Kara Swisher

Recent Posts by Kara Swisher

More Shoes Drop: Third Point Formally Files Preliminary Proxy Statement With SEC

No surprise — preliminary proxy documents from Yahoo’s activist shareholder Third Point were filed to the Securities and Exchange Commission today, which you can see here. In them, the New York hedge fund took new aim at the Silicon Valley Internet giant’s latest board member candidates, noting “installing the hand-picked choices of the current Board does nothing to allay concerns that the Company is poised to repeat the errors of its past.” More to come, to be sure, as Third Point seeks to get its own directors on Yahoo’s board.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald