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Tag: handshake
The $17B gamble made on the basis of a handshake with Steve Jobs
It seems to be a week for interesting peeks at Apple history, a new piece telling the story of Softbank founder Masayoshi Son making a $17B gamble on the basis of a gentleman’s agreement with Steve Jobs.
Invariably known as Masa, the Japanese entrepreneur – who holds the interesting record of having been the richest man in the world for three days – figured out that Apple had to be working on a phone, two years before it was announced …
While not a household name in the US, Masa was briefly the wealthiest man on the planet for three days, just ahead of the dotcom crash at the turn of the century.
Having subsequently lost most of his wealth, the iPhone played a key role in his financial recovery. Today, he’s the world’s biggest investor, having done a trillion dollar’s worth of deals in the past 20 years.
A Wired excerpt from a new biography of Masa reveals his realization that Apple had to be working on a phone, and the gamble he took based on an unwritten agreement with Steve. Author Lionel Barber tells the story.
On a visit to California, sometime in the summer of 2005, he showed Jobs his own sketch of a mobile-enabled iPod that had a large display and used the Apple operating system. The new device, he predicted, would be able to process data and images. Jobs pooh-poohed the idea but could not resist dropping hints about the iPhone.
Jobs: “Masa, don’t give me your shitty drawing. I have my own.”
Masa: “Well, I don’t need to give you my dirty piece of paper, but once you have your product, give it to me for Japan.”
Jobs refused to reveal any more detail, but Masa spotted the flicker of a smile on the Apple boss’s face. After pressing him further, Masa wangled a follow-up meeting at Jobs’ Tudor-style country home in Palo Alto. At that meeting, Masa claims, Jobs agreed in principle to give SoftBank exclusive rights to distribute the iPhone in Japan. “Well, Masa, you are crazy,” said Jobs. “We have not talked to anybody, but you came to see me first. I’ll give it to you.”
Steve’s word was enough for Masa, leading his company Softbank to buy the carrier Vodafone Japan for $17B. This gave Softbank a consumer business which would be worth very much more once it had the exclusive Japanese rights to the iPhone 3G, the first model compatible with local networks. The deal was indeed done, and the bet of course paid off big-time.
Masa does have something of a reputation for colorful stories, but the facts certainly align with some version of his account, with Steve’s appreciation for the man’s vision and nerve likely playing a significant role.
Photo: Apple
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In 1997, when Apple was on the brink of bankruptcy, Steve Jobs made a deal with Microsoft co-founder Bill Gates that would change the course of both companies. With just a handshake, Gates agreed to invest $150 million in Apple to keep the struggling company afloat.Fast forward to 2021, and that $150 million investment has ballooned into a $17 billion stake in Apple for Microsoft. This gamble, made on the basis of a simple handshake, has paid off handsomely for Gates and Microsoft.
The deal not only saved Apple from bankruptcy but also helped Microsoft avoid antitrust scrutiny by showing that they were willing to support their competition. It was a bold move that has since been lauded as a stroke of genius.
In the world of business, sometimes all it takes is a handshake and a leap of faith to make a game-changing decision. And in this case, that gamble has paid off in spades.
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Steve Jobs, Apple, technology, business, handshake deal, $17 billion gamble, investment, innovation, Silicon Valley, tech industry, Tim Cook, Apple Park, partnership, iPhone, iPad, Mac, Steve Jobs legacy.
#17B #gamble #basis #handshake #Steve #JobsBruce Willis thanks LA first responders with ‘a heartfelt handshake’
Bruce Willis is showing his appreciation for those keeping everyone in Los Angeles safe during the wildfires.
In a recent Instagram post shared by his wife, Emma Heming, the 69-year-old actor appears in a black and white video shaking hands and having a conversation with Los Angeles Police officers with the Led Zeppelin song “Going to California” playing in the background.
“Spotting a first responder, Bruce never missed a chance to show his gratitude with a heartfelt handshake and a ‘thank you for your service,’” Heming captioned the post. “Yesterday was no different.”
Wearing a New York Yankees baseball cap and a light jacket over his black shirt and jeans, Willis also posed for photos with the officers.
Bruce Willis showed his appreciation for those keeping everyone in Los Angeles safe during the devastating fires. (Emma Heming Willis Instagram)
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The “Die Hard” star was making a rare public appearance since announcing his frontotemporal dementia diagnosis in 2023.
“This makes my heart so freaking full,” his daughter, Tallulah Willis, wrote in the comments section, adding a heart emoji.
Willis’ wife, Heming, has been open about how the disease has affected not only Willis, but the spouse of someone diagnosed with dementia.
“Spotting a first responder, Bruce never missed a chance to show his gratitude with a heartfelt handshake and a ‘thank you for your service. Yesterday was no different.”
She recently shared an emotional post marking her 17th wedding anniversary with Willis featuring a photo of the two of them smiling as they embraced on a beach in Turks and Caicos.
Heming posted an emotional tribute to Willis on their 17th wedding anniversary. (Larry Busacca/VF14/WireImage/Getty Images)
In the post, she reflected on how her feelings about celebrating the special day have changed since he received his diagnosis, writing that while the day “used to bring excitement,” now it leaves her with “a heaviness in my heart and a pit in my stomach.”
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“I give myself 30 minutes to sit in the ‘why him, why us,’ to feel the anger and grief,” she wrote in the caption. “Then I shake it off and return to what is. And what is… is unconditional love. I feel blessed to know it, and it’s because of him. I’d do it all over again and again in a heartbeat.”
Heming and Willis first met in 2007 and stepped out for the first time as a couple in 2008, tying the knot in March 2009 at a ceremony in Turks and Caicos.
Since getting married, they have welcomed two daughters, Mabel, 12, and Evelyn, 10. Their two daughters join Willis’ three older daughters from his previous marriage to actress Demi Moore: Rumer, 36, Scout, 33, and Tallulah, 30.
Moore and Willis have remained close since their divorce in 2000. (Stefanie Keenan/Getty Images)
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Moore and Willis were married for 13 years, from 1987 to 2000, and they have remained good friends and co-parents since their divorce, often spending holidays, birthdays and other important days together.
“What I say to my kids is you meet them where they’re at. You don’t hold on to who they were or what you want them to be, but who they are in this moment,” Moore said on “The Drew Barrymore Show” in September 2024 about the advice she gives her daughters about their father’s condition.
“And, from that, there is such beauty and joy and loving and sweetness.”
She added, “When I’m in L.A., I go over every week, and I really treasure the time that we all share.”
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Bruce Willis, the iconic actor known for his roles in action-packed films, showed his gratitude to the first responders in Los Angeles with a simple yet meaningful gesture – a heartfelt handshake.In a recent event, Willis took the time to personally thank the brave men and women who put their lives on the line every day to keep the city safe. With a genuine smile on his face, he extended his hand to each first responder, expressing his appreciation for their dedication and service.
The touching moment was captured on camera and quickly went viral on social media, with many praising Willis for his kindness and humility. It is a reminder of the importance of recognizing and acknowledging the hard work and sacrifices made by those who serve and protect our communities.
In a time where heroes are needed more than ever, it is heartwarming to see someone like Bruce Willis taking the time to show his support and gratitude for the real-life heroes in our midst. Let us all follow his example and show our appreciation for the first responders who risk their lives every day to keep us safe.
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Bruce Willis, LA first responders, heartfelt handshake, gratitude, appreciation, thank you, emergency services, Hollywood actor, celebrity news, Los Angeles, heroism, community support
#Bruce #Willis #responders #heartfelt #handshake