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Yahoo! Announces Settlement with Carl Icahn — SUNNYVALE, Calif.—(BUSINESS WIRE)—Yahoo! Inc. (Nasdaq:YHOO - News), a leading global Internet company, announced today that it has reached an agreement with Carl Icahn to settle their pending proxy contest related to the Company's 2008 annual meeting of stockholders.
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Tech Trader Daily, ReadWriteWeb, Search Engine Land, Tech Beat, Coop's Corner, L.A. Times Tech Blog, CNET News.com, DailyTech, Epicenter, Search Engine Journal, Digital Daily, Technology news, Tech Confidential, Tech Ticker, ClickZ News Blog, Andy Beal's Marketing Pilgrim, MediaFile, Microsoft News Tracker, WebProBlog, Silicon Alley Insider, SEO and Tech Daily and Paul Mooney
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Miguel Helft / New York Times:
Yahoo Adds Icahn to Board, Avoiding a Showdown — Yahoo, the Internet portal, has averted a bruising proxy contest with the billionaire investor, Carl C. Icahn, by agreeing to appoint him and two others to its board, which the company will expand from 9 to 11.
Larry Dignan / Between the Lines:
Yahoo, Icahn settle proxy fight: Assessing winners and losers — Updated below: Yahoo and billionaire investor Carl Icahn have settled their looming proxy war. — According to a statement Monday, Yahoo's board of directors will be expanded to 11 members and one of those seats will go to Icahn.
Wall Street Journal:
Yahoo, Icahn Settle Proxy Battle In Wake of Rejected Microsoft Offer — Yahoo Inc. said Monday it reached agreement to settle a proxy battle with activist shareholder Carl Icahn, whereby it will expand its board by two members and appoint Mr. Icahn to the board.
Michael Arrington / TechCrunch:
The Friendfeedization Of Facebook — As Facebook continues to roll out the full version of its new user profiles, it's becoming clear that their primary goal isn't, as they said in May, to simply create a cleaner user experience and allow developers to have more meaningful engagement points with users.
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Justin Smith / Inside Facebook:Facebook Redesign Launches - Tour & First Impressions of New Home Page
New York Post:
APPLE-A-DAY TALK — INVESTORS AWAIT EARNINGS & JOBS' HEALTH REPORT — Industry concerns about Steve Jobs' health have not gone away more than a month after the Apple CEO appeared dramatically thinner at the firm's annual developers' conference, fighting what insiders at the time were calling a “bug.”
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Peter Kafka / Silicon Alley Insider:
Steve Jobs' Health Worries Won't Go Away. Time For A Succession Plan (AAPL) — Concerns about Steve Jobs' health aren't going away. Today's NY Post quotes a “Wall Street source” who says hedge fund managers are still freaked out after seeing Jobs' rail-thin appearance at the iPhone launch event last month.
Matt Richtel / New York Times:
Smaller PCs Cause Worry for Industry — SAN FRANCISCO — The personal computer industry is poised to sell tens of millions of small, energy-efficient Internet-centric devices. Curiously, some of the biggest companies in the business consider this bad news.
Leander Kahney / Cult of Mac:
To Prevent Upskirts, Japanese iPhone 3G Always Alerts When Taking Photos — An upskirt warning poster in a subway station outside Tokyo. Photo by Jeff Epp. — The iPhone 3G in Japan has a special feature unique to that country: The camera always makes a conspicuous “shutter” …
Bill Carter / New York Times:
Fallon Will Start ‘Late Night’ on the Web — LOS ANGELES — With a new round of shake-ups in late-night television set to begin next year, Lorne Michaels has decided to try to get a jump on things by starting NBC's next edition of “Late Night,” with its new host Jimmy Fallon, as a nightly entry on the Internet.
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Peter Kafka / Silicon Alley Insider:NBC Figures Out The Web: It's A TV Training Ground
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Howard Lindzon
Nate Anderson / Ars Technica:
Universal: “Fair use” is still infringing — Stephanie Lenz's YouTube video of her tot dancing to an old Prince song was pulled down at the request of Universal last year after the music label said that the clip infringed on its copyright. Not content with simply having Universal retract its claim …
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Lori Grunin / Crave: The gadget blog:
Panasonic improves sensor for LX3 enthusiast compact camera — One of the main complaints with the Lumix DMC-LX2, Panasonic's enthusiast pocket camera, was the high noise level of its 10-megapixel sensor. So we're heartened that for its replacement, the LX3, Panasonic decided to stick …
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MacNN:
Apple sells out of iPhones in all but 3 locations — In less than 10 days since its problem-plagued launch, Apple has sold out of stock of iPhones in all of its stores except three, including every state except New York, California, and New Hampshire. Apple notes that on Monday none …
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Apple Gazette
Tim Arango / New York Times:
News Flash From the Cover of Esquire: Paper Magazines Can Be High Tech, Too — On the third floor of the Museum of Modern Art in Midtown Manhattan rests a tribute to Esquire's glory years — a collection of 92 covers from the 1960s and early 1970s that have become, in the museum's words …
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Switched
