John Paczkowski

Recent Posts by John Paczkowski

Does Yang Bleed Purple? Carl Icahn Aims to Find Out

I bleed purple, I bleed Yahoo.”

–Yahoo CEO Jerry Yang

bleedpurple.jpg Talk about prescient comments. Last Wednesday, Yahoo (YHOO) CEO Jerry Yang told the D6 audience, “I’ll probably never be a CEO again,” and here we are not a week later and Carl Icahn is telling him that he’s probably right.

In an interview with The Wall Street Journal, Icahn said he will seek Yang’s removal as CEO, should he succeed in his proxy battle against the company over its failure to reach a deal with Microsoft (MSFT). “It’s no longer a mystery to me why Microsoft’s offer isn’t around,” Icahn told the Journal. “How can Yahoo keep saying they’re willing to negotiate and sell the company on the one hand, while at the same time they’re completely sabotaging the process without telling anyone? … I’m very cynical about many of the boards and CEOs in this country, but even I am amazed at the lengths that Jerry Yang and the board went to entrench themselves in this situation.”

Yahoo’s board, incidentally, is rumored to be meeting this afternoon …

Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work