Chinese enterprises were welcome to be listed in London

This Internet news is provided from the One Net Technology Limited

August 25 morning news, the “London House” which is on behalf of 2012 Olympic host city London appeared Beijing, in it the British Association of the Sino-British private equity Chairman Martin Bloom looked very excited, as the promoter in the field of the Sino-British cooperation, he disclosed that more than 1 billion U.S. dollars capital entered into the Chinese market from Britain, and welcomes China’s SMEs to be listed in the London Stock Exchange.

To promote the Beijing and London Olympics transfer and exchange, London House held a series of activities, yesterday morning held a closed meeting “in the PE Summit” is one of them, the London mayor and the wind from China and the United Kingdom voted And private equity investors to participate in the conference.

Martin as the promotion of the Sino-British Ambassador to the business and financial cooperation, before the start of the meeting accepted the Sina Technology, a small number of media interviews, on the Sino-British private equity market situation and future development of comments.

In the British capital, more than 1 billion U.S. dollars

Data show that London as a world-renowned financial center, has a huge asset management market, the annual capital input of about 7 trillion U.S. dollars, the industry in London, the number of employees has reached 45,000 people in the field of private equity fund with a high degree of international The level of development.

In recent years the Sino-British private equity fund between the two countries in the wind for the link between increasingly close, the form of direct investment in China, as well as from the United Kingdom and the European portfolio company’s investment in China. According to Martin disclosed that the current British companies into the Chinese market to raise funds has more than 1 billion U.S. dollars.

PE in China from the United States capital market more active. Martin not worried about this, he pointed out that both the wind or private equity fund for the ultimate concern is the rate of return on investment issues, and the rapid growth of China in this regard, there are a lot opportunities. “Lies not in whether or not the first to enter the market, but whether to do the right thing, such as the establishment of long-term cooperative relations.” Martin said.

Welcomed the choice of London-listed Chinese companies

But that should not be overlooked is that all of the economic downturn of the same influence on China, regardless of wind or for private equity are slowing down the speed. ChinaVenture data show that in July VC / PE background enterprises IPO average investment return rate was only 0.57 times, fell to the lowest level in 2008.

Martin expressed this optimistic attitude, he believes that China is now the export-driven economy gradually giving way to domestic demand, although the world economy, but China’s economy in its own adjustment process in the development of stronger than before, and the next 23 , Many Chinese enterprises will move toward the world, the global operator.

For these Chinese enterprises need to expand, Martin London hope that they can choose to seek financial services and the proposed merger. In the past few years, London has been helping Chinese enterprises to global expansion, particularly through the hope that Chinese enterprises listed in London to get substantial financial support.

On referring the advantage of the London Stock Exchange, Martin regulatory is more beneficial to the users on the one hand, and on the other hand it is more modest to the U.S. market, these are one of the way to welcome Chinese enterprises. “London Stock Exchange set up offices in Beijing in January, we hope that more Chinese enterprises be listed in London, and also hope that more Chinese fund choose London to be their offices.”

ConnectU founders entered Olympic final rowing games

This Internet news is provided from the One Net Technology Limited

Two special athletes were ushered to the Beijing Olympics, they are the founders of social networking sites ConnectU Kelaiwosi brothers in the United States, in the double men one oar rowing competition finished just now, the two young people eventually came into the final gaining the sixth with 7 minutes 5.58 second.

Cameron, Kelaiwosi (Cameron Winklevoss), and Taylor Kelaiwosi (Tyler Winklevoss) is a pair of twin brothers, although they did not win medals, but after many rounds of elimination, and eventually be able to have it into the final Is not easy.

In the 2,000 m race in the text Kelaiwosi brothers with seven minutes five seconds 58, the final ranked sixth. The combination of Delujien Australia (Drew Ginn) / Deng Ken Fuli (Duncan Free) 6 minutes 37 seconds to 44 won.

However, before taking part in the Beijing Olympic Games, the two Haversian University of Ireland is already in the field of the “mini celebrity.”

In 2002, the text of Kelaiwosi brothers plan to create online social network (that is, later ConnectU), in the process of preparation, they hire their own students to complete a program of work. But the students in accordance with the agreement and did not complete his work, but their creative theft, his establishment of a social network.

The “betrayer” is the Make Zha Bossa (Mark Zuckerberg), he created the Facebook has become a global leader in social networking sites, the company valuations as high as 15 billion U.S. dollars.

April 2004, ConnectU, Kelaiwosi brother and another co-founder will Zuckerberg to court, accused him in 2003 to study at Harvard University during the theft of their creativity to create ConnectU.

Let this case, Kelaiwosi brothers and their ConnectU has become famous.

February this year, Zuckerberg and Kelaiwosi brothers reached a settlement. Reconciliation provisions related to cash and Facebook stock compensation, specific amounts were not disclosed. But shortly after, Kelaiwosi brothers request to reconsider the amount of compensation for the reason that Zuckerberg hid the true value of Facebook. At present, the case is still pending.

T-Mobile was approved to launch Android phone HTC Dream in November

This IT news is provided from the One Net Technology Limited

Monday, the U.S. Federal Communications Commission (FCC) approved, the first style of Taiwan-based Android HTC Dream smart phones will be launched by T-Mobile.

According to foreign media reports, it is learnt that, FCC will HTC Dream is scheduled for release on November 10, prior to the relevant details will remain confidential work.

HTC Dream platform-based Android, with 5 × 3-inch large-size touch screen (iPhone screen size of 3.5 inches), equipped with full-size spin Qwerty keyboard and 300-megapixel camera.

3 G HTC Dream support network, with WiFi and Bluetooth, and based on the iPhone, like the Safari Web browser and Gmail, Google Maps and YouTube and other Google applications.

Market research firm Yankee Group analyst John Jackson thought that HTC Dream’s performance may be very good, but it is very difficult to catch up with the iPhone in a short term. However, after recognizing the value of HTC Dream, other Android manufacturers may rush to release Android phone.

Citigroup maintained “buy” rating for Tencent

This Internet news is provided from the One Net Technology Limited

Citigroup issued a report yesterday that Tencent Holdings (00700. HK) had strong performance in second quarter, and considered it remain defensive after Olympic and next year, so maintained “buy” rating for it and targeted 75 Hong Kong dollar.

Citigroup said that Tencent Holdings quarter revenue rose 84 percent year-on-year, as growth momentum next year, the new online games will be available starting in the third quarter revenue. In addition, 65 percent of the total income of Internet value-added services, sources of income to young, low-price entertainment and business mainly from the economic slowdown affecting them. Citigroup believes that although the market concerned about Tencent slower growth in advertising next year, but the proportion of small business income, the defense of Juju.

Merrill Lynch said yesterday that the Tencent Holdings will be from 78 target price on the Hong Kong dollar raised to 80 the Hong Kong dollar, maintaining “buy” rating. This year and next year earnings forecast up 17 percent and 10 percent to 1.42 yuan and 1.63 yuan.

Merrill Lynch forcasted the compound growth of Tencent’s online game climbed from 65% to 87% between 2007 and 2009. Merrill Lynch noted that Tencent has launched five major games this year and expected to develop two more new games, which is estimated to take up 35% of sale avenue in the second quarter of 2009, new games in short term and seasonal factors will offset effect after the Olympic in the third quarter.

Baidu advertising platform pay according to the results

This IT news is provided from the One Net Technology Limited

Contrary to Alibaba Group who lay out Internet advertising platform relying on e-commerce platform, Baidu who relies on Internet advertising started to prepare in the aspect of e-commerce.

August 6, Baidu launched pay-performance (Cost Per Action, CPA) advertising platform after the platform after a two-month low debugging operation.

“Internet is not only an advertising platform, can also be a sales platform.” August 12, Baidu Union Development Department Director-Commodities in an interview with reporters that the future of e-commerce will have a big development, and Baidu’s CPA advertising platform is launched to e-business transformation of an important exploration.

Pay-performance

“CPA is paid in accordance with the clicks and impressions of the traditional model of improvement and added.” Baidu commercial market Ministry official said, the so-called CPA, is in accordance with the practical effects of advertising to pay, that is, just by browsing the ads Click is not paid, only Internet users to produce ads after the purchase, registration, downloads, will charge.

Zhou goods, told reporters that the Internet advertisers have become increasingly mature and aware of their needs is what part of manufacturers still need to display advertisements and the other manufacturers starting to see results from advertising.

“Sales of manufacturers found that if advertising does not bring to the real consumption and purchase, simply click rate means that the increase in advertising spending; On the contrary, if things really sold, and if the customer is indeed under the guidance of the ad to find The past, they are willing to bring the customer must pay the cost of advertising. “Zhou said goods, stressed that the CPA model results, good at e-commerce advertisers, the very applicable.

It seems that for the week, Baidu is to see such a trend, it introduced a corresponding CPA platform.

CPA as the project leader, Baidu Union Development Department Senior Manager Faye Wong told reporters, in the trial operation period, Baidu has been and Dangdang, the Chinese network of excellence, MySpace, Skype, Jinshan drug gangsters, popular network movies, music boxes, and so I wonder Manufacturers launched a cooperation, cooperation in the number of firms have reached more than a dozen.

According to different customer needs, its effect on the billing is also a wide variety of ways, for example, the popular Internet film is concerned about the prevalence rate of its terminal software, download and install the software is an effective act, and so the MySpace The social networking sites, the number of users of the value, and each time the user through the ads on the registration form an effective behavior.

Baidu Union CPA platform is to find every advertisers agree to act effectively, and can record of these acts.

Faye Wong said that Baidu can solve the technical problem of records. It is understood that Baidu Union and the advertiser’s website through the data interface between the link through the implantation of a section of JavaScript code to Baidu’s traffic statistics, data and other acts effectively in charge of statistics at the same time, Baidu also facilitate data analysis for clients.

“For example, a customer may want to know where to run ads more effectively, we can monitor the data, found that those types of sites to bring the act more effectively, thus reducing the blindness of the ads.” Faye Wong said.

Faye Wong said, the promotion of CPA platform was just regarding to the mature, high-end advertisers for special nature of CPA model which requires relatively high technical ability of their advertisers. So only those who already have a quite consummate network facilities are easy to dock with Baidu’s platform. For example, e-commerce platform Dangdang already have a mature platform, can easily provide statistical data and have sufficient influence.

Google disclosed its investment in the AOL may shrink

This IT news is provided from the One Net Technology Limited

August 11 in International report last Friday local time, Time Warner investors got a glimmer of hope from the shadow experience of Google who issued a warning acclaiming that it investment in AOL may shrink, that is, at least part of the AOL business will soon be sold.

Later last Thursday, Google reported in 2005 to 1 billion U.S. dollars to buy a 5 percent stake in the AOL “may be impaired.” “Impairment” is a financial terminology, referring to the reduced value of the investment. Google scale powerful, this amount of investment is relatively small, the financial problems of Google investors simply are not any major problems.

Last Friday, Google shares rose 15.89 U.S. dollars, or 3.3 percent, to close at 495.01 U.S. dollars, while Time Warner shares were up 1.1 U.S. dollars, or 7.6 percent, to close at 15.6 U.S. dollars.

Brokerage Miller Tabak analyst David Joyce said that Time Warner shares would not affect the sale of AOL means that the work may be prepared. AOL Time Warner for stripping business, has been doing financial and operational aspects of the preparatory work, the Google investment in AOL ready to do that may mean stripping impairment AOL things will happen as soon as possible, “This deserves our careful consideration.” Time Warner shares rose can also be interpreted as stripping of AOL Time Warner is a good news.

Market analyst at Barrington Research analyst James kath claimed that Google’s statement is nothing more than to prove the AOL online advertising business faced with the plight of weakness.

May this year, Time Warner board after several months of consideration, agreed to divest its cable operations, in order to concentrate on grasping including Warner Bros. and magazine business, such as content creation business.

Google said in its investment in AOL, said: “We can not guarantee that the future not to impairment of assets and the amount of impairment will be great.” Joyce estimated 5 percent of the value of AOL shares in the current 500 million -7.5 Billion dollars between.

Soleil analyst Laolamading, such as Google as high as 155.5 billion U.S. dollars worth of the company, AOL’s investment impairment losses “is not really what the issue.” Even if Google’s investment losses by half, “causing its stock price will not affect substantive.”

Barrington Research analyst Goss, in the online advertising environment remains firm, the Google investment depreciation of the accident is not, it is necessary to re-valuation of shares of AOL.

Google to buy stake in AOL’s main purpose is to prevent AOL joined Microsoft. Google and Microsoft’s bidding war to AOL’s elevation to the status of the 20 billion U.S. dollars.

EarthLink is considered to be top one company to acquire AOL dial-up Internet business, while Microsoft and Yahoo may bid for AOL’s advertising business. Microsoft once tried to buy Yahoo, but not came to an agreement because of price problems.The result is that the two sides have begun trying to buy AOL.

MOTO signed 431 million GSM expansion contract with China Mobile

This Internet news is provided from the One Net Technology Limited

August 7, according to foreign media reports, Motorola Wednesday announced that it has signed a series of GSM network expansion contract with China’s largest mobile operator China Mobile in the first half of this year, and the contract worth 431 million U.S. dollars.

According to foreign media reports, last year, Motorola has already signed with China Mobile worth 394 million U.S. dollars series of GSM network expansion contract. The signing of the contract is the last time after the two sides once again co-operation. Motorola GSM network expansion as the leading solutions, will help China Mobile more efficient management of its GSM network, and maximize the realization of investment income, and to provide better services. Under the contract, Motorola, China Mobile will be covered by the 16 provincial and city’s GSM network expansion and upgrades, such as technical support.

Motorola said the company has in recent years with many developed and emerging market operators signed a series of GSM network expansion contract. VNPT including Vietnam Post and Telecommunications Company, Saudi Arabia and Nigeria Mobily company Celtel Nigeria Company.

Motorola president of China Mr. Gao Ruibin, said: “We and China Mobile is a long-term strategic partnership, we will fully support China Mobile, China’s highest level of construction of GSM networks, and vigorously increase revenue and user experience.”

China Mobile is the world’s largest mobile operator. To May 31, 2008, the number of China Mobile users has already exceeded any other global mobile operators, the total number of users reached 400 million more.

BT spent $105 million on the acquisition of Ribbit

This IT news is provided from the One Net Technology Limited

BT in the U.S. eastern time on July 29 announced that it has acquired “Telco 2.0″ platform companies Ribbit Corporation which is headquartered in Silicon Valley with 105 million U.S. dollars in cash, no credit, no debt . The acquisition will accelerate the transition strategy to become a new generation of service company based on platform and software.
Headquartered in Mountain View, California, the Ribbit – “the first telephone company in Silicon Valley” – to provide a platform to open new ways of telephone and Internet technologies together to enable developers to create innovative New voice applications and services.

BT’s general manager of design services JP Rangaswami said: “Silicon Valley is becoming a hotbed of telecommunications innovation. Ribbit acquisition, we can not only expand the market performance in Silicon Valley, but also access to its groundbreaking platform, the development of the developer community and A common vision of a world-class team. Ribbit on the acquisition will help us speed up the realization of this vision. “

Ribbit CEO Ted Griggs said: “The communications industry is entering a new stage. Now the network is closed in the open platform changes, developers are making great efforts to promote innovation. Ribbit in the ability to add to a strong BT 21CN global platform, we will be able to on a global scale for the developer community to provide the innovative tools they need. We are very pleased – BT is exactly what we have been looking for partners. “

Ribbit developers can make use of voice and automated platform will add features to almost all Web-based applications or in the community. For example, with Ribbit platform, developers have successfully integrated into the voice salesforce.com, also established a Facebook or directly from the iGoogle launch voice applications. Since its establishment, Ribbit has attracted thousands of developers, and enterprise software market also launched a unique innovative solutions, and has begun testing scheduled for release later this year a comprehensive consumer applications.

With BT’s award-winning software development kit (SDK) plan, the Ribbit platform with the acquisition of BT in the software platform space supplement the existing capacity. Through BT’s SDK, developers can simply use a single line of code will be a new application and integration of BT’s services. Ribbit will retain the existing management team and its identity, the merger of businesses in 170 countries, ranks among the world’s leading communications solutions provider with the list of BT, will Ribbit been able to expand its global scale.

BT Americas President Michael Boustridge said: “Ribbit platform for communication and application of the combination of easier, cheaper and more quickly, Pingci developers in a few hours will be able to launch new revenue-generating voice services, rather than the original A few weeks. Ribbit platform by BT and the existing network integration services, we will have the potential to provide some of the world’s best communications innovative applications, so that consumers and businesses have benefited. “

Ribbit Corporation was established in February 2006, its investors are the venture capital firm Alsop Louie Partners, Allegis Capital, KPG Ventures and Peninsula Ventures. Ribbit is bought from these investment companies and Ribbit shareholders (including the founders and employees).