The Tech Updates Dot Com

Activist investor Carl Icahn has resigned from the board of Yahoo, and is praising both CEO Carol Bartz, who just presided over a quarter of improved earnings, as well as the rest of the company’s board for “acting so responsibly” in conjunction with the search transaction with Microsoft that he advocated.  Icahn’s resignation was to be [...]

Carl Icahn, the activist billionaire investor who made such a noisy fuss in his quest to force management and other changes at Yahoo, is taking a much quieter leave from the Internet giant’s board. He apparently has told the Yahoo (YHOO) board that “there was not a need at this time for an activist investor” [...]