06.11.08

Gemini version available ♊︎

Microsoft’s Proxy Fight May Have Begun Weeks Ago, Quietly

Posted in BSD, Finance, Free/Libre Software, Microsoft at 1:07 pm by Dr. Roy Schestowitz

Don’t! Tell! Anyone! That! We! Adopted! Mafia! Approach! Against! Yahoo!

A couple of months ago we showed that Microsoft was preparing for a proxy war whose purpose was to unseat Yahoo’s board. This is nothing new. Separate warning came at different times. It did Microsoft some great public relations damage at the time.

Microsoft later confirmed (openly even!) that it was prepared to launch an attack shall an ultimatum be ignored, but it then backed away very abruptly and pretended it had no interest in Yahoo anymore. Then came someone called Icahn out of the blue and suddenly Microsoft expressed some interest in Yahoo again. As the following article (among other sources) ought to teach us, it’s likely that this man is merely Microsoft’s headhunter. Days ago he even admitted that Microsoft needed Yahoo in order to compete. Why is he so concerned and why is he communicating with Redmond now?

Microsoft cops to talking with Icahn on Yahoo

Dispensing with its previous above-the-fray posture, Microsoft has admitted conspiring with talking to activist Yahoo shareholder Carl Icahn, who is trying to oust the Internet company’s board and Chief Executive Jerry Yang for failing to sell out to the software giant.

“Interesting but fully expected,” said one of our readers about this finding.” About the source, though, the LA Times material, IIRC, tends to evaporate over time, so it’s not necessarily the best for a link you plan to return to in a few weeks, months or years,” he added. It ought to be noted that the crossing out at the top came a little while later. The RSS feed said just “conspiring with” when the article got captured (no strikeout).

Target #1 appears to be Yahoo’s brainchild, as cruel as it may seem.

For more of the nasty details of this fight, and the details are illuminating, see my blog “Why Icahn Now Wants to Boot Yahoo!’s Jerry Yang.”

Use of the word “replace” seems to be misplaced. Mind aggressive terminology like “boot” and “kill”. Many people are already getting tired of terms like “dump”, and “<product x> killer” in the press. It’s intended to add drama and inspire fear.

As another new article about this endless Yahoo saga, consider impending lawsuits. We wrote about it the last time. Some of these lawsuits may be backed by Microsoft in one form or another. Encouragement in this case is not illegal (let alone lawsuits by proxy).

In its own filing, the shareholders suing Yahoo say the chairman of its compensation committee is due to be deposed Friday, while another outside director also has been served notice for deposition. Microsoft also has been served with related subpoenas, the plaintiffs say, and “will shortly provide a date for its deposition.”
for trial before meeting

To conclude and describe the situation at hand, consider the following thoughts from a reader (sent in earlier today):


“It appears that he wants Yahoo to destroy itself voluntarily so that Microsoft can hang on as a company for a short while longer.”The nauseating part is that he is pleading for a handout / bailout from Yahoo. It appears that he wants Yahoo to destroy itself voluntarily so that Microsoft can hang on as a company for a short while longer. Just how does that benefit anybody besides Icahn? Since when are profitable companies expected to be liquidated to keep unprofitable money pits (c/f indications of Enron-style money shifting) like Microsoft a float a while longer? I thought everyone in the know had long since sold their Microsoft stock, if they ever had any in the first place.

Let’s ask Icahn if maybe Microsoft is scraping by primarily through buying and selling its own stock.

However, be that as it may, if a main purpose of the bid is to screw with and stress-out Yahoo’s many PHP, BSD and other FOSS developers, then attacking the severance plans makes a lot of sense:

* Worrying about the severance plans and job security reduces productivity, which helps Microsoft by hurting Yahoo and its FOSS projects.

* Removing the severance plans means some staff will bail, disrupting Yahoo and FOSS development, regardless of how quickly staff relocate.

* Removing the severance plans mean that if Icahn is able to hand his Microsoft masters Yahoo, they can mess with the FOSS developers effectively stopping development on projects dependent on those developers.


We will keep an eye on this never-ending story because the impact on Free software can be high.

Share in other sites/networks: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Reddit
  • email

Decor ᶃ Gemini Space

Below is a Web proxy. We recommend getting a Gemini client/browser.

Black/white/grey bullet button This post is also available in Gemini over at this address (requires a Gemini client/browser to open).

Decor ✐ Cross-references

Black/white/grey bullet button Pages that cross-reference this one, if any exist, are listed below or will be listed below over time.

Decor ▢ Respond and Discuss

Black/white/grey bullet button If you liked this post, consider subscribing to the RSS feed or join us now at the IRC channels.

DecorWhat Else is New


  1. Links 05/02/2023: Pakistan Blocks Wikipedia, Musharraf Dies

    Links for the day



  2. IRC Proceedings: Saturday, February 04, 2023

    IRC logs for Saturday, February 04, 2023



  3. Links 04/02/2023: FOSDEM Happening and Ken Thompson in SoCal Linux Expo

    Links for the day



  4. 2023 is the Year Taxpayers' Money Goes to War and Energy Subsidies, Not Tech

    Now that a lot of powerful and omnipresent ‘tech’ (spying and policing) companies are rotting away we have golden opportunities to bring about positive change and maybe even recruit technical people for good causes



  5. Getting Back to Productive Computer Systems Would Benefit Public Health and Not Just Boost Productivity

    “Smartphoneshame” (shaming an unhealthy culture of obsession with “apps”) would potentially bring about a better, more sociable society with fewer mental health crises and higher productivity levels



  6. Links 04/02/2023: This Week in KDE and Many More Tech Layoffs

    Links for the day



  7. Dotcom Boom and Bust, Round 2

    The age of technology giants/monopolies devouring everything or military-funded (i.e. taxpayers-subsidised) surveillance/censorship tentacles, in effect privatised eyes of the state, may be ending; the United States can barely sustain that anymore and raising the debt ceiling won't solve that (buying time isn't the solution)



  8. Society Would Benefit From a Smartphoneshame Movement

    In a society plagued by blackmail, surveillance and frivolous lawsuits it is important to reconsider the notion of “smart” phone ownership; these devices give potentially authoritarian companies and governments far too much power over people (in the EU they want to introduce new legislation that would, in effect, ban Free software if it enables true privacy)



  9. IRC Proceedings: Friday, February 03, 2023

    IRC logs for Friday, February 03, 2023



  10. IRC Proceedings: Thursday, February 02, 2023

    IRC logs for Thursday, February 02, 2023



  11. Links 03/02/2023: Proton 7.0-6 Released, ScummVM 2.7 Testing

    Links for the day



  12. Links 03/02/2023: OpenSSH 9.2 and OBS Studio 29.0.1

    Links for the day



  13. Links 03/02/2023: GNU C Library 2.37

    Links for the day



  14. Sirius Finished

    Yesterday I was sent a letter approving my resignation from Sirius ‘Open Source’, two months after I had already announced that I was resigning with immediate effect; they sent an identical letter to my wife (this time, unlike before, they remembered to also change the names!!)



  15. The Collapse of Sirius in a Nutshell: How to Identify the Symptoms and Decide When to Leave

    Sirius is finished, but it's important to share the lessons learned with other people; there might be other "pretenders" out there and they need to be abandoned



  16. Links 03/02/2023: WINE 8.1 and RapidDisk 9.0.0

    Links for the day



  17. Links 02/02/2023: KDE Gear 22.12.2 and LibreOffice 7.5

    Links for the day



  18. Linux News or Marketing Platform?

    Ads everywhere: Phoronix puts them at the top, bottom, navigation bar, left, and right just to read some Microsoft junk (puff pieces about something that nobody other than Microsoft even uses); in addition there are pop-ups asking for consent to send visitors’ data to hundreds of data brokers



  19. Daily Links at Techrights Turn 15, Time to Give Them an Upgrade

    This year we have several 15-year anniversaries; one of them is Daily Links (it turned 15 earlier this week) and we've been working to improve these batches of links, making them a lot more extensive and somewhat better structured/clustered



  20. Back to Focusing on Unified Patent Court (UPC) Crimes and Illegal Patent Agenda, Including the EPO's

    The EPO's (European Patent Office, Europe's second-largest institution) violations of constitutions, laws and so on merit more coverage, seeing that what's left of the "media" not only fails to cover scandalous things but is actively cheering for criminals (in exchange for money)



  21. European Patent Office Staff Votes in Favour of Freedom of Association (97% of Voters in Support)

    The Central Staff Committee (CSC) at the EPO makes a strong case for António Campinos to stop breaking and law and actually start obeying court orders (he’s no better than Benoît Battistelli and he uses worse language already)



  22. Links 02/02/2023: Glibc 2.37 and Go 1.20

    Links for the day



  23. IRC Proceedings: Wednesday, February 01, 2023

    IRC logs for Wednesday, February 01, 2023



  24. Links 01/02/2023: Security Problems, Unrest, and More

    Links for the day



  25. Links 01/02/2023: Stables Kernels and Upcoming COSMIC From System76

    Links for the day



  26. IRC Proceedings: Tuesday, January 31, 2023

    IRC logs for Tuesday, January 31, 2023



  27. Links 31/01/2023: Catchup Again, Wayland in Xfce 4.20

    Links for the day



  28. Links 31/01/2023: elementary OS 7

    Links for the day



  29. Intimidation Against Nitrux Development Team Upsets the Community and Makes the Media Less Trustworthy

    Nitrux is being criticised for being “very unappealing”; but a look behind the scenes reveals an angry reviewer (habitual mouthpiece of the Linux Foundation and Linux foes) trying to intimidate Nitrux developers, who are unpaid volunteers rather than “corporate” developers



  30. Links 31/01/2023: GNOME 44 Wallpapers and Alpha

    Links for the day


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

Recent Posts