Tech Life Chapter 1377-1378

 Chapter 1377

After a moment, Li Linfei's heart moved and said, "Not to mention, Old Cheng's proposal is very constructive, I reckon he's a bit too busy for that, after all, it's a three-pronged approach."


        "Then do you know what Lao Cheng said?" Li Bingling asked rhetorically.


        "What did he say?"


        "Lao Cheng's original words in the video conference were: didn't Cook offer Angela Ahrendts an annual salary of $73.32 million, so let's offer her $50 million a year plus matching shares, translating over to $200 million a year!"


        The company's annual salary is $50 million plus shares, which translates to $200 million a year!" said Li Bingling, who couldn't help but feel speechless, as this deal is directly on par with Google CEO Sundar Pichai.


        If you really want to poach Ahrendts with this package, if Sundar is the world's number one working emperor, then Ahrendts is the world's number one working queen.


        However, Li Linfei said, "Call Cheng, if he can really poach Angela Ahrendts, the annual salary of 200 million dollars is no problem, 300 million dollars is the upper limit."


        Li Bingling froze and looked at Li Linfei, obviously a little unable to understand, but one thing was certain, Li Linfei was not joking.


        Let's say the Future Technology Group, the top salary last year was undoubtedly her, the executive president, with options dividends and cash bonuses totaling 18 million yuan.


        But Cheng Ze's annual salary package this year has risen to 13.8 million yuan, because he doubles as the senior president of Future Technology Group Retail, becoming the highest paid professional executive in Future Technology Group apart from Li Bingling and Tang Shan.


        Angela Ahrendts' annual salary is three or four times that of Cook's, and Apple's retail performance growth after she joined is the best answer. Cook paid Apple more than $70 million in stock in order to pry Angela, a big wallflower, and she has a bright performance to prove that this investment by Apple has paid off and its bountiful return.


        In the pursuit of offline brick-and-mortar user experience, the executive perfected it at Apple during her eight-year tenure as ceo at Bobberley, and by now, with the facts in front of her, there is reason to believe she can perfect it at Coastal as well.


        Ching Chak has earned an additional $2+ billion for the company as a direct result of his addition to the Future Technology Group, and the value he will be able to create for the company in the future after now serving as the company's senior retail president may have to be multiplied by 10 after $2 billion.


        The old Cheng Ze's talent was buried by Robella, and now he has come to shine in the Future Technology Group, so Li Lin Fei can say that he has a kindness to him, so he is now fighting very hard to repay his kindness.


        For a moment, Li Linfei shook his head and lost his smile and said, "If Ahrendts dares to come to work for me, I will dare to offer her a sky-high annual salary ...... but it's better for old Cheng to give up this idea."


        "He always put the idea on Arentz if again Cook and Apple knew about it, it might really get beaten up, it's fine to dig up the middle level people down at the retail shop, but digging her up, Apple and Cook can't stand it."


        Jokingly, Li Linfei added: "Besides, Ahrendts won't come, no surprise she will be Cook's successor, once Cook retires Ahrendts will take his place at the helm of Apple, it's better to save your heart to dig up the middle level backbone staff is really more."


        For a talent like Angela Ahrendts, Li Linfei really doesn't mind giving her a sky-high salary package, but there's little chance of that happening, first of all, Apple and Cook will never do it, and neither will Li Linfei, and if someone wants to poach Cheng Ze now, he won't do it either.


        The reasoning is all figured out! Then there's Angela Ahrendts' own will, and she definitely won't come either.


        With a salary of over $70 million a year at Apple, for her money is something that she has never worried about in her life from her 8-year tenure as CEO at Bobberley, and then at Apple to where she is now.


        To this level, she wants to pursue has been removed from the material level, come to the future technology group or do retail senior vice president, but stay in Apple but can succeed Cook, become the next head of Apple, naturally unwilling to go.


        This matter quickly passed, Li Bingling began to talk about another matter, said: "yesterday's meeting I and the management to argue the feasibility of the unmanned taxi business, we all agreed that we can enter the taxi field and tick and other companies to start competition, this is the business plan, and this, you need to approve the document."


        Li Bingling then sifted through the folders she brought and handed two other documents to Li Linfei, who took them and gave them a cursory glance, the expansion of this business was something Li Linfei was extremely optimistic about.


        The global economy in general is developing, there are more and more people with cars, but even more people without cars, so it has created a boom in the online taxi business, whether it is the domestic Tik-Tik, or foreign Uber, these Internet travel companies are valued at more than $45 billion, so it is clear that the scale of this market is still huge.


        Once the self-driving travel business is launched in the market, the rich and wealthy will not care.


        But for the majority of ordinary car owners it's great news. Because buying the car, which will help the owner earn extra money in the future, is definitely a powerful new concept and gimmick, if not more powerfully competitive than ever before.


        The Operations Department is telling this story properly to the market, telling it more vividly, which will definitely drive the sales of unmanned self-driving cars to explode, which can also indirectly drive the PHC ecological chain to grow.


        Li Linfei looked at the contents of the document, the initial investment budget is going to be 30 billion? Well, it's not a lot of money. At this point, who cares how much money there is?


        The whirlwind approved it with a stroke of a pen, this matter had to be signed by him, according to the rules, the company did not have to come to him for investments below $10 billion, but this investment was as high as more than $30 billion.


Chapter 1378

The following week saw a series of major events, with everyone's eyes polished and glued to the party's consultations.


        During the week, a number of high-tech bosses, such as Apple's head honcho Tim Cook, hurriedly flew in.


        This wave of penalties is really going to kill you. The total amount Apple has to pay adds up to US$21.8 billion, while the total amount of high-tech companies will add up to nearly US$47.9 billion.


        That's the equivalent of more than $330 billion at the real time exchange rate, which is undoubtedly a huge astronomical amount.


        The domestic public is very excited these days, no doubt, this wave of Chinese tactics is really too hot for people, it has always been the old U.S. at the drop of a hat, while our side has been passive countermeasures.


        The rabbits will bite when they are anxious. This time, if you don't move, you will move like a thunderbolt; if you don't sound, you will be shocked.


        This wave of operations pressed on, directly the world pressed a collective confusion, the most hot online is a picture and its hot, he is Cook overnight to the airport was caught in the picture.


        The timing was exactly 12 hours after the authorities announced the news.


        The $21.8 billion in US dollars is more than a cut to Apple's shareholders.


        No one expected China to be so ruthless. In the world, the Chinese have an image of being good old boys and being careful.


        Suddenly and more ruthlessly than anyone else, no one was caught off guard.


        During this period of time, Apple's market value was successfully pulled down, and there is no more listed company in the world with a market value of over a trillion dollars, except for Future Technology.


        More than US$300 billion was just lost, and along with it, the entire broader market was dragged down, with all three major stock indices plunging.


        This is the power of the Greater China market. What does it mean when Apple loses this market? That's it, and it might just be the beginning.


        It's fair to say that this was one of those high-profile Black Swan events that people suddenly found the first half of the year to be incredibly manic, with all sorts of superb news coming in, and Black Swan events appearing frequently in these last few months.


        This has led to all sorts of concerns that if Bunny and Hawksbill were to get into a real fight, it wouldn't be a problem between the two, but a real problem for everyone, and no one else would think of staying out of it.


        So this time, Wilbur Ross' visit to China was met with high expectations by numerous people at home and abroad, especially those in the multinational trade.


        They hope that these two bigwigs will calm down and stop playing around, the world is being ruined by you two and I can hardly do my business.


        Look at the volatile markets, the choppy currency movements, the extremely unstable exchange rate situation, who dares to do trade, how can we develop?


        But it is worth mentioning that despite the recent market turmoil and the fact that no one dares to settle in the currency, some people are so smart that they are still doing a great job in trade.


        And they are still making more money than usual. In order to avoid the risk, a group of chicken thieves who are trading immediately switched to gold for settlement.


        But then again, this is only a small number of people can afford to play, gold is good, but the amount is not enough ah, cross-border trade often billions of billions, or even hundreds of billions of capital scale, where there is so much gold to provide settlement function?


        So gold settlement will only allow a small number of people to make a profit in the meantime, but it is still very difficult for the many multinational companies who are waiting for the two big brothers to get things sorted out as soon as possible.


        Finally, early on the morning of 10 May, the two sides announced a joint statement.


        The biggest and most useful message to the world was that the two sides were going to shake hands and make peace!


        The actual course of events once again deviated perfectly from the predictions of the outside world, the first thing that was not predicted was that no one expected the two sides to reach such an ending as a handshake and a peace, which even made people feel strongly that all powerful enemies are paper tigers?


        Many of the domestic media, especially the self-media marketing numbers, immediately labeled the old U.S. as a paper tiger, screaming the fiercest, strong opponents really immediately conceded as soon as they came.


        This is undoubtedly a good thing to uplift the nation and what the people want to see the most, however those self media numbers are totally catering to this taste of the people, with very little really dry content, and their aim is to push whatever content the people like.


        The second thing that was not predicted was that such an important breakthrough was actually reached in less than ten days. Normal predictions and analyses would have suggested that such a major shift would have met and talked three or five times, at least, and lasted a year and six months to be right.


        In fact, it only took about a week. At such times, speculators who are not informed in advance are basically losing money or even going bankrupt, while the big players with quick access to information are making a lot of money.


        After negotiations between the two sides, the first problem that was solved was that the trade dispute was over, and that we should all stop doing business and not engage in such nonsense.


        Then the other major issue was the negotiations on the Chinese side against a large number of high-tech companies such as Apple, which looked like both sides were fighting to the death, but in fact one was singing the red face and the other the white face.