Icahn's Men Join Yahoo's Board (1)
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Doug Caverly (0)
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Top News - WebProNews (2)
3 weeks, 2 days
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Yahoo's 11-member board of directors is set at last. In a slight change from what was expected, Carl Icahn's friends Frank J. Biondi, Jr. and John H. Chapple will fill the last couple of available spots.read more
Scratch Jerry Yang for Post-CEO “Dancing With the Stars” Gig [BoomTown] (1)
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Kara Swisher (85)
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All Things Digital (51)
1 month
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“Is that all there is, is that all there is. If that’s all there is my friends, then let’s keep dancing. Let’s break out the booze and have a ball, If that’s all there is.” Peggy Lee sang it best about troubled times in the classic song “Is That All There Is?” But, dancing and making a video about dancing is obviously something that elevates Yahoo, which is no small thing in this tough period ...
Liveblogging From Yahoo Annual Meeting: Bostock Defends Microsoft Dealmaking (Or Lack Thereof) (1)
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Kara Swisher (85)
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BoomTown (76)
1 month, 1 week
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Talking to Yahoo shareholders as if they were particularly thick and surly teenagers, Yahoo Chairman Roy Bostock articulated his umpteenth defense of the board’s handling of its dealmaking with Microsoft. “I’d like to take you back–with all the hoopla, all the publicity that has surrounded the company, I think there has been a great deal of misinformation,” said Bostock about Yahoo’s (YHOO) dealings with Microsoft (MSFT) over the last year, speaking at its annual meeting ...
No Worries Carl, I’m Sure Jerry Doesn’t Really Want to Attend Either [Digital Daily] (2)
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John Paczkowski (30)
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All Things Digital (51)
1 month, 1 week
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After the annual meeting, Mr. Icahn will be appointed to our Board. … We’re pleased that both parties were able to work together productively to accomplish this settlement, and we look forward to working with the new Board members and benefiting from their fresh perspective. Yahoo! is now moving forward with one team and one voice, and we’re excited about what the future holds.” – Yahoo CEO Jerry Yang, July 21, 2008 What a horribly ...
Yahoo!’s Last Ditch Effort to Save Itself (1)
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Josh Catone (506)
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SitePoint Blogs (60)
1 month, 1 week
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Yahoo! pulled out all the stops this morning in its fight against investor Carl Icahn and Microsoft. Icahn, who is a major individual Yahoo! stakeholder, wants to elect a new board of directors and sell the company’s search business to Microsoft. This morning, Yahoo! placed an open call to its shareholders on the company’s main page — the most visited on the web — in a content box slightly above the fold. The box links ...
Would Ray Ozzie Take On(line) for the Microsoft Team? (3)
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Kara Swisher (85)
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BoomTown (76)
1 month, 2 weeks
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One thing is absolutely true: It is Microsoft CEO Steve Ballmer and only Ballmer who knows for sure whom he is most interested in to take over the dicey job of head of the software giant’s long-suffering online services business. But there is a movement afoot among its developers and other execs at Microsoft (MSFT) to push for Chief Software Architect Ray Ozzie (pictured here), who replaced Founder Bill Gates in the job just over ...
Who Will Be Microsoft’s Next Online Chief? McAndrews? Miller? BoomTown? [BoomTown] (2)
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Kara Swisher (85)
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All Things Digital (51)
1 month, 2 weeks
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BoomTown was all busy trying to think of execs to replace Yahoo CEO Jerry Yang, as pressure mounts on him to right the troubled Internet company. But now, Yang’s position feels safer than ever and it’s his nemesis–Microsoft– that needs a new leader for its long-stumbling online services business. Microsoft (MSFT) was already cracking, according to sources, and had a wish list of internal and external candidates that CEO Steve Ballmer is now considering. Ballmer ...
When Will Microsoft Bust A(nother) Move? [BoomTown] (1)
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Kara Swisher (85)
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All Things Digital (51)
1 month, 2 weeks
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Is Microsoft about to make another move on Yahoo? Or perhaps on AOL? Or maybe is it just getting ready to articulate its strategic plans for getting serious about the online search business on its own at its financial analysts meeting tomorrow morning? Or perhaps–which might be the best strategy for the moment–the software giant might actually be managing to stifle itself and return again to the playing field when things settle down a little ...
Doing the Math: Who Won in the Yahoo-Icahn Truce? [BoomTown] (2)
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Kara Swisher (85)
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All Things Digital (51)
1 month, 2 weeks
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A source close to Yahoo’s thinking emailed and declared that BoomTown was misinformed and ignorant of the insider mechanics of the high-level corporate wrangling when I suggested in a post earlier today that the settlement between Yahoo and Carl Icahn was perhaps not the time to break out the bubbly. You know, because Yahoo’s (YHOO) stock is still moribund, morale is still low, Microsoft (MSFT) is still looming and the economy is still tanking. Other ...
A word on today’s announcement (7)
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Jerry Yang (2)
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Yodel Anecdotal (12)
1 month, 2 weeks
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Today, Yahoo! moves past a distracting proxy contest. This morning we announced a settlement with Carl Icahn which will enable Yahoo! to put an end to this challenging chapter in our history, and allow us to get back to the business at hand – building our business and maximizing value for all stockholders. Over the past few weeks we’ve made progress communicating with investors, helping them to better understand our roadmap for long-term growth, our ...
Midwestern Businessman Makes New Yahoo Offer (1)
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JR Raphael (103)
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TechCult (0)
1 month, 2 weeks
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Yahoo may finally have its answer: A family-run convenience store and souvenir shop in Mountain Grove, Missouri has offered to buy the company. “Jim’s Snacks and Such,” located off County Road 2 and Main Street, announced its offer after learning of Carl Icahn’s settlement with Yahoo Monday morning. “Now that he ain’t gonna get them Microsoft boys to buy it up, we figured we might have something to offer ‘em,” store owner Jim Crickton said. ...
Yahoo Keeps its Enemies Closer (3)
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Stacey Higginbotham (132)
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GigaOM (987)
1 month, 2 weeks
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Jerry Yang, Yahoo’s CEO, may be learning something about the hard-driving style of management it takes to go it alone after an attempted takeover, especially if he follows Om’s logic and thinks Yahoo is about more than search. This morning, Yahoo said it will allow corporate raider Carl Icahn three seats on a newly expanded Yahoo board in an effort to settle the disagreement that is taking up so much of the web portal’s attention ...
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Boris said:
Wow. Bet Carl didn't see that coming? Beautiful strategic move. This has been like watching a chess game. Yang now appears masterful of the situation. Let's see what Icahn does.
Yahoo settles with Icahn (1)
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Kenneth Li (0)
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MediaFile (0)
1 month, 2 weeks
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Is Yahoo letting the fox in the hen house or did activist investor Carl Icahn settle after eyeing weakness in his campaign? Whatever the case, Yahoo’s settlement with Icahn, who had planned to run a rival board slate but now gets three board seats including himself and possibly former AOL Chief Jon Miller, averts what was expected to be a bloody battle on Aug. 1. Miller, who was pushed out of the Time Warner division, ...
Who Has Stolen the Old Jerry Yang? (But No Need to Return Him!) [BoomTown] (3)
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Kara Swisher (85)
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All Things Digital (51)
1 month, 2 weeks
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Could the new and improved Yahoo CEO Jerry Yang actually manage to beat back the proxy fight being waged against him by activist investor Carl Icahn? It increasingly looks that way, with only 12 days to go until Yahoo’s annual meeting on August 1. But exactly which Yang will be running Yahoo, if he does win, is probably the most important question shareholders need to ask. Would that be the seemingly energetic Yang of the ...
Chipper Yang's latest memo: "Hi guys!" [Yahoo] (1)
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Nicholas Carlson (433)
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Valleywag (1126)
1 month, 3 weeks
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Legg Mason portfolio manager saved Yahoo CEO Jerry Yang's job this morning, and far be it from the always-exclamatory Yang to hide his relief. Yang recorded a companywide video address, and reading a transcript filed with the SEC, we can't help but wonder if Yahoo's lawyers missed a few exclamation marks. "Hi guys," the transcript begins — but we're betting it sounded more like "Hi guys!!!!11!!!!" Yang deserves to celebrate his victory over Icahn, but ...
Why Carl Icahn doesn't have a Yahoo CEO [Yahoo Raid] (1)
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Nicholas Carlson (433)
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Valleywag (1126)
1 month, 3 weeks
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If corporate raider Carl Icahn ever had any hope of convincing major Yahoo shareholders like Legg Mason's Bill Miller to back his alternative slate against the Yahoo board in a proxy fight, he needed a plan B in case a sale to Microsoft didn't work out. As Kara Swisher puts it, he needed "a solid management team and a cogent plan." For two reasons: One, because without an alternative to a merger with Microsoft, Microsoft ...
MicroHoo: The Likely Scenarios (Please Ignore the Poison-Pen Letters) (1)
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Kara Swisher (85)
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BoomTown (76)
1 month, 3 weeks
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Listening to all the birds-on-a-wire chatter about what will happen in the latest round of the never-ending Microsoft-Yahoo saga, it’s still hard to know what to think, given the ever-increasing noise around the proceedings, which will continue until Yahoo’s Aug. 1 shareholder meeting. Yesterday, it got louder still as Yahoo Chairman Roy Bostock and CEO Jerry Yang sent out far and wide yet another stinkbomb letter, calling activist investor Carl Icahn a money-grubbing “corporate agitator.” ...
The Entire D6 Interview With Yahoo’s Jerry Yang and Sue Decker (3 of 4) (1)
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Kara Swisher (85)
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BoomTown (76)
1 month, 3 weeks
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We’re posting all the interviews from the sixth D: All Things Digital conference that took place in late May. Unfortunately, due to issues too complicated to go into, we have to post all the D6 interviews in several 15-minute parts (I know, I know). But–as many readers have requested–they will all be available in their entirety over the next weeks in this column. Here’s Part 3 of 4 of our discussion with Yahoo CEO Jerry ...
Memo to Jerry, Steve and Carl: Just Do It! (1)
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Stacey Higginbotham (132)
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GigaOM (987)
1 month, 3 weeks
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Summer is generally a slower time for news and this summer is no exception. But the kind folks at Microsoft, Yahoo and Carl Icahn’s investment firm are charitably offering up a form of entertainment with their ongoing Let’s Make a Deal saga. The latest installment is a letter to shareholders from Yahoo CEO Jerry Yang that accuses Microsoft of flip-flopping, creating confusion and generally not wanting to make a deal. The letter also also reiterates ...
