Technology Bigshot

Chapter 20: : Facebook Press Conference

   Chapter 20: Facebook Press Conference

   Another day has passed. At this moment, the land of China has stepped into a dream, and the other half of the planet is upright on three poles.

Menlo Park, California, U.S., at 10:30 am local time, at the Facebook headquarters here. The social giant is holding a press conference. The press conference has been underway for some time. Nearly a hundred people came from major media newspapers around the world. All the reporters were present.

Facebook’s founder Mark Zuckerberg came to the podium in person, and then announced: “The company has recently drafted a new decision, and hereby officially announces that'Facebook' will cooperate with the Internet technology company'XlouS' from China. 'Together to establish a comprehensive strategic partnership. At the same time, it was officially announced that'Facebook' has spent US$12 billion to obtain the exclusive authorization of the product'Instant Online Translation' of the Chinese Internet technology company'XlouS' in the social field. This is the company's current So far, the single transaction with the largest denomination produced!"

   As soon as the spokesperson's voice fell, the reporters at the scene were in an uproar, the lights flickered, and there was a restless voice of discussion.

   This is definitely the explosive material of today's technology circle!

   "This is the time for reporters to ask questions!" The head of the news sounded.

The reporters at the scene raised their hands. Zuckerberg pointed and selected one. The selected one immediately stood up and said: "I am a special correspondent from the Wall Street Journal, Donny Parker. May I ask Zach Mr. Kerberg, what kind of Internet company is your strategic partner'XlouS'? It seems that there is no such company's name in China's famous Internet companies. Facebook has spent 12 billion US dollars with a huge sum of money and only bought the exclusive license What kind of product is "Instant Online Translation"? Thank you!"

The cameras at the scene hardly stopped. Listening to the reporter’s question, Zuckerberg nodded, pondered for a moment, and smiled: "The nature of our partners is not quite clear, but it should belong to Internet technology. Company, this is a just-born start-up company. It is reasonable for you not to understand it. As for the company’s $12 billion exclusive license for "real-time online translation", the company agrees that it is worthwhile. A very good product. He was born for the Internet and social platforms. The company believes that this product and our partners are of strategic significance to the company's development!"

   After Zuckerberg finished speaking, he pointed to the second reporter.

   Facebook’s official press conference is spread across the world through the Internet in major media newspapers. There is no doubt that this news is like a depth-water bomb being detonated in the water. The world and the Internet and the Silicon Valley technology circle are not at peace. The content of the press release became the headline of the major media newspapers that day.

   "Facebook spent 12 billion sky-high prices to buy the exclusive license of'Instant Online Translation','Instant Online Translation', what is it?"-"The Times"

   "Social giant ‘Facebook’ marries Chinese internet company ‘XlouS’, with a new layout of US$12 billion!"-"New York Times"

"'Real-time online mutual translation', the new darling of the Internet, Zuckerberg once again proved his outstanding vision and its powerful courage. The dominance of'Facebook' in the social field will be unshakable. This company from China is called'XlouS' 'The emerging companies will become investment darlings!"-"Wall Street Journal"

   Soon after the press conference ended, Facebook's stock price rose by 9.8% on the same day, and its market value was as high as $447.3 billion, which was close to Microsoft (Microsoft). Among the top five listed companies in the world by market capitalization, Saudi Aramco from the Middle East ranks first, with a market value of as high as 2.4 trillion US dollars; the second is Apple (Apple), with a market value of 642.7 billion US dollars ; Ranked third is Google's reorganized Alphabet (umbrella company) with a market value of 581.2 billion U.S. dollars; ranked fourth is Microsoft (Microsoft Corporation) with a market value of 449.6 billion U.S. dollars; the fifth is impressive It is the social giant Facebook, whose market value of $447.3 billion is close to that of Microsoft (Microsoft Corporation). The difference between the two is only a slight gap of $2.3 billion.

   Analysts are very optimistic that Facebook's market value will surpass Microsoft on that day.

Compared with Facebook's soaring market value of nearly 40 billion U.S. dollars, the stock prices of other social networking companies have fallen in response. It is no exaggeration to describe it as a plunge. Twitter plummeted by 36% that day, and its market value fell below the $40 billion mark. More than 23 billion US dollars have been evaporated, and other social network companies are also terrible. Similarly, due to the influence of Google's social platform Google+, the share price of parent company Alphabet (umbrella company) was also affected, and fell 3.1% that day.

Also affected by this is the domestic social giant tencent (Tencent). The stock price fell 6.7% that day. The market value was once close to falling below the US$200 billion mark. According to the current trend, it is very likely to fall below the US$200 billion mark. turn off.

   When Zuckerberg learned that the company's market value has skyrocketed, he was already laughing. Although the 12 billion US dollars made him painful, his effort obviously paid off, and this is just the beginning.

   After the official Facebook press conference, XlouS became famous and became famous all over the world overnight. Similarly, the product "Instant Online Mutual Translation" attached to its subsidiaries was also popular all over the world, and this product officially entered the global perspective. And XlouS, an Internet technology company, has also begun to be explored.

   The company’s product "Instant Online Translation" is surprisingly powerful. As Zuckerberg said at the press conference, this product was born for the Internet and for social platforms.

A market analyst from Wall Street said that XlouS, an Internet technology company from China, can reach 36.5 billion U.S. dollars based on the initial valuation of this product alone, and he emphasized that its potential is very huge, more than Ren Hong’s valuation. It is $1.5 billion higher. UU Reading www.uukanshu.com Moreover, the analysis emphasized that according to the official news released by Facebook, XlouS's products benefited from his strategic partners, and its products can be quickly promoted to the world, and Facebook and its Instagram Social users on other platforms are the most potential consumer group for instant online mutual translation, and the combined number of these users is as high as 2 billion or more. He believes that the reasonable valuation of this Chinese Internet technology company is 130 billion US dollars.

According to market big data, there are currently 3.3 billion Internet users in the world. For XlouS, this is an extremely exciting data. Almost every Internet user is a potential consumer of instant online translation. Almost every Internet user Users have reasons to buy this product. Whether it is a social user or other, as long as you surf the Internet, as long as you are interested in foreign websites but are hindered by communication barriers and other reasons, these people have reasons to install this on their computers or smart phones and other electronic devices application.

According to unreliable news, this Chinese company is developing an instant voice and text translation function. I believe that the introduction of instant online translation 2.0 will undoubtedly be good news for some video users, and this company The valuation of will be further improved.

   Wall Street analysts listed XlouS as a key investment project for A+++.

   Over time, I finally found that everyone underestimated the potential of real-time online translation, including Ren Hong, but this is something for the future.

   (to be continued...)

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