Monday, February 11, 2013

China's Zuckerberg?

Charles Chao is the 46 year-old President, CEO, and Chairman of the Board for the Sina Corporation, which is China's leading internet portal. Chao received a Masters of Professional Accouting degree from the University of Texas, a M.A. in Journalism from the University of Oklahoma and a B.A. in Journalism from Fudan University in Shanghai, China. He first joined Sina Corp. in 1999 as Vice President of Finance and worked his way through the ranks before becoming President in 2005 and then took on the role of Chief Executive Officer in 2006. In 2009 China's government became concerned with how quickly and widespread news could be transferred through online media so they blocked Twitter and other sites like it. Chao devised and backed Sina's own microblog site called Sina Weibo and was able to get the Government's approval by keeping sensitive material off of their site. Chao calls the site a "mashup" between Facebook and Twitter and now has over 350 million registered users. He is now using Sina to support public welfare in China by setting up a public welfare platform called the Yang Fan Public Welfare Fund. Ernst & Young named him one of the 2012 Media and Entertainment Entrepreneurs of the Year. My first question for Charles would be, "What kind of impact has the new Welfare Fund had on China since its establishment and where do you see it going?

Sina Corporation
I chose to use the Sina Corporation site itself to get background information about the company and to read Charles Chao's profile on the company site.

Forbes
I used Forbes because we used it in class so I knew that it was a reliable source to get good information on important people.

TIME
I chose to use TIME Lists because we used to get Time magazine at home back when I was younger and I know that Time magazine has a reputation for reliable information

Ernst & Young
Is a global leader in assurance, tax, transaction and advisory services. I chose to use this site because I found it interesting and important that he was named an entrepreneur of the year.


The Next Web
I chose to use this source because its a relatively recent article after Chao became Chairman of the Board and it gives you some stats about Sina and tells you a little about what they are doing.

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