media industry.

The famous founder and chairman of News Corp., the new American-Rupert Murdoch.

Murdoch hosted a lavish reception at his Beverly Hills estate.

Abel, who lives on the west coast, naturally received an invitation from Murdoch.

For the media industry or Hollywood, this reception held by Murdoch is as attractive as the top reception of Vanity Fair.

Like Annie, after she had Abel, she didn't think much of this kind of reception anymore.

But without Abel, she might not even be eligible to attend this kind of reception.

In order to be able to participate in this level of reception, in order to be able to enter the venue to find opportunities.

Just the qualification to enter is almost enough to make most of the young stars who are far away from the fourth line, and those young rookies who have just entered the industry, pay everything for it.

For Abel, this is the biggest reception in the eyes of Hollywood.

In his eyes, he didn't think it was interesting, and he didn't even want to go.

It was only after he learned about Murdoch's purpose of this reception from his own people that Abel accepted the invitation.

The place where Abel lives now is not very far from Murdoch's villa.

Everyone is at the top of the mountain, and it will only take more than ten minutes to walk there.

But how can a tycoon travel on foot?

It is still the standard equipment when Abel travels.

There are a total of seven Cadillacs, 3 SUVs, 3 sedans, and a modified Cadillac monster in the middle.

The convoy left 812 North Bedford Road and was only five minutes on Peak Road in Beverly Hills.

We came to the Murdoch Villa, which was brightly lit and located at the core of the hilltop.

It was around eight o'clock in the evening when Abel and Annie arrived.

Generally speaking, the receptions of European and American elites will start around six or seven o'clock.

Until around nine to ten in the evening.

Regardless of whether the reception started at six o'clock or seven o'clock, if the participants arrived at eight o'clock, they could be considered late.

But that's for the average attendee.

In relatively high-end receptions in Europe and America.The person with the highest status has always been the one who arrives later and leaves earlier.

Only those with low status who are not high in status and who desperately want to make money in the reception will arrive at the earliest and leave at the latest.

As the boss of the new media giant Smith Media, he is no less than Murdoch's Abel in the media field alone.

He is clearly of high stature.

If you count Abel's influence in other places, even Murdoch can't compare to him.

For him like this, to attend the reception held by Murdoch, it can be said that he was willing to come here to show Murdoch face.

Being late and being late is naturally nothing.

Speaking of which, the first meeting between Abel and Murdoch was also at a reception.

That was last year.

A charity reception held in Manhattan by several New York media giants and the Texas Commercial Bank.

At that time, Abel participated, and because of the insistence of the Texas Commercial Bank, he also sat on the main seat, which surprised many rich New Yorkers at the time.

You must know that reception, this is the second time that Abel has appeared in the mainstream sight.

The first time was the reception held by the Hilton family.

Murdoch was also at the helm at the time.

Judging from the identities of the two parties at the time, Abel was not qualified to sit at that table.

In other words, at that time, Abel was inferior to Murdoch in terms of social status in the United States.

Now a year has passed, and it is only a year.

Murdoch's status is still the same, but Abel has advanced by leaps and bounds.

He has grown to an existence that Murdoch can't match.

The so-called feng shui turns in turn.

Abel felt that the feng shui in the United States for the next few decades would be on his side.

Because of the late arrival, Abel's motorcade didn't have to be like the cars of those Hollywood superstars who came early.

At six or seven o'clock, just outside Murdoch's villa, there was a long queue of traffic jams, which was photographed by reporters.

There were still many reporters outside when Abel's motorcade arrived.

These people also want to take pictures of celebrities leaving the scene.

"Oh! Look at that convoy, all Cadillacs. Don't think about it, it must be Abe Smith!"

"Murdoch is still great. Even Abel Smith can be invited. I remember Redstone's banquet last month, but he was not invited."

"What nonsense are you talking about! Last month Abe Smith was saving the stock market in New York! Not in Los Angeles, of course Redstone couldn't get it!"

"You're a CBS reporter, so of course you've said good things about Redstone."

"Fake YOU!"

"."

There was some commotion among the entertainment reporters.

Abel was the first car in the motorcade and handed over the invitation letter at the gate of the villa.

After confirming the identity of the convoy, other guests could only get off at the door and enter.

Abel's convoy, but the entire convoy drove in.

At the same time, the interested people who participated in the reception.

He also immediately discovered that Murdoch's son, James Murdoch, trotted all the way to his father, and whispered a few words to Murdoch.

Murdoch, who was talking to a few guys in suits and leather shoes, immediately said "Excuse me", and then walked outside accompanied by his son.

More than 100 guests at the reception all looked at Murdoch and his son.

They didn't know what happened to make Murdoch and his son so moved.

After Murdoch and his son left, the CEO of News Corporation, Levin, also stood up to entertain everyone.

Even with doubts and curiosity, no one dared to leave right now.

Fortunately, Hollywood, or the media industry, has always been the most well-informed industry.

This kind of well-informed is also reflected in the reception.

Soon someone received a text message from the guarded entertainment reporters outside the Murdoch estate.

In the past six months, two films have been released in a row.Both received very good box office of Hollywood's new first-line actress Angelina Jolie.

She held the mobile phone and whispered excitedly to her friend Gwyneth Paltrow, the 1999 Oscar winner: "It's Abel Smith!!"

in the present present.

Gwyneth Paltrow has a better status in Hollywood than Angelina Jolie.

Gwyneth Paltrow has already won the Oscar queen, even if she is called the queen of water afterwards.

That was also the Academy Award for Best Actress.

In the same year, Angelina Jolie won the Best Supporting Actress, which was still a notch lower than the Queen of Water.

The two have a good relationship in the circle, and they are the core members of the "Bi Le Ge Chi Sisters Group" in Hollywood.

"You mean to say that Murdoch and his son went out to pick up Abel Smith?"

Gwyneth Paltrow said in a low voice.

"It should be like this!" Angelina Jolie nodded softly:

"The paparazzi guarding outside Murdoch's villa, sent me a message saying this!"

Gwyneth Paltrow nodded, just about to say something.

They saw other Hollywood stars around them, as well as the reception guests commotion.

It turned out that the Murdoch father and son were already smiling, walking out with a tall man and a woman.

Those young men and women who walked side by side like a pair of lovers, who else were they not Abel Smith and Anne Hathaway?
"Wow!" whispered Gwyneth Paltrow, "It's really Abel Smith coming!!"

"Well. Only he will let Murdoch and his son greet him in person!"

Angelina Jolie also whispered.

Angelina Jolie feels understandable about this.

She felt that if it were someone else, even Lei Shidong, who had the same status as Murdoch, would come.

It is estimated that there will be at most one James Murdoch, the son of the old Murdoch, to greet him.

Angelina Jolie, who had met Abel at former CAA CEO Michael Ovitz's reception, and at the premiere of Disney's "Princess Diaries".

This famous Hollywood she-wolf.

At this time, like other "she-wolves", Abel staring at Anne's side all had green eyes!
The story of Charlize Theron hooking up with Abe Smith at a reception and flying from there.

Which Hollywood actress wouldn't want to do it all over herself?
(End of this chapter)