Activist investor Carl Icahn has resigned from the board of Yahoo, and is praising both CEO Carol Bartz, who just presided over a quarter of improved earnings, as well as the rest of the company’s board for “acting so responsibly” in conjunction with the search transaction… Read More »
Tech
Carl Icahn, a hedge fund investor and corporate rabble-rouser, has bought 7 million shares of Yahoo for $67 million. That works out to about $9.92 a share. With that, his stake in Yahoo is now 75.6 million shares, or nearly 5.5 percent of the… Read More »
Jerry Yang, Yahoo’s CEO, may be learning something about the hard-driving style of management it takes to go it alone after an attempted takeover, especially if he follows Om’s logic and thinks Yahoo is about more than search. This morning, Yahoo said it will allow… Read More »
Summer is generally a slower time for news and this summer is no exception. But the kind folks at Microsoft, Yahoo and Carl Icahn’s investment firm are charitably offering up a form of entertainment with their ongoing Let’s Make a Deal saga. The latest installment is a… Read More »
Remember back in the Dark Ages before text messaging, when a teenager (let’s call him Jerry Yang) might get a best friend (maybe call him Carl Icahn) to call another friend (say, Steve Ballmer) using three-way calling? With Yang sitting silently on the line, the… Read More »
Yahoo, once known for great products and their ability to connect to the common man, now makes news of the wrong kind by tussling with Microsoft and waging a war of words with investors like Carl Icahn that lead to sharp declines in their market valuation.… Read More »
