Carl Icahn

Icahn denies Time Warner stake build

Activist investor Carl Icahn has angrily denied he is quietly building a stake in US media giant Time Warner. Reports emerged in recent days suggesting Icahn was building an equity stake in the company, which houses HBO, Warner Bros. Entertainment and Turner Broadcasting System. However, Icahn told CNBC: “I don’t own one share of Time […]

Icahn sells Netflix, touts Apple as representing “same opportunity”

US investor Carl Icahn has sold the last of his shares in Netflix and has recommended investing in Apple.  In a Tweet yesterday, Icahn said: “Sold last of our $NFLX today. Believe $AAPL currently represents same opportunity we stated NFLX offered several years ago.” Icahn invested in Netflix stock three years ago when the SVoD […]

Apple to make ‘dramatic’ TV push, says investor Icahn

Billionaire investor and Apple shareholder, Carl Icahn, said he expects the firm to make a “more dramatic push” into the TV market next year.  In an open letter, addressed to Apple CEO Tim Cook, Icahn said he believes TV’s role in the living room is a “strategically compelling bolt-on to the Apple ecosystem” and predicted […]

Carl Icahn urges Apple to add UHD TV set to its product line-up

Billionaire investor and Apple shareholder, Carl Icahn, has written an open letter to Apple in which he urges the company to add a ultra high definition TV set “to the Apple ecosystem.” In a letter signed by Icahn, his son Brett Icahn and investment partner David Schechter, the trio said that while Apple has to […]

Carl Icahn sells Netflix shares for bumper US$819 million

Billionaire investor Carl Icahn has sold more than half of his shares in streaming site Netflix in deals that have pocketed him more than US$800 million (€584 million). According to an SEC filing issued yesterday, Icahn sold 2.98 million shares – around 5.1% of his 9.4% stake – over 12 days beginning October 10. The […]

Apple buys second screen TV app

Apple has reportedly acquired second screen TV app, a recommendation service that combines programming guides for online video services like Hulu and Netflix. The deal was first reported by tech site VentureBeat, which said that Apple is thought have paid between US$1 million and US$1.5 million for the service that closed down to the […]