Billionaire investor Carl Icahn
However, a deal between Yahoo and Microsoft may already be in the works--or not, depending on whom you believe. One major investor who has been in contact with both parties told CNET News.com that Microsoft has
The source noted that several of Yahoo's nine board members, including its chairman, Roy Bostock, have since indicated a willingness to hold further discussions with Microsoft on a possible deal to sell the search operations. The source also questioned whether unrest about the stock price would force a change at the top as well. "A lot of Yahoo directors are fed up with the process of what's been happening," the source said.
However, several other sources told News.com that the latest talks involve a deal short of an acquisition. One source basically said that Microsoft is
Meanwhile, Yahoo, under intense pressure, announced a
Yahoo plans to hire an executive to run an "insights strategy team," with responsibilities for centralizing and running a Yahoo-wide strategy regarding use of data and analysis. The company also is forming some new groups within its technology organization. One will be an audience technology group, while
Bon voyage, Bill Gates
After this week, weightier issues than a Yahoo takeover will occupy Microsoft co-founder Bill Gates' time. On Friday, he stepped away from his full-time job at the tech titan he founded three decades ago, a transition two years in the making. After the end of this month, Gates plans to spend only 20 percent of his time as Microsoft chairman. The rest of his time will be devoted to the Gates Foundation and other pet projects.
As he went about clearing his desk, Gates took some time out of his schedule recently to sit down with News.com's Ina Fried andas well as thoughts on where Microsoft is now and what technologies he will need in his new role, working full time for the Bill and Melinda Gates Foundation.
After 32 years of competition and acquisition, Gates managed to ruffle some feathers, while still making some famous friends. But as he steps down, tech company CEOs, founders, and presidents areat Microsoft. Many have high hopes that he will continue to change the world through his foundation, while some are just breathing a sigh of relief that his bullying days are over. Read the thoughts shared by the likes of Apple CEO Steve Jobs, Microsoft CEO Steve Ballmer, former Broadcast.com CEO Mark Cuban, and Dell CEO Michael Dell, just to name a few.
News.com has taken aat Gates' career and served up some highlights from his recent speeches.
A hearing in a dispute between Facebook and ConnectU
The legal battle between the two social-networking sites has gone on since 2004, when ConnectU founders sued Facebook founder Mark Zuckerberg and several other early employees for allegedly stealing ConnectU's code and business plan while they were all students at Harvard. Facebook countersued in 2005, claiming that ConnectU had hacked into its user database to mine e-mail addresses.
The lawsuits were settled earlier this year. ConnectU now says Facebook, the most popular social network in the world, entered into the settlement fraudulently. Therefore, it says, the case must be reopened.
As News.com's Declan McCullagh notes,
Now Ware has
Also of note
The Internet Corporation for Assigned Names and Numbers