Techland

  • Nortel downshifts on WiMax

    By Scott Moritz

    WiMax was dealt another blow Thursday as Nortel placed a bigger bet on a competing wireless technology.

    Nortel (NT), the giant telecom equipment supplier, said Wednesday that it will focus its research on a fourth-generation technology known as long term evolution, or LTE, and shift its existing WiMax effort over to a joint venture with Alvarion (ALVR)

    The move is a scamble by Nortel to get a slice of 4G spending as telcos like AT&T (T) and MORE

    - Jun 11, 2008 10:30 AM ET
  • Yahoo's summer showdown with Carl Icahn

    By Yi-Wyn Yen

    The summer's biggest shareholder showdown is finally set. Yahoo will hold its annual  meeting at the Fairmont hotel in downtown San Jose on Aug. 1.

    Yahoo (YHOO) originally set the date for July 3, but the meeting was postponed in anticipation of Carl Icahn's proxy fight. The billionaire activist vows to replace Yahoo's nine board members, including Yahoo CEO Jerry Yang, with his own slate if the company doesn't MORE

    - Jun 4, 2008 1:24 PM ET
  • Google revs its search engine

    By Scott Moritz

    After an alarming first quarter U.S. search advertising slowdown, Google (GOOG) managed to reignite growth in the all-important paid click category according to April data from comScore.

    Last month, Google's paid clicks grew 19.6% over year-ago levels, improving on an much-watched trend of slowing paid click numbers in the first quarter of this year, thanks to a strong rebound in U.S. growth. The nearly 20% year-over-year increase compares with a less MORE

    - May 29, 2008 9:07 AM ET
  • Is Microsoft pursuing the wrong ad strategy?

    By Yi-Wyn Yen

    With Bill Gates preparing to retire next month, the Microsoft chairman gave his take on the future of the software maker's online strategy – search advertising.

    "You make these bets and you stick with them for more than five years," Gates told an auditorium filled with Microsoft advertisers last week at the company's Redmond, Wash., headquarters. "You bet on graphics interface, you bet on Internet browsing. Here with search, MORE

    - May 28, 2008 7:00 AM ET
  • T. Boone Pickens on Yahoo

    By Todd Woody

    NEW YORK - T. Boone Pickens dropped by Fortune to chat with the magazine's editors and writers and naturally Yahoo came up. The billionaire oilman has bought 10 million Yahoo shares and is backing Carl Icahn's bid to oust the Internet company's board in the aftermath of the failed (so far) deal with Microsoft.

    "I'm just coat-tailing Carl on that," said Pickens, who celebrated his 80th birthday last Thursday. MORE

    - May 27, 2008 10:15 AM ET
  • AT&T shows thinking on new iPhone subsidy

    By Scott Moritz

    AT&T (T) laid out the case for a subsidy that would lower the price for consumers to buy the next iteration of Apple's (AAPL) iPhone.

    Speaking to Reuters at a tech conference in New York Thursday, AT&T CFO Rick Lindner acknowledged that the phone has not yet been unveiled and neither has the pricing. But speaking more generally, Lindner said subsidies or promotional discounts on phone prices are a common element even in smartphone sales MORE

    - May 23, 2008 12:06 PM ET
  • Yahoo braces for Icahn fight

    By Yi-Wyn Yen

    Yahoo is preparing for a hot and heated summer. In anticipation of a proxy fight with billionaire activist Carl Icahn, the company has delayed its July 3 annual shareholder meeting by a few weeks.

    Yahoo (YHOO), in a regulatory filing Thursday, urged its shareholders to vote against the ten-member alternate slate that Icahn proposed last week and to re-elect Yahoo's current directors. "Our board of directors unanimously recommends a vote for the election of MORE

    - May 22, 2008 7:18 PM ET
  • Microsoft turns to cash to beat back Google

    By Yi-Wyn Yen

    REDMOND, Wash. – Microsoft chairman Bill Gates on Wednesday unveiled a new game plan to compete with Google, a closely-watched move that comes more than two weeks after the software giant withdrew its blockbuster bid to acquire Yahoo.

    Microsoft plans to pay consumers who search and buy products through Microsoft's Live Search engine. Microsoft's attempt to lure search users with "cold, hard cash" -- in Microsoft's own words -- is the MORE

    - May 21, 2008 11:58 AM ET
  • Carl Icahn may rally a proxy fight against Yahoo's board

    By Yi-Wyn Yen

    Shares of Yahoo spiked more than 6% in afternoon trading Tuesday as a CNBC report said that billionaire activist Carl Icahn is "mulling" the idea of leading a shareholder revolt to oust the company's board of directors.

    "There's every chance in the world that the stock is being influenced by the speculation of Carl Icahn," said S&P Internet analyst Scott Kessler.

    Yahoo's board has come under fire from shareholders since MORE

    - May 13, 2008 4:15 PM ET
  • Sprint's best customers are hanging up

    By Michal Lev-Ram

    Churn, or the rate at which customers defect to rival carriers, is one of the most important metrics for measuring the success of a wireless carrier.

    Unfortunately for Sprint (S), it has one of the industry's worst churn rates. On Monday it revealed that 1.09 million of its subscribers decided to take their business elsewhere in the first quarter as the company reported a net loss of $505 million, MORE

    - May 12, 2008 3:24 PM ET
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