America’s Road To Wealth

  Chapter 334 The embodiment of status and influence

   As the founder of Qualcomm.

  Owen Jacobs, only holds 0.13% of Qualcomm's shares.

  It’s okay when the shareholders’ equity is dispersed.

  Irving Jacob can firmly control this communication company with the authority of the founder.

  Once someone is really interested in this company and holds a majority of the shares.

  The authority of the founder is also useless, he can only act as CEO.

   But the more important position of chairman had to be given up.

   Fortunately, Qualcomm at this time is in the darkest moment before dawn.

   Erwin Jacobs didn't know yet that the dawn was coming.

  In this dark moment, someone is willing to come out to "save" Qualcomm in the quagmire.

  This person is still so rich and has such a high status, the founder is still very happy.

   Therefore, Owen Jacob also supports Abel's entry.

  When Abel promised to inject more funds, he raised his salary by 30% in the company-wide salary increase.

  Erving Jacob was even less resistant to him.

  In the conference hall on the top floor of Qualcomm headquarters, Irving Jacob sat in front of Abel.

   There are some documents in front of Abel, all of which are Qualcomm's detailed information and some confidential research directions.

   In 1998, after Qualcomm sold its mobile phone division.

   began to concentrate on the research of semiconductor chips and various communication technologies.

  At present, Qualcomm has only three subsidiaries, namely the Qualcomm Semiconductor Business (QCT) department and the Qualcomm Technology Licensing Business (QTL) department.

  The former mainly develops and produces wireless chip platforms and other product solutions, and it is the birthplace of chips such as Snapdragon.

  Qualcomm Technology Licensing (QTL) department is a well-known patent hooligan.

  The legal department of this subsidiary will be comparable to Disney in the future.

  The task is to fight lawsuits all over the world all day long, and the objects of the lawsuits with it are all the giants of various countries, or even the governments of various countries.

  It is also the sub-department that spends the most money in addition to the R&D department within Qualcomm.

  The annual fines paid to governments around the world, as well as the legal fees paid to lawyers, are astronomical figures.

   As for the last department, it is called Qualcomm Ventures.

  This department was just established last year, and it is mainly used to invest in small high-tech companies related to communication technology.

  The starting capital of this company was agreed to be 500 million US dollars, but it has been a year now.

  The actual amount invested was less than 50 million U.S. dollars.

  When even the head office is short of money, how can Qualcomm get the money for the investment company to invest.

  After roughly reading these materials, Abel had an idea in his heart.

   That is. Since I built Tesla ahead of time, I still want to promote the emergence of the electric car track in advance.

  Now I have Qualcomm, the most important core enterprise of the future mobile Internet.

  Why can’t I bring out the mobile Internet era ahead of time?

  In the parallel time and space, the first year of the emergence of the mobile Internet should be the official launch of the 3G network.

   But it really made the mobile Internet popular, and suppressed the old-timer Internet to death.

  It should be until the popularization of 4G signal.

  In this 2G era when the mainstream signal is still GSM/GPRS, 4G is still a bit far away.

   But in the 3G era, Abel remembered that it was not too far away.

  He remembered that in China, there seemed to be 3G signals after 2008.

  In this era where the United States leads the trend.

  Abel thinks that 3G in the United States should appear earlier than China.

  Thinking of this, Abel asked Owen Jacob softly.

   "Owen. I remember according to the standards in your industry. The mobile phone signal we are using now is the second generation, which is the so-called 2G, right?"

   "Yes." Owen Jacob nodded, "There are many signal standards that are popular around the world, but all of them are developed by TDMA and our CDMA technology."

   Most of the mobile communication technologies have been derived from these two.

  The first time-division multiple access technology (TMDA) appeared, and the investment of industry giants in those years was basically invested in this field.

  Chicken thief Qualcomm decisively researched CDMA (Code Division Multiple Access) technology.

   Also take advantage of the attention of the major giants, when they are all on TDMA.

   During the two years from 1989 to 1991, Qualcomm applied for almost all CDMA-related patents.

   By the time the giants found out, Qualcomm had become the king of CDMA.

   "It seems that the GSM signal is used the most?" Abel asked.

   What Abel still remembers about the 2G era is only PHS and GSM network.

   PHS is the CDMA technology, authorized by Qualcomm.

  As for GSM, Abel didn't know that it was actually a master of TDMA technology.

  It was first proposed by Nokia, and it was quickly promoted in Europe, and then globalized, becoming the most mainstream mobile phone signal.

  Nokia is also using the patent of this technology, and is currently one of the world's undoubted mobile phone hegemons.

   "It can be said that." Owen Jacob said softly: "But I believe our CDMA is the real future of mobile communications!"

  Abel nodded, he was actually concerned about his next question—

   "I have read relevant information. I know that the next generation of mobile communication technology is called 3G. Owen, what I want to ask is, when do you think the 3G era will come?"

  Owen Jacob's answer surprised Abel a little.

  The founder of Qualcomm said: "It is already on the way. Starting this year, Verizon Communications, AT&T, and T-Mobile, these three companies have all begun to lay 3G network base stations."

   "So fast?" Abel was surprised.

  He knows these three companies, they are the three giants in the US mobile communications industry.

  Its status is the same as that of China Mobile, Unicom, and Telecom, except that they are also private companies in the United States.

   "Yes." Owen Jacob smiled:

   "It is estimated that the network test will be available at the end of next year, or at the beginning of 2003. If all goes well, 3G signals will appear on federal land after 2003."

  The news revealed by Owen Jacob immediately made Abel realize—

  Mobile Internet 1.0 is coming!

   Without him to push, under the competition of profitable and competitors.

  The three major mobile communication giants in the United States are more active than anyone else in promoting its arrival.

  Abel couldn’t help but feel a little grateful. No wonder his talent made him have to control Qualcomm within this year.

   Wait until next year, when the three major mobile communication giants in the United States realize that 3G is ahead of 2G.

  The advantages of cmda on 3G will make everyone understand the value of Qualcomm.

  That's when the cesspit will start to turn into a gold mine.

  The difficulty of acquisition will not be like it is now.

  Abel couldn't help but heaved a sigh of relief, while feeling a little dark in his heart.

  He encouraged Owen Jacob a few more words.

   At four o'clock in the afternoon, he left Qualcomm and went to Pacific Energy, whose headquarters are still in San Diego.

   After spending two hours at Taiping Energy Company.

  He was directly on the tarmac on the top of the Pacific Energy headquarters building, took a helicopter, left San Diego, and returned to Santa Barbara.

   Two days later.

evening.

  Beverly Hills, 812 North Bedford Road.

   "Honey, how about this set?"

   Sitting on the sofa with Erlang's legs crossed, with a notebook on his lap, Abel was reading the company's internal mail.

He raised his head and saw Anne Hathaway wearing a black double-breasted round neck coat with a white black border on her upper body. On her head with a high ponytail, she was standing with a black velvet headband inlaid with pearls. The door to the cloakroom.

   "Well, good, but what about your skirt or pants?"

   Abel looked at those big white legs and couldn't help raising his eyebrows jokingly.

  The corners of Annie's mouth twitched, she reached out and took a pair of white pants from the side, gesticulating with them, and asked Abel to make suggestions.

   "Just this set, it's very beautiful." Abel felt good, and after speaking with a smile, he continued to read the information on the computer.

  Annie didn't bother him either, and happily went to make up and change clothes by herself.

   Abel has been on the West Coast for a while, and his women know about it.

  He lived mainly in Santa Barbara during this period, and they all knew it.

  They even knew that where Abel lived there, there were two women.

   One of them is still pregnant and the child is his.

   But what can they do?

   She has not become a woman in the Smith family office, so she is not qualified to know these things.

   Knowing that, I have no confidence.

  Like the models in Elizabeth's back garden, and Sophie Marceau.

  As for those women who can know these things and have joined the Smith family office.

  It was even more difficult for them to leave him.

   can only scold Ikana and Paris in private.

   In front of him again, lose your temper or something within his tolerance.

  Abel, who left Santa Barbara and came to Beverly Hills, was the first to live here after he came here.

  Annie was very happy, and felt that this was a sign of her important position in his mind.

  When I heard Abel say that there is a reception tonight and I plan to take myself there.

  Annie was even happier.

  At this time, she didn't even have time to please Abel, let alone lose her temper in front of Abel.

   Half an hour later, Annie, who had changed her clothes and put on makeup, came to Abel's side.

  She didn't dare to disturb him, so she sat obediently and quietly, staring at his perfect profile like a marble sculpture.

   Until Abel finishes his work and sees her dressed up sitting next to him.

  He just remembered, "Oh, it's time."

  Abel smiled and said, "Let's go, let's go to the reception."

"OK!"

  Annie nodded excitedly, was held by him, and walked outside.

  The reception that the two of them are going to attend is held in Beverly Hills.

  The initiator of this reception is one of the super tycoons in the American media industry.

  The famous founder and chairman of News Corporation, the new American-Rupert Murdoch.

  Murdoch held a grand reception at his estate on top of Beverly Hills.

  Abel, who lives on the west coast, naturally received an invitation letter from Murdoch.

  Murdoch's reception, to the media industry or Hollywood, is a top-level reception comparable to Vanity Fair.

  Like Anne, after she had Abel, she didn't care much about this kind of reception.

  But without Abel, she might not even be eligible to attend this kind of reception.

  In order to be able to participate in this level of reception, in order to be able to enter the venue to look for opportunities.

   Just the qualification to enter is almost enough to make most of the starlets beyond the fourth line, and those young rookies who have just entered the industry, pay everything for it.

  For Abel, this is the grandest reception in the eyes of Hollywood.

  In his eyes, he didn't think it was interesting, and he didn't even want to go.

   Abel accepted the invitation only after learning about one of the purposes of Murdoch's reception from his own people.

  The place where Abel lives now is not very far from Murdoch's villa.

  Everyone is on the top of the mountain, and it only takes about ten minutes to walk there.

  How could a tycoon travel on foot?

   is still the standard equipment when Abel travels.

  A total of seven Cadillac cars, 3 SUV off-road vehicles, 3 sedans, and a modified Cadillac monster in the middle.

  The convoy left 812 North Bedford Road and only drove for five minutes on the Peak Road in Beverly Hills.

   Came to the brightly lit Murdoch Villa at the core of the hilltop.

  It was around eight o'clock in the evening when Abel and Annie arrived.

  Generally speaking, the receptions of European and American elites will start around six or seven o'clock.

  It will end around nine to ten in the evening.

  Whether the reception starts at six o'clock or seven o'clock, if the participants arrive at eight o'clock, they can be considered late.

   But that's for the average attendee.

  In relatively high-end receptions in Europe and America. The person with the highest status has always been the one who arrives later and leaves earlier.

  Only those who are not of high status and who are desperately trying to make money in the reception will arrive at the earliest and leave at the latest.

  As the boss of the new media giant Smith Media, he is not inferior to Murdoch's Abel in the media field alone.

  He obviously has a very high status.

  If you count Abel's influence in other places, even Murdoch can't compare to him.

  He like this, attending the reception held by Murdoch, it can be said that he was willing to come to Murdoch.

   Being late and being late is naturally nothing.

   Speaking of which, Abel and Murdoch met for the first time at a reception.

   That was last year.

  A charity reception held in Manhattan by several major media giants in New York and the Texas Commercial Bank.

  At that time, Abel participated, and because of the insistence of the Texas Commercial Bank, he also sat on the main seat, which surprised many rich New Yorkers at the time.

   You must know about that reception, this is the second time that Abel appeared in the mainstream sight.

  The first time was the reception held by the Hilton family.

   Murdoch was also on the throne at that time.

   Judging from the identities of the two parties at the time, Abel was not qualified to sit at that table.

   In other words, at that time, Abel was inferior to Murdoch in terms of social status in the United States.

   Now that a year has passed, it is only a year.

  Murdoch's status is still the same, but Abel has improved by leaps and bounds.

  He has grown to the point where Murdoch can't match him.

  The so-called feng shui turns in turn.

  Abel felt that the geomantic omen of the United States for the next few decades would be on his side.

  Because of arriving late, Abel's motorcade doesn't have to be like the cars of those Hollywood superstars who came early.

  At six or seven o'clock, there was a long queue of traffic jams outside Murdoch's villa, which was photographed by reporters.

   When Abel's convoy arrived, there were still many reporters outside.

  These people also want to take pictures of celebrities leaving.

   "Ooooh! Look at that convoy, all Cadillacs. Don't think about it, it must be Abe Smith!"

   "Murdoch is still great. Even Abel Smith can be invited. I remember Redstone's banquet last month, but he was not invited."

   "What nonsense are you talking about! Last month Abel Smith was in New York to save the stock market! Not in Los Angeles, of course Redstone can't invite it!"

   "You are a reporter from CBS, of course you speak well of Redstone."

   "Fake YOU!"

  “.”

   There was a commotion among the entertainment reporters.

   The first car of the Abel team, handed over the invitation letter at the door of the villa.

   After confirming the identity of the convoy, the other guests could only get off at the door and enter by themselves.

  Abel's convoy, but the entire convoy drove in.

  At the same time, interested people who participated in the reception.

   also immediately found Murdoch's son, James Murdoch, trotting all the way to his father's side, and whispered a few words to Murdoch.

   Murdoch, who was talking to a few guys in suits and ties, immediately said "Excuse me", and then walked outside accompanied by his son.

  The more than one hundred guests at the reception all looked at Murdoch and his son.

  They didn't know what happened to make Murdoch and his son so moved.

  After Murdoch and his son left, News Corporation CEO Lei Wen also stood up to entertain everyone.

   Even if there are doubts and curiosity, no one dares to leave right now.

   Fortunately, Hollywood, or the media industry, has always been the most well-informed industry.

  This kind of well-informed was also reflected in the reception.

   Soon someone received a text message from the guarded entertainment reporters outside the Murdoch estate.

  In the past six months, two movies have been released in a row. Both received very good box office of Hollywood's new first-line actress Angelina Jolie.

  Holding her mobile phone, she whispered excitedly to her friend, the 1999 Oscar winner Gwyneth Paltrow: "It's Abel Smith!"

   In the present present.

  Gwyneth Paltrow's status in Hollywood is a little stronger than that of Angelina Jolie.

  Gwyneth Paltrow has already won the Oscar queen, even if she is called the water queen afterwards.

   That was also the Academy Award for Best Actress.

  In the same year, Angelina Jolie won the Best Supporting Actress, which was still a notch lower than that of Queen Shui.

  The two have a good relationship in the circle, and they are the core members of the "Bi Le Ge Chi Sisters Group" in Hollywood.

   "You mean, Murdoch and his son went out to pick up Abel Smith?"

   Gwyneth Paltrow said in a low voice.

   "It should be like this!" Angelina Jolie nodded in a low voice:

   "The paparazzi guarding outside Murdoch's villa, sent me a message saying so!"

  Gwyneth Paltrow nodded, just about to say something.

  They saw other Hollywood stars around them, as well as the reception guests commotion.

  It turned out that Murdoch and his son were already smiling, and walked out of the room with a tall man and a woman.

  Who are those young men and women who walk side by side like a pair of lovers but Abel Smith and Anne Hathaway?

   "Wow!" whispered Gwyneth Paltrow: "It's really Abel Smith coming!"

   "Well. Only he will let Murdoch and his son greet him in person!"

   Angelina Jolie also whispered.

   Angelina Jolie thinks this is understandable.

  She felt that changing to someone else would mean the arrival of Lei Shidong, who had the same status as Murdoch.

   It is estimated that there will be at most one James Murdoch, the son of the old Murdoch, to greet him.

   I once met Abel's Angelina Jolie at the reception of former caa CEO Michael Ovitz and at the premiere of Disney's "Princess Diaries".

   This famous Hollywood she-wolf.

  At this moment, like other "she-wolves", Abel staring at Anne's side all had green eyes!

  The story of Charlize Theron hooking up with Abe Smith at a reception, and then skyrocketing.

  Which Hollywood actress wouldn't want to do it all over herself?

  (end of this chapter)