John Paczkowski

Recent Posts by John Paczkowski

Icahn Cans Yahoo

Carl Icahn is slowly cutting his ties with Yahoo. The billionaire investor, who once held some 75 million shares in the Internet pioneer, has whittled that stake down to about 12 million shares as of Feb. 12, according to a new filing with the Securities and Exchange Commission.

An interesting divestiture considering Icahn’s history with the company, which includes the proxy contest he mounted in 2008 to oust Yahoo’s board of directors after it rejected Microsoft’s $47.5 billion acquisition offer. With Yahoo’s (YHOO) stock trading at around $15–a far cry from the $33 a share it was valued at around the time of the Microsoft (MSFT) offer–and the company continuing to lose search market share, there’s little left to hold Icahn’s interest.


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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First the NSA came for, well, jeez pretty much everybody’s data at this point, and I said nothing because wait how does this joke work

— Parker Higgins via Twitter