Salesforce.com, the software as a service company that loves to put Microsoft’s business model in its cross hairs, today announced a Web hosting service for enterprise clients called Force.com Sites. It was one of several Salesforce announcements Monday, including partnerships with Amazon.com and Facebook, all of which elevate the company’s cloud computing offerings as competition for these services continues to intensify. (See Microsoft’s cloud platform expansion from last week.) Here’s coverage from Reuters.More
Category: Carl Icahn
For much of the spring and early summer, Yahoo’s shareholder meeting loomed as the potential defining moment in Microsoft’s battle to take control of the company and its valuable online properties. At one time, Microsoft was planning a proxy fight and was lining up its own set of Yahoo director candidates. Then billionaire investor Carl Icahn proposed his slate and began campaigning hard against the incumbent directors. The presumption was that Icahn’s directors would be amenable to a Microsoft deal.
Tomorrow’s meeting would have been the chance for Yahoo shareholders to vote, essentially, to sell the company or continue independent of Microsoft (the path Yahoo management has taken). But it turns out that the meeting will likely have none of that drama, which is not to say it won’t have drama.More
DOUGLAS C. PIZAC/AP
With Yahoo, Microsoft and Carl Icahn waging a public campaign to win shareholder hearts and minds (and, most important, votes), a few more interesting reports surfaced this afternoon: One major Yahoo shareholder is said to be leaning toward Icahn’s slate of director candidates. Meanwhile, any potential Yahoo-AOL deal would be on hold until after Aug. 1.
All of this as the titans of the online and media worlds head toward Sun Valley, Idaho, for the annual Allen & Co. deal-making retreat.More
Yahoo, responding to the coordinated communications barrage from Microsoft and Carl Icahn earlier this morning, said in a statement in “continues to stand ready” to deal.More
Microsoft CEO Steve Ballmer and billionaire activist investor Carl Icahn have spoken frequently in the last week about the prospects of a deal to buy some or all of Yahoo should Icahn’s slate of director candidates win control of the company at the Aug. 1 Yahoo shareholder meeting. Icahn issued another open letter to…More