Mar 18 2009
Archive for the 'Tycoons' Category
Mar 18 2009
Davos 07 - Aditya Mittal
Sep 30 2008
10 Richest People in Tech
Ah, the memories. Bill Gates, known for so many years to be (by far) the wealthiest person in the world, now has to settle for second place, because a Mexican tycoon came in first (and not by a small margin; Carlos Slim Helú beats him by over $8 billion).
Is this a sign that IT is [...]
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- Tags: BEA, billionaire, chairman, company, competition, control, director, doesn, dollar, drop, Estate, industry, kind, law, list, lot, market, May, Microsoft, mid, mil, mobile, money, month, New, News, Oracle, phone, position, quarter, Real, share, stock, strategy, Sun, take, Time, Web, year, yesterday
Sep 17 2008
Yahoo Rejects Microsoft, Icahn Bid to Split Company
Yahoo! Inc. rejected a proposal from Microsoft Corp. and billionaire investor Carl Icahn that would have broken up the Internet company, saying they were trying to “coerce” officials into selling assets.Under the plan, Yahoo’s current board and top management would be replaced. Microsoft would buy Yahoo’s search business and leave Icahn with the rest of [...]
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- Tags: alliance, bid, billionaire, Bloomberg, board, Business, California, Carl Icahn, Chairman Roy Bostock, coerce, company, Corp, doesn, Inc, Internet, investor, management, Microsoft, mind, plan, proposal, Rejects, rest, search, Split, statement, Sunnyvale, take, transaction, Yahoo
Sep 17 2008
Billionaire Activist Cleared By Regulators To Harass Yahoo
Federal antitrust regulators have cleared activist billionaire investor Carl Icahn’s purchase of another $1.5 billion of shares of Internet company Yahoo Inc. Icahn launched a proxy fight last month to remove Yahoo’s board of directors after the Sunnyvale, Calif.-based company rejected Microsoft Corp.’s last takeover bid of $47.5 billion bid. He has called Yahoo’s actions [...]
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Sep 17 2008
Yahoo postpones annual meeting
The internet company Yahoo has postponed its annual meeting as its board struggles to escape a shareholder uprising led by the billionaire corporate raider Carl Icahn.
The potentially rowdy gathering in California was due to be held on July 3 but Yahoo has put it off to an unspecified date “expected to be around the end [...]
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- Tags: activist, attempt, billionaire, board, California, Carl Icahn, Clara, company, date, delay, discontent, end, failure, gathering, Guardian, Internet, July, kind, law, meeting, Mercury, Microsoft, News, professor, raider, rebel, rest, Santa, shareholder, Silicon Valley, slate, Stephen Diamond, support, takeover, Time, transaction, University, unseat, uprising, veteran, Wall Street, Yahoo
Sep 17 2008
Icahn Says Obama Would Be `Terrible’ U.S. President
Billionaire investor Carl Icahn said Barack Obama would be a “terrible” U.S. president whose election would bring higher interest rates and a loss of international confidence in the dollar. “I don’t normally get involved in politics, but this time I am,” Icahn told an investors conference in New York last night. “I don’t think Obama [...]
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- Tags: Barack, billionaire, Blooomberg, Carl Icahn, conference, confidence, country, dollar, election, interest, investor, loss, NEW YORK, night, Obama, president, spending, spree, Terrible, Time, U.S.
Sep 17 2008
Motorola settles proxy battle with billionaire
Motorola Inc. settled its proxy battle with Carl Icahn on Monday, agreeing to back two of the billionaire investor’s nominees for its board of directors in exchange for him dropping litigation against the cell phone maker.
The agreement avoids a showdown at the company’s upcoming annual meeting for what would have been the second straight year.
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Sep 17 2008
Motorola to Split Into Two After Phone Sales Slide
Motorola Inc. plans to split into two companies next year amid pressure from billionaire investor Carl Icahn to break off the money-losing mobile-phone business that it pioneered 25 years ago.One company will focus on handsets and the other will sell network equipment, cable TV set-top boxes and two-way radios — businesses that are profitable and [...]
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Sep 17 2008
Icahn Demands Access to Motorola’s Strategy Documents
Carl Icahn, the billionaire investor fighting for board seats at Motorola Inc. demanded access to documents that detail the strategy for turning around the money- losing mobile-phone business.Icahn filed a lawsuit today in Delaware Chancery Court in Wilmington to get the information from Motorola, the biggest U.S. mobile-phone maker. The company denied an earlier request [...]
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- Tags: access, billionaire, Bloomberg, board, Business, Carl Icahn, Chancery, Chief Executive Officer Greg Brown, company, Court, Delaware, Demands, detail, handset, Inc, information, investor, lawsuit, maker, money, Motorola, percent, pressure, quarter, request, rest, spinoff, strategy, today, U.S., unit, Wilmington
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