Featured Articles

TSMC: Volume production of 16nm FinFET in 2H 2015

TSMC: Volume production of 16nm FinFET in 2H 2015

TSMC has announced that it will begin volume production of 16nm FinFET products in the second half of 2015, in late…

More...
AMD misses earnings targets, announces layoffs

AMD misses earnings targets, announces layoffs

AMD has missed earnings targets and is planning a substantial job cuts. The company reported quarterly earnings yesterday and the street is…

More...
Did Google botch the Nexus 6 and Nexus 9?

Did Google botch the Nexus 6 and Nexus 9?

As expected, Google has finally released the eagerly awaited Nexus 6 phablet and its first 64-bit device, the Nexus 9 tablet.

More...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
EVGA GTX 970 SC ACX 2.0 reviewed

EVGA GTX 970 SC ACX 2.0 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 05 August 2008 07:30

Yahoo! shareholder votes tally questioned

Written by David Stellmack

Image

Critical shareholder seeks to examine votes

Yahoo shareholder Capital Research Global Investors, one of Yahoo Inc.’s most critical shareholders and also one of its largest shareholders, has asked for a probe of the recent Yahoo shareholder vote.

Capital Research Global Investors claims that it does not believe the voting was accurate in showing strong support for Yahoo’s CEO, Jerry Yang. After the bungled handling of the Microsoft buyout many shareholders had expressed a lack of support for Yang’s leadership and even a desire to oust him, yet last week’s shareholder vote seems to have shown strong support for him.

The shareholder vote was reported as being 85 percent in support of Yang and his team’s leadership. Capital Research Global Investors said they believe something is awry, as there should have been more than 15 percent opposed to Yang.

Yahoo issued a statement that it was not aware of any errors that occurred in the shareholder voting. Stay tuned, we have a feeling this is not the end of this story.

Last modified on Tuesday, 05 August 2008 07:57

David Stellmack

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments