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.
Well, that was fast. Yahoo has issued a reply to Carl Icahn’s latest missive. Terse and caustic, it doesn’t really add much to the “conversation” between the two parties. Yahoo’s message to Icahn: You don’t have a credible plan to operate Yahoo either.
As the anniversary of the iPhone’s market debut approaches, the Mac faithful are quickly succumbing to Apple Rumor Seasonal Affective Disorder, an ailment most often associated with the lead-up to Macworld.
Fueling that trend today is a memo, purportedly leaked from inside AT&T, instructing employees not to schedule any vacation between June 15 and July 12 to ensure sufficient staffing for “an exciting Summer Promotional Launch.”
So after months of negotiations and posturing, Microsoft has given up its efforts to buy Yahoo. And according to Yahoo CEO Jerry Yang, that’s good news.
Indeed, people close to Yahoo said that Yang and Co. greeted the withdrawal of Microsoft’s bid as a victory, with a celebratory exchange of high-fives.
EarthLink will have several hundred fewer jobs to offshore come tomorrow. This afternoon, the struggling Internet service provider announced plans to sack 900 employees–about half its workforce–as part of a broad corporate restructuring that will shutter company offices in San Francisco; Orlando, Fla.; Knoxville, Tenn.; and Harrisburg, Penn. “While we see this as an [...]
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.
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.
Spectacular in the bellowing Russian sailor sense of the word …
“If you spell something wrong on your insurance claim, do you really deserve surgery? I don’t think so …”
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