Chapter 1204: Former giants

The Asia-Pacific Network Information Security Summit ended, and the meeting passed a resolution to finalize the new international encryption algorithm standard.
With reference to this standard, the communication departments of various countries will upgrade a series of systems with hidden safety hazards such as finance and the Internet, and replace more secure quantum encryption algorithms according to their own needs.
Of course, most countries directly copy the qs2000 encryption algorithm proposed by China.
After all, this stuff and the quantum computer were all made by Professor Lu. Probably no one knows better than him how to defend against cyber attacks launched by the quantum computer.
And no matter how you look at it, Professor Lu's achievement in mathematics is a little higher than in physics.
Even if it is a psychological comfort, it is better than nothing.
North American California.
At the company headquarters, a board meeting is about to be held.
Entering the conference room and sitting down, the expression on Ceo Malcatti's face sank into the water, and he could not see the slightest trace of ease, even if he tried to make himself look more comfortable with the current situation, he could not do it at all.
The situation has been very bad recently.
The Asia-Pacific Cable Plan No. 3 failed, the company's stock price continued to fall, and earnings failed to meet expectations. Although some of this was caused by the external environment, it cannot be ignored that the board of directors did not see any opportunity to reverse the situation.
In particular, East Asia Communications has completed the merger, acquisition and reorganization of domestic communications companies, and has aggressively entered the international market.
There is no doubt that these industry giants, who have monopolized the market for decades, are facing the worst crisis ever.
Coincidentally, just a few days ago, at the recently concluded Asia-Pacific Network Information Security Summit, China has united more than 50 countries to set up the "New Global Submarine Fiber Optic Cable Committee", abbreviated gsoc, and planned a plan along the conference. The Tropic of Cancer crosses the Pacific Ocean, runs through Central America, connects the Atlantic Ocean, crosses the Mediterranean Sea, and leaps over the quantum cable of the Indian Ocean.
And this optical cable worth more than 50 billion US dollars has nothing to do with them.
Not only that, the United States, which originally opposed this submarine quantum optical cable, suddenly became ambiguous.
At least Congress has decided to set aside the White House and let the Federal Communications Commission come forward to discuss with China the "access to the Internet."
National interest is important, but it must also be under the premise of protecting the interests of Wall Street.
If Wall Street loses control of the global economy, the United States, which has transformed the service industry into a pillar industry and has gone to the end of de-industrialization, will absolutely not be able to support the current economic scale. Once such things happen, the consequences will be unimaginable.
Not surprisingly, this technology of absolute secrecy is the future trend.
After all, with traditional optical cables, the transmitted data is completely secretive in front of a quantum computer. You only need to cooperate with a nuclear submarine to do data collection, and you can monitor the entire line of communication without being discovered by anyone.
With the computing power of the quantum computer, the person who collects the data also absolutely has the ability to filter out the useful part from the ocean of data.
If even basic security cannot be guaranteed, there is no such thing as credit.
"Mr. Makati," looked up at Makati, who was sitting at the conference table, and chairman Bob Carter stared at his eyes, gently penned the notebook with a pen cover and said, "You are finally here."
Try to say.
"Things at work are slightly delayed, can we get started."
"Of course, but before the meeting, I want to ask you something."
"whats the matter?"
"We learned that in the global submarine cable project, our company seemed to be completely excluded, and there was no progress," his eyes gradually became sharper, and Carter raised the volume slightly and asked, "Is that so? "
Guessing that the chairman would ask this question, Malcatel took a deep breath and tried to justify himself, but after thinking about it for a while, he had no choice but to say reluctantly.
"We are working hard."
Card nodded and continued.
"I appreciate your efforts, but some things can be solved not only through hard work. We want to see results, not bad financial reports and endless stock prices."
Malkati: "Earnings and stock prices do not represent everything. Many things are invisible. We have commissioned the Argonne National Laboratory's Quantum Communications Research Institute to jointly develop quantum repeater technology until we solve the most critical technical bottleneck "
Carter asked sharply.
"How long is this waiting?"
Malcatel's tone stagnated, and he remained silent for a full minute.
"... I can only assure you that it will be possible within two years."
"It seems you are honest, and I can solve the problem in three months without flickering," the chairman nodded, leaving the report in his hands casually aside. "However, unfortunately, honesty and hard work are the same No problem can be solved. "
Malkati fell into silence, the fist resting under the table clenched unconsciously, and then slowly let go.
"exactly."
Carter: "Is there a solution?"
Looking at Malcaty who was silent, Carter sighed, and his face showed such an expression.
Although it was impossible to blame him for this, the fact was that they had to make some changes in order to survive.
Even if they may have to make some sacrifices for this.
"East Asia Communications provided us with an interesting proposal," he gestured to his secretary, and Carter took a contract from his hand and placed it gently on the table. "A value of about two hundred Financing proposals around $ 100 million. "
Twenty billion!
Many people in the room took a breath.
In particular, those small shareholders whose share of equity is not very high and who have just learned the news, in addition to taking a sip of cold air, their faces are changing with a cloudy expression.
East Asia Communications acquires shares.
It's hard to say what effect the major shareholders will have, after all, they and East Asia Communications will certainly reach some agreement they do not know. However, it is definitely not a good thing for these small shareholders and the trust companies that hold the shares of the sub company.
But in order to survive, the board obviously intends to sacrifice their interests ...
"You can't accept it!"
Almost conditioned, Malkati stood up sharply, holding the table with her hands, and said in an excited tone.
"This is a conspiracy of the Chinese people. Although they do occupy a certain advantage in quantum communication technology, they have at least 20 years of experience in laying submarine cables and construction experience. Once those Chinese people enter us, Board of directors "
Carter: "You don't need to worry about this, the directors here will vote ..."
"The Ministry of Commerce cannot approve it!" Malkati said in a threatening tone.
As if he hadn't heard this sentence, Carter calmly looked at the stiff-faced Malkati and said casually ~ EbookFREE.me ~ As for you, thank you for your contribution to the sub company over the years. East Asia Communications hopes to appoint a new ceo to facilitate business docking. "
"After the meeting, go to the finance side and settle your salary."
Watching the anger, Malcarty who fell out of the meeting room and the board members who looked at each other, Carter sighed softly in his heart.
Anyway, the sub company has lost.
Soon the entire submarine cable market will usher in a huge shuffle. No matter whether it is a sub company or a nec, this change cannot be prevented.
In fact, it is the same. NEC has withdrawn from the submarine fiber optic cable market and started to focus its business on their basic panel electrical industry. Their old rivals in Europe are also trying to transform the industry and have laid off many employees.
It doesn't matter whether his decision is correct today.
This is already their only option.