• Most Popular
  • Most Shared

Pictures

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

A look at the year's best science and technology photos.   Slideshow 

    Yahoo near naming Biondi, Chapple to board: source

    Anupreeta Das
    SAN FRANCISCO
    Tue Aug 12, 2008 7:44pm EDT

    Stocks

       
    A man runs past the headquarters of Yahoo Inc. in Sunnyvale, California May 5, 2008. REUTERS/Robert Galbraith

    SAN FRANCISCO (Reuters) - Yahoo Inc (YHOO.O) is in the process of approving the appointments of former Viacom Inc (VIAb.N) CEO Frank Biondi and former Nextel Partners CEO John Chapple to its board and is expected to name the appointees by Friday, a person familiar with the matter said on Tuesday.

    Technology  |  Stocks  |  Mergers & Acquisitions  |  Global Markets  |  Funds News  |  ETFs News  |  Media

    The appointments are not yet final but likely, the source said.

    Yahoo settled its proxy battle with Carl Icahn just days before its August 1 shareholder meeting, at which the activist investor had originally sought to replace the entire board with his nominees and oust Chief Executive Jerry Yang.

    As part of the deal, Yahoo agreed to appoint Icahn to its nine-member board and add two new directors from Icahn's list of nominees, which included Biondi and Chapple, by mid-August.

    Biondi, who runs an investment adviser firm, is the former chief executive of Universal Studios and Viacom. Chapple was the chief executive of Nextel Partners before it was bought by Sprint Nextel Corp (S.N).

    Yahoo also considered Jonathan Miller, former chief executive of Time Warner Inc's (TWX.N) AOL business, although he was not on Icahn's list. But Time Warner stepped in earlier this month to bar Miller from joining Yahoo, saying the conglomerate would enforce a non-compete pact with him.

    A Yahoo official declined to comment.

    (Editing by Mark Porter and Gary Hill)
    Technology
    Stocks
    Mergers & Acquisitions
    Global Markets
    Funds News
    ETFs News
    Media


    More from Reuters

    Photo

    Plot exposes fissure in U.S. intelligence community

    WASHINGTON (Reuters) - Last week's failed plot to bomb a U.S. passenger jet has exposed lingering fissures within the U.S. intelligence community, which had information from interviews and clandestine intercepts but did not put the pieces together, officials said.

    » More Top News
    Traders work in the pits at the The New York Mercantile Exchange, November 7, 2007. REUTERS/Brendan McDermid

    Calling the market

    A spectacular credit bust, two devastating stock market crashes ... the smart call this decade was to play it safe.  Full Article 

    Global Markets
    People walk past a branch of Bank of America in New York's financial district April 28, 2009. REUTERS/Brendan McDermid
    Rolfe Winkler:

    Move your money

    Boycotting "too big to fail" banks is a great idea -- so long as investors remember that banks aren't the only ones responsible for the crisis.  Full Article 

      Commentary