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. The Rule of Law and Justice Don't Exist Inside the EPO, Confirms the International Labour Organisation (ILO)

    Further analysis of the latest rulings from the ILO -- decisions that were long expected



  2. A Day in the Life of... Battistelli's Banana Republic

    This is part 5 of a fictional diary from the EPO



  3. Links 1/12/2016: Devuan Beta, R3 Liberates Code

    Links for the day



  4. Two ILO Decisions on EPO Cases Are Released, at Least One Judgment is Considered Good for Staff

    Years later (as justice is too slow, partly because of the EPO, being the principal culprit that clogs up the ILO's tribunal system) there is a couple of new judgments about EPO abuses against staff



  5. Dutch and French Politicians Complain About the European Patent Office, British Media Coverage Regular Now

    Pressure from the political systems, the scientific community and from the media is growing, as it becomes abundantly apparent that the EPO cannot go on like this



  6. Links 30/11/2016: Git 2.11, GOG Surprise Tomorrow

    Links for the day



  7. The UPC Scam Part IV: Bumps Along the Road for UPC, With or Without the UK and Brexit

    A sobering reality check regarding the UPC, no matter what Lucy Neville-Rolfe says under pressure from Battistelli and some selfish law firms that are based in London



  8. The UPC Scam Part III: The “Patent Mafia”

    Bigwigs like Lucy Neville-Rolfe and Benoît Battistelli, together with Team UPC and its tiny minority interests (self enrichment), are conspiring to hijack the laws of Europe, doing so across many national borders with unique and locally-steered patent policy in one fell swoop



  9. The UPC Scam Part II: The Patent Echo Chamber at Work, Prematurely Congratulating Itself in Its 'News' Sites





  10. The UPC Scam Part I: EPO-Bribed Media Outlets Lie to Brits (and to Europeans) About the UPC

    An introductory article in a multi-part series about UPC at times of Brexit and Lucy Neville-Rolfe's bizarre sellout to Battistelli



  11. European Public Service Union Asks EPO Administrative Council “to Re-establish the Rule of Law at the European Patent Office”

    The chinchillas of the Administrative Council are assertively asked to tackle the abusive management of the EPO, which gets condemned not only by CERN but also EPSU, which is working with the Dutch government to end lawlessness at the EPO



  12. Links 29/11/2016: Core Apps Hackfest, MuckRock Goes FOSS

    Links for the day



  13. ILOAT Decisions: Upcoming Publication of Two EPO Cases (Abuse Against Staff)

    Reminder about tomorrow's "exceptional public delivery" from the International Labour Organisation (ILO) and a request for additional information



  14. Mixing Politics and EPO: How Battistelli Defies the Very Basic Rules of the Office

    A reminder of the fact that Battistelli was entrenched in French politics even while he was serving at the EPO



  15. EPO DG1 Principal Director “Out of the Muppet Show”

    The ridicule of EPO management is a symptom of a poisonous work environment which now resembles an assembly line of bad patents, where employees are treated unfairly, severely, and in clear defiance of labour laws



  16. Learning From the Mistakes of the US Patent System (and More Latterly China) When Assessing Patent Maximalism

    The warning signs coming both from the East and from the West, demonstrating the pitfalls of a policy too permissive on patents and thus on litigation



  17. The International Labour Organisation Once Again Proves Useless for Labour of the EPO

    The International Labour Organisation (ILO) is once again failing too serve justice, instead just sending complaints elsewhere, in effect into a black hole



  18. CERN Slams the European Patent Office for Abuse of Employees

    The European Organisation for Nuclear Research known as CERN is openly condemning EPO management and the Administrative Council for violation of human/labour rights, not to mention the other abuses that are rampant under Battistelli's notorious regime



  19. Links 28/11/2016: X-Plane 11 Beta, Early Work For C++20, Microsoft Hole in RHEL

    Links for the day



  20. Patents Roundup: Patent Trolls, Patent Quality, and the Patent Trial and Appeal Board (“PTAB”)

    A week's roundup of patent news from the United States, where there's a mixture of good news, bad news, good reporting, and misleading (or selective) reporting



  21. Patent Attorney Mark Summerfield: EPO Administrative Council “Members Should be Ashamed.”

    A recent comment about Battistelli's misbehaviour and the Administrative Council's utter failure to get a grip on him



  22. EPO Caricature: Slowing Down Justice and Giving Luxury Cars as Gifts

    The latest cartoon making the rounds is about SLAPP and alleged bribery in Croatia (more on that soon)



  23. Director Lee's USPTO Managed to Drain the Swamp Filled by David Kappos and His Colleagues, But Trump Will Likely Dismiss Her Soon

    Just as the USPTO begins to get its act together and limit patent scope based on reasonably liberal SCOTUS Justices there are many reports suggesting that the Director of the USPTO will be driven out, courtesy of the Trump presidency that will also perturb SCTOUS



  24. Danger of Letting a Bunch of Patent Law Firms Attempt to Hijack the European Patent System With UPC

    Team UPC, a collective of self-serving patent lawyers who produce nothing of substance, hopes that some time tomorrow the UPC will miraculously be revived in Britain even though it's extremely unlikely



  25. Links 27/11/2016: Linux 4.8.11, Linux 4.4.35, and Distrowatch Rankings

    Links for the day



  26. Caught in a Lie Again: EPO Management Just Cannot Stop Lying, Even About People Whom It Gags Using Threats (to Cover Up Battistelli's Abuses)

    Benoît Battistelli's decision to dismiss staff representatives (in complete violation of what the Administrative Council demanded) is accompanied by yet more face-saving lies (clearly a sackable offense in a public institution which is functional and not a global laughing stock)



  27. Benoît Battistelli's Affinity for Tiny Countries Exploits the Ease of 'Buying' Their Votes

    The tyrannical boss of the EPO keeps his job by ensuring that small nations with a vote of equal weight to that of nations like France or Germany simply behave like "yes men" or at worst abstain from voting



  28. The Sad State of German Anti-Corruption Authorities and Investigative Journalism, as Demonstrated by the EPO

    A personal view on why the EPO manages to get away with so many abuses while the media and watchdogs like Transparency International (TI) play along by doing nothing at all about it



  29. China Creates a Patent Bubble That Contributes to Patent Inflation

    China's obsession with patent quantity rather than quality (a disease that has infected the current boss of the EPO) is a cause for concern, except perhaps to patent lawyers who in the short term enjoy the temporary inflation (before hyper-inflation and implosion)



  30. Links 26/11/2016: VLC 360, Wine 1.9.23

    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