As predictable as the call and response between two chattering squirrel monkeys, the recent dialogue between Yahoo and Carl Icahn. And about as elevated.

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What a lousy week for Intel, yeah? First Korea’s Fair Trade Commission fines the company $25 million for abusing its dominant market position in the country and offering discounts to PC makers in an effort to drive rival AMD out of the market. And now Federal Trade Commission has opened a formal investigation into its pricing practices.

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Desperate times call for desperate measures. And lest there be any doubt that Yahoo’s exploratory search outsourcing alliance with Google is just that, consider this: Yahoo opposed such a partnership on Jan. 30–the day before Microsoft announced its bid for the company.

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Turns out Jerry Yang isn’t the only Yahoo CEO to reject a buyout offer from Microsoft. His predecessor Terry Semel did as well. According to a complaint unsealed as part of a proposed class-action suit against Yahoo’s directors today, Microsoft offered $40 a share for Yahoo in January 2007.

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Microsoft has withdrawn its bid for Yahoo, but if Yahoo, beaten into submission by irate investors, should suddenly come crawling back to the now empty negotiating table, Microsoft might indulge it, if only for a moment.

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Get this. Yahoo didn’t accept Microsoft’s offer of $33-per-share, because it didn’t know Microsoft had offered $33-per-share. This according to people close to Yahoo, who tell The Wall Street Journal that Yahoo only learned Microsoft was willing to raise its bid in Microsoft CEO Steve Ballmer’s kiss-off letter to Yahoo CEO Jerry Yang.

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As one of the original 13 colonies, you’d think that New York State would have a particular antipathy toward things like “taxation without representation.” And perhaps it does, just not when it’s the one doing the taxing.
The state recently passed a so-called Amazon Tax, a new law compelling out-of-state online retailers to start collecting New [...]

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The controversy over Facebook’s Beacon advertising system may have been laid to rest last December, but its memory lingers on.
Today brings news of the first lawsuit over the service and, oddly enough, it wasn’t filed against Facebook. It was filed against Blockbuster. Facebook member Cathryn Elaine Harris is suing the video chain Blockbuster (BBI) for [...]

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Yahoo’s paid search performance may be the fastest growing in the industry, but that doesn’t mean it’s the most effective. In fact, some companies would argue it’s not that effective at all. Companies like BigReds.com, which is suing Yahoo (YHOO) for more than $1 million for click fraud.
The collectibles retailer claims it paid Yahoo’s Search [...]

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Hard-drive maker Seagate Technology has finally settled on a strategy for competing with its solid-state drive rivals. It will enter the SSD market this year. And to prepare the market for its arrival, it’s suing an SSD pioneer for patent infringement.
Yesterday, Seagate (STX) filed a lawsuit in federal court accusing STEC Inc. (STEC), an early [...]

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Motorola (MOT) has finally succumbed to the aggressive … “charms” of billionaire investor-provocateur Carl Icahn and appointed two of his four nominees to its board of directors. Under the terms of the deal, William Hambrecht, co-founder of Hambrecht & Quist, and Keith Meister, a managing director of the Icahn investment funds, will be nominated to [...]

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Motorola has finally taken a RAZR to its handset business. In the face of growing pressure to bolster its ailing stock price, Motorola (MOT) yesterday announced plans to divide itself into two publicly listed companies–one focusing on mobile phones and the other on broadband and mobility services.
“Our decision to separate our Mobile Devices and Broadband [...]

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