Chapter 502 Google's Compensation: 5.5% Settlement
Chapter 502 Google's Compensation: 5.5% Settlement
After spouting a string of nonsense, Lei Jun waved his hand again.
"Students, you live in the best of times. The wave of China's technological rise is right beneath your feet."
Therefore, I sincerely invite everyone to join DaMi after graduation.
Let's work together to create the coolest products, change the world, and make Chinese technology available worldwide!
As soon as Lei Jun finished speaking, everyone in the audience, regardless of their attitude towards him, nodded subconsciously.
After all, information online might be false, but the attitude Senior Lei displayed in front of them...
It's definitely not the same as what they learned online.
He is like a leader with dreams and ability.
Adding rice might be the right choice.
The students in the audience, especially the girls, had stars in their eyes and couldn't wait to join the rice company.
Shen Fei: I wholeheartedly agree with your decision.
After the speech, in order to further establish his tragic persona, Lei Jun deliberately left a few minutes for the students in the audience to ask questions.
"Mr. Lei, now that Transsion has relaunched Bird and is focusing on cost-effectiveness, will Xiaomi feel pressured facing the combined threat from Bird and Honor?"
When asked about this issue, Lei Jun remained very composed:
"Healthy competition is a good thing."
We welcome all our partners to join us in expanding the domestic mobile phone market.
The advantages of rice are its size and its software development capabilities; we are not afraid of competition.
Another round of applause erupted from the audience. The female students in the literature department had even brighter eyes. After all, Senior Lei was too domineering. They wondered if he would leave them some backdoors.
Then I answered many more questions, including about the future plans for rice and information about recruitment.
Finally, all the students at Yinghan University cheered, after all, Lei Jun had promised to recruit 1500 people from Yinghan University this year.
After the speech, Lei Jun and school leaders signed a framework agreement for school-enterprise cooperation and a corresponding donation agreement, with the help of media reporters.
Of the 200 million yuan, 20 million yuan was used for scholarships and 180 million yuan was used to build a new teaching building.
#Lei Jun gives back to his alma mater#
#RiceDonates200Million#
With the help of trending topics, the once timid Mi Fans suddenly stood tall.
"Wow! Mr. Lei is really something. He just secured funding recently, and he's already using the money for his alma mater. Who else can compare to him as an entrepreneur?"
"This brings us to a certain leading manufacturer that swindles so much money from the domestic market every year, yet is unwilling to invest any of it in basic education."
"After all, money that's in someone else's pocket belongs to them. What kind of logic is it to ask them to donate it to the school?"
"Are you people upstairs genuinely ignorant, or are you just pretending?"
"Don't play dumb, all I know is that a certain brand's protective gear is as fragile as paper!"
"The equipment our company bought broke down before we even used it, directly causing a contract worth over 2000 million yuan to be lost. Why isn't the manufacturer stepping up to compensate us?"
Mi fans continued to stir up trouble in the comments section, while at Transsion headquarters...
The public security department is informing Shen Fei of the relevant situation. Under the strong crackdown, some people have indeed been arrested and brought to justice.
But in reality, there were only a few dozen people.
"Boss, this is a historic breakthrough. They didn't take our previous announcements seriously at all. Now that we've managed to send back a few dozen people, it's already quite good."
The leader from the Ministry of Public Security on the other side nodded in agreement.
But just then, the phone on Shen Fei's desk rang. The source was identified as the United States, so Shen Fei understood that this was something the money-giving boy had planned.
"Mr. Pichai, it's been a few days. I suppose the board has reached a decision."
"Mr. Shen, after emergency consultations, the board of directors is willing to make concessions."
The instruments on the other end of the phone sounded utterly exhausted.
After all, that's 6% of the shares, which is a considerable fortune based on Google's market value, just to prevent Transsion from retaliating in kind...
The cost was beyond their imagination.
But in order to prevent... to prevent unnecessary trouble, they ultimately compromised!
"Mr. Shen, 6% is far too much, so we can only agree to 5.5% at most."
Furthermore, it represents 5.5% of common stock, which has no voting rights but does not affect dividend rights.
Before Shen Fei could speak, Sundar Pichai said again in a very tired tone:
"I know you may not be satisfied with this result, but this is the biggest compromise the board has made."
Shen Fei on the other end of the phone was a little surprised. Sundar Pichai had learned his lesson and had already told him what to say. What was he supposed to say?
"Then this..."
On the other end of the phone, Sundar Pichai slammed his fist on his chest, as if he had made some kind of decision.
"These shares of Huaxin Investment do not need to be diluted; they are all transferred by other shareholders, which is about the same as the total 6% of the shares."
This compromise is already big enough.
We demand that all evidence related to the attack be permanently destroyed, and the virus be sealed away.
5.5%, plus no dilution, this... this condition is indeed a bit higher than Shen Fei had expected, after all, he had initially asked for a bit too much...
It's true that the other party can accept this proposal now.
Of course, he also knew in his heart that Google was afraid.
What I fear is an antitrust investigation, and at the same time, I fear other Android manufacturers will jump ship even faster.
Shen Fei smiled again: "Mr. Pichai is indeed straightforward!"
Since Google has shown sincerity, I'll give you a straight answer!
"Cash on delivery."
On the day the share transfer process is completed, all original backup logs will be completely and physically destroyed in the joint witnessing of both parties' technical teams, leaving no trace.
"We are professionals in doing business."
Sundar Pichai on the other end of the phone gave another cold laugh. They certainly knew how to do business; they could extort so much money from a business with no initial investment…
I've never seen a more unscrupulous manufacturer.
Just as he was inwardly cursing Shen Fei, Shen Fei's next words stunned him:
"But let me make this clear from the start: this 5.5% is only for this particular transaction."
If Google participates in any crackdowns against Transsion or Taishan Systems in the future.
This time we were able to catch you with these small tricks, next time we'll be able to catch you with other little schemes!
Sundar Pichai's heart tightened: "Don't worry, Google is a legitimate business and would never engage in such unfair competition."
We will further strengthen our efforts in this area and exert greater constraints on our partners to ensure that this problem will not occur again!
After all, if we keep doing this, we won't have much left to lose.
After answering that question, Sundar Pichai hesitated again. He had another question about the Android system, but he wasn't sure if Transsion would agree.
After all, the two sides are fierce competitors!
bullyxtreme