Carl Icahn

(Newser) - Bundlers have become the stars of 2008 campaign fundraising, the accounting for one-quarter of all money raised in the presidential race—up from 8% in 2000. Donors sought new inroads when soft money was restricted, and the gathering of donations has become “the chief source of abuse,” says...

(Newser) - Software maker BEA Systems is under pressure from shareholder Carl Icahn to sell, but executives say this week’s $6.7 billion offer by Oracle is too low. Icahn agreed the unsolicited bid wasn’t good enough but said he was pleased an offer was made, the New York Times...

(Newser) - Motorola posted its second consecutive quarterly loss yesterday, amplifying calls for the ouster of CEO Ed Zander. Despite the popularity of the Razr handset, the company has likely ceded its second-place position in the cellphone wars to Samsung, and now analysts are doubting it'll turn a profit this year.

(Newser) - Riding high on the success of its sleek Razr cellphone, Motorola got cocky and didn't come up with a suitable successor, the Wall Street Journal reports, and the misstep cost the company big bucks. While Motorola struggled to keep up with emerging technology and wrestled with management upheaval, competitors moved...