10.26.09

Gemini version available ♊︎

Microsoft/Icahn’s Coup Against Yahoo! and Yang is Done

Posted in FUD, Google, Microsoft, Search at 12:08 pm by Dr. Roy Schestowitz

All your bases are [sic] belong to Ballmer

Gustavus Adolphus at the Battle at Breitenfeld

Summary: In its fight to dethrone Google, Microsoft — with the help of its secret ally Icahn — leaves Yahoo! shattered and Icahn calls it a day

WIKIPEDIA describes Carl Icahn as a “corporate raider”, amongst other things. Like Microsoft's patent troll Nathan Myhrvold, Icahn gives nothing of value to society; he only takes a lot from it. The Wall Street Journal has just called what Icahn did in Yahoo! a “proxy fight”. Yes, it is made that explicit and it comes from a respectable publication that presents shareholders’ point of view.

In May 2008, for instance, he launched a proxy fight to unseat Yahoo Inc.’s (YHOO) board after that wobbly web portal rejected a takeover by Microsoft…

Those who follow the bank bailout/bonuses fiasco (mentioned earlier today) will probably come across Carl Icahn. He is involved in that area too. This is not an activist, it’s an opportunistic corporate agitator who interferes with healthy markets for personal financial gain and the gains of those whom he collaborates/communicates with. This includes Microsoft’s management, as reported in CNET last year, just after Microsoft threatened a “proxy fight” (source: The Times). The fact that they can get away with it all is indicative of an innately-rotten system. Their marginally-criminal activities (organised/white-collar crime), which is almost akin to military coups (where war crimes or state terrorism are the appropriate, analogous allegations), simply go unpunished.

Icahn came inside to throw out the management [1, 2, 3], invite Microsoft, and help appoint cronies who served his objectives. He did bring some of his established friends to the company’s board. And now that his work is done [1, 2] on he moves, probably proceeding to another vicious corporate coup.

Icahn, an outspoken billionaire, spent several months last year denigrating Yahoo co-founder Jerry Yang and the rest of the company’s board after Yahoo turned down an opportunity to sell to Microsoft Corp. for $47.5 billion, or $33 per share.

The summary here is even more telling.

Famed activist praises company’s Microsoft deal, says he isn’t needed anymore

Of course it was his mission to just do this (skeptics should probably read through his history), perhaps handing over Yahoo! to Microsoft using bullying and money games. He managed to give Yahoo! to Microsoft almost for free, just as Microsoft had hoped. How does that add value to Yahoo! and its customers, which Icahn can only pretend to care about? Ugly, ugly business. He was never interested in the company, he was more interested in letting someone else control it and that someone (Microsoft) was speaking to him throughout, for a verifiable fact. Should the regulatory authorities not prevent hired/self-appointed guns from undertaking such ‘coups’? Well, here is more coverage from Bloomberg.

The Yahoo!-Microsoft deal is not approved, with opposition remaining in the two continents that antagonise it whilst investigating [1, 2, 3, 4].

Yahoo’s proposed search partnership with Microsoft has hit a bump. When asked how the approval was proceeding, Microsoft CEO Steve Ballmer told reporters that the partnership was facing regulatory snags.

It’s obvious what Microsoft’s trouble is: Google. This ever-growing company harms Microsoft’s cash cows, which are already starving, gradually. From Reuters we learn that: “Google goes global with Apps, has 2 million customers”

Google Inc (GOOG.O) said more than 2 million businesses now use its online office software, and the Web search leader is going global on Monday with an advertising campaign to lure customers away from Microsoft Corp (MSFT.O) and IBM (IBM.N) products.

From AFP we learn that: “Google wooing Microsoft business customers”

Google on Monday ramped up a campaign to convert businesses worldwide into users of email, calendar, document and other software programs it offers online as services on the Internet.

Twitter has just signed a deal with both Microsoft and Google, but only one among those two large companies is actually profiting. Here are some new numbers from the Guardian:

Microsoft’s results: online, it’s losing more money than before

Microsoft has, you’ll have seen, just announced its first-quarter results. They’re down on last year – which isn’t surprising for a company which relies on corporations for its principal revenues, at a time when corporations are suffering a continuing recession.

Microsoft as a whole is doing pretty badly, and not just online.

As we recently showed, Microsoft fights Google’s plug-in for Internet Explorer using FUD [1, 2, 3] and now it proceeds to Chrome FUD.

The latest version of Google’s Chrome browser presents a privacy risk through its search-term tracking, a Microsoft security executive has said.

Microsoft general manager Amy Barzdukas, who heads up Internet Explorer and consumer security for the software company, said on Wednesday that Chrome 3.0 sends packets of information to Google every time a character is typed into its search box.

Microsoft does not tell people about Internet Explorer’s privacy violations, such as its tracking of each Web page the user visits (since IE7). Hypocrites.

“The true hypocrite is the one who ceases to perceive his deception, the one who lies with sincerity.”

Andre Gide

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.

A Single Comment

  1. Yuhong Bao said,

    October 28, 2009 at 1:33 am

    Gravatar

    The whole “shareholder value” idea that the corporate raiders were spreading was a horrible idea, but that is another topic altogether.
    And yes I know about the issues about Chrome privacy, and I even posted this link about it that actually look at what Chrome is sending using Spy Studio, which nicely debunks the myths:
    http://blog.nektra.com/main/2008/10/15/the-truth-about-google-chrome-using-spy-studio/

DecorWhat Else is New


  1. Unmasking AI

    A guest article by Andy Farnell



  2. The ISO Delusion/Sirius Corporation: A 'Tech' Company Run by Non-Technical People

    Sirius ‘Open Source’ was hiring people who brought to the company a culture of redundant tasks and unwanted, even hostile technology; today we continue to tell the story of a company run by the CEO whose friends and acquaintances did severe damage



  3. Links 28/01/2023: Lots of Catching Up (Had Hardware Crash)

    Links for the day



  4. IRC Proceedings: Friday, January 27, 2023

    IRC logs for Friday, January 27, 2023



  5. Microsoft DuckDuckGo Falls to Lowest Share in 2 Years After Being Widely Exposed as Microsoft Proxy, Fake 'Privacy'

    DuckDuckGo, according to this latest data from Statcounter, fell from about 0.71% to just 0.58%; all the gains have been lost amid scandals, such as widespread realisation that DuckDuckGo is a Microsoft informant, curated by Microsoft and hosted by Microsoft (Bing is meanwhile laying off many people, but the media isn’t covering that or barely bothers)



  6. This is What the Microsoft-Sponsored Media Has Been Hyping Up for Weeks (Ahead of Microsoft Layoffs)

    Reprinted with permission from Ryan



  7. [Meme] António Campinos Wants to Be F***ing President Until 2028

    António Campinos insists he will be EPO President for 10 years, i.e. even longer than Benoît Battistelli (despite having appalling approval rates from staff)



  8. European Patent Office Staff Losing Hope

    The EPO’s management with its shallow campaign of obfuscation (pretending to protect children or some other nonsense) is not fooling patent examiners, who have grown tired and whose representatives say “the administration shows no intention of involving the staff representation in the drafting of the consultant’s mandate” (like in Sirius ‘Open Source’ where technical staff is ignored completely for misguided proposals to pass in the dark)



  9. IRC Proceedings: Thursday, January 26, 2023

    IRC logs for Thursday, January 26, 2023



  10. Sirius Relegated/Demoted/Destined Itself to Technical Hell by Refusing to Listen to the Technical Staff (Which Wanted to Stay With Asterisk/Free Software)

    In my final year at Sirius ‘Open Source’ communication systems had already become chaotic; there were too many dysfunctional tools, a lack of instructions, a lack of coordination and the proposed ‘solution’ (this past October) was just more complexity and red tape



  11. Geminispace Approaching Another Growth Milestone (2,300 Active Capsules)

    The expansion of Geminispace is worth noting again because another milestone is approached, flirted with, or will be surpassed this coming weekend



  12. [Meme] Cannot Get a Phone to Work... in 2022

    Sirius ‘Open Source’ wasted hours of workers’ time just testing the phone after it had moved to a defective system of Google (proprietary); instead of a rollback (back to Asterisk) the company doubled down on the faulty system and the phones still didn’t work properly, resulting in missing calls and angst (the company just blamed the workers who all along rejected this new system)



  13. [Meme] Modern Phones

    Sirius ‘Open Source’ is mistaking “modern” for better; insecurity and a lack of tech savvy typically leads to that



  14. The ISO Delusion: Sirius Corporation Demonstrates a Lack of Understanding of Security and Privacy

    Sirius ‘Open Source’, emboldened by ISO ‘paperwork’ (certification), lost sight of what it truly takes to run a business securely, mistaking worthless gadgets for “advancement” while compelling staff to sign a new contract in a hurry (prior contract-signing scandals notwithstanding)



  15. Links 26/01/2023: LibreOffice 7.4.5 and Ubuntu Pro Offers

    Links for the day



  16. Links 26/01/2023: GNU poke 3.0 and PipeWire 0.3.65

    Links for the day



  17. IRC Proceedings: Wednesday, January 25, 2023

    IRC logs for Wednesday, January 25, 2023



  18. Companies Would Collapse Upon Abandoning Their Original Goals (That Attracted All the Productive Staff)

    Staff with technical skills won't stick around in companies that reject technical arguments and moreover move to proprietary software in a company that brands itself "Open Source"



  19. [Meme] Listen to Your Workers, Avert Disaster

    Companies that refuse to take input from staff are doomed to fail



  20. The ISO Delusion: When the Employer Doesn’t Understand the Company's Value Proposition (Building Systems) and Rejects Security

    Sirius ‘Open Source’ has failed to sell what it was actually good at; instead it hired unqualified people and outsourced almost everything



  21. Links 25/01/2023: NuTyX 23.01.1 and GNU Guile 3.0.9 Released

    Links for the day



  22. Links 25/01/2023: Stratis 3.5.0 and Many Political Links

    Links for the day



  23. New Record Low: Only One 'Linux' Article in ZDNet in More Than Two Weeks

    Only a few years ago ZDNet published about 3 “Linux” stories per day (mostly FUD pieces); now it’s a ghost town, painted in ‘alien green’; considering ZDNet’s agenda (and sponsors) maybe it’s better this way



  24. Links 25/01/2023: Pale Moon 32.0 and DXVK 2.1

    Links for the day



  25. IRC Proceedings: Tuesday, January 24, 2023

    IRC logs for Tuesday, January 24, 2023



  26. ISO Certification Hardly Tackles Any of the Real Issues

    The real-world threats faced by private companies or non-profit organisations aren't covered by the ISO certification mill; today we publish the last post on this topic before proceeding to some practical examples



  27. [Meme] Medical Data Sovereignty

    What happens when your medical records/data are accessible to a company based abroad after a mysterious NDA with the Gates Foundation? The International Organization for Standardization (ISO) does not mind.



  28. The ISO Delusion: Sirius Open Wash Ltd. and Medical Data/Projects at Risk/Peril

    Sirius ‘Open Source’ was good at gloating about “ISO” as in ISO certification (see our ISO wiki to understand what ISO truly is; ISO certification needs to be more widely condemned and exposed) while signing all sorts of dodgy deals and lying to clients (some, like the Gates Foundation, were never mentioned because of a mysterious NDA); security and privacy were systematically neglected and some qualified as criminal negligence (with fines/penalties likely an applicable liability if caught/reported)



  29. Links 24/01/2023: Wine 8.0 is Ready, FSF Bolsters Copyleft

    Links for the day



  30. Azure Has Layoffs Again, Microsoft Still Cutting

    Even supposed ‘growth’ areas at Microsoft are being culled (this growth is faked, it is a lie)


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