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

11.30.08

Microsoft Hijacked Yahoo! from the Inside (Updated)

Posted in Google, Microsoft, Patents at 12:58 pm by Dr. Roy Schestowitz

“You don’t need to buy the company, just destroy them and then take their business.”

Duncan ‘Dragons Den’ Bannatyne

In this latest chapter, there are negotiations for the acquisition of Yahoo’s search business. A reader of ours once again points out that a patent which acts as anti-Google kryptonite might be the motive. The patent can be found here and some analysis here: “Google’s SEC filings mention a “fully-paid, perpetual license,” but they omit the word non-revocable. Patent license terms often include non-revocable in addition to perpetual. Perpetual seems to indicate non-revocability but it really does not. It is unreasonable to expect Google’s high-powered lawyers to miss the word non-revocable, so Google’s license to the ’361 patent is revocable.”

For background about this Yahoo! saga, see our previous coverage and analysis, which includes:

There is a lot more in the posts above (including evidence of control being seized from the inside), so that won’t be repeated here.

It was probably predictable. This type of deal was coming following a lot of agitation from Microsoft and ‘injection’ of its own people into Yahoo. Here is another lost boss for Yahoo (from Friday).

Coppel will stay for the handover to his replacement and leave the company in the first quarter of 2009.

Sue Decker, president of Yahoo! Inc, said, “The appointment of Rich Riley represents the next phase in the evolution of our European and Canadian businesses, enabling us to build on the great foundations laid by Toby Coppel.

Microsoft must be aiming at overthrowing the opposition from Yahoo and taking control from the inside rather than from the outside. Yang jumped in after Terry Semel had shown signs of weakness.

Speculations grew just before the American holiday began, particularly because Icahn, whom Microsoft communicates with and probably uses in what’s known as a “proxy battle”, made his move.

Talks with Microsoft are rumoured to be still going on – possibly just for its search business. And presumably Steve Ballmer is offering a lot less than $33 a share.

Yang’s supposed preferred response, an ad deal with Google, has also fallen through.

Here is MarketWatch’s report about it.

According to a filing with the Securities and Exchange Commission, Icahn purchased roughly 6.8 million shares in Yahoo…

Lastly, from the Los Angeles Times: Yahoo stock rallies after Carl Icahn increases stake

The company’s stock surged 93 cents, or nearly 9%, to $11.51 in the shortened trading session after Icahn, a Yahoo board member who has been pushing a strategy shift or a sale to Microsoft Corp., said he had bought about 6.8 million shares.

There are some other new sightings of Microsoft/Yahoo.

All in all, this has been a brutal and despicable display of power. Some of the moves involved should be illegal and considered white-collar crime.

Update: that original report is being challenged and even refuted now.

A report in the Sunday Times that Microsoft Inc is in talks with Yahoo Inc to buy the U.S. internet company’s online search business for $20 billion is “total fiction,” according to a key executive cited by an influential U.S. blog.

The Sunday Times, which did not cite its sources, said the proposal under discussion involves a complex transaction that would see the U.S. software giant support a new management team to take control of Yahoo.

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

7 Comments

  1. Needs Sunlight said,

    November 30, 2008 at 1:50 pm

    Gravatar

    Keep in mind that M$ is borrowing for the bids *and* that many of the prices don’t include cash, but stock papers instead. Count only the cash in the discussions, not funnymoney.

  2. Needs Sunlight said,

    November 30, 2008 at 1:51 pm

    Gravatar

    Keep in mind that M$ is borrowing for the bids *and* that many of the prices don’t include cash, but stock papers instead. Count only the cash in the discussions, not funnymoney. (That may be worth annotating in each of the quotes as well, when dollar values are mentioned.)

  3. Doug said,

    November 30, 2008 at 2:32 pm

    Gravatar

    Microsoft/Yahoo deal is ‘total fiction’ ..

    “Rumors of Microsoft buying all of Yahoo have popped up regularly since it abandoned its failed takeover bid, all of which have been untrue”

    “That’s not to say there will not be some search deal between Yahoo and Microsoft, which seems more than likely at some point.”

    So, it’s true and not true, at the same time ..

    http://kara.allthingsd.com/20081129/total-fiction-there-is-no-20-billion-microsoft-deal-to-buy-yahoo-search/

  4. Doug said,

    November 30, 2008 at 2:36 pm

    Gravatar

    Actually that quote is from one of the clients, as quoted to him ..

    “instead of buying a business, its much better to undercut that business put them out of business and then mop up their business anyway”

    http://snipurl.com/6yp35 25:40 ..

  5. Needs Sunlight said,

    November 30, 2008 at 3:30 pm

    Gravatar

    Keep in mind both that M$ is borrowing for the bids *and* that many of the prices don’t include cash, but stock papers instead. Count only the cash in the discussions, not funny-money. (The actually cash may be worth annotating in each of the quotes as well, when dollar values are mentioned.)

  6. Roy Schestowitz said,

    November 30, 2008 at 3:36 pm

    Gravatar

    That’s a cherry on the cake. Even without any slice of Yahoo they drive into a debt of $6bn the last time I checked the numberw. Even Apple is wealthier (counting by liquid assets).

  7. Roy Schestowitz said,

    November 30, 2008 at 4:13 pm

    Gravatar

    Doug,

    I reckon it’s inevitable. Carl and his two buddies don’t sit there on the Board of Directors for leisure. Carl does not even attend important meetings. He’s there to stuff the ballot, literally or metaphorically at times. He talks to Microsoft, and vice versa. Meanwhile, Microsoft execs are entering Yahoo! while resistors like Yang are pressured out. Put 2 and 2 together. :-)

What Else is New


  1. Links 30/8/2014: Jailhouse 0.1, *buntu 14.10 Beta

    Links for the day



  2. Links 28/8/2014: Many New Games, CTO of Red Hat Steps Down

    Links for the day



  3. We Are Gradually Winning the Battle Against Software Patents

    The once-elusive war on software patents is finally leading to some breakthrough and even the Federal Circuit reinforces the trend of software patents' demise



  4. Free/Open Source Software (FOSS) Companies Versus FOSS Moles (VMware, Sonatype, Xamarin)

    A look at three entities which pretend to be pro-FOSS but are actually FOSS-hostile and very much determined to replace FOSS with proprietary software



  5. Links 27/8/2014: GNU/Linux in Space, China, LinuxCon

    Links for the day



  6. FUD Against Google and FOSS Security Amid Microsoft Windows Security Blunders

    In the age of widespread fraud due to Microsoft Windows with its back doors there is an attempt to shift focus to already-fixed flaws/deficiencies in competitors of Microsoft



  7. Microsoft Spin Watch: IDG Turns to More Microsoft Propaganda, Hires Microsoft Boosters

    Media in Microsoft's pocket is telling Microsoft's lies and deceives the public for Microsoft's bottom line



  8. Microsoft's Massive Tax Evasion Becomes Better Known

    A new report about Microsoft's admission that it plays dirty tricks with tax (sometimes using moles in government) is increasing awareness of Microsoft's criminal aspects



  9. Links 25/8/2014: China's Linux Revolution Imminent

    Links for the day



  10. Links 24/8/2014: GNU/Linux Specialisation and Benchmarks

    Links for the day



  11. Links 23/8/2014: GNU/Linux Growth

    Links for the day



  12. Microsoft-Funded Attacks on Android Security and Patent/Copyright

    A look back at examples of people who smear Android and are receiving (or received) money from Microsoft



  13. Blowback in Chile and Munich After Microsoft Intervention

    Microsoft's attacks on the digital sovereignty of countries involves lobbying, corruption, an attack on standards (e.g. ODF), an attack on FOSS policies, and even an attack on accurate reporting (truth itself)



  14. The End of Microsoft is Nigh

    A look back at a tough year for Microsoft and a not-so-promising future



  15. Links 22/8/2014: Linux Foundation LFCS, LFCE

    Links for the day



  16. UPS Burned by Microsoft Windows, Gives Away Massive Number of Credit Card Details

    UPS is the latest victim of Microsoft's shoddy back door with software on top of it (Windows); attempts to blame FOSS for data compromise actually divert attention from the real culprit, which is proprietary software



  17. Microsoft's Funding of ALEC and Other Systemic Corruption

    Microsoft role in writing of laws by proxy, via groups such as ALEC



  18. Microsoft is Still Preying on British Taxpayers, Playing Politics

    Some news from the UK showing how Microsoft uses politics to extract money out of taxpayers, irrespective of their preferences



  19. Microsoft's Patent Troll Intellectual Ventures is Collapsing as 20% of Staff Laid Off

    More good news regarding the demise of patents as Microsoft's leading patent proxy is collapsing more rapidly than anyone ever imagined and software patents too are collectively doubted



  20. Links 21/8/2014: Conferences of Linux Foundation, Elephone Emerges

    Links for the day



  21. Links 20/8/2014: Linux Event, GNOME Milestone

    Links for the day



  22. Corruption Watch: Microsoft Lobbying Designed to Kill Chile's Free Software Policy and Promote Microsoft With Subsidies, More Dirty Tricks Emerge in Munich

    icrosoft is systematically attacking migrations to GNU, Linux and Free software, using dirty tricks, as always



  23. Vista 8 Such a Disaster That Even Microsoft Cannot Cope With It, Vapourware Tactics Start Early

    Microsoft's Windows-powered services are failing and Windows gets bricked by Microsoft patches, whereupon we are seeing yet more of Microsoft's vapourware tactics (focusing in imaginary, non-existent versions of Windows)



  24. On BlackBerry and Other Patent Trolls

    A roundup regarding patent trolls, starting with the bigger and latest joiner, BlackBerry's new patents apparatus



  25. Links 19/8/2014: Humble Jumbo Bundle 2 Betrayal, Mercedes-Benz Runs GNU/Linux

    Links for the day



  26. BlackBerry -- Like Microsoft Nokia -- Could be the Next Patent Proxy Troll

    BlackBerry is restructuring for patent assertion (i.e. trolling) in the wake of some alliances with Microsoft



  27. After Microsoft's Soft Bribe Some Non-Technical Deputy Does Not Like Free Software, Microsoft-Linked Media Responds to This Non-News by Making Bogus Claims of Munich Leaving GNU/Linux (Updated)

    The subversive forces that have secretly been attacking Munich over its migration to GNU/Linux (Microsoft press, Gartner, and even HP) are back to doing it while China and Russia follow Munich's lead



  28. Gates Foundation CFO Quits and Debate About Revolving Doors Recalled Amid Systematic and Shrewd Bribery of Public Officials

    More officials step out of the Gates Foundation and their destination is not known yet; Gates continues to corrupt the public sector with his money so as to increase personal gain at taxpayers' expense



  29. Links 19/8/2014: GNU/Linux Raves and Alternative to Proprietary Voice Chat

    Links for the day



  30. Links 18/8/2014: Linux 3.17 RC1, Escalation in Ferguson

    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