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Vincent Padois, head tutor at the Pierre and Marie Curie University who teaches robotics and is babysitting the Paris ICub, makes a demonstration with ICub robot, a ?hybrid embodied cognitive system for a humanoid robot" about 1 metre (3.2 feet) high, at the Pierre and Marie Curie University in Paris September 4, 2009. Six versions of ICub exist in laboratories across Europe, where scientists are painstakingly tweaking its electronic brain to make it capable of learning, just like a human child and hoping it will learn how to adapt its behaviour to changing circumstances, offering new insights into the development of human consciousness.   REUTERS/Philippe Wojazer

Pictures of the year: Technology

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    Icahn urges Yahoo to ditch "severance plan"

    NEW YORK
    Wed Jun 4, 2008 2:32pm EDT

    NEW YORK (Reuters) - Billionaire investor Carl Icahn has sent a letter to Yahoo's board asking that the company rescind a severance plan for full-time employees he says is the biggest impediment to a takeover deal with Microsoft Corp.

    Technology  |  Deals

    In the letter, Icahn said: "(Chief Executive Officer) Jerry Yang and a majority of the board went to inordinate lengths to sabotage a Microsoft bid."

    Citing a "complaint", the activist investor said Yang engineered a takeover defense allowing full-time employees to quit with generous benefits. He urged Yahoo's board to rescind the severance plan, saying that removing the plan would free up $2.4 billion and possibly more which could be added to a Microsoft bid.

    The Internet company faces pressure from Icahn and other shareholders over its failed talks for a $47.5 billion buyout from Microsoft.

    Icahn has launched a proxy battle against Yahoo, accusing its board of driving Microsoft away, ahead of an August 1 shareholder meeting.



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