Yahoo Shareholders And Comcast Customers Strike Back! Coming Up.

  • Share
    Share Video

  • Add
  • More
    Report this video as:
0 0
You have already voted for this video.
One disgruntled Yahoo shareholder sent a heated letter to the board of the search company, urging them to s...
One disgruntled Yahoo shareholder sent a heated letter to the board of the search company, urging them to sell to Microsoft for 34-point-375 dollars per share, or for 49-point-5 billion dollars total. This amount would mark a 2-billion-dollar increase from Microsoft's last bid for the company. In the letter, the shareholder also advises the board that if the sale at his desired price does not work out, the company should resume negotiations with Google for a previous incomplete search-ad deal. A finalized deal between Yahoo and Google would increase Yahoo's cash flow and make the company more attractive to Microsoft. Comcast is facing lawsuits from customers in California, New Jersey and Illinois who are angered by the company's policy of not allowing their broadband customers to download bit-torrent files. All three lawsuits are claiming that Comcast misled customers with promises of QUOTE, “unfettered access to all the content, services and application that the Internet has to offer." Experts say that the three lawsuits are just the beginning and many similar cases are sure to follow as Internet companies attempt to control user-bandwidth..............
Categories:
Related