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New Technology and New Company

The history of IT Industry witness the emergence and the fall down of many famous companies, most of which are labeled with a certain kind of technology. The development of these companies are tightly associated to corresponding technology.

For example, prior to the Microsoft Age, software was rarely considered as profitable, let along become the center of whole IT Industry. It is Microsoft led by Bill Gates that open the gate to proprietary software age. Microsoft teaches people all round the world (may be except China) that software development should be well respected as the other essential part of PC in spite of Hardware.
In the mid 90s, few people realized the power of Internet. Yahoo was one of the first companies that really treated Internet as paramount new media which can totally change the method of information distribution. Since then online AD gradually become the mainstream ad distribution method. Cherry Yang’s efforts greatly damage the traditional media like TV and Newspaper and reshuffle the whole media industry.
Similarly, another Internet giant Google has totally changed people’s way to get information since its setup at 1998. With novel PageRank technology, Google shows web users organized information indexed by millions of key worlds instead of orderless web pages.
Now Microsoft, Yahoo and Google have become the synonym of Software, Online Ad and Search Engine. It is new technology that creates the prosperity of these IT Giants. However, this is not always the case, new technology doesn’t always means new successful company.
Take Netscape as example. The Netscape Navigator represented the advent of Internet Age with rich multimedia content. With this revolutionary product, Netscape became the favorite of the Wall Street and its market value surplus 5 billion dollars in a short time. This situation was totally changed when Microsoft entered the field of web browser. In short 3 years, Netscape suffered from sever defeat in the both web browser and intranet market. Under the giant financial pressure from the Wall street, Netscape finished its brilliant and short life and was sold to AOL.
Compared with the trategy of Netscape, the ending of youtube is more pleasant. The creators sold youtube to Google with a high price, at which time youtube was burning money and didn’t have clear profit model. The two creators gains 300 million dollars respectively. Many other companies have the similar happy ending, like hotmail, doubleclick.
All of these companies hold new technology that has total redefined a market, however some of them succeed at last and some other are sold. We must admit that creators’ characteristics play an important role in the process. But creators’ choice is not the only reason. the characteristic of the technology and market condition have pre-decided the destiny of each company.
To produce a new IT giant, a new technology must has the following characteristics:

1.  Foundational Application with huge market demand
Not all technology is enough to support a huge IT giant. OS, online AD and search engine all share a common point: it is a necessity and foundation of whole industry. Every PC needs Operating System and all other software must be build on API of operating system. Online AD is in the base of Internet Economy, no Internet Company without the support of Online AD. Search Engine is the portal of Internet and it directly determine other websites’ flow, which is essential to generate profit.
Although applications like google map is awesome. It is not enough to support a independent company because map service is not a basic application of Internet Industry. It is in the upper layer of online ad and search engine. Map services rely online ad to make profits and search engine to import users. However, no other service is based on map service. Mail serice is similar. That’s the reason why Google Map, Gmail and Hotmail indeed cannot operated by independent company, but only by Search Engine company or Online AD provider.
2. Easy to understand.
No investor want to invest in a program he doesn’t understand. No matter how good the technology is, you cannot even start without the initial investment.
3. Gap with existing technology Or Ignorance of Existing Gaints.
The fall down of Netscape owes to its violation of this condition. Despite its importance, Web browser is indeed a simple software which is easy to reduplicate. At first, Microsoft didn’t realize the importance of web browser and didn’t pay much attention to this emerging market. However, the improper speech of Netscape’s CEO and the alliance of Netscape and Sun, the main competitor of Microsoft at that time, infringed the godfather of software industry. A crazy revenge started when Microsoft bind their own web browser to OS. In fact, it took Microsoft only several months to develop their own web browser and performance of IE caught up with Netscape Navigator in one year. With the profit generated by Windows OS and Office suite, Microsoft had no intend to earn money before Netscape is closed down.
4. Low Monetary Investment At the beginning Stage And Foreseeable Profit Model.
This can be used to explain why youtube is sold to Google. It is well known that online video is a promising mainstream application in the future. And youtube has solidify its own consolidate its leading position in video sharing market.  If the cash of youtube is enough to support itself for 3 year or long, there is no need for steve chen to sold youtube. However, online video uses so many network bandwidth that few investor has patience and enough money to wait for such a long time. Besides, if youtube has forseeable profitable profit model which can helps to persuade investors, youtube can walk longer in the way of independent development.

Unfortunately, youtube lacks both of the essential conditions. As a result, it is reasonable to accept the price when Google bids for 1.5 billions.

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Hello world!

Welcome to WordPress.com. This is your first post. Edit or delete it and start blogging!

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Aug 23

This is the 4th day of my life in Boston. To be honest, I miss home much, especially when I suffer from insomnia caused by time difference. Money is a key problem in this foreigh country. I only have 3k dollars now, yet I must pay rent of my house, buy furnitures and buy a computer. I don’t have local cellpohones thus not able to contact people conveniently. All in all, to begin a new life in a new world is not a easy thing.

Today I read an article about a girl’s 7-year struggling life in America.I was astonished by the determination and perservance of the heroine, who finished a ph.D degree of CS and a MS degree of BME in 4 years and then transferred to law school.I have the similar characteristics with the heroine, hope I can have a similar happy ending with her.

More and more students come to U.S. for higher degree and better education. However, only a small portion of them accquire real ability and become successful at last, the rest majority remains nameless and unsuccessful. The reason for this giant gap is their attitude towards studying abroad. Many students take the study in U.S as a sight-seeing tour trip. Pusuing higher education is only considered as a shortcut way to experience the alien living style.

I think living style is not worth to mention. You can also enjoy total different living style in western China, Africa or South America, yet no one is willing to go there. Every nation has its own living way and it is not necessary for we Chinese to live as a native American. In fact, I don’t think America living style is healthier and better thant that of Chinese

The true reason for me to come to U.S  is that I want to observe this society. U.S is a well-known matrure and efficient society which can provide more opportunities to talents and more stimulus to new technilogy. U.S is also the wealthiest country in this planet, yet few of native Americans know how this wealth is created, let alone foreighers. I want to get a better understanding to the process and eventrually be able to exert my influence on it.

I am not sure whether  I will go back to China or not in the future, but China has the highest priority. Sometime I am not willing to spent two much time in thinking about future because fate is usually out of our control

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Memory of Music

I was often jeered by others as a Desafinado in my childhood because of my voice. since my parents are average workers with little musical literacy, I have never received musical education. In fact, my knowledge of music is just a electrical organ brought by my grandparents, which was broken by myself later.

This situation continues until my sophomore year in the university. At that time, SECRET, Jay Chou’s first movie, was very popular among students. The melancholy tune of the movie greatly impressed me, activating my inner musical desire. Another reason why I like this movie is that I was in love with a girl similar to XIAOYU, the heroine of the SECRET. I have presentiment that the story between that girl and me will have the same ending with the movie. Although I tried my best, the predetermined thing still happened at last. To avoid the agony of departure, I plunged myself into Mathematical Modeling and Music. The sound of music was like a shield, protecting me from any sad sentiment. 

I also chosed piano as my optional class, which was a casual but lucky thing for me. I still remember the first day when I stepped into the art building of my university. It was a small yet elegant building located in a corner of the campus, a building can be easily recognized because of music drifted from its windows. I once introduced the art building to my foreign teacher as follows: "when you close your eyes and hold your breath, your heart will bring you to a place, that’s the art building." Whenever you cross the narrow corridor decorated by portraits of famous musicians, you can met one or two students with a score in their hands.

Mrs. Jiang, the teacher of the piano class, is a very beautiful and eager woman. She has spent all her efforts in the past 10 years, in her words, to spread the beauty of music to average students in HUST. Thanks to her efforts, I have the chance to touch the classical music. Since the number of students greatly surplus the capacity of Mrs. Jiang’s class, some students were transferred to the members of keyboard team to learn piano skills in detail. I learned piano firstly from Song Hongming, then from Liu Haokun. Song is a very lovely boy who has learned piano for 10 years. One of his habits is to collect the data of buses. It was said that he can remember all the bus number in Wuhan and Huangshi. Liu Haokun, the captain of the keyboard, is a charming person with high techniques not only in classical suites but also in pop pieces.

I have grown much in the past year accompanied by piano. Although my techniques are terribly bad in some senses, I like listening to the piano suites which can bring me to a holy state. Chopin and Beethoven are my favourite composers. Chopin’s nocturnes give me a sense of serenity and elegance, while his Polonaise show the Spartan side of the Piano Poet. Beethoven’s works has a distinctive mark of romance. Although his Pathetique was created before his deafness, the sonata still show the composer’s determined desire to take Fate by the throat. My favourite pianist are Li yundi and Horowitz. Yundi, the champion of 14th International Frederic Chopin Competition, has a unique temperament similar to Chopin, making him suitable for the expression of Chopin’s melancholic elegance. Horowitz is undoubtedly the most renowned classical pianist in the 20th century. His performance can always set up resonance in my heart.

The most lesson I learn from piano, or classical music in general, is that the the maturity of heart is also important to a person in spite of the accumulation of knowledge. The meaning of life is not just about the promotion of social state, bust also about the consummation of the soul.

(Welcome suggestion for grammers or styles)

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Some beautiful sentences from “The Gadfly”

The Gadfly  written by Ethel Lilian Voynich is a very important book which I’ve read from several times in the past 4 years.

These are some beatiful sentences of the book:

He pointed to the valley below them. Arthur knelt down and bent over the sheer edge of the precipice. The great pine trees, dusky in the gathering shaes of evening, stood like sentinels along the narrow banks confining the river. Presently the sun, red as a glowing coal, dipped behind a jagged mountain peak, and all the life and light deserted the face of nature. Straightway there came upon the valley something dark and threatening—sullen, terrible, full of spectral weapons. The perpendicular cliffs of the barren western mountains seemed like the teeth of a monster lurking to snatch a victim and drag him down into the maw of the deep valley, black with its moaning forests. The pine trees were rows of knife-blades whispering: “Fall upon us!” and in the gathering darkness rows of knife-blades whispering: “Fall upon us!” and in the gathering darkness the torrent roared and howled, beating against its rocky prison walls with the frenzy of an everlasting despair.

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my first blog written by ScribeFire Blog Editor 3.4

This is my first blog written by ScribeFire Blog Editor 3.4. It is a very useful addon for firefox browser. You can download it here:
https://addons.mozilla.org/en-US/firefox/addon/1730

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About Research

I’ve done research under the supervision of Prof Jiaqing Huang for almost a year. But in my view, Prof Huang is indeed not a good supervisor. The reason I hold this opinion is that he always pushs me to publish papers.

It is very hard for an undergraduate student to publish papers. Without a deep understanding of a field and the support of solid result, it is almost impossible for a researcher to locate the research direction and write a excellent paper. Both solid understanding and solid result requires devotion of time.

The deadlie of GlobeCom(Mar. 15) is approaching. Prof. Huang requires me to submit a paper to this conference. However, I couldn’t spend enough time in research because of my application. Although I’ve gotten some preliminary result, I still need a large amount of literation reading to support my research.

But time is not enough. To make the matter worse, prof. Huang have little knowledge of the research field I am involved. I couldnot find a profess familiar to my field, either.

Because of this reasons, I hold little hope for this paper.

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Choice

It seems that it is highly possible for me to get offers from Boston University, NTU and COSSE Program. Professor in NTU concentrates on  data mining in video and the research direction of professor in Boston is network optimization.

But I don’t know how to make a choice now. Boston University is very close to Harvard and MIT. If I go to BU, I may be able to communicate with many prominiant professors more directly. However, the professor in NTU seems to be conscientious, andin my point of view, computer vision is more prospective than network optimization.

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About Imperial College and NTU

I’ve just gotten an admission From Imperial College London(IC). IC is a very good university, however, the high tuition fees and soaring living expenses make it impossible for me to accept the admission.

So I seek help from CSC, a government-funded program. I hold little hope because the result of CSC scholarship comes out in June or July. I believe I can’t wait until then.

Anothe problem comes from Nanyang Technological University. An professor from NTU has called me several times. It seems that he wants me to promise him. So I may need to make a final decision several days later.

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This is my first live blog

Since Google Sites has been blocked in China, I lose a place to record my experience. For now on, I’ll record my research diary in Live Blog.