Icahn considering Yahoo/Microsoft move?

Billionaire investor Carl Icahn, who has recently campaigned successfully for changes to Motorola's management, is now reported to be turning his attention to the failed Yahoo/Microsoft merger. He's apparently bought around 50 million Yahoo! shares and could be planning to replace the company's board of directors, according to the Wall Street Journal. Any merger between Microsoft and Yahoo! would have a dramatic effect on the mobile industry, as we reported in our podcast in early February.

Motorola does deal with investor Icahn

Motorola has reached an agreement with campaigning investor Carl Icahn that sees two of his suggested nominees appointed to Motorola's board of directors. In return, Mr Icahn will vote in favour of the company's other nominees. In addition, all current legal action between Motorola and Carl Icahn will be dismissed. Mr Icahn, who is said to be the 46th richest man in the world, owns around 6.4% of Motorola's shares. [Motorola press release]