Week in review: Microsoft seconds Icahn bid
Steve Ballmer and Carl Icahn team up to oust Yahoo's board, while the release of the new iPhone draws crowds worldwide. Also: A major flaw in Internet gears.
Microsoft released a letter that
In a letter to Yahoo shareholders, Icahn said: "Steve (Ballmer) made it clear to me that if a new board were elected, he would be interested in discussing a major transaction with Yahoo, such as either a transaction to purchase the "search" function, with large financial guarantees or, in the alternative, purchasing the whole company."
Microsoft could
A tender offer could include all the details of a buyout offer and be set to expire sometime after Yahoo's annual shareholders meeting. That would give investors a guarantee that a deal was waiting to be done at the end of the day.
Both Microsoft and Icahn noted in their statements that there is no guarantee a transaction of any kind will definitely occur, should Icahn's slate be elected.
Despite this significant turn of events, Icahn has yet to pull the trigger and
Although there could be a variety of reasons why Icahn has not yet filed his definitive proxy, ranging from addressing any last-minute changes requested by the Securities and Exchange Commission to unexpected delays over Fourth of July weekend, it could provide the investor activist with an additional bargaining chip in achieving a friendly Yahoo-Microsoft deal before he finalizes his proxy plans.
Meanwhile, Yahoo counterpunched, issuing a statement
iPhones holds the line
Apple
However, the download appears to have some quirks: for some, the version number remained at 7.6.2, and no direct link to the App Store was available, but it could still be reached by linking here.
With more than 550 third-party applications available at launch, Apple's new mini marketplace means that for the first time since the social-application craze started more than a year ago, the hottest new trend has nothing to do with Web-based networks. The implication for Facebook, as well as open-source social network platform OpenSocial, is that if
There might be an apples-and-oranges vibe when it comes to comparing social-platform developers with iPhone developers, but the money factor could easily make some of them willing to bridge the gap. For small-time developers, it's become increasingly tough to make a buck or two from applications on Facebook's platform, where the easiest route to cash is ad impressions.
One of the new features available at the iPhone App Store is the ability for iPhone and iPod Touch owners to
While the launch of the new iPhone App Store went fairly smoothly, the migration of Apple's .Mac service to the new MobileMe service apparently
But Thursday at 11 a.m. PDT, neither service was accessible, at least to several people in San Francisco. Reader Deidre Wyeth also complained that .Mac account photos were inaccessible Thursday, and instead the site redirected to the Apple.com/MobileMe page.
If you aren't like the throngs of shoppers with iPhone fever, there are plenty of alternatives that offer similar style and features. And they may even be easier on your wallet in the long run.
CNET News' Marguerite Reardon has
Fixing a hole
A major flaw in how the Internet works has
Kaminsky decided to gather the affected parties and discuss it with them first. Without disclosing any technical details, he said, "the severity is shown by the number of people who've gotten onboard with this patch." On March 31, Kaminsky said 16 researchers gathered at Microsoft to see whether they understood what was going on, as well as what would be a fix to affect the greatest number of people worldwide, and when they would issue this fix.
Google is battling a similar specter by using an e-mail authentication technology to
Meanwhile, Microsoft issued a security advisory warning about
Basically, an attacker would have to lure a victim, via a link in an e-mail or IM for instance, to a specially crafted Web page that could exploit the security hole to allow remote code execution. This would provide the attacker with as much access to and rights on the computer as the logged-in user has.
The ActiveX control, which allows a user to view an Access report snapshot without having the standard or run-time versions of Microsoft Office Access, ships with the standalone Snapshot Viewer and with all supported versions of Microsoft Office Access except for Microsoft Office Access 2007.
Also of note
Perhaps as a result of its potentially impending scarcity,