CBS will pay $11.50 a share for CNET. The all-cash deal represents a premium of 44% over above the $7.95 CNET closed at yesterday. Will it be enough to satisfy JANA et al? If you take the JANA team's argument at face value, this deal won't satisfy them…
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Icahn Proposes Dissident Slate of Yahoo Directors
The billionaire investor and activist shareholder proposed a dissident slate of directors for the Yahoo board as he tries to force the company to restart talks to sell itself to Microsoft.…
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Amazon Kindle a $750 Million iPod-Like Business By 2010 (AMZN)
The Kindle could contribute 3% of Amazon's overall revenue in two years, argues Citi analyst Mark Mahaney, who has a born-again relationship with the device. Combining device and book sales in an iPod/iTunes-like model, Mark says, the Kindle could add…
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The Monkey is Out and the Challenge is On
It's been three weeks since we began the limited preview of Yahoo! Search's new open developer platform, SearchMonkey. Today, we're officially opening up the doors to all developers -- professionals and hobbyists -- to begin building applications that…
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Fujitsu announces Intel Atom-based UMPC
Fujitsu has showcased its second generation 5.6-inch UMPC U2010 with Intel's 45nm Atom processor. The UMPC will focus on the high-end market with a price of NT$40,000 (US$1295.34) and will be launched in Taiwan in July.…
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Icahn Plans Yahoo Proxy Contest
Carl Icahn is launching a proxy contest to unseat Yahoo's board, a move aimed at pushing Yahoo back to the bargaining table with Microsoft. Icahn plans to nominate 10 directors to replace Yahoo's board before a deadline Thursday.…
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Yahoo, Icahn Face Off
Icahn filed a proxy slate to unseat Yahoo's board, accusing its directors of acting "irrationally" and setting the stage for what could be a battle for control of the company. Yahoo defended its current board and its efforts to maximize shareholder value.…
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Anatomy of a rumor: The Atom-powered Newton iPhone
As Winston Churchill might have put it, an Apple rumor can fly halfway around the world before truth has a chance to get its boots on. Case in point: the iPhone mini-tablet story that broke Wednesday afternoon in Germany. It started with a bad computer…
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