ULTRA-condensed knowledge
Alert, Beijing seeks to tame China’s tech giants, WSJ
- Mounting regulatory pressure could bring about a major shift in how China’s tech giants operate.
Lesson learned; The country’s State Administration for Market Regulation fined Alibaba
- In April, the country’s State Administration for Market Regulation fined Alibaba a record 18.2 billion yuan, the equivalent of $2.8 billion, for forcing vendors to sell exclusively on its platform, in a practice known as “er xuan yi,” or “choose one out of two.”
- Alibaba was also ordered to carry out a comprehensive revamp and submit “self-examination compliance reports” in the next three years.
Lesson learned, The competitive landscape in China’s tech industry
- On the one side stands Alibaba, its financial affiliate Ant Group Co., and Alibaba-owned firms like Ele.me, a food-delivery platform. The other camp includes Tencent and its many investee companies like e-commerce groups JD.com Inc., Meituan and Pinduoduo Inc.
Lesson learned, The fundamental competitive problem
- Angela Zhang, an associate professor of law at the University of Hong Kong and author of “Chinese Antitrust Exceptionalism,” said the split in China’s internet was a fundamental competitive problem.
- “Startups have no choice but to join either the Alibaba or Tencent camp, because the two control the so-called superapps that serve as gateways to vast amounts of users,” she said.
Genioux knowledge fact condensed as an image
Condensed knowledge
- Classical CONTEXT of the Digital Age
- g-f(2)45 "The Big Picture of the Digital Age": Knowledge opens the way to staggering opportunities, risks and challenges
- g-f(2)50 The Big Picture of the Digital Age: Mines of Golden Knowledge Growing Every Day
- g-f(2)74 THE BIG PICTURE OF THE DIGITAL AGE: Rapid change, incertitude and disruption, in a hypercompetitive environment
- g-f(1)28 The pyramid of knowledge of a “genioux fact”: From GOLD FRUITS to GOLD JUICES
- g-f(2)51 The Big Picture of the Digital Age: The Value of Golden Knowledge is Relative
- g-f(2)99 THE BIG PICTURE OF THE DIGITAL AGE, The “genioux facts”: Essential knowledge to unleash your limitless growth.
- g-f(2)75 THE BIG PICTURE OF THE DIGITAL AGE: “Infinite Learners” to keep pace with change, incertitude and disruption, in a hypercompetitive environment
- g-f(2)151 The Big Picture of the Digital Transformation, 3/1/2021, geniouxfacts, How To Succeed At Business Digital Transformation.
- g-f(2)153 The Big Picture of Business Artificial Intelligence (3/3/2021) in a Single “g-f KBP” Chart
- g-f(2)174 THE BIG PICTURE OF THE DIGITAL AGE (3/20/2021), geniouxfacts, Executive guide of golden knowledge to fire up your unlimited growth.
- CONTEXT the Golden Knowledge Path ("GKPath") digital highway
- "genioux facts", the online programme on MASTERING “THE BIG PICTURE OF THE DIGITAL AGE”, builds The Golden Knowledge Path (GKPath) to accelerate everyone's success in the digital age.
- The inverted mini pyramid of knowledge that is essential to travel on the Golden Knowledge Path ("GKPath") highway.
- g-f(2)261 The Big Picture of the Digital Age (5/5/2021), geniouxfacts, You are unique. Grow without limits in the digital age.
- g-f(2)257 The Big Picture of the Digital Age (5/3/2021), geniouxfacts, At any moment you take the fastest path (GKPath) to your greatness.
- g-f(2)254 The Big Picture of the Digital Age (5/1/2021), geniouxfacts, The Golden Knowledge Path (GKPath) to accelerate everyone's success.
- g-f(2)260 The Big Picture of the Digital Age (5/4/2021), geniouxfacts, Alerts, Warnings and Relevant Lessons Learned Traveling at High Speed on GKPath.
- The big picture of the digital age
- Opportunities updates (7/15/2021) for those traveling at high speed on GKPath!
- g-f(2)375 The Big Picture of Business Artificial Intelligence (7/15/2021), MIT Sloan, How to prepare for the AI productivity boom
- g-f(2)374 The big picture of the digital age, Untapped free golden knowledge of exceptional quality, YouTube Channel, Wharton School, 7/14/2021.
- g-f(2)370 The Big Picture of Business Artificial Intelligence (7/13/2021), PRNewswire, IoT Machine Learning and Artificial Intelligence Services to Reach US$3.6 Billion in Revenue in 2026
- g-f(2)369 The big picture of the digital age (7/12/2021), The Atlantic, KILL THE 5-DAY WORKWEEK
- g-f(2)368 The big picture of the digital age (7/12/2021), The Atlantic, The Pandemic Did Not Affect Mental Health the Way You Think
- g-f(2)367 The Big Picture of Business Artificial Intelligence (7/12/2021), Wired, Need to Fit Billions of Transistors on a Chip? Let AI Do It
- g-f(2)366 The big picture of your life (7/11/2021), geniouxfacts, Fishing for Golden Knowledge in the age of abundance
- g-f(2)365 The big picture of your life (7/10/2021), geniouxfacts, The digital age offers you a wonderful treasure tailor-made for you
- g-f(2)364 The big picture of your life (7/9/2021), geniouxfacts, The path to your greatness and your Personal Digital Transformation (PDT) in a “g-f KBP” Chart.
- g-f(2)363 The big picture of the digital age (7/8/2021), ASCM, COVID-19 Accelerates Technological Change
- g-f(2)362 The big picture of the digital age (7/8/2021), CIO, Predictive analytics: 4 success stories
- g-f(2)361 The big picture of the digital age (7/7/2021), MIT SMR, Summer 2021 Issue
- g-f(2)360 The big picture of the digital age (7/7/2021), HBR, Magazine (July–August 2021)
- g-f(2)359 The big picture of the digital age (7/6/2021), MIT SMR, Leadership at a Time When Every Company Is a Tech Company
- g-f(2)357 The big picture of the digital age (7/5/2021), The Week, Microsoft's quiet triumph
- g-f(2)356 The big picture of the digital age (7/4/2021), geniouxfacts, Challenge: Discover the treasure of the digital age
- g-f(2)355 The big picture of your life (7/3/2021), geniouxfacts, Enjoy the greatest pleasure of learning with the “g-f” golden juices of knowledge
- g-f(2)353 The big picture of the digital transformation (7/2/2021), WEF, Digital Culture: The Driving Force of Digital Transformation
- g-f(2)343 The big picture of the digital age (6/26/2021), geniouxfacts, Learn to Fish Golden Knowledge (GK) to Unleash Your Unlimited Growth
- g-f(2)346 The big picture of your life (6/28/2021), geniouxfacts, All who fish for Golden Knowledge (GK) to grow find
- g-f(2)339 The big picture of your life (6/24/2021), geniouxfacts, Take advantage of the wisdom of geniuses applied to the digital age
- g-f(2)338 The big picture of your life (6/24/2021), geniouxfacts, Take advantage of popular wisdom applied to the digital age
- The big picture of your life can drastically limit your growth, or it can open up unimaginable opportunities.
- Your Personal Digital Transformation (PDT) is potentially wonderful and disruptive!
- g-f(2)334 The big picture of the digital age (6/21/2021), WSJ, U.S. Economy Is Bouncing Back From Covid-19. Now Foreign Investors Are Rushing In.
- g-f(2)333 The big picture of the digital age (6/20/2021), geniouxfacts, How AI teaches how to optimize human intelligence
- g-f(2)332 The Big Picture of Business Artificial Intelligence (6/20/2021), IBM, Global Data from IBM Points to AI Growth as Businesses Strive for Resilience
- g-f(2)331 The Big Picture of Business Artificial Intelligence (6/20/2021), IBM, Global AI Adoption Index 2021
- g-f(2)320 The Big Picture of Business Artificial Intelligence (6/14/2021), VB, DeepMind says reinforcement learning is ‘enough’ to reach general AI
- g-f(2)249 The Big Picture of the Digital Age (4/28/2021), geniouxfacts, There are emerging technologies and multidisciplinary knowledge that can radically improve the world.
- g-f(2)314 The big picture of the digital age (6/9/2021), NYT, Media, Senate Passes Bill to Bolster Competitiveness With China!
- g-f(2)312 Ultra Condensed Golden Knowledge Juice: In the current big picture of the digital age (6/8/2021), your Personal Digital Transformation (PDT) is potentially wonderful and disruptive!
- g-f(2)311 The big picture of the digital age (6/7/2021), MIT SMR, How a Startup Mindset Brews Innovation at a Global Scale
- g-f(2)310 The big picture of the digital age (6/7/2021), WSJ, FBI Director Compares Ransomware Challenge to 9/11.
- g-f(2)309 The big picture of the digital age (6/6/2021), geniouxfacts, Ultra Condensed Golden Knowledge Juice: In the current state of the art Digital Transformation (DT) is wonderful and potentially disruptive!
- g-f(2)308 The Big Picture of Business Artificial Intelligence (6/5/2021), geniouxfacts, Ultra Condensed Golden Knowledge Juice: AI in Its Current State Is Already Wonderful.
- g-f(2)307 The Big Picture of Business Artificial Intelligence (6/3/2021), MIT Technology Review, AI is learning how to create itself.
- g-f(2)302 The big picture of the digital age (5/31/2021), MIT SMR, Self-Sufficient Production Following the Pandemic.
- g-f(2)301 The big picture of the digital age (5/30/2021), MIT SMR, Digital Fabrication During the COVID-19 Pandemic.
- g-f(2)300 The big picture of the digital age, Untapped free golden knowledge of exceptional quality, Boston Global Forum YouTube channel, 5/30/2021.
- g-f(2)299 The big picture of the digital age, MIT SMR, THE THIRD DIGITAL REVOLUTION: 10 relevant lessons learned (5/30/2021).
- g-f(2)126 THE BIG PICTURE OF THE DIGITAL AGE, MIT SMR, The Promise of Self-Sufficient Production. Digital fabrication represents a third digital revolution.
- g-f(2)254 The Big Picture of the Digital Age (5/1/2021), geniouxfacts, The Golden Knowledge Path (GKPath) to accelerate everyone's success.
- g-f(2)260 The Big Picture of the Digital Age (5/4/2021), geniouxfacts, Alerts, Warnings and Relevant Lessons Learned Traveling at High Speed on GKPath.
- g-f(2)271 The Big Picture of the Digital Age (5/11/2021), geniouxfacts, The inverted pyramid of knowledge of a “genioux fact fast solution”: From GOLD JUICES to GOLD FRUITS.
- g-f(2)256 The Big Picture of the Digital Age (5/2/2021), geniouxfacts, The fundamental knowledge mini-pyramid for traveling on the "GKPath" highway.
Alert, Beijing seeks to tame China’s tech giants, WSJ
- Mounting regulatory pressure could bring about a major shift in how China’s tech giants operate.
Lesson learned; The country’s State Administration for Market Regulation fined Alibaba
- In April, the country’s State Administration for Market Regulation fined Alibaba a record 18.2 billion yuan, the equivalent of $2.8 billion, for forcing vendors to sell exclusively on its platform, in a practice known as “er xuan yi,” or “choose one out of two.”
- Alibaba was also ordered to carry out a comprehensive revamp and submit “self-examination compliance reports” in the next three years.
Lesson learned, The competitive landscape in China’s tech industry
- On the one side stands Alibaba, its financial affiliate Ant Group Co., and Alibaba-owned firms like Ele.me, a food-delivery platform. The other camp includes Tencent and its many investee companies like e-commerce groups JD.com Inc., Meituan and Pinduoduo Inc.
Lesson learned, The fundamental competitive problem
- Angela Zhang, an associate professor of law at the University of Hong Kong and author of “Chinese Antitrust Exceptionalism,” said the split in China’s internet was a fundamental competitive problem.
- “Startups have no choice but to join either the Alibaba or Tencent camp, because the two control the so-called superapps that serve as gateways to vast amounts of users,” she said.
Category 2: The Big Picture of the Digital Age
[genioux fact deduced or extracted from WSJ]
This is a “genioux fact fast solution.”
Tag Alerts those traveling at high speed on GKPathType of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).
Type of validity of the "genioux fact".
- Inherited from sources + Supported by the knowledge of one or more experts.
Authors of the genioux fact
References
Alibaba and Tencent Consider Opening Up Their ‘Walled Gardens’, Jing Yang and Keith Zhai, July 12, 2021, The Wall Street Journal, WSJ.
ABOUT THE AUTHORS
Jing Yang
Senior Correspondent, The Wall Street Journal
Jing Yang is a Hong Kong-based senior correspondent covering M&A, IPOs, private equity and broad finance and business news in the region. She previously covered Chinese conglomerates for Bloomberg News in Shanghai and has also worked at the South China Morning Post and shipping journal Lloyd's List.
Jing has a master's degree in journalism from The University of Hong Kong. She can be reached at jing.yang@wsj.com or +852-2832-2331. Follow her on Twitter @jingyanghk
Keith Zhai
Senior Correspondent, The Wall Street Journal
Keith Zhai is a senior correspondent for The Wall Street Journal who covers China and its impact on the world out of Singapore.
He was part of a team of Reuters reporters that won the Pulitzer finalist for international reporting for coverage of the Hong Kong protests in 2019. He has also received awards from the Society of Publishers in Asia, the region's top journalism awards.
He can be reached at Keith.Zhai@wsj.com or @qizhai.
Key “genioux facts”
- Classical CONTEXT of the Digital Age
- g-f(2)45 "The Big Picture of the Digital Age": Knowledge opens the way to staggering opportunities, risks and challenges
- g-f(2)50 The Big Picture of the Digital Age: Mines of Golden Knowledge Growing Every Day
- g-f(2)74 THE BIG PICTURE OF THE DIGITAL AGE: Rapid change, incertitude and disruption, in a hypercompetitive environment
- g-f(1)28 The pyramid of knowledge of a “genioux fact”: From GOLD FRUITS to GOLD JUICES
- g-f(2)51 The Big Picture of the Digital Age: The Value of Golden Knowledge is Relative
- g-f(2)99 THE BIG PICTURE OF THE DIGITAL AGE, The “genioux facts”: Essential knowledge to unleash your limitless growth.
- g-f(2)75 THE BIG PICTURE OF THE DIGITAL AGE: “Infinite Learners” to keep pace with change, incertitude and disruption, in a hypercompetitive environment
- g-f(2)151 The Big Picture of the Digital Transformation, 3/1/2021, geniouxfacts, How To Succeed At Business Digital Transformation.
- g-f(2)153 The Big Picture of Business Artificial Intelligence (3/3/2021) in a Single “g-f KBP” Chart
- g-f(2)174 THE BIG PICTURE OF THE DIGITAL AGE (3/20/2021), geniouxfacts, Executive guide of golden knowledge to fire up your unlimited growth.
- CONTEXT the Golden Knowledge Path ("GKPath") digital highway
- "genioux facts", the online programme on MASTERING “THE BIG PICTURE OF THE DIGITAL AGE”, builds The Golden Knowledge Path (GKPath) to accelerate everyone's success in the digital age.
- The inverted mini pyramid of knowledge that is essential to travel on the Golden Knowledge Path ("GKPath") highway.
- g-f(2)261 The Big Picture of the Digital Age (5/5/2021), geniouxfacts, You are unique. Grow without limits in the digital age.
- g-f(2)257 The Big Picture of the Digital Age (5/3/2021), geniouxfacts, At any moment you take the fastest path (GKPath) to your greatness.
- g-f(2)254 The Big Picture of the Digital Age (5/1/2021), geniouxfacts, The Golden Knowledge Path (GKPath) to accelerate everyone's success.
- g-f(2)260 The Big Picture of the Digital Age (5/4/2021), geniouxfacts, Alerts, Warnings and Relevant Lessons Learned Traveling at High Speed on GKPath.