EditorsAbout the SiteComes vs. MicrosoftUsing This Web SiteSite ArchivesCredibility IndexOOXMLOpenDocumentPatentsNovellNews DigestSite NewsRSS

04.06.08

Microsoft Fires Up Proxy War Against Yahoo as Debt Looms Over

Posted in Finance, Google, Microsoft, Open XML, Search at 1:50 am by Dr. Roy Schestowitz

When it’s cheaper to corner and squash rivals than to make better products…

In the previous post we showed an attack by Microsoft against a prominent figure. Microsoft made it personal. This was intended to promote Microsoft’s business interests. It also serves as a warning sign to anyone else who ‘dares’ to question OOXML.

We promised to write some more about Microsoft's proxy fight against Yahoo because not only does it bear a resemblance to the above only at a larger scale, but it also intensified yesterday. In case you have not seen those development in the news yet, here are a bunch of headlines with accompanying snippets.

1. CNET: Microhoo: Ballmer takes off his gloves

What Ballmer means: Jerry, you are making us both look bad. It’s time to get in gear, and if I have to bring on the irate dancing monkey and go straight to the shareholders, I will.

2. Wall Street Journal: Microsoft Threatens Yahoo Board With Proxy Battle, Lower Bid

Microsoft Corp. Chief Executive Steven A. Ballmer threatened Yahoo Inc. directors with a hostile takeover of the company if they don’t reverse course and agree to a deal within the next three weeks.

You will find some more details in this most recent update from CNET.

Microsoft on Saturday issued an ultimatum to Yahoo, giving the Internet search pioneer three weeks to enter formal merger negotiations and conclude a deal.

The software giant threatened to launch a proxy fight to unseat Yahoo’s board of directors, as well as take its case straight to Yahoo investors should no deal be reached in that period.

And as a further cattle prod in getting a deal consummated, Microsoft threatened to lower its existing bid, citing how Yahoo’s value will be hurt if it needs to resort to such hostile means.

“It’s all very similar to what you find in those infamous OOXML abuses, wherein Microsoft just sets the deck and games the system…”This is not exactly a topic for us to cover because it’s broad and would most likely prove to be a distraction, but if you have watched this saga since the beginning, then you would know that Microsoft urged various parties (proxies) to legally assault Yahoo and apply pressure to it. Additionally, Microsoft tries to grab seats on the board (squeezing in ‘insiders’, potentially secretly, according to last week’s reports) so as to make Yahoo more ‘compliant’ until it re-evaluates the offer, this time deciding ‘properly’.

It’s all very similar to what you find in those infamous OOXML abuses, wherein Microsoft just sets the deck and games the system by ensuring only obedient people are to vote, or at least a sufficiently-large majority of them. Watching what Microsoft has done to Yahoo so far is painful because the tactics are truly appalling.

Listed below are headlines we have accumulated and they are sorted roughly chronologically to tell you the story so far:

For those who still believe that a Yahoo takeover would be a ‘win’ for Microsoft (like the OOXML 'win'), consider the following article which appeared in Forbes just over a fortnight ago. Of interest:

Co-founder Bill Gates can’t be thrilled with watching Ballmer drain the company’s cash. He didn’t get so rich by buying at the top of the market.

Going a little further back, watch the detailed article from Reuters:

Microsoft Corp said on Monday it may borrow money for the first time in its history to fund a portion of its $44.6 billion unsolicited offer for Yahoo Inc.

Or from Glyn Moody:

The rest of the $44.6bn (£22.3bn) deal would be financed with an undisclosed amount of credit.

What that means is that it must squeeze as much money as it can from its operations to fund that debt and still pay dividends to shareholders, who will be looking for some payback from the Yahoo takeover. Giving away software is the last thing it would want to do in these circumstances, and
the DreamSpark announcement shows just how worried it is about the future.

We wrote more extensively about Microsoft financial issues right here. Do not be misled into thinking that Microsoft can defeat Google quite so easily. It can cause harm to some competitor, albeit at a hugely high cost.

To reduce expenses, Microsoft reaches out to foreign labour. We wrote about this recently in order to show that Microsoft uses nothing but excuses and resorts to truth-bending in order to justify its actions (mocking Americans’ intelligence in the process). Here are a couple of picks from the latest news. What you see here is a form of blackmail for visas (c/f other forms of Microsoft blackmail in [1, 2, 3, 4, 5]).

Visa woes? Microsoft has Vancouver, B.C.

The majority of those workers are graduates of U.S. universities who can’t stay in the country because of visa issues, said Microsoft spokesman Lou Gellos. Another 15 percent to 20 percent are from Canadian universities, Gellos said.

Who Got H-1B Visas Petitions Approved Last Year? Look At The List

The top 25 H-1B visa recipient companies contacted by Durbin and Grassley this week include Infosys, Wipro, Satyam, Cognizant, Microsoft, and Tata.

Marketing is the art of hypnosis. Microsoft is doing as well as it manages to have you believe it does. Learn not to trust what you are told about Microsoft by the press and the analysts whom it cites. Microsoft is a lot more fragile that most people realise.

Share this post: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • del.icio.us
  • Reddit
  • co.mments
  • DZone
  • email
  • Google Bookmarks
  • LinkedIn
  • NewsVine
  • Print
  • Technorati
  • TwitThis
  • Facebook

If you liked this post, consider subscribing to the RSS feed or join us now at the IRC channels.

Pages that cross-reference this one

What Else is New


  1. Links 17/4/2014: Android RDP, New Ubuntu, RHEL 7 Milestone

    Links for the day



  2. Racing to 1984: Mass Surveillance, Cracking, 'Targeted' Assassinations, and Illegal Torture

    Links for the day



  3. More Microsoft Subsidies to Patent Troll Intellectual Ventures

    Microsoft hands money to Bill Gates' close friend who is the world's largest patent troll



  4. Aiding Microsoft Under the Disguise of 'Pro-FOSS'

    Not everything which is FOSS necessary becomes, by virtue of existence, a positive contribution, as we are constantly reminded by projects that help proprietary software and/or restrictions get a strong grip on FOSS



  5. Links 16/4/2014: Red Hat PR, Ubuntu LTS Imminent

    Links for the day



  6. Links 15/4/2014: Lots of PCLinuxOS Releases, Ukraine Updates

    Links for the day



  7. Apple and Microsoft Actively Lobbying Against Patent Reform in the US

    Apple and Microsoft are reportedly intervening/interfering with US law in order to ensure that the law is Free/libre software-hostile



  8. Lawsuit by Microsoft Shareholder Targets Fine for Crimes Rather Than the Crimes Themselves

    A new lawsuit by a Microsoft shareholder shows everything that's wrong with today's model of accountability, where those who are responsible for crimes are accused of not avoiding fines rather than committing the crimes



  9. Public Institutions Must Dump PRISM-Associated Software

    Another reminder that taxpayers-subsidised services should refuse, as a matter of principle, to pay anything for -- let alone deploy -- proprietary software with back doors



  10. GNU/Linux News: The Opportunities Amid XP EOL

    Links for the day



  11. Microsoft Gets Its Money's Worth From Xamarin: PlayStation 4 Now Polluted by Microsoft

    The Trojan horse of Microsoft, Xamarin, is pushing .NET into Microsoft's console competitor



  12. After Brendan Eich Comes Chris Beard

    Having removed Brendan Eich using bullying and blackmail tactics, his foes inside Mozilla achieved too little as we have yet another man (coming from inside Mozilla) acting as CEO



  13. Healthcare News: Free Software in Health, Humanitarian Causes

    Links for the day



  14. Links 14/4/2014: MakuluLinux, Many Games, More Privacy News and Pulitzer Prize for NSA Revelations

    Links for the day



  15. TechBytes Episode 87: Catching up With Surveillance (NSA, GCHQ et al.)

    The first audio episode in a very long time covers some of the latest happenings when it comes to privacy and, contrariwise, mass surveillance



  16. Server News: KVM, ElasticHosts, Other GNU/Linux Items, and Open Network Linux

    Links for the day



  17. Hardware News: Freedom, Modding, Hackability on the Rise

    Links for the day



  18. Distributions News: GNU/Linux Distros

    Links for the day



  19. GNOME News: Financial Issues, Mutter-Wayland, West Coast Summit, Community Participation

    Links for the day



  20. KDE News: Kubuntu at the Centre Again KDE Applications Updated

    Links for the day



  21. Techrights Rising

    Effective immediately, Techrights will do what it takes to bring back old volume and pace of publishing



  22. Links: Surveillance, Intervention, Torture and Drones

    Links for the day



  23. Mobile Linux Not Just Android: Jolla, WebOS, and Firefox OS News

    Links for the day



  24. Google's Linux Revolution: New Gains for Android, Chrome OS (GNU/Linux)

    Links for the day



  25. Free/Libre Databases News: MongoDB, NoSQL, and MySQL Branches/Forks

    Links for the day



  26. Open Access on the Rise: Textbooks, Journals, Etc.

    Links for the day



  27. Finance Watch (Watching What's Not Being Watched): Economic Warfare/Class Injustice

    Links for the day



  28. Climate and Ecology Watch: News About a World Being Destroyed

    Links for the day



  29. Copyright News: DRM, Censorship, Megaupload, Hypocrisy, and Impact on the Internet

    Links for the day



  30. Sharing Works: Latest News Stories About Crowd-sourcing, Sharing, Transparency

    Links for the day


CoPilotCo

RSS 64x64RSS Feed: subscribe to the RSS feed for regular updates

Home iconSite Wiki: You can improve this site by helping the extension of the site's content

Home iconSite Home: Background about the site and some key features in the front page

Chat iconIRC Channel: Come and chat with us in real time

CoPilotCo

Recent Posts