Chapter 518: Breaking News
Just yesterday, no one really knew what had happened. All major media suddenly stepped forward and issued sincere apologies to the Bai Family, stating that there were rumors in those reports.
These media outlets spoke skillfully. They simply acknowledged the existence of rumors but also made some reasonable criticisms about the Bai Family, which, compared to a few days ago, were worlds apart, entirely incomparable.
Of course, Lin Tian knew why they had to say it this way; if they completely admitted everything, they might go bankrupt from the compensation.
The attacks and losses the Bai Family suffered during this period were evident, all stemming from those reports. But now, with apologies being made, compensation is necessary—and it must be substantial.
Behind these media outlets, it was the Wang Family standing. Naturally, the Wang Family had to bear the burden of this huge compensation, which was extremely painful for Wang Daoran, who provided a one-time compensation to the Bai Family. It was far more than the Wang Family’s three companies acquired yesterday.
After receiving this money, the Bai Family continued to play the victim in front of the public via Xunxin, updating a post.
The content of the Xunxin post was a complaint to all netizens, expressing that they hardly made any big mistakes, yet during this period, they endured countless insults and slanders. These were all results of netizens following the trend. They demanded apologies from the netizens!
Below the text, they attached a comparison chart.
The chart showed the Bai Family’s usual overall revenue compared to this enormous compensation, revealing a staggering disparity.
After all netizens read the Xunxin post, they did not apologize; instead, they continued to criticize. Apart from blaming the Bai Family’s products for harming people, they also criticized the news websites, accusing them of being bought by the Bai Family. They simply did not believe it.
With the Bai Family at the center, netizens launched attacks on major websites, scrolling down and finding nothing but insults.
However, this morning, all relevant departments were mobilized for surprise inspections of the Bai Family’s companies, factories, and monitoring from the past three months.
If criminal evidence can be hidden, then the contents of hundreds of surveillance cameras cannot be falsified.
The investigation found nothing illegal in the surveillance content, and the official Xunxin of the Institute of Media Regulation updated the investigation results concerning the Bai Family. It was accompanied by thirty dynamic pictures that showed none of the previous dark secrets reported in the news.
This time netizens exploded again.
Someone commented: The Bai Family was wronged? How could the Bai Family be wronged? Didn’t I spend this whole time cursing in vain? And most importantly, I even smashed the Bai Family fridge at home!
Below, another comment read: Serves you right!
Within almost half an hour, the news that the Bai Family was wronged swept through the internet.
Under the official Bai Family’s Xunxin post, which initially had hundreds of thousands of insults, netizens deleted their comments within half an hour and apologized on the Bai Family’s Xunxin post.
With the first person apologizing, came the second, then the third... In the end, apologizing to the Bai Family became a trend. Those who had insulted the Bai Family deleted their mocking comments and continuously apologized.
Almost within two days, the Bai Family’s stock sharply rose from its slump, tracing an unusually eye-catching upward straight line!
The Bai Family’s official Xunxin promptly updated, this time with expressions of gratitude. Each word was dignified, without complaints, rather conveying encouraging sentiments.
The Bai Family’s crisis passed. However... Those news websites that reported the Bai Family’s scandals collapsed, and netizens turned their unified focus outward, resuming insults.
Just as everyone hadn’t yet recovered from the Bai Family’s vindication, another explosive news was exposed.
The Wang Family was also cleared by the Institute of Media Regulation...
Netizens exploded once more.
What’s going on? Did we curse another group in vain?
Suddenly, the Wang Family faced the same treatment as the Bai Family, replacing negative comments with apologies.
Naturally, the Bai Family also compensated the Wang Family. However, due to the Wang Family being under public scrutiny for a much shorter time, the compensation was vastly different compared to earlier.
While the internet was seemingly harmonious, a different voice emerged. A netizen with the username ’quietly*quietly’ posted on Xunxin: Is it true that the Bai Family and the Wang Family fought each other and now they’ve reached a ceasefire?
Soon, this Xunxin post attracted attention. Within an hour, the number of likes and comments surged.
Following this, various speculations surfaced, claiming that the two groups would engage in future battles, eagerly anticipating a showdown.
Approaching noon, the Wang Family updated their Xunxin once again, akin to a heavyweight bomb, stirring huge waves.
Wang’s Global Department Store, Wang’s Energy Research Center, Wang’s Herbal Medicine.
These three companies were acquired by a cosmetics company named ’Qiansimei’.
This Xunxin post stunned everyone; these three companies were acquired by another entity, leaving nothing for the Wang Family?
The assets were halved instantly, with the Wang Family once the world’s top 500 companies reducing to a medium-sized enterprise.
If this were not shocking enough, the name ’Qiansimei’ baffled everyone.
No one had heard of such a company before. The name might sound nice, but how could it purchase most of the Wang Family?
A quick internet search revealed that it was a cosmetics company.
But this was still puzzling. The company isn’t well-known, neither is it large; how could it acquire three companies at once?
Later, a netizen exposed Bai Shishi, and netizens finally realized that this entity was a direct affiliate of the Bai Family, no wonder.
At this point, more people believed the recent news revolved around the Bai Family and the Wang Family going to war, with an obvious result—the Bai Family triumphed.
Almost no one focused on the fact that the three companies were acquired by Bai Shishi alone, not the entire Bai Family.
After all, most people are ordinary folks who confuse these two, regarding Bai Shishi as part of the Bai Family.
However, the truth isn’t like that. Xianglong Tea House is of the Bai Family, but Qiansimei was entirely founded by Bai Shishi, so these three signed companies have nothing to do with the Bai Family.
In most people’s eyes, the Bai Group was originally one of the world’s top 500 large corporations; now, with three more large companies, surely the ranking would greatly improve.
For a time, the Bai Family’s stocks soared even higher.
Later, Bai Shishi also told Lin Tian one thing outsiders didn’t know.
It was surprising that others in the Bai Family had the nerve to approach him for shares of the three companies, asking for even more.
Of course, Bai Shishi had a strong stance, not giving a cent.
Those who had sold Bai Group shares to Bai Shishi at a low price regretted it all and crowded into the Bai Family villa, jointly demanding Bai Shishi return the shares, including some so-called ’relatives’.