Back To 1995

  Chapter 933 Return

   "Immelt is the most failed CEO in the history of General Electric!"

   "I can't believe it, this is a decision made by General Electric. If it wasn't for General Electric's announcement, I would even wonder if General Electric was robbed!"

  "Welch, the greatest professional manager in American history, should regret it now. The biggest mistake he made was choosing Immelt to be the head of General Electric!"

   Almost as soon as the news came out, major American media such as the New York Times, Los Angeles Times, and Washington Post, and even major overseas media platforms, BBC TV, French TV, NHK and other major media reported on it.

The local media in America are all angry at General Electric. Immelt was scolded bloody. I still remember last year, they were still touting that Immelt would become a new generation of professional managers in America. The benchmark now is all kinds of anger.

  The overseas media are mostly gloating. General Electric was once considered the crown in the history of American industry. Compared with General Motors, Ford, etc., it has attracted more attention.

   "The American industrial empire has fallen!"

  Being attacked by America, and took turns to clean up several waves of Japanese Benzene. At this time, many media made such headlines, and even secretly reported that General Electric today will be the end of Amerika tomorrow!

  Facing the overwhelming public opinion, Immelt also had to respond, "General Electric is making adjustments to some businesses in order to return to its main business this time. General Electric will acquire the British medical imaging company in the near future!"

The overwhelming public opinion, in the face of the huge pressure from the board of directors of General Electric and the outside world, made Immelt, who always likes to report good news but not bad news, in order to divert the attention of the outside world and secure his position, once again announced a $10 billion investment project. Knife's acquisition case is expected to invest 9.5 billion US dollars to acquire British Medical Imaging Company!

In the Welch era, General Electric continued to use acquisitions to increase its stock price and continue to pay dividends to shareholders. Immelt also continued to use this tactic, buying when in doubt, regardless of whether the purchase is useful or not. Anyway, as long as the acquisition is short-term The domestic stock price will definitely rise, the board of directors and the investment will be happy, and Immelt's position will be stabilized.

  Although there are constant doubts about Immelt, major Wall Street institutions have announced that they have adjusted General Electric’s ratings and changed them to recommended buys. Major banks and institutions have also re-provided loans to General Electric!

   Regardless of whether GE is the seller or not, but with nearly 50 billion U.S. dollars in cash from Song Yang, GE will never fail, and major Wall Street institutions have begun to feel relieved.

   Today, there are two most beautiful boys in the American stock market. Besides General Electric, it is ICQ. Today, ICQ's stock price rose by 11%, and its market value reached 77.8 billion US dollars!

  If the closing time is not too short, it is estimated that it can still rise a lot. ICQ, the big bull in the frenzy period of the Internet industry, once again led the entire Internet concept stocks to surge today, as if returning to the most frenzied period of the Internet.

   "Congratulations to ICQ for getting back on the right track, this is the most exciting news in Silicon Valley this year!"

The San Jose Daily immediately complimented the big benefactor. Alcatel Mobile is now the largest advertising provider of the San Jose Daily. In addition, ICQ and Double-Click also invested in the San Jose Daily and took part of the San Jose Daily. equity.

  "The cold winter of the Internet is about to dissipate. Bruno Song returned to ICQ. As he said, he never left the Internet. The second half of the Internet has begun!"

Another big "Song Chui" media, since Song Yang established the Hotmail mailbox, has become Song Chui's Oakland Tribune, and it also blew the charge again, and regarded Song Yang's regaining of the controlling interest in ICQ as an Internet issue. Iconic event!

  As for the American media circle, since Song Yang's debut, the "Connection Magazine", which has been promoting Song Yang, has been touting Song Yang even more.

  "If there is hope for the Internet, then the man who can save the Internet in America is probably that man!"

Kevin Kelly, editor-in-chief of Wired Magazine, personally wrote a comment, bringing Song Yang back to ICQ, which directly raised the point of bragging about the life and death of the Internet. The cover of the magazine used an old picture. Song Yang participated in an event , holding a baseball bat, swinging a blow, with a smile on his face, it seems that the winning ticket is already in his hands...

  Science and technology media are basically the same. As for Internet media, Yahoo, AOL, MSN, and Lycos America, the four major portals, even report this as the front page headline.

   Now the entire Internet and technology media are facing immediate despair after experiencing the collapse of NASDAQ and the collapse of countless technology companies. Song Yang's return to ICQ at this time has indeed brought hope to many people!

  Not only the media, but also major Internet companies, even Internet companies that are not in the "Bruno concept stock" camp, are also touting Song Yang's return. It seems that this time Song Yang's return, the spring of the entire Internet industry is coming.

   "Congratulations to Bruno Song, he made the right decision. Yes, Yahoo will continue to cooperate with ICQ. He was one of Yahoo's major shareholders. Of course, we welcome Song to the Yahoo board of directors!"

Because of the collapse of the stock price, the former president of Yahoo, Cooger, has also become history. He introduced Wall Street institutions into Yahoo, making Yahoo a plaything of Wall Street institutions. Get out.

  As for what Cooger has done for Yahoo and Wall Street institutions, no one cares about it at all. Coog, one of the most powerful figures in Silicon Valley, has now completely disappeared.

The new president of Yahoo is Semel, who worked at Warner Bros. for 24 years and vice president of Disney for several years. Blow it up!

  Semel is proficient in the media. It seems that he is touting Song Yang. In fact, he is also taking the opportunity to tout Yahoo and bring Yahoo back to the public eye.

  In addition to Yahoo, the new top ten websites in America, including AOL Time Warner, About website under the New York Times, CNET website, REAL and other companies, have all expressed their welcome to Song Yang's return.

  Song Yang spent 25.3 billion US dollars to regain the controlling stake in ICQ. For a while, the entire Internet industry was excited. It seems that the leading brother has returned...

Welch, who was sitting in the garden and preparing his memoirs, just sighed silently when he heard the news of the agreement with General Electric. Over there, the two parties are basically cleared up, and the next time General Electric encounters troubles, it has nothing to do with him at all.

   At this time, Welch's wife Susan, who had just received a package, let out an exclamation.

"This…"

  Susan covered her mouth and handed Welch a letter and a huge check.

When Welch saw the check for more than 22 million US dollars, he couldn't help being stunned for a moment. Then he saw the envelope, which was the "consultant fee" paid to Welch by the North American Global Investment Foundation. Welch He couldn't help but shook his head and smiled, thought for a while, but still didn't reject it, and asked Susan to keep the check, which was regarded as the recognition of Song Yang's status as a "consultant".

Looking at the overwhelming reports in the media, the co-CEO of AOL Time Warner, or the "former" AOL president Keith, saw the news that Song Yang had returned to ICQ, his face was full of bitterness. He wanted to compete with Song Yang and compete for the identity of the leader of the Internet. Now there is no need to fight anymore. Song Yang went back and staged a scene of the return of the king, but he is about to be out Already...

  Case’s confidant, AOL Time Warner executive Ted Leoncis, had an unwilling face at this time, "Case, you really want to leave AOL, this is the company you built!"

  Case knew what Ted Leonsis was thinking. Once he left, Leonsis and his confidantes who belonged to Case would probably be kicked out.

   "Jerry Levine has the accounts of AOL's acquisition of Time Warner in his hands. If I don't quit now, I'm afraid it will not be as simple as quitting. Maybe I will lose more, and even go to federal prison..."

Case said helplessly that when AOL acquired Time Warner, they made a lot of manipulations in the accounts in order to look good. Now Jerry Levine uses these accounts to tell Case that quitting AOL now can give him a decent exit. If he doesn't want to be decent, let him be decent!

"This guy!"

  At the Microsoft headquarters, Bill Gates, who also saw the news about Song Yang, couldn't help but feel a little sour when he saw the news that the entire technology industry was cheering for Song Yang's return.

  Microsoft is not doing well this year, but the technology industry has never treated him like this. If he is caught, he will be angry, and Bill Gates can't help it. How can the treatment between people be so big...

  (end of this chapter)