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Thursday, June 5, 2008

Verizon Goes Alltel In

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So What’s Your Big Plan, Bostock? Other Than Refusing a $44.6 Billion Buyout Offer?

yahoo_firstave.jpgIf yesterday’s caustic exchange between Yahoo and Carl Icahn, who likened the company’s CEO to a James Bond villain, is any indication, Yahoo’s Aug. 1 shareholder meeting is going to play out like the denouement of “Goldfinger.” Yahoo chairman Roy Bostock lashed out against Icahn late yesterday, claiming the activist investor’s recent allegations about the company’s mismanagement “seriously manipulates the facts.”

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Wednesday, June 4, 2008

Icahn to Yahoo: Never Say Never to Microsoft Again

icahnnbond.jpgHave you heard? Carl Icahn is unhappy with Yahoo’s current leadership and the manner in which it handled Microsoft’s unsolicited acquisition offer. In a stink-bomb of a letter to Roy Bostock, the chairman of Yahoo’s board of directors, Icahn accused Yahoo of acting against its shareholders’ best interests by making it practically impossible for Microsoft to stay at the bargaining table.

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About John

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.

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Ethics Statement

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.

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