How is this a breakup if Alibaba is just going to become a holding company owning those six new companies?
Alibaba breaks itself up in six
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Re: Alibaba breaks itself up in six
#12Great move. This will increase local competition and wages, diversify ideas and design, and make shareholders more money than as a single entity. As with Standard Oil and AT&T. The U.S. should continue investigating splitting up Alphabet, Apple, Meta, and Microsoft.
Honest question: why was this downvoted? To me it seems totally reasonable that:
> The U.S. should continue investigating splitting up Alphabet, Apple, Meta, and Microsoft.
Re: Alibaba breaks itself up in six
#13It’s always hard for me to understand the why when it comes to China’s government. “Investors cheer the move as signalling the end of China’s tech crackdown” If this is government action then why would this be the “end” of government involvement?
I think they mean the end of China’s crackdown wrt alibaba
Oh, got it. That makes more sense. I don’t know if it’s true even from that angle… but I get it.
Re: Alibaba breaks itself up in six
#14Great move. This will increase local competition and wages, diversify ideas and design, and make shareholders more money than as a single entity. As with Standard Oil and AT&T. The U.S. should continue investigating splitting up Alphabet, Apple, Meta, and Microsoft.
How would you split Apple? How would you split Meta (would you start charging for WhatsApp)?
Re: Alibaba breaks itself up in six
#15A missed opportunity to break it up into 40
took me a sec to realize that this was not a serious remark. :-)
Re: Alibaba breaks itself up in six
#16Great move. This will increase local competition and wages, diversify ideas and design, and make shareholders more money than as a single entity. As with Standard Oil and AT&T. The U.S. should continue investigating splitting up Alphabet, Apple, Meta, and Microsoft.
Honest question: why was this downvoted? To me it seems totally reasonable that: > The U.S. should continue investigating splitting up Alphabet, Apple, Meta, and Microsoft.
To me the comment isn’t relevant.
It’s not clear China’s government actions are “really” for the purposes as that comment indicates…
And frankly the list of companies is borderline nonsensical.
Re: Alibaba breaks itself up in six
#17Re: Alibaba breaks itself up in six
#18Great move. This will increase local competition and wages, diversify ideas and design, and make shareholders more money than as a single entity. As with Standard Oil and AT&T. The U.S. should continue investigating splitting up Alphabet, Apple, Meta, and Microsoft.
How would you split Apple? How would you split Meta (would you start charging for WhatsApp)?
WhatsApp used to charge, but really what they'd do is just charge facebook & whoever else for the data they're sharing.
Re: Alibaba breaks itself up in six
#19It’s always hard for me to understand the why when it comes to China’s government. “Investors cheer the move as signalling the end of China’s tech crackdown” If this is government action then why would this be the “end” of government involvement?
I'm not an expert on this, but from what I gather this all leads back to a power struggle between Jack Ma and Xi Jinping. Ma was ready to go public with AliPay and in the build up to it made a speech that criticised the government regulation as being out of date. This was viewed as a challenge to the governments power. Over the next few months the government moved to tighten regulations on companies like AliPay and disappeared Jack Ma. The government since then has basically completely taken over his entire empire, and sliced it up into pieces. This is basically Xi sending the message that private business in China will always defer to the government. All of this has natural absolutely tanked the value of China's tech sector. So people are hoping that now the worst of it is done and they no longer have enormous tech giants, but a series of smaller companies, that the government will return to being more hands off and in turn those smaller companies can return to more natural valuations.
Re: Alibaba breaks itself up in six
#20Great move. This will increase local competition and wages, diversify ideas and design, and make shareholders more money than as a single entity. As with Standard Oil and AT&T. The U.S. should continue investigating splitting up Alphabet, Apple, Meta, and Microsoft.
Honest question: why was this downvoted? To me it seems totally reasonable that: > The U.S. should continue investigating splitting up Alphabet, Apple, Meta, and Microsoft.
I disagree, and think it would be harmful. I think we’d be better off splitting up the US government into smaller pieces but everyone loses their mind when I suggest it.