No Limit Icahn Poker: FTC Greenlights More Yahoo Investment
At this week’s D6 trade conference a question was asked of Rupert Murdoch about Carl Icahn’s grab at Yahoo. Mr. Murdoch, often frank and to the point, replied “that’s not serious. He just wants to make a few hundred million bucks.”
Accurate or off base, one mogul’s insight on another is always fascinating. Here, I’d suspect the conclusion is true as well. Icahn is a special kind of value investor – he looks for corporate weakness and tries to turn it into short term investment opportunity. He’s an opportunist imbued with the mentality of a trader, together mixed in with the instinct of a predator and the guile of a poker player. He’s honed his game over years of practice. The playbook is in memory; tried and true. Yahoo, as a target, was looking weak. The opportunity was there.
Cable companies have been driving their use for years. 
There you are, rocking out to your favorite rock song, drumming your fingers to the guitar riff… or maybe you are 30 minutes into an important phone call, the other person waiting for your reply… or you’re working away on your laptop, caught up in the middle of something urgent. You’re doing something important. That’s always when it happens. The batteries die. In the blink of an eye a digital nightmare begins. It takes just a blip of a second but in that time unsaved work is lost. Calls are missed. Songs interrupted. It’s something that’s happened to us all, a consequence of our digitally connected era. And it is something inventors and engineers have yet to find a solution for. But they are trying.
From futuristic “
When the phrase “live entertainment” is used in a word association game, most people aren’t likely to jump up and down screaming rebroadcast or replay. The phrase also isn’t likely to conjure thoughts of a big screen unless one is part of the staging. For most people, “Live Entertainment” is, well, … live. It’s the energy of a packed house, the buzz of the crowd. It’s Broadway. It’s concert halls and small clubs. It’s the spectacle of a show revealed second by second. 
In a year where gaming companies seem to be shattering records at every turn, another stellar result no longer comes as a surprise but is instead, an expectation. French game publisher Ubisoft didn’t disappoint Thursday. Even after upping expectations several times in the past year (most recently in March) the company reported fiscal yearend earnings that raised the bar even higher.
Where there is smoke there is usually fire. A similar maxim is often true with investors: where one big name goes, others usually follow. It’s something of a law of opportunity, an investor piggy-back clause. People follow success and will ride its coattails. So where Warren Buffet invests, others follow. Where Icahn goes, others go too. With 
