Well-known activist shareholder and billionaire investor Carl Icahn today announced a $100 million investment in Lyft, part of a new $150 million Series E round extension for the San Francisco-based on-demand ride-hailing… Read More
Marc Andreessen said he is stepping down from eBay’s board months after shareholder activisit Carl Icahn was seeking a similar change to the board. Now, the two exact things that Icahn was demanding in… Read More
It’s safe to say that Carl Icahn and Marc Andreessen aren’t exactly on good terms. After Andreessen called Icahn an “evil Captain Kirk,” earlier Thursday, Icahn answered this afternoon by ripping the venture… Read More
Carl Icahn has published an open letter to Apple CEO Tim Cook, praising him for the company’s performance. It’s a slightly different tone than the corporate raider took last year, when… Read More
Nuance Communications, a company with deep expertise in speech-recognition industry, may be up for sale. The Burlington, Mass.-based company has been in talks with various suitors, including private equity firms and Samsung, reports… Read More
Let the custody battles begin. Shareholder activist Carl Icahn reversed course today, saying he no longer supported the idea that PayPal be completely spun off from eBay. Since January, Icahn… Read More
Shareholder activist Carl Icahn continues a daily stream of threats aimed at eBay and PayPal, and yet has failed to make public his full business case for separating the two… Read More
The Skype spin-off has become a core piece of evidence in Carl Icahn’s campaign to force eBay to spin-off PayPal into a separately traded company. In response, eBay issued a letter… Read More
In a letter sent to eBay shareholders today, Carl Icahn calls eBay’s corporate governance “dysfunctional,” particularly when it came to Skype’s $8.5 billion sale to Microsoft in 2011. It is… Read More
Quarterly earnings season ticks on this week, with Apple entering the fiscal spotlight this afternoon as it announces its fiscal first-quarter earnings — including numbers for the peak holiday shopping… Read More
Shares of Netflix surged last week after billionaire investor Carl Icahn purchased 9.98 percent of the streaming media service, suggesting that it could be a possible buyout candidate by the… Read More