Technology

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This month I want to talk about a topic that, at first glance, doesn’t seem to directly pertain to the cause of White Nationalism and the struggle that our race faces. Yet, the more I thought about this topic, the more I came to realize that this could be one of the most significant issues we will ever face.

I’m talking about the “technification” of our society. Sure, technification isn’t considered a “real” word… yet! But the idea behind that word will set the groundwork for this month’s comments.

We live in an ever increasing technological society. The age of newspapers gave way to the age of radio. Radio fell victim to the visual aspects of television. Television expanded to include easy-to-install satellite systems that gave us hundreds of channels to watch.

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Microsoft gives Yahoo ultimatum in hostile takeover bid

Yahoo Inc has three weeks to accept Microsoft Corp’s $31-a-share cash-and-stock offer or Microsoft may lower its bid and take its offer to Yahoo investors, Microsoft said on Saturday.

Microsoft Chief Executive Steve Ballmer said in a letter dated April 5 and addressed to Yahoo’s board of directors that “now is the time” to negotiate final terms of a deal, which, valued at more than $40 billion would mark the biggest-ever takeover in the high-tech industry.

“If we have not concluded an agreement within the next three weeks, we will be compelled to take our case directly to your shareholders, including the initiation of a proxy contest to elect an alternative slate of directors,” Ballmer wrote.

Then he threatened to reduce Microsoft’s offer if Yahoo failed to meet the deadline: “That action will have an undesirable impact on the value of your company from our perspective which will be reflected in the terms of our proposal.”

The letter marks the tightening of the noose in a classic Wall Street bear-hug merger strategy, wherein Microsoft aims to convince Yahoo directors to negotiate a friendly deal or else face a battle for their jobs at Yahoo’s next annual meeting.

Yahoo’s board is reviewing the letter, said a person close to the company. Directors of the Sunnyvale, California-based company have rebuffed Microsoft’s original offer, saying the bid undervalues Yahoo and that it is seeking alternatives.

Ballmer said Microsoft was growing impatient more than two months after the Redmond, Washington-based software powerhouse made its unsolicited takeover offer for Yahoo. At the time, the bid represented a 62 percent premium to Yahoo’s share price.

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