Yahoo announced on Tuesday that it will hold its annual shareholders meeting on 1 August, setting the stage for a contentious proxy battle with billionaire shareholder Carl Icahn.
Without a competing suitor to push Microsoft's unsolicited bid higher, Yahoo is turning to its investors to get that job done.
Oracle and its director nominees for PeopleSoft's board have met with an influential shareholder group, in an effort to persuade it to recommend the opposition slate to institutional investors.
As Yahoo sheds over 1,000 staff, some shareholders have filed a lawsuit against it in the hope of forcing the company to reconsider Microsoft's US$44.6 billion takeover bid.
The bulk of shareholders in ASX-listed Unwired are yet to respond to Seven's proposed takeover of the wireless company, with only 21 percent of shareholders accepting the AU$127 million deal to date.
Say what you will about Senator Stephen Conroy, but he is clearly not a man afraid of confrontation. Well, he'd better not be, because by killing off the OPEL WiMax project he has just set himself up for a battle with Telstra of Biblical proportions or a big meal of crow washed down with a $4.7 billion gift to SingTel Optus.
After a resounding "no" on its unsolicited buyout offer for Yahoo, Redmond will either up the ante or ready a one-two punch.
As Microsoft's deadline for Yahoo to accept its takeover bid passes, the tech world is still waiting for information from either company on their wedding plans.
Oracle on Friday announced a surprise US$5.1 billion takeover bid for enterprise software maker PeopleSoft, only a few days after PeopleSoft said it was acquiring rival J.D. Edwards for $1.7 billion.
On Saturday, Microsoft formally withdrew its offer to acquire the search pioneer, at least for now. So what happens next for Yahoo? A deal with Google looks likely.
With Yahoo apparently off the table, what's Microsoft's back-up plan? Try again for Yahoo or go for a new target?
David Tennenhouse is one of Intel's big-picture guys, looking for the next decade's big thing. His forecasts for the chipmaker and the industry may surprise you.
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