Starboard is one of Yahoo's largest shareholders and has grown increasingly frustrated with the tech company's turnaround efforts.
Meanwhile, IBM, which narrowly beat estimates late Monday and offered hints of confidence at a turnaround in tech spending, was down 69 cents, or 0.7%, to $99.74.
Corporate venture funds invested $583 million in start-ups in the first three months of the year, according to the National Venture Capital Association, up from $443 million in the same period last year and $245 million in 2009, before tech investing began its rapid turnaround.
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But it was the Nasdaq Composite Index that staged the most impressive turnaround, considering the pressure tech stocks have been under lately.
Apple did acquire NeXT in the process, and some NeXT tech was helpful to Apple's turnaround, but NeXT was something other than Sorkin suggests.
BlackBerry is rolling out a number of new enterprise-focused features and partnerships today, which is a sign that CEO John Chen is on the right track when it comes to effecting a workable turnaround for the beleaguered Canadian tech firm.
The continued demise of old new tech heavyweights Don't expect any magic turnarounds from RIM, HP, AOL, and Yahoo!
