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Here’s a footnote for the current chapter of the Microsoft-Yahoo acquisition saga. Microsoft this week issued a statement to “set the record straight” about Yahoo’s July 12 rejection of the latest acquisition offer from Redmond.
Rather than trying to paraphrase, here’s Microsoft in its...
Read More | 8 Days Ago
It's a busy Monday morning for tech companies on Wall Street, with Apple announcing that over one million new G3 iPhones were sold last week (despite a public relations black eye over a downed Apple server that kept the new phones dark for thousands of new customers). Apple's stock is up five...
Read More | 11 Days Ago
Technology stocks received something of a boost yesterday, with the NASDAQ rising 21 points to 2,266.
Traders were buzzing about Microsoft’s admission that it would re-open talks with Yahoo, but only if less-than-subtle co-conspirator Carl Icahn can manage to unseat the Yahoo board of directors....
Read More | 17 Days Ago
I've been following the career arch of corporate raider Carl Icahn for years. The billionaire investor specializes in buying up huge chunks of stocks of volatile companies, then going after the company's board of directors to get the deals he wants.
It's worked pretty well with Icahn's investments...
Read More | May 14th, 2008
