Technology Bigshot

Chapter 20: Facebook Press Conference

Another day has passed. At this moment, the land of China is in the sleep, and the other half of the planet is just as high as the sun.

Menlo Park, California, USA, at 10:30 a.m. local time, at the Facebook headquarters here, the social giant is holding a press conference. All reporters were present.

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

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

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

"The following is the reporter's question time!" The voice of the news director sounded.

The reporters at the scene raised their hands one after another. Zuckerberg pointed and selected one. The selected person immediately stood up and said, "I'm Donny Parker, a special correspondent from The Wall Street Journal. Mr. Kerberg, what kind of Internet company is your strategic partner 'XlouS'? It seems that the name of this company does not exist in a famous Internet company in China. Facebook has spent a huge sum of 12 billion US dollars to buy only the exclusive license. What kind of product is 'Instant Online Interpreter'? Thank you!"

The camera at the scene hardly stopped, Zuckerberg on the stage listened to the reporter's question, nodded, pondered for a moment, and smiled: "The nature of our partner's business is not very clear, but it should belong to Internet technology. Company, this is a newly born start-up company, and it is reasonable for you not to understand. For the company to spend 12 billion US dollars to obtain the exclusive license of 'instant online translation', the company agrees that it is worthwhile, this is a A very excellent product, he was born for the Internet and for 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 all over the world through the Internet in major media and newspapers. There is no doubt that this news is like a depth bomb being detonated in the water. The world, the Internet and the Silicon Valley technology circle are not calm. The content of the news release has become the front page headlines of 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"

"The social giant 'Facebook' and the Chinese Internet company 'XlouS' have a new layout of 12 billion US dollars!" - "The New York Times"

"'Instant Online Interpreter', the new darling of the Internet, Zuckerberg once again proved his excellent vision and his strong courage, 'Facebook' dominance in the social field will not be shaken, this company from China called 'XlouS' '' emerging companies will become investment darlings!" - The Wall Street Journal

Shortly after the press conference, Facebook’s stock price rose 9.8% that day, with a market value of $447.3 billion, nearly equal to Microsoft (Microsoft). Among the top five listed companies in the world by market capitalization,

The first is Saudi Aramco from the Middle East, with a market value of 2.4 trillion US dollars; the second is Apple (Apple), the market value is as high as 642.7 billion US dollars; the third is Google (Google) The restructured Alphabet (umbrella company) has a market value of $581.2 billion; the fourth is Microsoft (Microsoft), with a market value of $449.6 billion; the fifth is social giant Facebook, with a market value of $447.3 billion It is close to Microsoft (Microsoft Corporation), and the difference between the two is only a small gap of 2.3 billion US dollars.

Analysts were very optimistic that Facebook (Facebook) surpassed Microsoft in market value on the day.

Compared with Facebook's soaring market value of nearly 40 billion US dollars, the stock prices of other social networking companies fell in response. It is no exaggeration to describe it as a plummet. Twitter plummeted 36% that day, and its market value fell below the 40 billion US dollar mark. Evaporated more than 23 billion US dollars, other social networking companies are also terrible. Similarly, as Google was affected by its social platform Google+, shares of parent company Alphabet (the umbrella company) were also affected, down 3.1% on the day.

Also affected by it is the domestic social giant Tencent (Tencent), whose stock price fell 6.7% that day, and its market value was 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. close.

When Zuckerberg learned that the company's market value had skyrocketed, his heart was already bursting with laughter. Although the $12 billion pained him, this effort has obviously paid off handsomely, and this is just the beginning.

After Facebook's official press conference, XlouS became famous and became famous all over the world overnight. Similarly, the product "Instant Online Interpretation" attached to the company also became popular all over the world, and this product officially entered the global vision in an all-round way. And XlouS, an Internet technology company, has also begun to be mined by people.

The powerful function of the company's product "instant online translation" is surprising. 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 a preliminary valuation of $36.5 billion with this product alone, and he emphasized that its potential is very huge, even more than Ren Hong's valuation. $1.5 billion higher. Moreover, the analysis emphasized that, according to the official news released by Facebook, XlouS's products can be quickly promoted to the world thanks to his strategic partners, and the social users of Facebook and its Instagram and other platforms are instant Online translation is the most potential consumer group, and the combined number of these users is as high as a terrifying 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 electronic devices such as computers or smartphones. application.

According to unreliable information, this Chinese company is developing the function of mutual translation between real-time voice and text. It is believed that after the launch of version 2.0 of real-time online mutual translation, it will undoubtedly be a good news for some video users, and this company The valuation will further increase.

Analysts on Wall Street have listed XlouS as an A+++-focused investment project.

As time went on, it turned out that everyone, including Ren Hong, had underestimated the potential of instant online translation, but that's another story.

(To be continued...)

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