Tuesday 22 March 2016

Facebook CEO Makes A Move In China


Facebook CEO is touring China with hopes of a comeback..
 If you are thinking in terms of mass appeal, this weekend turned out to be amazing for Facebook Inc Chief Executive Officer, Mr. Mark Zuckerberg.
Mr. Zuckerberg made his way back to Beijing for another trip that got ample traction in China’s local headlines along with the online fraternity. He initially came up with a post that became extremely popular through Tiananmen Square. This was merely covering an important conversation with Mr. Jack Ma- the founder of Alibaba and a top notch entrepreneur. Other than that, he also met Mr. Liu Yunshan, the propaganda chief of China.
Back in time, when Mr. Zuckerberg paved his way to China, he enthralled the masses with his great language skills. The masses did not expect him to be that good with Chinese however he fascinated them with his skills. At instances, when he was not visiting China, he acknowledged the President of the country that he has named his daughter Max a Chinese name as well.
The recent tours have engraved his name in China as the most recognized business tycoon. However, it is still not clear if his personal will help him achieve his final goal. Mr. Zuckerberg strongly desires that the country lifts the ban from its social media platform so that he gets access to 100 million Chinese users.
Making ties better with Chinese executives in such an open way is rather unusual for an executive. It needs to be noted that with power comes a lot of influence and thus any blow that is not governed by the Chinese Communist Party can be dangerous. China did a similar thing last month when a popular account of a real state behemoth that was widely followed in the region disappeared after criticism. Mr. Xi is extremely loyal to the country’s media.
Several technology firms belonging to America is striving to enter China over the past couple of years. However, they have now minimized their efforts. The founder of the ride hailing service, Uber usually travels to China however; news regarding his arrival merely surfaces in the region. Moreover, news about the LinkedIn deal with the Chinese venture capitalist entering China also did not garner traction and the event was just celebrated via a blog post.
If the social media giants succeed then other international firms can also get blocked in China. This means that they will get more access to reign over the rapidly evolving industry. This industry will be extremely regulated and its discourse will be under vigilance so that the boat dos not sink. In case anything wrong happens that the Chinese officials will not trust the foreign technologies ever again whatsoever. The best way to sustain in the region is by having a low profile approach.
Ironically, Facebook needs to win one person’s heart and that is Mr. Liu who for four years has managed the control over the China’s extremely censored and state regulated media.
During the meeting, Mr. Liu appreciated the technology prowess of FB however; he still laid emphasis on the importance of the Internet governance and that even via “Chinese characteristics” to a local news media platform. The statement highlights that the company will continue to regulate Chinese media.



No comments:

Post a Comment