Every August since 1999, S eattle’s Ingeniux has been a driving force in the thrust of SEAFAIR’s hydroplane racing and the thrill of its aerial acrobatics. The CMS technology leader has donated its content management system platform for the SEAFAIR community festival for going on a decade. The Ingeniux CMS platform and rich browser-based “AJAX” web clients have allowed non-technical SEAFAIR volunteers the ability to quickly and easily publish, maintain, and update Web site content usually several times a day as festival activities increase.
To keep hydroplane race fans updated, a team of Web site volunteers stationed at key vantage points in Stan Sayers Park utilize Ingeniux real-time publishing to post live race coverage and information updates for this popular event. These updates are posted to both the Internet and cell phones using instant messaging.
Hosted and implemented by Allyn Analytics, the SEAFAIR site recently received the gold medal for best overall Web site from the International Festival of Events Conference. [24×7]
Yahoo Board Survives Annual Shareholder Meeting
Yahoo Inc.’s board emerged largely unscathed from the internet company’s annual meeting Friday as a subdued crowd of shareholders raised few questions about the directors’ rejection of Microsoft Corp.’s $47.5-billion US takeover bid.
After Yahoo’s leadership spent more than an hour defending its handling of the now-withdrawn offer, the company fielded just nine questions from shareholders for about 35 minutes before abruptly adjourning the meeting.
A significant number of shareholders were expected to express their dissatisfaction by opposing the re-election of Yahoo’s current directors in a largely symbolic gesture. Yahoo didn’t announce the results at the meeting but promised to release a preliminary tally later Friday.
Much of the drama was sucked from the meeting last month when Yahoo reached a truce with activist investor Carl Icahn, who had been waging a campaign to oust the company’s entire board for spurning the Microsoft bid.
Icahn will join Yahoo’s board next week and can’t criticize his fellow directors as part of a peace pact he made. He didn’t attend Friday’s meeting.
Yahoo will add two other Icahn-endorsed candidates to the board by Aug. 15. Former AOL chief executive Jonathan Miller had been considered to be one of the leading candidates to fill the other seats, but he apparently will be precluded from doing so as part of a non-compete agreement that AOL’s owner, Time Warner Inc., plans to enforce.
Yahoo chairman Roy Bostock staunchly defended the board’s handling of the Microsoft negotiations, saying the directors met more than 30 times to discuss the bid as well as other ways to boost the company’s stock price. Eric Jackson, a Yahoo shareholder representing a group of about 150 investors, called upon Bostock to step down, partly because he “overplayed” his hand in the Microsoft negotiations. Bostock gruffly refused. [24×7]
