Thursday, October 21, 2010

Hong Kong PCCW Privatization Commission will vote by sealed-depth inquiry



In a noisy and confused after the shareholder meeting, "Little Superman" in Hong Kong PCCW's Richard Li privatization program finally agreed. However, the sudden intervention of Hong Kong Securities and Futures Commission, take away the voting record and further inquiries, so awful twists and turns of the transaction on the regeneration of the variables.

4 February evening, the industry concerned about PCCW shareholders meeting. This is the privatization of PCCW, one of the most difficult pass, because only small shareholders nod to complete the deal. Richard Li and China Unicom offered to buy a share of 4.5 HK PCCW, the transaction amounted to 17.0 billion Hong Kong dollars. Richard Li and China Unicom are the two major shareholders of PCCW. Last year in November, the two have not yet announced the joint acquisition of 35.5 million shares held by PCCW shares (approximately 52.42% of the shares). December 30, for fear of being rejected, the two partners in the acquisition of 4.2 yuan per share last-minute bid for the Hong Kong dollar to 4.5 Hong Kong dollars.

This is the privatization of PCCW, Richard Li to make the third hard. However, due to dissatisfaction with the privatization offer, some small shareholders expressed strong opposition, even once the exposure "vote rigging" event. Have reported that it was free to hundreds of insurance brokers in exchange for shares of PCCW presented them to vote. 3 PCCW for this month issued an urgent notice to clarify, that no improper transfer of shares.

According to Hong Kong media reports, this general meeting of shareholders on-site noise and confusion. A small shareholders more than an hour, he rushed to the venue in advance and carried out in series, jointly signed a petition opposing privatization. Also proposed to defer the minority shareholders to vote for "vote rigging" the incident pending the outcome of the investigation. However, these encounters are the result of failure to stop voting, more than 75% of the company's shareholders in favor of privatization.

However, the dramatic is a result of alleged improper transfer of shares, the SFC in Hong Kong closed down after the general meeting of shareholders to vote the voting paper. Yesterday, the Beijing Morning News reporters Zhi Dian and Xiang Gang Commission, the relevant person in charge confirmed that an in-depth inquiry on the matter. PCCW spokesman told reporters that the news did not know of any improper conduct stock transfer. If there are no accidents, the company will be held Feb. 24 to the High Court hearing, which is the last one PCCW privatization process was.







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Tuesday, October 19, 2010

Like Facebook wants to rule the world?



Facebook will be held this week, three F8 Developers Conference, at which they will announce that can enhance their influence in the whole network plan. These include include a "like" button and one for the site's community-based toolbar. Throughout the network, so you can see them everywhere, this scheme allows Facebook and Myspace to avoid the same destiny?

Social network in Starbucks?

You should remember the past, social networking is our destination. As Friendster became slow and unreliable when large-scale users to migrate to Myspace. Until MySpace has become bloated, do we all go jump Facebook. Zuckerberg (Facebook founder) is very clear threat: if a destination site, users quickly jump to the next cool hangout to.

This is why Facebook aspires to be a strong platform. More and more companies rely on Facebook, the less likely it failed. Zynga Facebook as a platform to the market value of the company has more than 100 million U.S. dollars, there are thousands of web site login system is using Facebook Connect. Toolbar and "like" button on their next strategy; distributed through the provision of more services, Facebook has gradually become an invaluable platform. Points (Facebook Credits, Facebook virtual currency, I suddenly thought of Q coins), the connection (Facebook Connect), the toolbar - these things are distributed throughout the network trying to weave a social network diagram on Facebook.

Its commitment to become the coolest bar in town, so customers will more quickly to the next wave of the zone, not as good as - Facebook is planning to become a Starbucks on the network, through a spread in every corner of the "like" button!

Their plans are great, but there is a flaw: dependence Facebook has a "social network map", that is, the relationship you are in the network, and (joining the "like" button) to your personal preference data.

This plan is only to consider the interests from Facebook, lock the user's social network map, does not take into account the best interests of the user. If you Twitter, Google or other sites to your social network graph becomes portable, so you do not need to store their information on the Facebook - and you can take them wherever possible to do what you want to do .

Maybe Facebook need not worry. Most users do not know nor care about social graph portability, such as Facebook Connect, Like and toolbars have been able to provide enough of these data access capabilities, to meet the developers and the majority of people who, in addition to the most critical part of the network users.

They can maintain a social graph? This is the decision of the fate of a Facebook problem.







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