10.26.09

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

This post is also available in Gemini over at:

gemini://gemini.techrights.org/2009/10/26/icahn-calls-it-a-day/

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

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/

What Else is New


  1. IRC Proceedings: Sunday, June 20, 2021

    IRC logs for Sunday, June 20, 2021



  2. Links 21/6/2021: Linux 5.13 RC7, IRC.com by Freenode

    Links for the day



  3. Virtual Injustice -- Part 13: Let the Games Continue…

    "It would be nice to think that the events of 28 May have given the Enlarged Board pause for thought."



  4. Links 20/6/2021: Akademy 2021 Underway and Linux Foundation Blasted

    Links for the day



  5. EPO: Fake Patents, Fake (Paid-for) Patent Coverage, and Fake Awards for Public Relations Purposes

    The media has been thoroughly corrupted, patent legitimacy has been severely damaged (far too many European Patents aren't in compliance with the EPC anymore), and Team UPC is trying to undermine the EPC and turn Europe into another Texas



  6. Changes in IRC and New Features Over Gemini Protocol or the World Wide Web

    We examine more closely some of the latest changes in the site and the capsule (Web and Gemini, respectively); we show that it’s possible to keep abreast of IRC using nothing but a text editor, a Gemini client… or even the command line alone



  7. IRC Proceedings: Saturday, June 19, 2021

    IRC logs for Saturday, June 19, 2021



  8. We Need and Deserve a Saner Patent System in Europe

    The laughing stock that the patent system, the patent law firms, and patent media became (over the past few years) must be replaced; at the moment we have a cabal connected to a bunch of criminals running the entire show and the public understandably grows impatient (at least people who are sufficiently informed; the criminals have already intimidated and bribed a lot of the media and they're still bribing more of it, as we shall demonstrate later today)



  9. [Meme] IRC Wars in a Nutshell

    In terms of large IRC networks, we’re in trouble (unless we self-host) because they seem to be dividing themselves along political lines rather than anything technical or something of an on-topic/relevant substance. Using networks for Free software projects/organisations to push one’s political agenda is not acceptable because it’s starting to seem like in IRC space, FN has become the Front Nationale (French) and LC is Liberal Coalition. Both FreeNode and Libera Chat have managed to turn from technical platforms into political parties, in effect using technical networks (intended for technical projects) to push someone's political agenda and thus misusing them for personal gain. There’s no free lunch. As it turns out, FreeNode’s new owner (Andrew Lee) has just outed himself as a huge Donald Trump supporter who speaks of “these fuckers who stole that shit” (he meant the election, which he insists Trump actually won in 2020).



  10. IBM Handles More Removals of Signatures From Its Hate Letter Against Richard Stallman

    Less than a day ago IBM processed a request for removal (from its hate letter); as someone put it in a letter to us, also less than a day ago: “When all of this started in 2019, the Red Hat GNU developers showed off their colours. The best way to attack an organisation is from the inside. Using GNU developers was a dead giveaway. Google and Microsoft are very much on the team with IBM. I believe they’ve made headway into the Free/Libre software community and have persuaded senior Debianties to go along with them.” That same message, from an anonymous GNU maintainer, said: “The strategy to target major distributions is clear and present danger. I’m not sure what arguments of persuasion are being used, but I’m pretty sure their main tool is currency. RMS needs a lot of strategic support from experts who will rally to the Free Software cause. He needs great lawyers, some corporate minds, and intelligence specialists.” Sometimes it seems or feels like by simply buying Red Hat (the staff) IBM infiltrated the GNU Project and now it is vainly making claims like 'GNU is IBM' and thus IBM et al can command/tell the FSF who should run FSF, not only GNU. Such entryism isn’t hard to see; “An open letter in support of Richard Matthew Stallman being reinstated by the Free Software Foundation” has meanwhile garnered 6,758 signatures. The opposite letter is only decreasing in support (signatures lost).



  11. Links 20/6/2021: Debian GNU/Linux 10.10 “Buster” Released and LF Revisionism Resumes

    Links for the day



  12. The EPO's Enlarged Board of Appeal Has Already Lost the Case in the Court of Public Opinion

    Personal views on the sordid state of the Enlarged Board of Appeal (EBoA), which by extension bodes poorly for the perception of independence in every Board of Appeal (BoA); the patent tribunals have been captured by patent maximalists who either stack the panels or intimidate judges into ruling in a particular way



  13. Virtual Injustice -- Part 12: Carl Josefsson – Down But Not Out!

    António Campinos still controls Josefsson, who controls all the judges, so in effect all the legal cases (including some about European software patents) are manipulated by the Office the judges are supposed to judge



  14. Links 19/6/2021: Wine 6.11 and Proton 6.3-5 RC

    Links for the day



  15. IRC Proceedings: Friday, June 18, 2021

    IRC logs for Friday, June 18, 2021



  16. Virtual Injustice -- Part 11: Perceptive Comments and Caustic Criticism

    The EPO‘s management managed to silence a lot of the critical media (handouts and threats from Benoît Battistelli and António Campinos), but silencing comments is a lot harder; though we don’t know which ones were moderated out of existence…



  17. Links 18/6/2021: Mir 2.4, ActivityWatch 0.11, Microsoft Breaks Its Own Repos

    Links for the day



  18. [Meme] When the 'Court' Drops

    As the EPO sneakily outsourced courts to American companies and parties in dispute depend on their ISP for “access to justice” there’s a catastrophic impact on the very concept of justice or the right to be heard (sometimes you don’t hear anything and/or cannot be heard)



  19. The EPO's Virtual Injustice and Virtual ('News') Media

    A discussion of this morning's post (part 10 in a series) about the shallow media/blog coverage that followed or accompanied last month's notorious EPO hearing



  20. Links 18/6/2021: LibreOffice 7.2 Beta, Elementary OS 6.0 Beta 2, and Linux Mint 20.2 “Uma” Beta

    Links for the day



  21. The Self-Hosting Song

    Cautionary tales about outsourcing one's systems to companies that could not care less about anyone but themselves



  22. IRC Proceedings: Thursday, June 17, 2021

    IRC logs for Thursday, June 17, 2021



  23. [Meme] Swedish Justice

    The EPO‘s patent tribunals have been mostly symbolic under the Benoît Battistelli and António Campinos regimes; giving them back their autonomy (and removing those who help Battistelli and Campinos attack their autonomy) is the only way to go now



  24. Virtual Injustice -- Part 10: Vapid and Superficial Coverage in the 'IP' Blogosphere

    The media has come under attack by Benoît Battistelli; during the term of António Campinos most of the media critical of the EPO has mostly vanished already; so one needs to look carefully at comments and social control media



  25. Links 18/6/2021: RasPad 3 and Pushing Rust Into the Linux Kernel

    Links for the day



  26. Heli Pihlajamaa Promoting Software Patents to Patent Maximalists

    "Ms Pyjamas" from the EPO is promoting illegal software patents to a bunch of patent zealots (CIPA)



  27. The Lying by Team UPC, Led Again by Kevin Mooney

    Team UPC, or specifically Mr. Mooney, lies to the public about the prospects of the UPC; similarly, EPO and EU officials keep bringing up false claims about the UPC, so while the UPC itself has likely died for good the lies have not



  28. Links 17/6/2021: Cutelyst 3 and Lenovo Move Towards ThinkPad BIOS Configuration From Within Linux

    Links for the day



  29. Too Much Noise and/or Distraction and General Loss of Focus (on the Real and Urgent Issues, Such as the Ongoing Anti-FSF 'Coup')

    The media is full of Microsoft fluff and technical blog posts still focus on the Freenode fiasco, among other things that don't matter all that much; but we certainly need to talk about steps undertaken to undermine the FSF's power because long-term ramifications may be huge



  30. [Meme] The Enlarged Bored People With Presidential Decrees

    The laughable state of the EPO‘s EBA (or EBoA) is rarely commented on anymore, not even in so-called ‘IP’ blogs; maybe they’re just so eager to see patents on everything, even European software patents, so tyrants who destroy the courts (with UPC lobbying and removal of EBA independence) don’t bother them so much anymore


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