Stories about: Time Warner

Time Warner is in separate talks with Microsoft and Yahoo to sell its AOL Internet division before Yahoo holds its annual shareholders meeting on August 1, according to a Reuters report.

Microsoft is seeking partners including Time Warner and News Corp. in a new bid to acquire Yahoo's search business, the Wall Street Journal reported Wednesday.

Time Warner will gain US$9.25 billion -- and more flexibility in running its remaining businesses -- from its spin-off of Time Warner Cable later this year.

The US Securities and Exchange Commission on Monday filed a lawsuit against four former AOL Time Warner executives, charging them with falsely boosting the company's advertising revenue by US$1 billion. In addition, four other former AOL executives settled with the SEC on related fraud charges, agreeing to pay hundreds of thousands of dollars each in penalties.

I think, therefore Icahn. Just when you thought the Yahoo-Microsoft deal was kaput, in steps everyone's least favorite uncle Carl Icahn to muck things up. In a letter to the Yahoo board, the curmudgeon billionaire scolded board members, then announced his intentions to buy US$2.5 billion of Yahoo stock and wage a proxy battle to unseat all 10 members. So after after he forces Yahoo to succumb to the advances of Microsoft, then what? Icahn cashes out, and we're left with this forced marriage from Hell. Nice. Advice to Jerry Yang: Just lay back and think of the stockholders.

As billionaire investor Carl Icahn gears up for a proxy fight with Yahoo at its July 3 shareholders' meeting, the question is, can he win? And if he does win, will he be able to persuade Yahoo's jilted suitor, Microsoft, to reconsider its acquisition bid?

For the past year, WiMAX has been a technology under siege.

News Corp. has no plans to jump in and rescue Yahoo now that Microsoft has walked away from its US$47.5 billion takeover bid of the Internet company, News Corp.'s COO said during a mid-week earnings conference call.

As its stock price plummets, Yahoo's executives must do something tangible and do it quickly to prove to shareholders that fighting a takeover bid by Microsoft was the right thing to do, analysts said this week.

Microsoft's three-month courtship of Yahoo has ended but it changed both companies forever and neither can expect to return to the way they were.

Assuming that Saturday's public walkaway by Microsoft doesn't prove just to be a high-risk negotiation tactic against Yahoo -- after all, the companies are rumored to have been talking about some sort of merger or acquisition for almost three years -- then what we have is a software vendor suddenly awash in tens of billions of unspent dollars that it can now lavish on other Internet firms.