Napalm Riot

From the August 1 issue of The News:"*

Yahoo's separate peace with Icahn (p. 36)

If you can't beat him, put him on your board, said Jim Goldman in CNBC.com. Yahoo this week said it has agreed to appoint "corporate rabble-rouser" Carl Icahn and two allies to its board. Yahoo "really had no choice" but to reach out to Icahn, who wants the Internet firm to cut a deal with Microsoft. "It was clear from the start that Icahn wasn't going away, and with 68 million shares, or 5 percent of the shares outstanding, he was only getting louder."


Is Steve Jobs ill? (p. 36)

Questions are growing over Steve Jobs' health, after the Apple CEO looked unusually gaunt at a public appearance last week said Brian Garrity in the New York Post. A company spokesman said Jobs was merely fighting "a but," but some investors are asking if his pancreatic cancer, treated by surgery in 2004, may have returned. Apple has a history of dragging its heels when it comes to admitting that Jobs is sick." Apple stock would almost certainly plunge if Jobs were incapacitated.

The News volume 8, issue 372; August 1, 2008