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STRAMGT 373 Strategy Making in the Information Technology Industry

This page provides supplementary readings for students of the STRAMGT 373 class.

Yahoo search is complete: Alibaba finds a way to reap the riches of online China. Financial Times, Aug. 11, 2005
Yesterday Yahoo, the US portal, announced it would pay Dollars 1bn as part of a deal of gain a 40 per cent stake in Alibaba, a Chinese e-commerce company that had cash revenues of only Dollars 68m in 2004. The deal followed hard on the heels of a stunning Nasdaq debut this month by Baidu.com, the Chinese internet search company. Baidu's shares quickly soared to levels that gave it a p/e ratio of more than 2,000.
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US internet leaders battle for local allies and talent. Financial Times, Aug. 11, 2005
It has become one of the biggest strategic dilemmas for the US companies that dominate the world's internet activity. China, all agree, is the best long-term opportunity on the planet. But chances to break in and create stable e-commerce, search and internet-based communications businesses are few and far between.
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Crocodile amid the pebbles. Financial Times, Aug. 11, 2005
Local e-commerce companies such as Alibaba were like crocodiles in the Yangtze River that foreign "sharks" would find hard to fight if they swam up from the sea, Jack Ma, its chairman, said last year. "The smell of the water is different," he laughed, citing as evidence the failure of Yahoo, the US portal, to prevail in China against Nasdaq-listed but Chinese-run rivals such as Sina, Sohu and Netease.
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Linguistic and regulatory challenges hiding behind the Great Fire Wall. Financial Times, Aug. 11, 2005
China sent out its first e-mail on September 20 1987- a brief exchange between a Chinese scientist and his German counterpart. Now China has the world's second-largest online population and the internet is an increasingly vital vehicle for the empowerment of ordinary Chinese, writes Zhang Lifen.
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Why China Scares Big Oil. Fortune, July 25,2005
Focuses on China and its bid for the American oil company Unocal. Concerns of the United States about the bid by CNOOC (China National Offshore Oil Corp.)
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America isn't ready
Here's what to do about it. Fortune, July 25, 2005
Discusses whether the United States is ready to compete in the global market. Belief by analysts that the U.S. standard of living could stall or begin to decline; Assertion that we're not building human capital the way we used to; How the U.S. can become stronger in a new economic world.
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This Superpower isn't doomed to decline. Fortune, July 25, 2005
Focuses on Antwerp, Belgium, and the success of its economy. History of Antwerp; How it is a major center for the global diamond business; Difficult times that the city has gone through.
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Page updated by: Nora Richardson

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