Yahoo’s board has–surprise!–advised shareholders to reject the slate of dissident directors put forward by billionaire investor-agitator Carl Icahn. “We do not believe that election of the Icahn Entities’ nominees to our Board of Directors is in the best interests of our stockholders,” Yahoo (YHOO) said in a preliminary proxy statement filed with the Securities and Exchange Commission this afternoon.
John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper.
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.