Sep
30
2008
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 [...]
- 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
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.
read [...]
- Tags: agreement, battle, billionaire, board, Carl Icahn, cell, company, Exchange, Inc, investor, litigation, maker, meeting, Monday, Motorola, phone, proxy, rest, showdown, Sun, Times, year
Sep
17
2008
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 [...]
- Tags: billionaire, Bloomberg, board, Business, cable, Carl Icahn, company, equipment, executive, Inc, investor, Motorola, network, officer, phone, pressure, rest, Sales, Slide, Split, statement, today, year
Sep
17
2008
Ed Zander, the embattled chief executive of Motorola, has stepped down from his post as the mobile phone company struggles to contend with a slump in market share.
Mr Zander, who rode a revival of Motorola with through the launch of Razr mobile phone before the company once again faltered, has been under pressure to resign [...]
- Tags: activist, billionaire, Carl Icahn, company, Ed Zander, executive, investor, launch, market, Motorola, Mr Zander, phone, post, pressure, Razr, rest, revival, share, slump, Wall Street, year, Zander
Sep
17
2008
Carl Icahn’s American Real Estate Partners LP bought the billionaire investor’s stakes in his own investment-management firm for as much as $1.9 billion to consolidate holdings ranging from home retailers to hedge funds.The purchase price is $810 million of American Real Estate depositary units plus an additional payout of as much as $1.1 billion based [...]
- Tags: activist, amount, billionaire, Bloomberg, Buys, capital, Carl Icahn, company, Estate, firm, hedge, home, investor, June, management, NEW YORK, payout, percent, price, property, purchase, Real, rest, sevenfold, Stake, statement, today, transaction, Update, year
Sep
17
2008
NEW YORK (AP) — Billionaire corporate raider Carl Icahn, the man famed for hostile takeover battles for names such as TWA and RJR Nabisco, said Wednesday that the escalating amount of private-equity deals rushing the market this year has peaked.For years private equity has had a walk in the park,” Icahn said at a conference [...]
- Tags: amount, billionaire, Carl Icahn, conference, equity, Journal, make, man, market, money, Nabisco, NEW YORK, park, Peaking, Private, raider, rest, RJR, Rush, takeover, TWA, walk, Wall Street, Wednesday, year
Jul
15
2008
About
Baker Island is an uninhabited atoll set just north of the equator in using the central Pacific Ocean at 0°13′N 176°31′W, around 3,100 km (1,675 nautical miles) southwest of Honolulu. For instance grouped together as section of the United States Minor Outlying Islands, it is almost one-half of the way from Hawaii to Australia.
Baker Island [...]
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Jul
13
2008
Microsoft said Friday that it would offer $44.6 billion for Yahoo, the ailing search giant. The surprise offer of $31 a share represents a 62 percent premium to Thursday’s clsoing share price. Yahoo shareholders could elect to receive either cash or stock.
The proposed acquisition, the largest ever by Microsoft, would give some relief to Yahoo’s [...]
- Tags: acquisition, bid, blogs, chief executive, company, competitor, dealbook, event, Friday, giant, google, letter, long suffering, Makes, Microsoft, nytimes, offer, percent, premium, proposal, realization, relief, rest, s board, search, search engine, share, share price, Slide, steven a ballmer, stock, stock slide, surprise, Thursday, value, Yahoo, yahoo shareholders, year
Jul
13
2008
Microsoft billionaire Bill Gates announced a new direction Friday as he pledged $306 million in grants to develop farming in poor countries, leading the charge for corporate responsibility at a major meeting of business chiefs. The announcement by Gates, who is to step down from the computer giant later this year, drew attention from the [...]
- Tags: announcement, attention, bill gates, Bono, Business, business chiefs, charge, cnn, computer, computer giant, corporate responsibility, davos, davos switzerland, Economic, farming, financial woes, Forum, Friday, frontman, grants, meeting, Microsoft, microsoft billionaire, new direction, poor countries, project, rest, standing, standing ovation, suggestion, Switzerland, u2, world, world economic forum, world europe, year
Jul
13
2008
For the 10th time, Bill Gates will inaugurate the International Consumer Electronics Show in Las Vegas by touting new Microsoft Corp. products and describing his view of the future of computing. Before you rush to the edge of your seat Sunday, consider this: Gates is a mediocre prognosticator.
In fairness, as the old joke goes, predictions [...]
- Tags: bet, bill gates, ces, company, consumer, Corp, Don, drawing power, edge, Electronics, entity, Examiner, execution problems, extravaganza, fairness, guy, horizon, inaugurate, industry, International, international consumer electronics, international consumer electronics show in las vegas, keynote, Las Vegas, Microsoft, old joke, organizers, personal computing, premier, prognosticator, research, research and development, rest, Scouting, seat, Show, Sunday, technology, thing, Time, top billing, view, year
