Technology shares marched higher as the battle for Yahoo took a new turn Thursday after Carl Icahn put forth a 10-member slate of directors for the Internet giant, saying it had "completely botched" negotiations with Microsoft Corp. Billionaire investor Icahn said he has acquired 59 million shares of Yahoo stock during the past 10 days and has applied for FTC clearance to buy $2.5 billion worth of the company's shares. Icahn said the current Yahoo board "acted irrationally and lost the faith of shareholders" when it turned down Microsoft's.

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