Bonum Certa Men Certa

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

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



Comments

Recent Techrights' Posts

Linux.com Made Its First 'Article' in Over and Month, It Was 10 Words in Total, and It's Not About Linux
play some 'webapp' and maybe get some digital 'certificate' for a meme like 'clown computing'
The FSF Ought to Protest Against UEFI 'Secure Boot' (Like It Used To)
libreplanet-discuss stuff
GNU/Linux Reaches 6.5% in Canada (Including ChromeOS), Based on statCounter
Not many news sites are left to cover this, let alone advocate for GNU/Linux
The Only Thing the So-called 'Hey Hi Revolution' Gave Microsoft is More Debt
Microsoft bailouts
FUD Alert: 2024 is Not 2011 and Ebury is Not "Linux"
We've seen Microsofers (actual Microsoft employees) putting in a lot of effort to shift the heat to Linux
 
Ex-Red Hat CEO Paul Cormier Did Not Retire, He Just Left IBM/Red Hat a Month Ago (Ahead of Layoff Speculations)
Rather than retire he took a similar position at another company
[Meme] Never Appease the Occupiers
Freedom requires truth. Free speech emancipates.
Thorny Issues, Violent Response
They say protests (or strikes) that do not disrupt anything are simply not effective. The same can be said about reporting.
GNU/Linux in Malaysia: From 0.2 Percent to 6+ Percent
That's like 30-fold increase in relative share
Liberty in Liberia? Windows Falls Below 10% and Below iOS
This is clearly a problem for Microsoft
Techrights Congratulates Raspberry Pi (With Caution and Reservations)
Raspberry Pi will "make or break" based on the decisions made in its boardroom
OSI Makes a Killing for Bill Gates and Microsoft (Plagiarism and GPL Violations Whitewashed and Openwashed)
meme and more
People Who Defend Richard Stallman's Right to Deliver Talks About His Work Are Subjected to Online Abuse and Censorship
Stallman video removed
GNU/Linux Grows in Denmark, But Much of That is ChromeOS, Which Means No Freedom
Google never designs operating systems with freedom in mind
Links 16/05/2024: Vehicles Lasting Fewer Years, Habitat Fragmentation Concerns
Links for the day
Links 16/05/2024: Orangutans as Political Props, VMware Calls Proprietary 'Free'
Links for the day
TechTarget (and Computer Weekly et al): We Target 'Audiences' to Sell Your Products (Using Fake Articles and Surveillance)
It is a deeply rogue industry that's killing legitimate journalism by drowning out the signal (real journalism) with sponsored fodder
Links 15/05/2024: XBox Trouble, Slovakia PM Shot 5 Times
Links for the day
Windows in Times of Conflict
In pictures
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Wednesday, May 15, 2024
IRC logs for Wednesday, May 15, 2024
Gemini Links 15/05/2024: 50 Years of Text Games
Links for the day
Ebury is Not "Linux", That's Just the Media Shifting Attention (Microsoft in the Hot Seat for Total Breach Right Now)
Seems like it may be a Trojan
Links 15/05/2024: Growing Tensions Between East and West, Anticlimax in Chatbot Space
Links for the day
[Video] 'Late Stage Capitalism': Microsoft as an Elaborate Ponzi Scheme (Faking 'Demand' While Portraying the Fraud as an Act of Generosity and Demanding Bailouts)
Being able to express or explain the facts isn't easy because of the buzzwords
Richard Stallman Talk 'Delayed'
"Repousé à une date ultérieur. Du au congé, il n'était pas possible de l'organiser bien dans le temps disponible."
Links 15/05/2024: Toll on Climate Change, Physical Assaults on Politicians
Links for the day
[Meme] Free Society Requires Free Press
The Assange decision is now less than a week away (after several delays and demand for shallow 'assurances')
CyberShow Goes "Live"
The CyberShow has a similar worldview (on technology and ethics) to ours
Latest Status of Site Archives (Static Pages)
article listings are reaching a near-final form
IRC Proceedings: Tuesday, May 14, 2024
IRC logs for Tuesday, May 14, 2024
Over at Tux Machines...
GNU/Linux news for the past day
Today's Talk by Richard Stallman Going Ahead as Planned
That talk will be in French