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Not With a Bang, but a Whimper: Icahn Leaves Yahoo Board

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” [...]
Jan 10th, 2011 | Filed under News -
Turkish Government Slams Google With $47 Million Fine For Alleged Tax Evasion

Following an investigation that lasted over a year, Turkish authorities are fining Internet giant Google a total of 71 million Turkish Lira (approx. €32 million or USD $47 million) for supposedly dodging the national tax system. Local media reports (links in Turkish) teach us that the Turkish government claims it is entitled to additional taxes [...]
Jan 10th, 2011 | Filed under New Product Launches, New Tech