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China mostly banned Silicon Valley companies because of this reason

In such a tech era where everything is pinching towards digital medium, one cannot even imagine living life without websites such as Google, Youtube, Netflix or Twitter, China has banned all such foreign companies.

Ever since the Chinese Government banned Facebook in 2009, Mark Zuckerberg has been making annual trips there attempting to persuade its leaders to let his company back in. He learned Mandarin and jogged through the smog-filled streets of Beijing to show how much he loved the country. Facebook even created new tools to allow China to do something that goes against Facebook’s founding principles — censor content.

But the Chinese haven’t obliged. They saw no advantages in letting a foreign company dominate their technology industry. China also blocked Google, Twitter, and Netflix and raised enough obstacles to force Uber out.

Image result for silicon valley

Chinese technology companies are now amongst the most valuable — and innovative — in the world. Facebook’s Chinese competitor, Tencent, eclipsed it in market capitalization in November, crossing the $500 billion mark. Tencent’s social-media platform, WeChat, enables bill payment, taxi ordering, and hotel booking while chatting with friends; it is so far ahead in innovation that Facebook may be copying its features. Other Chinese companies, such as Alibaba, Baidu, and DJI, are racing ahead in e-commerce, logistics, artificial intelligence, self-driving cars, and drone technologies. These companies are gearing up to challenge Silicon Valley itself.

The protectionism that economists have long decried, which favors domestic supplies of physical goods and services, limits competition and thereby the incentive to innovate and evolve. It creates monopolies, raises costs, and stifles a country’s competitiveness and productivity. But this is not a problem in the Internet world.

china chip

Over the Internet, knowledge, and ideas spread instantaneously. Entrepreneurs in one country can easily learn about the innovations and business models of another country and duplicate them. Technologies are advancing on exponential curves and becoming faster and cheaper — so every country can afford them. Any technology company in any country that does not innovate risks going out of business because local startups are constantly emerging that have the ability to challenge them.

Chinese technology protectionism created a fertile ground for local startups by eliminating the fear of foreign predators. And there was plenty of competition — coming from within China.

Silicon Valley’s moguls openly tout the need to build monopolies and gain an unfair competitive advantage by dumping capital. They take pride in their position in an economy in which money is the ultimate weapon and winners take all. If tech companies cannot copy a technology, they buy the competitor.

Amazon, for example, has been losing money or earning razor-thin margins for more than two decades. But because it was gaining market share and killing off its brick-and-mortar competition, investors rewarded it with a high stock price. With this inflated capitalization, Amazon raised money at below market interest rates and used it to increase its market share. Uber has used the same strategy to raise billions of dollars to put potential global competitors out of business. It has been unscrupulous and unethical in its business practices.

Though this may sound strange, copying is good for innovation. This is how Chinese technology companies got started: by adapting Silicon Valley’s technologies for Chinese use and improving on them. It’s how Silicon Valley works too.

Steve Jobs built the Macintosh by copying the windowing interface from the Palo Alto Research Center. As he admitted in 1994, “Picasso had a saying, ‘Good artists copy, great artists steal’; and we have always been shameless about stealing great ideas.”

Apple usually lags in innovations so that it can learn from the successes of others. Indeed, almost every Apple product has elements that are copied. The iPod, for example, was invented by British inventor Kane Kramer; iTunes was built on a technology purchased from Soundjam, and the iPhone frequently copies Samsung’s mobile technologies — while Samsung copies Apple’s.

Facebook’s origins also hark back to the ideas that Zuckerberg copied from MySpace and Friendster. And nothing has changed since Facebook Places is a replica of Foursquare; Messenger video duplicates Skype; Facebook Stories is a clone of Snapchat, and Facebook Live combines the best features of Meerkat and Periscope. Facebook tried mimicking Whatsapp but couldn’t gain market share, so it spent a fortune to buy the company (again acting on the Silicon Valley mantra that if stealing doesn’t work, then buy).

China opened its doors at first to let Silicon Valley companies bring in their ideas to train its entrepreneurs. And then it abruptly locked those companies out so that local business could thrive. It realized that Silicon Valley had such a monetary advantage that local entrepreneurs could never compete.

America doesn’t realize how much things have changed and how rapidly it is losing its competitive edge. With the Trump administration’s constant anti-immigrant rants, foreign-born people are getting a clear message: Go home; we don’t want you. This is a gift to the rest of the world’s nations because the immigrant exodus is boosting their innovation capabilities. And America’s rising protectionist sentiments provide encouragement to other nations to raise their own walls.

15 famous tech people dropouts

Only education is not a prerequisite to being a successful tech entrepreneur. If that would be a case none of these would have ever been there where they are right now.  It is not so acceptable most often that dropout step forward and starts an organization, however, these extraordinary individuals make a solid case.Self-learning has been a pattern among business people. What’s more, the rundown of extremely rich person dropouts is long. Nearly
Here is the list of 15 dropout tech entreprenuer 2017

  1. Travis Kalanick
    In 1998, Kalanick dropped out of the University of California at the age of 21, Los Angeles with several companions. Together they set up different web search tools and document exchange programming. In 2009, he established Uber which is presently worth $62 billion.
    Image result for travis uber
  2. Mark Zuckerberg
    Zuckerberg, while still in secondary school, created Pandora. He at that point made ‘The Facebook’ while he was in his sophomore year at Harvard University and left school in 2004 to deal with the organization. Facebook today is worth $190 billion.

    If you can dream it, you can do it.You don’t need to be superhuman to do what you trust in.Success is staggering from inability to disappointment with no loss of eagerness.

  3. Jan Koum
    Ukrainian Jan Koum came to America in 1992 with his mom at 16 years old. He at that point enlisted at San Jose State University in 1995, which he exited to join Yahoo after he was offered work. It was here that he met Brian Acton with whom he established WhatsApp in 2004.
  4. Larry Elinson
    Larry Ellison dropped out of two colleges: The University of Illinois and after that the University of Chicago. In 1966, he moved to Northern California and worked at different occupations where he earned his PC aptitudes. In 1977 he set up Oracle.
    Image result for Larry Ellison
  5. Michael Dell
    Dell self-financed his first PC with $1,000 in 1984. He worked from his apartment while he was learning at the University of Texas. He sold them to his schoolmates and the organization earned $6 million.

    Doors were a law understudy at Harvard University, however his energy since adolescence was PCs. In 1976, he cleared out Harvard to join Paul Allen at MITS and afterward established their own particular organization making programming for various PC organizations.

6 Evan Williams
Evan Williams dropped out of the University of Nebraska in 1990. A couple of years after the fact he helped to establish Blogger and in 2006 began The Obvious Collection which developed into what we know today as Twitter. 

7. Steve Jobs Steve Jobs enlisted at Reed University. Not certain of his choice, he dropped out in 1972. Be that as it may, Jobs kept on going to innovative classes at the college for the following year and a half. In the wake of dropping out, Jobs acted as a computer game planner for Atari and after that hiked through India.
When he returned, he collaborated with secondary school companion Steve Wozniak. By 1975, the couple had begun to chip away at the main Apple item in the Jobs family carport. The Apple 1 was discharged in 1976.

 

  1. Mullenweg
    Mullenweg dropped out of the University of Houston in 2004. And, after its all said and done, he was precocious to the point that he didn’t try taking PC classes. At 20, he had effectively built up the beginnings of WordPress and was handling work offers from tech organizations, the Houston Press reports.

    After he dropped out, he went to work for CNET in San Francisco, with a guarantee that he could keep building up his side undertaking 15% of the time. He cleared out to establish Automattic, the organization behind WordPress. In spite of utilizing just 330 individuals, the online stage now has 131 million novel guests for each month and forces 23% of the web.

 

  1. Elizabeth Holmes

When she was a sophomore at Stanford in 2003, Holmes established the human services innovation organization Theranos. A couple of months after the fact, she dropped out to concentrate on the organization.
Today the 31-year-old is America’s most youthful female very rich person, with an expected total asset of $4.6 billion.

 

  1. Daniel Ek

In 2005, Ek left his studies in design at the Royal Institute of Technology in Sweden following two months, as per sq EQ. He worked for various sites and in the long run established a web-based promoting organization called Advertigo. Ek sold the business to the Swedish organization Tradedoubler. He later collaborated with its author to begin Spotify in 2008. Spotify took off, and Ek turned into a tycoon only a couple of years after the fact. As per its site, the music-gushing administration now has more than 75 million dynamic clients.

 

  1. David Neeleman

Following three years at the University of Utah, Neeleman dropped out.He went ahead to establish the business aircrafts Morris Air, JetBlue Airways, and Azul Brazilian Airlines.

 

  1. Arash Ferdowsi

Ferdowsi dropped out of the Massachusetts Institute of Technology in 2007 following three years at the school, as per Inc. He cleared out to help establish DropBox, which rapidly developed from a modest startup to an administration utilized by countless individuals.

 

  1. Bill Gates

When he got to Harvard University, Gates had just been modifying PCs for no less than five years. He made an electronic form of tic-tac-toe when he was 13 years of age. Bill Gates dropped out of Harvard in 1975 to concentrate on Microsoft full time. The move started a lifetime of accomplishment for Gates, who is presently assessed to be the wealthiest man on the planet.

 

  1. Ali Baba owner Jack Ma

Alibaba organizer Jack Ma is one of the wealthiest individuals on the planet, with total assets of over $36 billion as indicated by Forbes. Be that as it may, some time ago he couldn’t land a position at Kentucky Fried Chicken.
The early dismissal showed him an essential business lesson: “You have to get used to failures” because it will force you to work hard.

 

  1. Barry Diller

This extremely rich person media financier dropped out of school to begin Fox Broadcasting Company. He is the administrator of Expedia and was at one time the CEO of IAC/InterActiveCorp which incorporates Home Shopping Network and Ticketmaster.

 

 

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Top 100 websites which get highest visitors per month.

A Singapore-based hosting provider Vodien has gathered the list of top 100 websites on Google ranking depicting the most use of the searches around the world.

Without any pros & cons and doubts, Google became the top website in the world. According to the Alexa ranking, the website received 28 billion visits per month. This means that out of 1.1 billion websites available on the internet, Google succeeded in snatching away the top spot due to traffic.

On the other hand, second place went to YouTube, which gathered 20.5 billion visits a month.

  1. Google                                                             11.Linkedin

      2. Youtube                                                          12. Imgur

      3. Facebook                                                        13. Instagram

      4. Amazon                                                          14. Windowslive.com

      5. Yahoo                                                              15. Craigslist.com

      6. Wikipedia.org                                              16. Diply.com

      7. Reddit                                                            17. Bing.com

      8. Ebay                                                                18. Pinterest

      9. Twitter                                                           19. Tumblr.com

      10. Netflix                                                          20. Espn.com