Icahn to Yahoo board: Sell to Microsoft or leave (Update)

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This April 30 2008 file photo shows an exterior view of Yahoo headquarters in Sunnyvale Calif. Billionaire investor Carl Icahn on Thursday May 15 2008 officially launched a proxy contest to unseat Yahoo Inc.s board writing in a letter to Chairman R ...
This April 30, 2008 file photo shows an exterior view of Yahoo headquarters in Sunnyvale, Calif. Billionaire investor Carl Icahn on Thursday, May 15, 2008 officially launched a proxy contest to unseat Yahoo Inc.'s board, writing in a letter to Chairman Roy Bostock "the board of directors of Yahoo has acted irrationally and lost the faith of shareholders" and Microsoft Corp. (AP Photo/Paul Sakuma)

(AP) -- Yahoo Inc. Chief Executive Jerry Yang spent months fending off Microsoft Corp.'s unsolicited takeover bid. Now he may only have a few weeks to persuade the software maker to revive its last offer of $47.5 billion, or risk being fired in a shareholder mutiny led by activist investor Carl Icahn.


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AOL shutting 3 services to cut costs, focus on ads

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Europe’s next-generation broadband

7 hours ago | User rating: not rated yet
An enormous research effort by Europe’s leading broadband players has helped accelerate dramatically the rollout of next-generation broadband services reaching speeds in the 10s of Mbit/s in many European countries. That ...

Samsung says Q2 profit up 108 percent

Jul 25, 2008 | User rating: not rated yet
South Korea's Samsung Electronics Co. said Friday that second-quarter profit jumped 108 percent year-on-year, what it called a "relatively solid" performance despite missing market forecasts.
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