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MICROSOFT SHAREHOLDER LAWSUIT
Microsoft sued by shareholders over expenses, cloud business, AIAbout $357 billion of market value was erased, and Microsoft's stock suffered its biggest one-day decline in nearly six years.- AI companies are barreling toward huge Wall Street debuts. A look at the biggest playersFrom Anthropic to SpaceX to OpenAI, tech giants are looking to take their shares public to access more capital in the race to shape the tec...
- OpenAI IPO filing could come before SpaceX goes public: Will Sam Altman beat Elon Musk and Anthropic in the biggest AI and space market race of 2026? Complete details on Wall Street’s largest IPO waveOpenAI IPO: Wall Street is entering its biggest IPO wave since 2022. OpenAI, SpaceX, Anthropic, Shein, and Kunlunxin could together raise n...
- Elon Musk's court battle against OpenAI enters homestretchA crucial trial involving Elon Musk and OpenAI is concluding. Musk accuses OpenAI leaders of betraying its founding mission for personal ga...
- Elon Musk faces tense questioning in cross-examination by OpenAI's lawyerElon Musk faced tough questions in court. He is suing OpenAI, alleging it shifted from its nonprofit mission. Musk claims the company sough...
- On witness stand, Elon Musk accuses Sam Altman's lawyer of trying to trick himElon Musk is in court accusing OpenAI's lawyer of trying to trick him. The trial centers on Musk's lawsuit claiming OpenAI abandoned its mi...
- Inside SpaceX's IPO: Musk's most ambitious plan yetSpaceX is preparing for a massive IPO, aiming for a $1.75 trillion valuation. The company's future plans include artificial intelligence, s...
- Courtroom clash starts today: Elon Musk takes on Sam Altman — what’s at stake in the OpenAI lawsuitElon Musk vs Sam Altman court case: what’s at stake in the OpenAI lawsuit - The Musk vs Altman trial over OpenAI nonprofit conversion begin...
- Microsoft swaps law firms in shareholder case, hiring Trump targetMicrosoft has replaced the law firm Simpson Thacher with Jenner & Block in a Delaware lawsuit concerning its $69 billion acquisition of Act...
- Bits & Bytes: Meta beats lawsuit over Apple privacyIn a decision, US District Judge Yvonne Gonzalez Rogers also rejected claims that Meta concealed former COO Sheryl Sandberg’s use of compan...
- Yahoo may face early shareholder trialYahoo may have to face a lawsuit by insurgent shareholders before a key Aug 1 vote in which the company's board faces re-election, accordin...
- Yahoo fires back, says Icahn manipulates factsYahoo fired back at Carl Icahn, saying the corporate raider "misrepresents and manipulates" the facts in a dispute over a failed merger dea...
- Icahn asks Yahoo to rescind employee severance planActivist investor Carl Icahn has told Yahoo to immediately rescind the 'poison pill' employee severance plan that practically sabotaged any...
- Icahn asks Yahoo board to scrap employee severance planIf Yahoo's board clings to the severance plan, Icahn indicated he will follow through on his 3-week-old threat to ask shareholders to fire ...
- Icahn says Yahoo 'sabotaged' Microsoft bidInvestor Carl Icahn said the best chance for the Internet giant would be to replace the current board and CEO Jerry Yang to revive the Micr...
- Yahoo investor ire not seen triggering proxy fightYahoo investors who wanted to accept a Microsoft buyout are not seen as likely to try to oust the board.The Yahoo battle
- Yahoo to focus on maximising stakeholders' benefitsWith Microsoft withdrawing its bid, Yahoo has said it will now focus on "the most important transition" in its history for the shareholders...
- Yahoo facing 7 shareholder lawsuits over handling of Microsoft bidYahoo Inc. is facing seven shareholder lawsuits alleging the slumping Internet pioneer bungled its response to Microsoft Corp.'s unsolicite...
- 2 US pension plans sue Yahoo for spurning Microsoft takeoverTwo US pension funds have sued Yahoo Inc. and its board of directors, saying they breached their duties to shareholders in trying to thwart...
- For Yahoo board, Microsoft deal may be a dutyYahoo Inc's board seems to be looking for any way possible to escape takeover by Microsoft Corp , but in the end directors' duty may be sim...
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