Why not a Chinese-Owned Yahoo?
There are those who feel nervous about the prospect of privacy issues should Yahoo become Chinese-owned. But should Americans instead be welcoming direct investment from China?
What's the Latest Development?
Jack Ma, the founder and CEO at Alibaba-Taobao, the successful Chinese e-commerce company, has expressed interest in taking over a distressed Yahoo, prompting some U.S. journalists to predict privacy issues for Yahoo e-mail users, or even national security issues for the U.S. government. One critic suggested an Alibaba takeover of Yahoo would sanction the surveillance of millions of Americans.
What's the Big Idea?
But Bill Powell says that these days the U.S. desperately needs direct investment from China that goes somewhere else other than into Treasury debt. China still has huge amounts of dollar reserves that it needs to redeploy but if the U.S. keeps someone like Jack Ma from pursuing a deal "because of specious 'privacy' or national security issues, then we are well and truly clueless—dumber even than the Chinese leadership these days thinks we are."
- The meaning of the word 'confidence' seems obvious. But it's not the same as self-esteem.
- Confidence isn't just a feeling on your inside. It comes from taking action in the world.
- Join Big Think Edge today and learn how to achieve more confidence when and where it really matters.
- There are 2 different approaches to governing free speech on college campuses.
- One is a morality/order approach. The other is a bottom-up approach.
- Emily Chamlee-Wright says there are many benefits to having no one central authority on what is appropriate speech.
America continues to tread water in healthcare and education while other countries have enacted reforms to great effect.
- The American healthcare and education systems are known to need some work, but a new study suggests we've fallen far in comparison to the rest of the world.
- The findings show what progress, if any, 195 countries have made over the last twenty years
- The study suggests that economic growth is tied to human capital, which gives a dire view of America's economic prospects.
- Economist Sylvia Ann Hewlett breaks down what qualities will inspire others to believe in you.
- Here's how 300 leaders and 4,000 mid-level managers described someone with executive presence.
- Get more deep insights like these to power your career forward. Join Big Think Edge.
SMARTER FASTER trademarks owned by The Big Think, Inc. All rights reserved.