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Telstra adds one million mobile services, but Sensis plummets

Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.

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Yahoo! to Microsoft and Icahn: Put up or shut up

IT Industry - Strategy

Microsoft did not carry through with its threat and instead withdrew its bid in May, with CEO Steve Ballmer saying Yahoo!'s asking price of $US37 was too high.

In mid-May, billionaire investor Carl Icahn put forward a slate of replacement directors, claiming the present board had acted irrationally by rejecting Microsoft's advances.

Yahoo! shareholders will have their opportunity to choose between the current board and Icahn's team at the company's annual meeting scheduled for August 1.

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