News today that billionaire investor and Micro-hoo meddler Carl Icahn was given a seat on Yahoo’s board, as well as two additional board seats for people close to him, put to rest fears of a proxy fight at the August 1 Yahoo shareholder meeting. But beyond that, it’s anybody’s guess as to what will happen next: Is […]

The Micro-hoo saga has been turning uglier in the last few days, if such a thing is possible: The three-way "negotiations" between Carl Icahn, the Yahoo board, and Microsoft turned up another non-starter offer for MSFT to cherry-pick Yahoo’s search assets, which in turn led to much finger-pointing, and general acrimony. The result is that Icahn may […]

OK, this isn’t the post I meant to write, but the (pseudo-)developments are simply happening too fast to catch one’s breath. Today, Microsoft apparently walked away from a Yahoo deal more thoroughly than they previously had, which in itself makes little sense and proves how much Ballmer and Co. have kept themselves in suspended animation during […]