Jerry Yang gets the support of majority of the shareholders
Some good news for Yahoo finally. The shareholders in the company have shown their faith in the current company board.
Yahoo CEO Jerry Yang also found major support as he got 85 percent of votes supporting his leadership at the top.
The company chairman Roy Bostock was [...]
Yahoo rejects latest offer from Microsoft and Carl Icahn
Internet media giant Yahoo has now rejected the latest deal offered to them by Microsoft and Carl Icahn.
The deal was for the search business operations of Yahoo.
Yahoo has till now rejected all the offers made by Microsoft including one for a complete acquisition.
Microsoft and Carl Icahn [...]
Carl Icahn: Microsoft still interested in Yahoo
Things are becoming clearer now on what strategy Microsoft is taking to bounce back with a bid for Yahoo.
Billionaire investor Carl Icahn has now stated that Microsoft is indeed interested in coming back with a bid for Yahoo.
He said that if Yahoo indeed replaces the company’s board with new [...]
Yahoo: Google is more desirable partner
Yahoo has stated in a letter to its shareholders that Google is a more desirable partner compared to Microsoft and Icahn.
The company defended their recent deal with the search engine giant which would see Google supplying advertising on some search result pages of Yahoo in USA and Canada.
Market sources have [...]
The Icahn Report is Live!
Billionaire investor Carl Icahn has finally taken some time out to start posting on his recently launched blog.
The Icahn Report is now alive with new posts from the man himself.
Icahn spoke about this new initiative: “I believe corporate democracy in this country is for the most part a myth. The purpose [...]
Jeff Weiner leaves Yahoo for venture firm
Accel Partners and Greylock Partners has revealed that a top Yahoo executive Jeff Weiner is leaving the internet media giant to join them.
He would join the two firms as an executive in residence.
His new position would be applicable from September this year.
With this Weiner has now become the [...]
Google can cancel deal with Yahoo in case of a takeover
Yahoo and Google have entered into a four year long deal which would see Google providing advertising on Yahoo Search pages.
However, the search engine giant has the power to cancel this agreement in case majority of Yahoo’s current board is replaced at the behest of [...]
Yahoo in a deal with Google on search ads!
TechCrunch was right after all. Internet media giant Yahoo has confirmed a deal with search engine giant Google.
The two giants of the web have signed on a non-exclusive partnership on search advertising.
Analysts believe that the deal is large enough to generate around $800 million in annual revenue.
Yahoo [...]
TechCrunch: Yahoo and Google set to announce a partnership
Technology blog TechCrunch has claimed that internet media giant Yahoo is all set to announce a partnership with search engine giant Google.
The two companies are likely to make a joint announcement which could be related to some sort of a deal between them.
The deal could be related [...]
Carl Icahn gets permission to buy Yahoo shares
FTC has now granted permission to billionaire investor Carl Icahn to purchase more shares of the internet media giant Yahoo.
Icahn is said to be interested in acquiring another $1.5 billion worth of shares.
He is already fighting a battle with the company to replace the board of members with [...]
