Sony says thanks, but no thanks to Daniel Loeb

Sony boss says no acrimony with hedge fund billionaire (via AFP)

Sony's chief executive on Friday brushed off suggestions of bitter relations with a US hedge fund boss after the company rejected his call to spin off its entertainment arm. The affair was widely portrayed as a clash of corporate cultures, pitting a…

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Third Point LLC continues to hold Yahoo

Third Point LLC is the $9-billion hedge fund managed by billionaire and activist investment manager Dan Loeb. In his recent 13F filing with the SEC, Third Point, listed its three largest equity positions as: Yahoo! Inc. (YHOO), American Insurance Group (AIG), and Apple Inc. (APPL). These three stocks account for nearly half of the Third Pointinvestment portfolio.

Thank you Marissa Mayer!

Thank you for what??? .... you dare blog!


Well where do we begin?


Thank you for NOT being Scott Thompson!


Thank you for NOT being Jerry Yang!


Thank you for NOT being several other complete bozo's that have been run in and out of the Yahoo! sand box executive suite over the past! ten! years!


Basically, we are saying: Thank you Yahoo! for NOT making a Yahoo!-like decision!

Yahoo Gets $7 Billion in Sale of Alibaba

Yahoo Agrees to Sell Back Partial Stake to Alibaba

Partially related to the former Yahoo CEO Scott Thompson resigning in disgrace recently; but mostly related to hedge fund activist investor Daniel Loeb getting seats on the Yahoo! board of directors, Yahoo has liquidated some of its stake in Aliba.

Yahoo will sell off about half of its stake in Alibaba Group back to the Chinese e-commerce giant in a US$7.1 billion deal.

This is known as a liquidity event or Daniel Loeb getting something for his 5% stake in the company and related on going headaches.

Yahoo! shares opened slightly gap-up on the news (NASDAQ:YHOO), but has since faded in normal trade.

Yahoo CEO Scott Thompson is finally fired

Daniel Loeb, activist hedge fund manager at Third Point and owner of 5% of Yahoo! common stock, has gotten his way. Finally. At long last.

Yahoo CEO Scott Thompson resigned Sunday, amid relentless questions about his academic credentials and generally poor corporate management skills. And, of course, the generally poor condition of Yahoo! stock! for years!

Sorry Scott, we don't have any job leads! However ...

Khol’s is hiring at a location near you!

Maybe Yahoo! could be interested in Jerry Yang! Part III !

More Executive Problems at Yahoo!

Wake up Yahoo! and hear the music, smell the coffee, and finally hire the right managers!


Daniel Loeb, the activist investor at the hedge fund Third Point, now owns 5% of Yahoo! common stock. And Dan is tired. Very tired. Tired of Yahoo! mistakes, issues and continual problems. And many, many shareholders agree with him.

Dan is tired of “inadvertent mistake”after mistake on Yahoo! executive resumes such as CEO Scott Thompson and Director Patti Hart.

Dan is tired of botched takeover offers from Microsoft. Tired of CEO musical chairs. Tired of poor financial performance.

Make Dan Loeb less tired. Energize Dan by putting him on the Yahoo! board of directors. Get Yahoo! moving again. Finally.

Get rid of Jerry Yang and the rest of his Yahoo! cronies

Is it possible that there can be Two! Yahoo! idiots in the world??!!

The short answer is Yes!

We know of the first Yahoo! idiot. Non other than Yahoo! co-founder Jerry Yang.

Master.Destroyer.of.Yahoo!.Shareholder.Value.

He has done it several times, folks.

The second Yahooo! idiot is Daniel Loeb. Daniel is a hedge fund manager who apparently forgot to sell his Yahoo shares recently and still owns 5.15% of the dying web company.

"Get rid of Jerry Yang and the rest of his Yahoo! cronies" is essentially what Daniel announced to Yahoo!, the Wall Street Journal! and the World! this week!

Hedge.Fund.Drama.Queen.

Daniel wrote this week that " ... this Board's failures have destroyed value for all Yahoo stakeholders." And this guy manages money for other people.

Yahoo! stock (NASDAQ:YHOO) closed at $14.88 today.