ArticleSnatch Blog

You are browsing the archives of Internet.

Following a Microsoft press release today - detailed in the story below - Yahoo has replied to reinforce Microsoft’s confirmation of not wanting to buy “all of Yahoo” - but that it may be interested in doing something with Yahoo.

“Yahoo! Remains Open To Value Maximizing Transactions” the press release was titled. What type of transactions given Google is already supplying PPC ads and WPP just signed to distribute other media.

The most interesting part of the press release was the note about how shareholders can assign proxy votes - given the threats to the current board investors have presented.

The press release read:

Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, today issued the following statement in response to the announcement by Microsoft Corporation that it is continuing to review potential transactions with Yahoo!:

“Yahoo! has confirmed with Microsoft that it is not interested in pursuing an acquisition of all of Yahoo! at this time. Yahoo! and its Board of Directors continue to consider a number of value maximizing strategic alternatives for Yahoo!, and we remain open to pursuing any transaction which is in the best interest of our stockholders. Yahoo!’s Board of Directors will evaluate each of our alternatives, including any Microsoft proposal, consistent with its fiduciary duties, with a focus on maximizing stockholder value.”

About Yahoo! Inc.

Yahoo! Inc. is a leading global Internet brand and one of the most trafficked Internet destinations worldwide. Yahoo! is focused on powering its communities of users, advertisers, publishers, and developers by creating indispensable experiences built on trust. Yahoo! is headquartered in Sunnyvale, California. For more information, visit pressroom.yahoo.com.

Important Additional Information

Yahoo! will be filing a proxy statement and accompanying WHITE proxy card with the SEC in connection with the solicitation of proxies for its 2008 annual meeting of stockholders. Stockholders are strongly advised to read Yahoo!’s 2008 proxy statement when it becomes available because it will contain important information. Stockholders will be able to obtain copies of Yahoo!’s 2008 proxy statement and other documents filed by Yahoo! with the SEC in connection with its 2008 annual meeting of stockholders at the SEC’s website at www.sec.gov or at the Investor Relations section of Yahoo!’s website at yhoo.client.shareholder.com. Yahoo!, its directors and its executive officers may be deemed participants in the solicitation of proxies from stockholders in connection with Yahoo!’s 2008 annual meeting of stockholders. Information concerning Yahoo!’s directors and officers is available in its Form 10-K/A for the fiscal year ended December 31, 2007, filed with the SEC on April 29, 2008.

Urbane Scrub Tee Shirts: Professional Tee Shirts Never Looked So Good Posted By :: As a professiona.. http://tinyurl.com/2r93ga #
Urbane Scrub Tops And Tunics Posted By :: When you start looking at medical apparel designers such .. http://tinyurl.com/2nocw6 #
Get Physical and Spiritual Relaxation with Medical Tourism in India Posted By : sarah wilson: Medic.. http://tinyurl.com/2herof #
New [...]

Shares of online retailer Amazon.com fell more than other well-known Internet companies Monday, even with a price target increase from Stifel Nicolaus & Co. analyst.
Amazon shares fell $3.84 or 4.3 percent, to $85.30 in afternoon trading. In the past year, the stock has traded between $36.30 and $101.09. The company’s competitors saw a decline as [...]

A pair of highly placed people in the Yahoo sales team have departed the Internet company for more placid waters at equally high-profile companies.In recent weeks, Cammie Dunaway did away with her employment at Yahoo. She hinted that her next gig would give her “the opportunity to be the coolest Mom in the universe.”
That wasn’t [...]

Shares of several major Internet companies were up Monday. With Google and Expedia reaching all time record highs.

Google Shares Reach Record High

Google shares were up as much as $17.08, or 3 percent, to $584.35 during trading and online travel site Expedia saw its shares rise a $1.60 or 5 percent, to $33.48 during trading.
Google is [...]

"The Architect," you might call him, or "The Father of the Internet," or more recently, as Google has titled him, "Chief Internet Evangelist," Vinton Cerf will perform one of his last official functions as Board Chair of the Internet Corporation for Assigned Names and Numbers (ICANN) next month.

Cerf To Surf Out, IDNs To Surf In

Cerf’s [...]

Google’s philanthropic arm, Google.org, has issued a call for investment proposals. Specifically, they are looking for entrepreneurs to propose ways to develop plug-in hybrid vehicles. Google.org is prepared to invest $10M in such proposals. They indicated that they were treating this like an RFP process, rather than a typical investment process, because they [...]

This time a change in the corner office ranks at Yahoo comes from Europe, where their managing director of search will bolt in favor of becoming a consultant.Regional VP Stephen Taylor came to Yahoo when the Internet company picked up Overture, which became Yahoo’s search marketing arm. He’ll follow Greg Coleman out the door in [...]

WebProNews reporter Jason Miller spoke on the phone with Biz-Dir.co.uk owner David Eaves about his contention that Google de-indexed a large portion of his directory. He suggests that Google may have done this manually rather than algorithmically.
Read more on this in our article titled: "Is Google Hitting Directory Links?".
» Click here to listen to [...]

The Internet company continued to cite a need to comply with local laws as they asked a federal court to dismiss a lawsuit against it.Being accused of abetting the prosecution and torture of journalists in China can’t be something that looks good on the annual report. Yahoo has been in a position to be accused [...]