An interesting report from Reuters/ eWeek suggests the Chinese Government may be concerned about Microsoft, a firm that uses “monopolistic tactics” buying Yahoo, which will mean Microsoft will become the biggest shareholder in Alibaba, one of China’s biggest internet firms.
According to the report Alibaba “will seek a stronger voice for its management team in Microsoft’s talks to acquire Yahoo.”
Although Alibaba has Yahoo as its biggest shareholder, the firm is run locally by founder Jack Ma, who maintains effective control over the business, although Jerry Yang sits on the board.
Concern coming from a country that redirects search traffic from Yahoo to Baidu…
Confucius say
“The pot calls the kettle black”
It is ironic that the Chinese Government is worried about monopolies but I’m very concerned about the Microsoft/Google monopolies.The loss of Yahoo and others should concern us all if we want a free net
Very Funny!!! The world’s Pirates….worried about Michoo? You can’t even take these concerns seriously!!!! Stop buying chinese goods!!!!!!
it is funny to know that china being concerned over the issue. in fact it us yahoo lovers who should be more concerned.
I think its fun watching commies struggle to keep the people’s voice shut down
Certainly an interesting [eWeek] article. But is there any need for concern [for any party]?
We are watching the acquisition game. Let see who wins. Though this acquisition will create more competition for Google.
Maybe Microsoft should take over the Chinese government….
While we may be tempted to gloat over China’s concern about Microsoft/Yahoo and the impact on Alibaba, let’s remember that this is a country that is just learning to reduce its protectionist policies and learn the capitalism game. The U.S. may be served well to assist China in the internet space and gain an
e-commerce ally as our economic influence across the world continues to decrease.
@9, lol
What is ironic is that Alibaba is still in early stages of development and they have yet to find a way to monetize the majority of their platform, and the current platform that is monetize (and listed) would be one of the smaller business units
When Yahoo came in for a billion USD, we were all a bit shocked because the management of Alibaba has always been up/ down… a bit difficult to feel like you are playing on a team when Jack Ma lines al the halls with his pictures.
In a time when everyone is looking for a “China Play”, this really isn’t one. A billion in Alibaba is a large % now of one unit, but it is only one unit.
r
http://www.allroadsleadtochina.com
I read the said Reuters/ eWeek report, it is bullshit!
If the Chinese government really concern about Alibaba.com, why let Yahoo(also US corp) control Alibaba? Just beause Jerry yang of some Chinese blood but Bill Gated not? Bullshit Reporter! Another Fake News!
TC Readers and M.A. Should Be Concerned About the Craps Duncan Riley Posted on This Site.
lol the Chinese government should clean up their act first before complaining about others