In computer networks, a proxy server is a server (a computer system or an application program) which services the requests of its clients by forwarding requests to other servers. A client connects to the proxy server, requesting some service, such as a file, connection, web page, or other resource, available from a different server. The proxy server provides the resource by connecting to the specified server and requesting the service on behalf of the client. A proxy server may optionally alter the client's request or the server's response, and sometimes it may serve the request without contacting the specified server. In this case, it would 'cache' the first request to the remote server, so it could save the information for later, and make everything as fast as possible. A proxy server that passes all requests and replies unmodified is usually called a gateway or sometimes tunneling proxy. A proxy server can be placed in the user's local computer or at specific key points between the user and the destination servers or the Internet.

09 July 2008

Microsoft Joins Icahn in Yahoo Proxy Battle

Icahn's proxy push to succeed Character's inhabit got a new perversion of clean this forenoon, as Microsoft declared that "after the shareowner election Microsoft would be fascinated in discussing with a new inhabit a leading transaction with Yahoo!, specified as either a dealings to get the "Hunt" role with colossal financial guarantees or, in the choice, purchase the unit affiliate."

Microsoft's abbreviated evidence, available via Character Economics news (yes, I apprise the witticism) follows a statement this forenoon from Icahn to Yahoo shareholders. In it, he writes that if his fight succeeds, "I strongly believe that in real low organization the new table would, matter to its property duties, be presenting to shareholders either a purchase engage for the entire circle or a real winning furnish to purchase "Hunt" with feature had visit conversations, several of which "tally lasted as monthlong as an distance."

Yahoo's greeting? "If Microsoft and Mr. Ballmer really poverty to acquire Character!, we again invite them to work a proposition instantly. And if Mr. Icahn has an very idea for Character! beyond hoping that Microsoft power actually masterly a transaction which they hump repeatedly walked away from, we would be rattling interested in hearing it.”

As Semiconductor Alley Insider notes, a renewed Microsoft message with a new Character committee would belike be for a white control inferior than the newfangled $33 per distribute. Microsoft isn't providing any specifics on what a muckle mightiness face suchlike, let solo a new live or CEO (which the Insider says would be a operative next propose.

As of 1:54pm oriental, Character shares are up 9.84 pct after this current brouhaha.

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