Quantcast

Latest Steve Ballmer Stories

2008-07-17 12:00:33

By Michael Liedtke Associated Press SAN FRANCISCO -- Microsoft Corp. threw its weight behind investor Carl Icahn's effort to oust Yahoo Inc.'s board next month, saying Monday that a successful rebellion would encourage the software maker to renew its takeover bid for Yahoo or negotiate another multibillion-dollar deal. The development gives Icahn a huge carrot to dangle before Yahoo shareholders as he wages a campaign to oust Yahoo's nine directors at the company's annual meeting Aug. 1....

2008-07-17 09:00:31

By Andrew Ross Sorkin 'Do you let the fox in the henhouse?" So asked Jerry Yang, Yahoo's co-founder and chief executive, as we chatted for more than an hour one afternoon last week at Allen & Co.'s annual conference here. The fox in question, of course, is Carl Icahn, the activist investor who is trying to oust Yang and the Yahoo board so he can sell the company to Microsoft. "I don't mean to impugn anyone's personal integrity," Yang quickly added. Let it never be said that Yang...

effd2ab971b9fc09cc71ff42ae66d463
2008-07-16 09:15:00

"Do you let the fox in the henhouse?" So asked Jerry Yang, co-founder and chief executive of Yahoo, as we chatted for more than an hour one afternoon last week at Allen & Co.'s annual conference here. The fox in question, of course, is Carl Icahn, the activist investor who is trying to oust Yang and the Yahoo board so he can sell the company to Microsoft. "I don't mean to impugn anyone's personal integrity," Yang quickly added. Let it never be said that Yang lacks manners. Yahoo - and...

2008-07-16 09:00:11

Yahoo and Microsoft traded new accusations this week over the latest breakdown in deal talks as the battle for control of Yahoo heated up before a confrontation at Yahoo's annual shareholder meeting on Aug. 1. The activist investor Carl Icahn, leading a proxy campaign to remove Yahoo's management and board at the shareholder meeting, criticized Yahoo on Monday for rejecting a joint proposal he made with Microsoft that he said contained enhanced protections to Yahoo and its investors. All...

2008-07-15 12:00:00

Dear Fellow Yahoo! Shareholders: Over the years I have attempted to make changes at many companies but I have yet to see a company distort, omit, and twist events and facts in the manner that Yahoo! has done in their press release issued Saturday night, July 12th. During the last week, Goldman Sachs (GS) called me a number of times asking me to relate to them any transaction that Microsoft might be interested in transacting with Yahoo! I discussed with them the possibility of doing a...

2008-07-15 09:00:38

By From news reports The investor Carl Icahn said Monday that Yahoo distorted the facts in explaining why directors rejected a proposal for Microsoft to break up the Internet company, urging shareholders to help him oust the board. "Refusing the Microsoft offer for the Yahoo search business is also another grave mistake that will be deeply regretted," Icahn said in an e-mailed statement. He also filed a definitive proxy statement Monday seeking to replace Yahoo's nine-member board with his...

2008-07-14 15:00:23

By Brier Dudley, The Seattle Times Jul. 14--If you feel a rumbling coming from the Hunts Point area Tuesday, it's probably Steve Ballmer doing one of his celebratory dances. Not because the Microsoft chief executive is finally closing the Yahoo deal. Who knows if, how and when he'll untangle that hairball? The Yahoo drama is really a diversion from the real war that's going on between Microsoft and Google. All the attention on Carl Icahn and Jerry Yang is starting to feel like...

2008-07-14 15:00:23

REDMOND, Wash., July 14 /PRNewswire-FirstCall/ -- On the evening of July 12, Yahoo! Inc. released a statement relating to recent discussions involving Yahoo!, Microsoft Corp., and Carl Icahn. Microsoft believes the statement contains inaccuracies that need to be corrected. Among other things, the enhanced proposal for an alternate search transaction that we submitted late Friday was submitted at the request of Yahoo! Chairman Roy Bostock as a result of apparent attempts by Mr. Icahn to have...

2008-07-14 12:00:30

By MICHAEL LIEDTKE SAN FRANCISCO -- Microsoft Corp. threw its weight behind investor Carl Icahn's effort to dump Yahoo Inc.'s board, saying Monday that a successful shareholder rebellion would encourage the software maker to renew its bid to buy Yahoo's Internet search engine or possibly the entire company. The unexpected endorsement gives Icahn a carrot to dangle before Yahoo shareholders as he wages a campaign to replace Yahoo's nine directors at the company's annual meeting Aug. 1....

2008-07-14 09:00:28

By Michael J. de la Merced Yahoo has rejected a renewed proposal by Microsoft to buy its Internet search business, this time under a plan that would have left the rest of Yahoo in the hands of the investor Carl Icahn. The proposal was made Friday evening by Icahn and Microsoft's chief executive, Steven Ballmer, and rejected over the weekend by Yahoo, which called Icahn and Microsoft an "odd and opportunistic alliance." The new approach, and Yahoo's response, could escalate the level of...


Word of the Day
omadhaun
  • A fool; a simpleton: a term of abuse common in Ireland and to a less extent in the Gaelic-speaking parts of Scotland.
This word is partly Irish in origin.