Rebirth of England.

In fact, as time goes by, the CDO gambling agreements and CDS bonds held by black swan funds will bring increasing losses to their gambling "clients".

But success in choosing the right direction is one thing, and how to ensure that their profits can be "secured" smoothly is also a problem.

After all, what needs to be considered is that the Black Swan Fund is so big that it can be said that it is almost on the opposite side of Wall Street. Their betting clients include not only the five major investment banks on Wall Street and some established commercial banks, but also some large European companies. investment banking.

What are the rules? Does it have to be followed?

If you really think that the West "respects the rules", then you are really out of your mind.

They don't mind following the rules as long as they can bear it, but when it comes to life and death... what are the rules?

But there is no need to worry too much, because as the market reversal moment comes, except for some investment banks that are deeply involved in it and have invested too much in the subprime loan market and are difficult to turn around, other institutions will immediately change The position has changed from long to short. In this case, those institutions that are too late to change will become the prey.

Including Goldman Sachs and Morgan Stanley, they will be part of the reversal. They have begun negotiations with the Black Swan Fund - they hope to resolve these gambling agreements as soon as possible and join the short selling. In the hands of the Black Swan Fund, Then it has the most short-selling chips.

Now, the development is about to enter the second stage of the subprime mortgage crisis. Before that, the profits of the Black Swan Fund have exceeded 20 billion US dollars...

……

Just two weeks after the successful launch of Honor Mate 1, on July 7, the Open Handset Alliance held its first developer conference in Los Angeles.

This alliance was announced at the Android conference at the beginning of the year. Its purpose is to support the Android mobile operating system and application software released by Android companies, and to jointly develop the open source code of the Android system.

Members of the Open Handset Alliance (OHA) mainly include mobile phone manufacturers, mobile phone chip manufacturers and operators.

Current members of the Open Handset Alliance include Android, Honor Electronics, Woaw Technology, Samsung, Qualcomm, Texas Instruments, O2 Telecom, China Mobile, Intel, LG, Motorola, T-Mobile, Telecom Italia, Telefonica, China Unicom, There are more than companies including NVIDIA, ARM, Broadcom, and Avago.

These companies will become founding members of the Open Handset Alliance.

In addition, at this developer conference, the Android company released the latest update to Android system version 1.1, and announced that it will release the first major upgrade version of the Android system before the end of this year, Android system version 1.5 Cupcake (cupcake) - Just like the original time and space, every major Android update version will be named after some kind of dessert.

After Apple and Honor Electronics successively released the epoch-making full-touch screen smartphones of the IPhone and Mate series, because Apple’s iOS system is not open but a closed system, mobile phone manufacturers have begun to join the Android camp. , putting the development of new smartphones equipped with Android system on the agenda.

But when they launch these mobile phone models, it will have to wait until next year at the earliest...

After all, after the launch of IPhone 1 and Mate 1, subsequent manufacturers hope to develop similar mobile phone models. One problem that still needs to be solved is how to bypass some of the patented technologies, including appearance patents.

Companies including Samsung, Motorola, LG, etc. all have plans to launch Android phones. At this time, Nokia, the leader in the mobile phone industry, is still focusing on its own Symbian system.

In addition, Google, which acquired the Android company in Barron's previous life, is also accused of secretly developing its mobile operating system and may launch it before the end of the year...

The Android company does not pay too much attention to this, but speeds up version development and updates at its own pace.

After all, in Barron's previous life, after Apple's iOS system and Android system were launched, it was not that there were no other major manufacturers launching other mobile operating systems to compete, including powerful ones like Microsoft, which did not respond to this question. Both pose too great a threat.

……

After entering July, IC Capital completed another investment. They invested US$7 million in Twitter, acquiring 500% of the shares of the start-up company that had been established for about a year.

Twitter began as a simple group messaging service called twttr, developed by Jack Dorsey of the podcast company Odeo.

Odeo failed at podcasting and was acquired by a group of employees who decided to focus on social networking.

In March 2006, Twitter was founded by Jack Dorsey, Noah Glass, Biz Stone and Evan Williams, and was officially opened to the public on July 3.

To put it simply, Twitter can be regarded as a product similar to China’s Weibo, except that it later developed into a global social media platform, and in Barron’s previous life, it was acquired by Musk, the richest man at the time, and changed its name. for X.

Twitter is currently in a very early stage. IC Capital’s $500 million investment did not even require Ivanta’s personal intervention. Instead, it was completed by sending an investment manager.

After Woaw acquired DoubleClick and YouTube, IC Capital held 8.12 million Woaw Technology shares, accounting for 16.92% of Woaw's total share capital, becoming its second largest shareholder.

Although there have been signs of the subprime mortgage crisis since February this year, until now, it has not spread to the entire American stock market. Even various stock indexes are constantly climbing to new highs after the Internet bubble crisis.

Woaw Technology's stock price has also been rising due to the increase in its users and advertising revenue. It has currently exceeded $6.8 and is heading towards $7.

It’s not just Woaw, but the stock prices of Internet technology companies such as Microsoft, Google, Amazon, and Skype are all rising. It can be said that the stock market is now booming, and the sharp decline in the stock prices of subprime mortgage-related companies is just a "little episode" in it. "That's all.

At this time, IC Capital began to reduce their holdings of Woaw shares.

Of the total 8.12 million Woaw shares they hold, 6.6 million shares were previously mortgaged to obtain funds and invested in the Black Swan Fund. However, when the YouTube was sold last time, IC Capital except Woaw shares , also received $3.5 million in cash.

After paying back part of the loan to the bank, they also "unlocked" the partially collateralized Woaw shares.

IC Capital’s goal is to reduce its holdings of Woaw shares by more than 3 million shares from 2 million shares to about 8.12 million shares before March next year.

It is expected that as Woaw's share price rises, it should be able to obtain US$14-15 billion in funding.