Carl Icahn’s a busy guy–busier than usual lately penning broadsides against Yahoo. So he can be forgiven the 138-day delay in lauching “Icahn Report,” the blog he announced back in February. Earlier today the blog offered nothing more than a placeholder page, but a few moments ago it went live with Icahn’s promised anecdotes on “the desultory state of corporate governance in America.” And, specifically, Yahoo.
Yahoo caught a lucky break yesterday when a Delaware Chancery Court judge denied a request by company shareholders to expedite a trial on whether to invalidate Yahoo’s controversial employee severance plans.
Carl Icahn has finally broken his silence. The outspoken billionaire investor who’s been oddly quiet since Yahoo announced its advertising partnership with Google, finally commented on the deal this morning saying it “might have some merit.”
Carl Icahn’s a little quieter than usual today, isn’t he? After publicly cataloguing Yahoo’s failures of leadership for the better part of the week, he seems to have fallen silent after what may well be the company’s greatest failure of all.
Our long national nightmare of unceasing Yahoo-Microsoft headlines is finally over. Shares of Yahoo slipped into the mud this afternoon amid reports it has concluded whatever tortured discussions it’s been having with Microsoft without reaching any sort of merger agreement. Redmond, it seems, is no longer willing to pay $33 per share to acquire Yahoo. It is, however, open to discussing an “alternative transaction.” Meanwhile, Yahoo and Google are moving closer to a deal.
As predictable as the call and response between two chattering squirrel monkeys, the recent dialogue between Yahoo and Carl Icahn. And about as elevated.
Shareholders suing Yahoo’s board of directors for its alleged mishandling of the Microsoft buyout offer may find their efforts to pull the company’s controversial severance plan something of a fool’s errand. Because according to a new company filing, their chances of forcing Yahoo to scrap the plan are about as good as their chances of forcing CEO Jerry Yang to use capital letters in his all-hands memos just like a big boy.
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. Read more »
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.
12:58 AM: Breakfast: Two schools of fish from Tokyo Bay. Calories: 782,000. How I was feeling when I ate this: confused, irradiated, hating my size.
11:37 AM: Exercise: “Taxi Stomp” (alternating legs, for 30 blocks). Calories burned: 148,900,183.
1983. The Beatles announce their first tour in thirteen years, but likewise announce that Michael Jackson will be going on tour with them as a one gigantic mega-concert event.
Best video mashup ever.
A Facebook Memorial
Wow.
Worth it for the Rickrolling photo alone.
Excellent.
Flughumor!
… you vacuous, toffee-nosed, malodorous perverts
Stephen Fry and zoologist Mark Carwardine meet the kakapo — a fat, flightless and very randy rare parrot.
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