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 30/7/2015: Apache Spark on Z System, Elive 2.6.8 Beta

    Links for the day



  2. Microsoft's Mouthpiece Mary Branscombe Tries to Shoot Down Free Software, But Fails Miserably

    At the CBS-owned ZDNet, which is Free/Open Source software-hostile, new FUD surfaces, but the FUD is so flawed that a full rebuttal is easy and almost imperative



  3. People of New Zealand Must Rise Up to Defend Sovereignty and Stop Software Patents

    The TPPA serves to override (launder) the law of New Zealand, allegedly legalising patents on software in the process



  4. Microsoft Illegally Evades Billions of Dollars in Tax, Says IRS

    The criminal enterprise known as Microsoft finds itself embarrassingly exposed in the courtroom, for the IRS belatedly (decades too late) targets the company in an effort to tackle massive tax evasions



  5. Vista 10 Very Buggy Upon Release, Just as We Have Repeatedly Warned for Weeks

    Vista 10 is prematurely pushed out the door (to meet a deadline) way ahead of it being stable, even remotely polished, and supported by hardware companies (there is a serious drivers issue)



  6. Surveillance Machine With a Keylogger: Vista 10 Will Spy on the User (Over the Internet) Even While Playing Games

    Microsoft is making it clear that even playing a simple game like Solitaire on Vista 10 will make one subjected to spying (for targeted ads); other serious violations of privacy revealed upon release



  7. Links 29/7/2015: Akademy 2015 Ends, NetBSD 7.0 RC

    Links for the day



  8. MPEG-LA is Preparing New Patent Obstruction (Called DASH) Against Free Software, OIN Grows

    A new conspiracy against free multimedia software, set up by the MPEG cartel, is called DASH



  9. New Zealand's Media Gets History Wrong on Software Patents

    Setting the record straight on the fight against software patents in New Zealand



  10. Not Only Vista 10 Crashes a Lot, Any .NET Application Does Too (Updated)

    Microsoft software is quickly becoming synonymous with crashes as any piece of software developed with Microsoft's tools, not just the underlying platform, crashes chronically



  11. The Government of Bulgaria Sells Out to Microsoft, Again

    Despite some promises and reassurances that Bulgaria will consider Free/libre software, the Bulgarian government hands out a lot more of taxpayers' money to the Mafia



  12. Corporate Media Finally Finds Out That Vista 10 Crashes a Lot

    Stability issues of Vista 10 are belatedly reported to be a major catastrophe, leaving it unusable for many early adopters



  13. Links 28/7/2015: Linux 4.2 RC4, New Logos and Bug 'Branding' for FUD

    Links for the day



  14. Patents Roundup: Technicolor, Alice, Voip-Pal, Fitbit, Marijuana Patents, and JDate

    A look at some of last week's patent news, with imperative responses that criticise corporate exploitation of patents for protectionism (excluding and/or driving away the competition using legal threats)



  15. Corporate Lobbyists Including Koch-Connected Front Groups Attack Real and Perceived Patent Reform in the United States

    Looking at some of the latest propaganda for and against a bill which is already too watered-down to actually fix the US patent system



  16. Patents in the Android World Further Complicate Freedom in This Linux-Powered Platform

    A survey of last week's news with special focus on Google and Android, which are trying to coexist and thrive in a world full of patent maximalists



  17. The 'Unitary' Patent Trojan Horse Rammed Down the Throat of Europe

    Under the guise of 'unification' or 'unity', existing patent systems are being abandoned and more power gets passed to corrupt EPO officials



  18. HEVC Cartel is Not News, Only the Names of Backers and the Costs Are New

    A few remarks on and a roundup of recent articles about HEVC, which we first wrote about in spring



  19. IRC Proceedings: July 12th, 2015 – July 25th, 2015

    Many IRC logs



  20. Links 26/7/2015: Purism Librem and Freedom, Akademy Updates

    Links for the day



  21. Vista 10 (Windows 10) Has NSA Back Doors and Front Doors

    Vista 10 to bring new ways for spies (and other crackers) to remotely access people's computers and remotely modify the binary files on them (via Windows Update, which for most people cannot be disabled)



  22. Vista 10 Not Ready, But Released Anyway

    Despite severe technical issues in the rushed-out-the-door Vista 10, Microsoft decides to stick with the deadline, only days after reporting billions of dollars in losses



  23. Links 25/7/2015: Plasma Mobile, Linux Mint 17.2 OEM

    Links for the day



  24. Links 24/7/2015: openSUSE Leap 42.1, Intel With Rackspace for OpenStack

    Links for the day



  25. Links 24/7/2015: GNOME 3.17.4, Mozilla Developer Network Turns 10

    Links for the day



  26. Microsoft Has Run Out of Attempts and Vista 10 Will Definitely Fail

    As Microsoft admits billions of dollars in losses just days before Vista 10 is pushed as a 'free' upgrade, there is no concrete sign that financial recovery is imminent, for the bigger cash cow (Office) suffers a similar fate



  27. GNU/Linux Circles Ought to Stop Promoting Visual Studio, Which is Neither Cross-Platform Nor Free Software

    Media carries on openwashing Visual Studio and perpetuating the illusion that it is not tied to Microsoft Windows



  28. Spinning Proprietary Software Dangers as Dangers of Free/Libre Software

    News sites mislead their readers, teaching them that the biggest dangers associated with proprietary software are in fact problems exclusive to Free/libre Open Source software



  29. Links 23/7/2015: New RHEL Release, Capital One Releases Code

    Links for the day



  30. Terminology of Patent Lawyers and Pro-Patents Media Serves to Mislead the Public

    An outline of stories where the language used to describe patents is grossly distorted so as to bias the reality and mislead the audience/readers


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