Yes, me. It's the single factual act of Google's history that sticks in my mind. It says to me someone near the top will lose revenue to make an ethical stand. I can't remember too many other concrete examples of this in large companies.
Yes, me. It's the single factual act of Google's history that sticks in my mind. It says to me someone near the top will lose revenue to make an ethical stand. I can't remember too many other concrete examples of this in large companies.
Google abandoned China because the Chinese government was hacking and stealing its technology, rerouting its traffic to homegrown and government-subsidized competitors like Baidu, and generally making the value of the market not worth the hassle. Google wanted to do business in China, but basically it couldn't. The government's demands to censor and monitor search results were just icing on a tall, thick cake.
To whatever extent Google based its decision to cede the Chinese market on ethical principles, that's wonderful and to be commended. But ethics probably had 10% to do with it. Principal always drives principle.
In the same vein, can the moral gains for Bloomberg from running these two stories outweigh the monetary/reporting freedom losses that will come too?
Maybe someone can get away with not doing the right thing once or twice and still be viewed as an overall ethical person, but just because they do the right thing once or twice does not earn them that honor.
The company has been trying on and on again to get into China somehow, Sandberg has been on the record saying "China's the big one" (she talked a lot about it in the Charlie Rose interview from some time back), Zuck himself I think was scheduled to give China another visit but those plans were presumably scrapped in the post-NSA-leaks environment.
Now more than ever, it is clear that no American social networking media company will ever have substantial market share in China. The Chinese government will never let it fly, it's as simple as that.
A free market in Internet companies in China is not possible until regime change in China. I think a change in government in China to a post-communist system is moderately possible, although various geopolitical trade-offs have caused this to take longer in China than it did in most parts of eastern Europe. The bubble economy in China makes it likely that there will be internal pressure there for regime change when the bubble pops.
Transitions in other Asian countries from authoritarian (which is what China is right now) to democratic governments typically coincided with the populace reaching a certain level of wealth and education.
I don't see that level being reached in China any time soon because the sort of accelerated export-oriented growth that worked in other Asian countries won't work when you have more than a billion people. China is still very far from the levels of wealth and prosperity in Korea or Taiwan when they transitioned to democracy.
I'm pretty sure the main reason is that his wife is ethnically Chinese. For business purposes, a translator is more than sufficient. And from what I remember, he gave this up after a year of private tutoring because he wasn't getting anywhere - you really have to make a big time commitment to learn a language like Chinese.