Yahoo

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Yahoo's Defensive Stance: Microsoft 'Inconsistent' in Bid

Company gives take on negotiation as clock ticks on Icahn proxy fight

(Newser) - As it tries to fend off investor Carl Icahn's attempt to replace its board of directors, Yahoo today presented its version of buyout negotiations with Microsoft to shareholders, MarketWatch reports. Yahoo portrayed Microsoft as “unresponsive, inconsistent,” and loose on logistic details of the proposed merger. "The record...

Angry Worker Blasts Yahoo in Email

Missive blames office politics, lousy execs for sinking company

(Newser) - A sarcastic Yahoo employee slammed the company in an email sent to Fortune today, taking aim at futile executives and lousy decision-making. In the wake of Yahoo's latest shakeup, "things could not be better," the email says: True, past "reorgs" were sparked by pointless executive shifts, but...

Yahoo Regroups, Again
 Yahoo Regroups, Again 
Jun 27, 2008 8:52 AM CDT

Yahoo Regroups, Again

Struggling company attempts to recover after Microsoft bid

(Newser) - Reeling after Microsoft’s failed takeover bid and bracing for a fight with financier Carl Icahn over board control, struggling Yahoo is once again restructuring itself, the New York Times reports. “Any organization change is disruptive,” said Yahoo’s president, but “the flip side of disruption is...

When Is A Facebook Friend Just A Friend?

Social sites clash over letting users share info between services

(Newser) - There’s a movement among some social Web services, from MySpace and Yahoo to Plaxo, to let users share data, the MIT Technology Review reports. Take Google’s new Friend Connect, a service that lets users transport profiles and connections among sites. But Facebook, for one, is swimming against the...

Yahoo Defends Rejection of Alternate Microsoft Offer

Seeking to blunt attacks from Carl Icahn, the company goes to shareholders

(Newser) - Yahoo yesterday launched an offensive against billionaire Carl Icahn’s attempt to displace the board, detailing in a letter to shareholders why accepting Microsoft’s alternative $8-billion search-only deal would have diminished Yahoo’s value and hurt the company strategically, reports MarketWatch. CEO Jerry Yang and Chairman Roy Bostock said...

Yahoo, Microsoft Talks On Again
Yahoo,
Microsoft
Talks On Again
Jun 25, 2008 3:05 AM CDT

Yahoo, Microsoft Talks On Again

Microsoft may now be seeking partial deal, not full buyout

(Newser) - A deal may still be in the works between Microsoft and Yahoo—but not for a full acquisition of Yahoo, according to Fortune. Microsoft may be after Yahoo's search business, which the software giant needs to tackle competitor Google. Yahoo is also under investor pressure to revive talks. Its shares...

Ad Execs Feel Besieged by Google & Co.

Net giants' deep pockets could squeeze creativity, competition

(Newser) - Advertisers are spooked at net giants like Google and Microsoft throwing their weight around in the world of online advertising, the New York Times reports. With its ad deal with Yahoo drawing fire at conference in Cannes, Google “clearly wants to replace the advertising industry in its totality,"...

Amazon Kept Laughing After Dot-Com Bust
Amazon Kept Laughing After Dot-Com Bust
ANALYSIS
Jun 20, 2008 4:45 PM CDT

Amazon Kept Laughing After Dot-Com Bust

E-tailer stays nimble as Yahoo, eBay trip into the future

(Newser) - Yahoo, eBay, and Amazon emerged from the dot-com bust as a mighty triumvirate, but only Amazon has kept its mojo in the decade's latter stages, the Economist reports. Yahoo, the oldest of the lot at 14, shooed away Microsoft, surrendered part of its business to Google, and failed to stay...

Yahoo to Reorganize in Wake of Microsoft Bid

Company execs quit amid changes

(Newser) - Regrouping in the aftermath of Microsoft’s takeover bid, Yahoo plans to consolidate its myriad branches, the Wall Street Journal reports. President Susan Decker aims to centralize the mail, search, and home-page teams to help boost earnings and justify its rejection of Microsoft’s $47.5 billion offer; some executives...

Yang's First Year Leaves Many 'Disillusioned'
Yang's First Year Leaves Many 'Disillusioned'
ANALYSIS
Jun 19, 2008 12:32 PM CDT

Yang's First Year Leaves Many 'Disillusioned'

Microsoft fiasco most public of Yahoo's woes; '09 could be tougher

(Newser) - Yahoo’s stock has slipped 16.5%, the company might as well be wearing a sign that says “take me over,” and there’s a line of shareholders waiting to sue for what they say was a mishandled non-deal with suitor Microsoft, Fortune reports—not quite the scenario...

MySpace Takes Aim at Yahoo
 MySpace Takes Aim at Yahoo 
Jun 13, 2008 2:08 PM CDT

MySpace Takes Aim at Yahoo

Social networker seeks to become a portal

(Newser) - Myspace is retooling itself to become a more direct competitor to web portals, specifically Yahoo, BusinessWeek reports. Starting Wednesday, the popular social networking site will unveil changes to its homepage such as news headlines, local weather apps, and entertainment links.

Yahoo and Google: It's All Up to Yang
Yahoo and Google: It's All Up to Yang
analysis
Jun 13, 2008 10:08 AM CDT

Yahoo and Google: It's All Up to Yang

CEO must pave way for struggling company as investors look on

(Newser) - As Yahoo and Google prepare for a new search-ad deal, it’s all up to CEO Jerry Yang, writes Charles Cooper for CNET. Will Yang be the next Steve Jobs, pulling a struggling company back to the spotlight—or will he fade like his Yahoo predecessors? The afreement "may...

Yahoo Strikes Deal With Google on Search Ads

Announcement comes just hours after Microsoft deal falls through

(Newser) - Yahoo struck a deal today with Google to display its rival's search ads, just hours after announcing the end of talks with Microsoft on a possible merger, the Wall Street Journal reports. The deal with Google, which still faces months of federal scrutiny, could bring in $800 million a year...

Microsoft, Yahoo End Talks, Rule Out Merger

Weekend meeting torpedoes hopes of a merger

(Newser) - Looks like a Microsoft-Yahoo marriage is off—for good this time, the Wall Street Journal reports. In a meeting last weekend, Microsoft representatives stated “unequivocally” that the software giant was not interested in purchasing all of Yahoo for any price. Yahoo then ruled out an alternative of selling Microsoft...

Startup Site Wants to See Your Paycheck

Glassdoor.com gives users dirt on others in exchange for theirs

(Newser) - Ever wonder how much people at Google or Microsoft really make? Just-launched Glassdoor.com wants to tell you, TechCrunch reports. Essentially, the site collects self-submitted compensation reports and reviews for as many jobs at as many firms as possible. Open to everyone are full details for Googe, Yahoo, Microsoft, and...

Icahn: Yahoo Poison Pill 'Reprehensible'

But pricey severance plan kicks in if Icahn wins proxy fight, Yahoo says

(Newser) - Billionaire investor Carl Icahn yesterday called Yahoo’s poison-pill severance plan, designed to deter hostile takeovers, “reprehensible,” the Wall Street Journal reports, but Yahoo said the measure would kick in if Icahn wins control of the board. "Now they found a way to entrench themselves forever,"...

Icahn Again Skewers Yahoo
 Icahn Again Skewers Yahoo 
Jun 9, 2008 1:18 PM CDT

Icahn Again Skewers Yahoo

'Why did you permit Google to leave you in the dust?' investor asks board

(Newser) - Investor Carl Icahn broadened his attacks on Yahoo today, targeting not only the recent failure of a Microsoft takeover deal but longtime performance issues, the Wall Street Journal reports. "Why did you permit Google to leave you in the dust?" he wrote to the board.

Yahoo Chair Hits Back at Icahn
Yahoo Chair Hits Back at Icahn
Jun 5, 2008 9:38 AM CDT

Yahoo Chair Hits Back at Icahn

Says corporate raider 'grossly' distorted, lacks 'credible plan' other than Microsoft sale

(Newser) - The chairman of Yahoo's board was quick to fire back at accusations leveled by Carl Icahn yesterday, reports the New York Times. An open letter from Roy Bostock to the corporate raider said Icahn's claim that Yahoo's board had sabotaged a Microhoo deal grossly distorted the board's position, and went...

Icahn to Yang: I've Got Your Pink Slip

Says Jerry wrecked Microsoft deal, and he's out if proxy bid wins

(Newser) - Billionaire investor Carl Icahn wants Jerry Yang out of Yahoo's CEO seat, and has a pink slip waiting if his proxy action to take over the board is successful, reports the Wall Street Journal. Icahn yesterday unleashed a torrent of criticism of Yang’s role in the aborted Microsoft buyout...

Yahoo Planned Huge Worker Walkout: Lawsuit

Execs also hid $1.5B Microsoft offer to employees

(Newser) - Yahoo planned to pay all 14,000 workers to quit if Microsoft bought the company in a recent takeover bid, a lawsuit unsealed today claims. The shareholder complaint blasts execs for burying Microsoft's $1.5 billion offer to workers, and rejecting a $40-per-share offer last year. Yahoo tried to stop...

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