Feeds

Icahn! goes! double! or! quits! on! Yahoo!

Lost a billion? Spend another $69m

Beginner's guide to SSL certificates

Troublemaking investor Carl Icahn has doubled his stake in Yahoo! despite sitting on a billion dollar loss from his first stake in the firm.

Icahn built up a huge stake in Yahoo! in May when shares were floating around $25. He tried, and failed, to get the board to accept a $33 a share offer from Microsoft.

According to an SEC filing Icahn has bought another 6.9 million shares - for less than $10 each.

Founder Jerry Yang is taking a back seat at the firm and it is looking for a new CEO. Icahn wanted Yang out in order to push through the takeover by Microsoft.

Talks with Microsoft are rumoured to be still going on - possibly just for its search business. And presumably Steve Ballmer is offering a lot less than $33 a share.

Yang's supposed preferred response, an ad deal with Google, has also fallen through. ®

Beginner's guide to SSL certificates

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
In the next four weeks, 100 people will decide the future of the web
While America tucks into Thanksgiving turkey, the world will be taking over the net
Microsoft EU warns: If you have ties to the US, Feds can get your data
European corps can't afford to get complacent while American Big Biz battles Uncle Sam
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.