America's Road to Wealth

As the founder of Qualcomm.

Irving Jacobs only holds 0.13% of Qualcomm shares.

It's okay when shareholders' equity is dispersed.

Irving Jacobs can firmly control the communications company with the authority of the founder.

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

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

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

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

Owen Jacobs didn't know yet that dawn was coming.

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

The founder is still very happy that this person is so rich and has such a high status.

Therefore, Owen Jacobs also supports Abel's appointment.

When Abel promised to inject more funds and gave himself a 30% salary increase among the company-wide salary increases.

Owen Jacobs was even less resistant to him.

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

There were some documents placed in front of Abel, all of which were detailed information about Qualcomm and some confidential research directions.

In 1998, Qualcomm sold its mobile phone division.

Then he began to concentrate on researching semiconductor chips and various communication technologies.

Currently, Qualcomm has only three subsidiaries, namely Qualcomm Semiconductor Business (QCT) Department and Qualcomm Technology Licensing Business (QTL) Department.

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

Qualcomm Technology Licensing (QTL) department is a famous patent troll.

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

Its mission is to litigate lawsuits all over the world all day long, and the people it files lawsuits against are all giants from various countries, or simply the government of various countries.

It is also the sub-department within Qualcomm that spends the most money, apart from the R\u0026D department.

The fines paid to governments around the world every year, as well as the legal fees paid to lawyers, are astronomical sums.

As for the last department, it’s called Qualcomm Ventures.

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

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

The actual funds invested were less than US$50 million.

When even the head office is short of money, how can Qualcomm get the money to invest in investment companies?

After reading these information roughly, Abel had an idea in his mind.

That is, since I have built Tesla in advance, I still want to promote the emergence of electric vehicles in advance.

Now we have Qualcomm, the most important core enterprise for the future mobile Internet.

Why can't I bring about the mobile Internet era in advance?

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

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

That should come to the popularization of 4g signals.

In this 2G era where 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, 3G signals seemed to have been available after 2008.

In this day and age, America is leading the way.

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

Thinking of this, Abel asked Owen Jacob softly.

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

"Yes." Owen Jacob nodded, "There are many popular signal standards in the world, but they are all developed from TDMA and our CDMA technology."

Most mobile communication technologies have always been derived from these two types.

The earliest one that appeared was time division multiple access technology (TMDA). At that time, the investment of industry giants basically went into this field.

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

They also took advantage of the time when the major giants were paying attention to TDMA.

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

By the time the giants discovered it, Qualcomm had become the king of CDMA.

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

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

PHS uses CDMA technology, which is licensed by Qualcomm.

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

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

Nokia also relies on the patent of this technology and is currently one of the world's mobile phone overlords.

"You can say that." Owen Jacob said softly: "But I believe that 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 arrive?"

Owen Jacob's answer surprised Abel.

The founder of Qualcomm said: "It is already on its way. Starting this year, Verizon Communications, AT\u0026T, and T-Mobile, these three companies have begun laying 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, China Telecom, and Telecom, except that they are also private companies in the United States.

"Yes." Owen Jacob smiled:

"It is expected that network testing will be available at the end of next year or early 2003. If all goes well, 3G signals will appear on federal lands after 2003."

The news revealed by Owen Jacob immediately made Abel realize——

Mobile Internet 1.0 is coming! !

There is no need for him to push it, under the competition of profits and competitors.

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

Abel couldn't help but feel a little lucky. No wonder his talent allowed him 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.

cmda's advantages in 3G will make everyone understand the value of Qualcomm.

That’s when the cesspit will begin to transform into a gold mine.

Acquisitions would no longer be as difficult as they are now.

Abel couldn't help but breathe a sigh of relief, feeling a little happy at the same time.

He encouraged Owen Jacobs a few more words.

He left Qualcomm at four in the afternoon and went to Pacific Energy, which is still headquartered in San Diego.

After two hours at Taiping Energy Company.

He got on the helicopter directly on the helipad on top of the Pacific Energy headquarters building, left San Diego, and returned to Santa Barbara.

Two days later.

evening.

Beverly Hills, 812 North Bedford Road.

"Honey, how about this one?"

Abel was sitting on the sofa with his legs crossed and a notebook on his lap, reading the company's internal emails.

He raised his head and saw Anne Hathaway wearing a black double-breasted round-neck coat with white and black edges. She had a high ponytail on her head and a black velvet headband inlaid with pearls. Cloakroom door.

"Well, that's right, but where's your skirt or pants?"

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

Annie raised the corner of her mouth, reached out and took a pair of white pants from the side and showed them how to match them, asking Abel to make suggestions.

"That's it, it's very beautiful." Abel felt good. After finishing with a smile, he continued to read the information on the computer.

Annie didn't bother him and happily went to put on makeup and change clothes by herself.

Abel had been on the West Coast for some time, and his women knew it.

During this time he lived mainly in Santa Barbara, and they all knew it.

They also knew that there were two women where Abel lived.

One of them is pregnant and the child is his.

But what can they do?

A woman who has not been in the Smith Family Office has no right to know these things.

Even if I know it, I have no confidence.

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

As for the women who know these things and have joined the Smith Family Office.

It becomes even more difficult for them to leave him.

I can only scold Ikana and Paris privately.

Lose your temper in front of him again and within his tolerance.

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

Anne was very happy and felt that this was a sign of her important psychological status in him.

When I heard Abel say that there was a drinking party tonight, he planned to take him there.

Anne was even more happy.

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 clothes and put on makeup, came to Abel's side.

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

Until Abel finished work and saw her dressed up sitting next to him.

Then he remembered, "Oh, it's time."

Abel smiled and said, "Let's go to the cocktail party."

"OK!"

Annie nodded excitedly and happily, and he held her hand and walked outside.

The cocktail party the two of them were going to attend was held in Beverly Hills.

The initiator of this cocktail party is one of the super bosses in the American media industry.

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

Murdoch held a grand cocktail party at his hilltop estate in Beverly Hills.

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

Murdoch's cocktail party was as attractive as Vanity Fair to the media or Hollywood.

Like Anne, after having Abel, she no longer cared much about this kind of drinking party.

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

In order to be able to participate in a cocktail party of this level, in order to be able to enter the venue and look for opportunities.

Just the qualification to enter is almost enough for most of the little stars outside the fourth tier, as well as those who are new to the industry, to sacrifice everything for it.

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

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

It was only after one of his own people learned about Murdoch's purpose for the reception that Abel accepted the invitation.

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

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

But how can a tycoon travel on foot?

It is still the standard configuration for Abel when traveling.

There are seven Cadillacs in total, three SUVs, three sedans, and a modified Cadillac monster in the middle.

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

We came to the brightly lit Murdoch Villa at the core of the mountain top.

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

Generally speaking, drinking parties among European and American elites will start around six or seven o'clock.

It ends around 9 to 10 pm.

Regardless of 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 cocktail parties in Europe and the United States. People with the highest status always arrive later and leave earlier.

Only those of lower status who desperately want to gain a foothold in the reception will be the first to arrive and the last to leave.

As the boss of the new media giant Smith Media, he is no less than Rupert Murdoch's Abel in the media field alone.

He was clearly of high status.

If you include Abel's influence in other places, even Murdoch cannot compare with him.

With him like this, if he attends a cocktail party hosted by Murdoch, it can be said that his willingness to come is already giving Murdoch face.

Arrival late and late are naturally nothing.

Speaking of which, the first time Abel and Murdoch met was also at a cocktail party.

That was last year.

A charity reception hosted by several major New York media giants and Texas Commerce Bank in Manhattan.

Abel participated at that time, and because of Texas Commerce Bank's insistence, he sat on the main seat, which surprised many New York rich people at the time.

You must know that the cocktail party was the second time Abel appeared in the mainstream view.

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

Murdoch was also in the chair at the time.

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

In other words, at that time, Abel could not compare to Murdoch in terms of social status in the United States.

Now one year has passed, just one year.

Murdoch's status is still the same, but Abel has made rapid progress.

He has grown to a level that even Murdoch cannot compare to.

The so-called feng shui is just like this.

Abel felt that the feng shui in the United States in the next few decades would be on his side.

Because he arrived late, Abel's motorcade did not have to be like the cars of the Hollywood superstars who arrived early.

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

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

These people also want to take photos of the stars leaving the show.

"Oh oh oh! Look at that motorcade, all Cadillacs. No need to think, it must be Abel Smith here!"

"Murdoch is still awesome. He can even invite Abel Smith. I remember he was not invited to Redstone's banquet last month."

"What nonsense are you talking about! Abel Smith was in New York to save the stock market last month! He's not in Los Angeles, so of course Redstone can't hire him!"

"You are a CBS reporter. Of course you have good things to say about Redstone."

"FAK YOU!"

"."

There was some commotion among the entertainment reporters.

Abel was the first car in the motorcade and handed an invitation letter at the door of the villa.

After confirming the identity of the motorcade, other guests can only get off the car at the door and go in by themselves.

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

At the same time, the thoughtful people attending the reception.

He also immediately discovered that Murdoch's son James Murdoch ran 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 immediately looked at the Murdochs and his son.

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

After Murdoch and his son left, News Corp. CEO Raven also stood up to entertain everyone.

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

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

This well-informed attitude was also reflected at the reception.

Soon someone received text messages from the entertainment reporters outside the Murdoch Manor.

In the past six months, two movies have been released consecutively. Hollywood's new A-list actress Angelina Jolie has received very good box office results.

She held her cell phone and whispered excitedly to her friend Gwyneth Paltrow, the 1999 Oscar winner: "It's Abe Smith here!!"

In the present present.

Gwyneth Paltrow's status in Hollywood is slightly stronger than Angelina Jolie's.

Gwyneth Paltrow has already won an Oscar for Best Actress, even if she was later called a queen.

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 behind Queen Elizabeth.

The two have a good relationship in the industry and are core members of the "Bi Lie Ge Chi Sisters" within Hollywood.

"You mean that the Murdochs and his son went out to pick up Abel Smith?"

Gwyneth Paltrow lowered her voice.

"That should be it!" Angelina Jolie nodded softly:

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

Gwyneth Paltrow nodded and was about to say something.

They saw a commotion among other Hollywood stars and guests at the reception.

It turned out that the Murdoch father and his son were already smiling, and a tall man and a woman came out of it.

Those young men and women walking side by side, like a perfect couple, who are they if not Abel Smith and Anne Hathaway?

"Wow!" Gwyneth Paltrow whispered: "It's really Abe Smith who's here!!"

"Yes. 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 if it were anyone else, even Redstone, who had the same status as Murdoch, would arrive.

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

Angelina Jolie, who met Abel once at a reception hosted by former CAA CEO Michael Ovitz and at the premiere of Disney's "Princess Diaries".

This famous Hollywood she-wolf.

At this time, like the other "she-wolves", she stared at Abel next to Annie with green eyes!

The story of Charlize Theron hooking up with Abel Smith at a cocktail party and taking off from there.

What Hollywood actress wouldn't want to repeat herself?