Change my location 
Carl Icahn
|
AP Executive Morning Briefing
The top business news from The Associated Press for the morning of Tuesday, July 8, 2008:
Microsoft backs Icahn's bid to oust Yahoo board
Microsoft Corp. threw its weight behind investor Carl Icahn's effort to dump Yahoo Inc.'s board, saying Monday that a successful shareholder rebellion would encourage the software maker to renew its bid to buy Yahoo's Internet search engine or possibly the entire company.
Uncertainty aplenty as Web, media leaders convene
When media and technology tycoons convene Tuesday in idyllic southern Idaho for five days of dealmaking and outdoor recreation, the mountain air will carry more than a whiff of uncertainty as most arrive with their businesses in various states of disarray.
Report: Microsoft seeks help for another Yahoo bid
Unable to strike a deal on its own, Microsoft Corp. reportedly is hoping to snap up Yahoo's online search operations with the help of News Corp. and Time Warner Inc.
Yahoo takes its defense against Icahn to investors
Yahoo Inc. began pressing a case to major shareholders Monday that its board and management deserve a chance to prove they made the right move when they rejected a $47.5 billion takeover offer from Microsoft Corp.
Yahoo shakes up management amid shareholder unrest
Yahoo Inc. is setting up a new chain of command amid the turmoil triggered by the embattled Internet icon's snub of Microsoft Corp.'s $47.5 billion takeover bid.
Yahoo confirms Google commitment, pans Microsoft
Yahoo Inc.'s leaders defended online search leader Google Inc. as a more desirable partner than Microsoft Corp. in a Wednesday letter that affirmed the Internet pioneer's commitment to a strategy that has alienated shareholders.
3 more Yahoo execs reportedly jumping ship
Yahoo Inc.'s management ranks are rapidly thinning as the Internet pioneer fends off a shareholder mutiny threatening to culminate in the firing of Chief Executive Jerry Yang.
Icahn loses campaign to change Biogen Idec board
Carl Icahn lost his campaign to elect a slate of dissident nominees to Biogen Idec Inc.'s board on Thursday, an effort the activist investor hoped would eventually trigger a sale of the 30-year biotechnology firm to a major pharmaceutical company.
Judge refuses request for early Yahoo trial date
A Delaware judge has denied a request to hold a trial that could have complicated Yahoo Inc.'s efforts to thwart a shareholder rebellion led by activist investor Carl Icahn.
|
 |