Yahoo has reached a settlement with activist investor Carl Icahn, who will join the Internet company's board.
After having snubbed Microsoft's initial takeover proposal, reports have indicated that Yahoo is still counting on the software giant to mount another acquisition bid, should its attempts to play the field backfire.
In a move to add more grist to the mill, an attorney representing Yahoo shareholders brought forth more material to support a call for a speedy hearing date on the company's controversial employee severance plans, according to a letter sent on Wednesday morning to the judge overseeing the shareholders lawsuit.
Microsoft has been awarded a tongue-in-cheek prize by the Foundation for a Free Information Infrastructure (FFII) for the debacle surrounding its Office Open XML specification.
US president-elect George W. Bush says he opposes a forced breakup of Microsoft, but that doesn't mean he'll intervene. To begin with, Bush has bigger problems.
Microsoft slams Google on privacy
Google's approach to privacy is a decade behind Microsoft, the Redmond software giant's chief privacy strategi… Watch it now
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