Yahoo! recounts! votes!

Yang! even! less! popular! than! thought!


Yahoo! miscounted the shareholder votes at its general meeting last week, it has admitted to the Securities and Exchange Commission.

To be fair, the miscount was blamed on Broadridge Financial Services which acts as a proxy for institutional shareholders and mucked up the votes. Broadbridge blamed "a truncation error [which] occurred in reporting share numbers that exceeded eight digits".

The recounted results show Yahoo! boss Jerry Yang, and most of the rest of the board, were somewhat less popular than originally reported.

The original results showed Yang getting 85.4 per cent of votes in his favour, but corrected figures show he only pulled in 66.3 per cent of the vote. Chairman Roy Bostock saw his vote fall from 79.5 per cent in favour to 60.4 per cent.

Despite the hanging chaddery, there was no change to the result, which means the board remains unchanged and Yang is still in charge. For now, anyway.

Full details from Yahoo! here. ®

Similar topics


Other stories you might like

  • ESA boss gives update on stricken Sentinel-1B imaging satellite: All is not lost yet

    Still borked, 1C and 1D are waiting in the wings

    ESA Director General Josef Aschbacher has addressed the issue of the space agency's borked Copernicus Sentinel-1B spacecraft in his first annual press conference.

    The last useful bit of data from the Earth observation satellite came last year, and as of yesterday attempts to revive the equipment to normal working order have come to naught.

    It's an interesting anomaly: the spacecraft remains under control and, according to Aschbacher, "the thermal control system is properly working and the regular orbit control manoeuvres are routinely performed." However, attempts to reactivate the power unit that's holding back the transmission of image data have proven unsuccessful.

    Continue reading
  • Tesla driver charged with vehicular manslaughter after deadly Autopilot crash

    Prosecution seems to be first of its kind in America

    A Tesla driver has seemingly become the first person in the US to be charged with vehicular manslaughter for a deadly crash in which the vehicle's Autopilot mode was engaged.

    According to the cops, the driver exited a highway in his Tesla Model S, ran a red light, and smashed into a Honda Civic at an intersection in Gardena, Los Angeles County, in late 2019. A man and woman in the second car were killed. The Tesla driver and a passenger survived and were taken to hospital.

    Prosecutors in California charged Kevin George Aziz Riad, 27, in October last year though details of the case are only just emerging, according to AP on Tuesday. Riad, a limousine service driver, is facing two counts of vehicular manslaughter, and is free on bail after pleading not guilty.

    Continue reading
  • AMD returns to smartphone graphics with new Samsung chip for your pocket computer

    We're back in black

    AMD's GPU technology is returning to mobile handsets with Samsung's Exynos 2200 system-on-chip, which was announced on Tuesday.

    The Exynos 2200 processor, fabricated using a 4nm process, has Armv9 CPU cores and the oddly named Xclipse GPU, which is an adaptation of AMD's RDNA 2 mainstream GPU architecture.

    AMD was in the handheld GPU market until 2009, when it sold the Imageon GPU and handheld business for $65m to Qualcomm, which turned the tech into the Adreno GPU for its Snapdragon family. AMD's Imageon processors were used in devices from Motorola, Panasonic, Palm and others making Windows Mobile handsets.

    Continue reading

Biting the hand that feeds IT © 1998–2022