Let’s be honest–even with the sassy stylings of CEO Carol Bartz, who will be appearing at her first Yahoo annual meeting this morning, there are few of these affairs that are even remotely exciting.

Last year’s Yahoo meeting did have a frisson of possibility, since billionaire investor Carl Icahn and Microsoft (MSFT) CEO Steve Ballmer were fixing to put the double squeeze on the board and, especially, its then-CEO and co-founder, Jerry Yang. Also, major Yahoo (YHOO) shareholders threatened a revolt.

But, no. In the end, Carl gave in and took a Yahoo directorship, Microsoft wandered off in a corporate huff and Yang and the board managed to get dinged by angry investors, but not donged.

This year, the stock has improved, hovering in the $15 a share range, although it is still pretty moribund.

“I am too tired of Yahoo stock to be angry any more,” said one major shareholder. “It is just wait-and-see what Bartz will do now for a lot of us.”

This year, most of the same 12-member board, now including Bartz, is up for reelection and it is unlikely they will get even a bad grade. Yahoo will also ask for approval of its accounting firm (yaaaaawn).

As to other stuff going on in the ballroom of the Santa Clara Marriott–yes, it is that boring!–in Silicon Valley, there are several important votes before the shareholders tomorrow.

One is a standard proposal regarding executive compensation or a “say on pay” proposal, which will be introduced by an outside stockholder.

Yahoo’s board is recommending against it, natch, because it would apparently be a horror show if actual owners of a company got to weigh in on what execs are paid in a significant way.

Another proposal, put forward by the company and thought of internally as an uphill battle, regards changes to be made to a 1995 stock plan and to a 1996 employee stock purchase plan.

The latter is most important, a request to authorize more shares for future employee options grants, which will be a large addition to the pool–30 million more shares–if authorized. The stock will be used to keep valuable Yahoo talent in place.

Frankly, with departures continuing, Yahoo could use the share ammo.

Lastly, you can read all the good stuff–like about salaries and bonuses, deserved or, more typically, otherwise–in Yahoo’s proxy statements here.

BoomTown will begin liveblogging the annual meeting at 10 am PDT, after doubtlessly enjoying a lovely Yahoo-sanctioned breakfast pastry.

Last week, BoomTown turned partisan in what is perhaps our only truly fair election these days: “Dancing With the Stars.”

Because he is so lovably dorktastic, it seems as if Silicon Valley has to pull out all the stops to make sure the anti-Fred Astaire stylings of Apple (APPL) co-founder Steve Wozniak remain in the television competition.

Woe to everyone when it was revealed that he had hurt himself dancing, with a fractured leg.

But–unlike other competitors who have been sidelined by injuries–Woz is sticking, and is headed into a quickstep routine tonight.

There are several updates by Woz on his Facebook page here, with one note yesterday saying, in part:

“I found that I was getting delirious from the energy expenditure of yesterday and I could barely walk at all, even in my socks. I have never looked so funny or so in pain in my life. It took me about 5 minutes just to maneuver my body into the bathtub. I don’t take baths normally, and anyone who knows me knows that it would take a great occasion or emergency to get me into a bath, but I needed it badly.”

TMI! But let’s try to ignore it and move on!

The next broadcast of “Dancing with the Stars” is tonight at 8 p.m. EST, with the voting open for various times after the show via phone, SMS or online. Also, Chicago-style, you can vote up to 13 times, but check with the ABC site for all the rules.

The first results show is tomorrow night. That’ll be scary given that Woz scored a paltry 13 points from the snotty judges for last week’s cha-cha disaster, although it’s not clear what the public thought of his debut dance.

So, if his quickstep is–it has to be said–like quicksand, stuffing the ballot box is the only option for geek domination.

As you will see from this video of his first outing, Woz needs all the help he can get:

Not many online videos have sequels, but the one below–featuring a passel of celebrities, including Tom Cruise, Will Smith, Borat, Leonardo DiCaprio, Julia Roberts, Justin Timberlake, Scarlett Johansson and Harrison Ford–is one and even has famed director Steven Spielberg at the helm.

It is a follow-up to a PSA I posted earlier this month called “Hollywood Declares Themselves,” encouraging young people to vote.

It is from the nonpartisan group Declare Yourself, which has also put out the “Muzzler”/Jessica Alba get-out-the-vote advertising and video.

Declare Yourself is partnering with Google, YouTube and MySpace to distribute the new video, which has been produced by DiCaprio’s Appian Way .

Declare Yourself claims that “since it first debuted on Oct. 1st, the PSA has been viewed over 5,000,000 times. According to all major voting registration sites, including Google, Rock the Vote, and Declare Yourself, over 300,000 new voters registered due to the video alone.”

Here is the new video and also the previous two under it:

Spielberg Directs!

Hollywood Declares Themselves

“Muzzler”/Jessica Alba

One of the more interesting developments of this election cycle has been the boom in viral online videos being used–from a plethora of political spoofs of the candidates to educational videos to people simply venting.

And those pushing citizens, especially young people, to register to vote have been using the boom in online video too.

Last week, BoomTown featured one effort by a passel of celebrities to snarkily get people to vote by telling them not to (but not really).

This week, actress Jessica Alba turns into a Home Shopping Network maniac by hawking “The Muzzler,” for those who don’t vote.

It’s a lot over the top–including featuring a pink muzzle on indestructible “Heroes” cheerleader Hayden Panettiere.

But it does get the point through like a sledge hammer that it is important to vote in the Nov. 4 election.

Alba has already posed for several shocking pictures for the group doing the video–Declare Yourself, a national nonpartisan group dedicated to getting young people to vote–including wearing a muzzle and being bound by electric tape.

So, whoever you plan to vote for, here is a list of deadlines to register to vote in the 50 states, with many being today and the rest of this week.

And, here’s the Muzzler video:

Here’s an interesting online video, in which a passel of celebrities urge young people to vote.

It begins with them urging youth not to vote, in that hipster, sarcastic, of-course-we-really-mean-you-should-vote-you-dope tone.

The nonpartisan PSA–well, honestly, it does lean decidedly liberal–has been produced by actor Leonardo DiCaprio’s Appian Way and includes DiCaprio, Jennifer Aniston, Dustin Hoffman, Eva Longoria, Forest Whitaker, Ellen DeGeneres, among others.

Also, inexplicably, comic Sarah Silverman taking off her bra to prompt young people into civic action.

And if that’s not reason enough to prompt you to register to vote–deadlines are looming for the upcoming election–and get to the voting booths on Nov. 4, BoomTown does not know what is.

Here’s the video:

I suppose that’s the reason Microsoft is not loaded for bear and headed back down to Sunnyvale to make another play for Yahoo right now.

Not even after Jerry Yang orchestrated activist investor Carl Icahn’s defenestration, by inviting him on the board at Yahoo (YHOO), where he will be 100 percent silenced.

Not even after the stranger-than-fiction shareholder vote miscount (oops–we thought no meant yes!).

Not even after Yahoo stock’s consistent flirting-with-the-teens price.

Not even after its second-quarter results made it clear that it’ll be an uphill battle for Yahoo management to achieve the aggressive financial plans outlined when the Internet company was fending off Microsoft’s takeover bid.

So while opportunity is surely knocking for Microsoft (MSFT), especially if it wants to reach its stated goal of competing with Google (GOOG) in the online space, the software giant prefers not to answer the door right now.

Sources close to Microsoft’s thinking say the company is waiting for the right time, when Yahoo’s stock price is even lower and when Wall Street completely gives up on management, to figure out the next move.

Instead of acting, according to sources, and taking more flak for those actions, the whole brain trust up there is taking a breather and biding its time.

(In fact, many top Microsoft execs are on vacation, which is why August is a good time for Yang–who is himself headed to China for the Olympics–not to worry about a hostile attack.)

The strategy? Sitting in the grass–waiting, watching and making plans.

But, in truth, Microsoft cannot really make plans–except for the vague we’ll-keep-coming-and-coming in the online search and display business motto–until it decides the best way to reach its intended goals.

The first order of business, of course, remains the selection of a digital czar, which was promised by Microsoft CEO Steve Ballmer after top exec Kevin Johnson quit unexpectedly several weeks ago.

As BoomTown previously reported, the top inside contender is SVP Brian McAndrews, who came to Microsoft via its pricey $6 billion acquisition of aQuantive.

And Microsoft’s future-of-software guru Ray Ozzie remains a favorite choice of the troops.

But, sources said, Ballmer is still interested in a possible high-profile outsider coming in to shake things up.

The problem is, most such execs see the job for what it is–a potential tar baby that will only muck their careers up and produce no easy victories.

“Who wants the headache?,” said one outside exec who has been contacted by Microsoft. “While there might be upside there, the downside is much more significant.”

Thus, sitting very still for now might, indeed, be Microsoft’s best choice. It certainly is a lot less messy.

“Is that all there is, is that all there is.
If that’s all there is my friends, then let’s keep dancing.
Let’s break out the booze and have a ball,
If that’s all there is.”

Peggy Lee sang it best about troubled times in the classic song “Is That All There Is?”

But, dancing and making a video about dancing is obviously something that elevates Yahoo (YHOO), which is no small thing in this tough period for the iconic Internet company.

In the video below, Yahoo’s Yodel Anecdotal Blog Editor Nicki Dugan (whom BoomTown is immediately offering a job as AllThingsD.com video chief) takes the well-known dancing-fool Internet celeb Matt Harding of the Where the Hell Is Matt? Web site and places him all over Yahoo for 33 dancing sessions.

The video was recently shown at the company’s all-hands meeting, and it is simply delightful to see Yahoos looking happy simply by tripping the light fantastic.

I think activist shareholder Carl Icahn should make Harding one of his picks for the Yahoo board. (Icahn was officially appointed to the board yesterday, and his two board picks will be revealed Aug. 15.)

Highlights of the video of Harding dancing at Yahoo include Co-Founder David Filo’s infamous mess of a cube, a video conference jig with the team in Burbank, doing a sitting-down boogie with President Sue Decker, having a tango with Yahoo’s Purple Cow and a hip-shaking visit to “Frenemy Territory” at Google.

Best of all, of course, is a do-si-do with Yahoo Co-Founder and CEO Jerry Yang, who seems to be channeling an odd combination of Tony Manero in “Saturday Night Fever” and Barney the purple–how perfect!–dinosaur in his dance stylings. (Enter a caption contest here related to the picture above.)

Happily, this is the kind of dancing it is enjoyable to see Yang doing, because the two-stepping, shuffling and tap-dancing he is going to have to do to stay in power–after the much less sanguine shareholder vote this past week–is going to be much less fun to watch.

Here’s the video from Yahoo (all credit to Dugan and Yahoo) and the wonderful “Dancing 2008″ video that Harding did all over the world (I dare you not to smile):

Broadridge Financial Solutions’ corrected tabulation of the vote at the Yahoo annual meeting on Aug. 1, without the “truncation errors,” came out and, it seems, shareholders are actually mighty irked at Yahoo leadership.

Most glaringly, the new result shows Yahoo CEO Jerry Yang’s disapproval more than double what was previously reported, rising from 14.6 percent votes withheld to 33.7 percent. Yahoo Chairman Roy Bostock saw his shares withheld rise from 20.5 percent to 39.6 percent.

Yang (pictured here), who has been under fire for his management of Yahoo (YHOO), is likely to now endure yet another round of questioning about whether he should stay in his job in the wake of this massive show of disapproval by investors.

Here is part of Yahoo’s press release, with the correct and incorrect tables below:

Yahoo! Acknowledges Tabulation Error by Broadridge

Jerry Yang (893,055,602/85.4%; 153,039,982/14.6%)

Here’s the full statement (below) from the outside firm, Broadridge Financial Solutions, that tabulated Yahoo’s recent shareholder vote.

Bottom line: An underreporting of shares withheld for certain directors, which the Lake Success, N.Y., shareholder services firm is calling an “isolated incident” and also a “truncation error.”

That sounds painful.

And it is likely Yahoo CEO Jerry Yang will feel much of that pain, as sources said the shares are largely those that were withheld from him by disgruntled shareholders.

While the mistake will not change the vote’s overall outcome, in which all current Yahoo (YHOO) directors were re-elected, it will surely make the no-vote tally worse than first reported for many directors, and underline more clearly the increased investor disappointment directed at Yahoo leadership.

As reported Friday, for example, Yang only had 14.6 percent withheld, with 85.4 percent voting for him, which was better than the year before.

A Yahoo spokesman said the company was redoing its results, based on the new information, and would release the new numbers soon. The Internet company did not do the vote tabulation.

The examination of the results was prompted by an unusually positive Yahoo shareholder vote, when it did not seem to include the withheld votes of one major Yahoo shareholder.

Thus, Capital Research & Management asked Broadridge for a recount of its votes.

The problem centered on how shares were tallied in the Yahoo annual meeting, specifically related to a group of votes withheld by Capital Research Global Investors.

That fund owns almost seven percent of Yahoo, and its head, Gordon Crawford, had recommended withholding votes from Yahoo.

Here is the statement from Chuck Callan, Senior Vice President Regulatory Affairs at Broadridge:

On August 4, Broadridge was notified by an investor of a potential discrepancy in a reported vote at the Yahoo Annual Meeting on August 1.

On August 4th Broadridge notified Yahoo’s Inspector of Elections and Tabulator of the problem, and a revised report was issued on August 5th.

All Yahoo needs now is for former Florida Secretary of State Katherine Harris to show up and start recounting votes.

It could happen, given all the crazy characters who have been drawn to the much-beleaguered Internet company like a magnet, in 2008.

It’s almost as if there is a voodoo curse on Yahoo (YHOO).

So, you didn’t think the digital gods would let it have more than one weekend of good news, did you?

No, they will not, it seems.

After the annual meeting last Friday, which went off without a hitch and, more importantly, without an expected major shareholder vote against the company’s management and board, you could feel a palpable easing of tension among Yahoo leadership and its exhausted PR team.

By Monday, the Yahoo shareholder kerfuffle–in essence, one major shareholder of Yahoo has asked for its outside tabulator of investor votes at the annual meeting for a recount–had landed with a thud.

The problem is how shares were tallied in the Yahoo annual meeting, specifically around whether a group of votes withheld by Capital Research Global Investors was not counted, counted incorrectly or even voted incorrectly by the investor.

Parent company Capital Research & Management confirmed that it had asked Broadridge Financial Solutions, a Lake Success, N.Y.-based financial services company that does securities clearing and processing, to investigate whether those votes were correctly counted on behalf of its Capital Research Global Investors fund.

Capital Research Global Investors–one of two funds separately managed at Capital Research & Management–owns 6.5 percent of Yahoo, according to recent filings, and Capital World Investors owns 9.8 percent.

Capital Research Global Investors is run by legendary media investor Gordon Crawford (pictured here), who has become disenchanted with Yahoo over the last year.

Because of that, sources close to the fund’s thinking said Crawford had recommended that the fund withhold votes from CEO Jerry Yang and some other board members.

It’s not clear whether that actually happened or, if it did, whether the votes were tallied properly.

That’s because Yang, for example, only had 14.6 percent withheld, with 85.4 percent voting for him.

The votes withheld seemed low to Capital, considering Crawford’s large stake and how many shareholders have been deeply unhappy with Yahoo management this year.

Instead, overall results for Yang and the Yahoo board were mostly better than last year.

Everyone is investigating, of course–from Capital Research to Broadridge to Yahoo, which does not do its own tabulation, although it has hired an outside proxy solicitor to manage the process–to try to find out what’s what.

It is likely there’s a nonsinister reason for the voting results.

And there might be a lot of possible explanations, but I am partial to blaming the confusion that followed after activist investor Carl Icahn pulled his proxy fight a week before the meeting and made nice with Yahoo.

Unfortunately, Icahn’s golden proxy ballot was already in the hands of investors, many of whom might have voted for it and then had that vote essentially voided.

Wrote one BoomTown reader and Yahoo shareholder:

“I hold 23,000 shares of YHOO. I had 17,000 on the date of record. I voted to ‘withhold all’ … I think twice. Then I voted for all of Carl’s team. Now I have learned that the Carl votes did not count and a day AFTER the annual meeting I received my new ballot. I wonder how many other people were disenfranchised??? Who can I complain to?? Is this how Jerry got his support??”

Another commenter on the site also wrote:

“As a stockholder, I was curious *which* of my proxy letters actually was counted–I received four. One was from Icahn, the other three were from Yahoo. The last of which arrived today, August 4th. Does this strike anyone as odd?”

Actually, Yahoo’s twisting journey passed odd a long time ago and is now headed toward “The X-Files” territory.

(So let’s all triple-hope Yang’s upcoming trip to China for the Olympics goes smoothly. Have a good time, Jerry, we’ll be back here counting!)

There is a mini-tempest brewing over how shares were tallied in the Yahoo annual meeting last Friday, specifically around whether a group of votes withheld by one of Yahoo’s major shareholders was not counted, counted incorrectly or even voted incorrectly by the investor.

According to sources close to the thinking at Capital Research & Management, the proxy committees for its two large funds that hold a significant stake in Yahoo (YHOO) recommended last week that they withhold votes specifically from CEO Jerry Yang and from various board members, such as Chairman Roy Bostock, to register disappointment with their performance.

Thus, the investment fund confirmed it had approached outside vote tabulator Broadridge Financial Solutions, a Lake Success, N.Y.-based financial services company that does securities clearing and processing, to investigate whether those votes were correctly counted on behalf of its Capital Research Global Investors fund.

Capital Research Global Investors–one of two funds separately managed at Capital Research & Management–owns 6.5 percent of Yahoo, according to recent filings, and Capital World Investors owns 9.8 percent.

Capital Research Global Investors’ investor Gordon Crawford has been vocal about his disappointment with Yang and the board at Yahoo.

And sources close to the fund’s thinking said Crawford recommended that it withhold votes from Yang and some other board members.

Capital World Investors has been less critical of Yahoo, but sources said it was also leaning toward voting at least some of its stake against the company’s leadership.

But Yang, for example, only had 14.6 percent withheld, with 85.4 percent voting for him. Bostock fared worse, grabbing only 79.5 percent of the yes vote, with 20.5 percent withheld.

That would mean, assuming a large part of Capital Research’s votes to withhold were counted, that only a few other investors voted against Yahoo.

This is highly unusual in a year when many shareholders have been deeply unhappy with its management.

But, in fact, overall results for both Yang and Bostock were actually better than last year.

I called Broadridge for comment and am awaiting a response.

Yahoo does not do its own tabulation, which must be done by a third party, although it has hired MacKenzie Partners as a proxy solicitor to manage the process.

Said a spokesman in response to my inquiry about the situation:

“The independent inspector of elections certified the results of the election and Yahoo! accurately announced those results. Yahoo! did not participate in the execution of the votes and was not a party to any errors which may have been made either by a voting institution or a proxy processing intermediary acting on behalf of banks, brokers and institutions.”

While the recommendations of the proxy committees at Capital Research are apparently not binding on some individual directors of smaller funds that make up the larger ones, they typically follow along with the overall decision from the top.

They might not have in this case, of course, or they might not have voted the shares at all, although it is also possible they could have voted incorrectly or that the votes were not tallied properly.

This is better than a hanging chad!

Another unusual issue around the voting: The amazing drop in the number of shares that were voted at all.

In 2008’s shareholder tally (see below for individual director numbers), only 75.8 percent, or 1,046,095,584 out of 1,381,008,701 possible share votes, were cast.

There were 1,205,435,371 votes cast in 2007 and 1,276,175,601 in 2006, a much higher percentage of overall votes.

Sources at Yahoo speculated that this could be due to the fact that most investors vote automatically in an uncontested election and were waiting for an outcome in the proxy fight between activist investor Carl Icahn and Yahoo.

After that issue was settled right before the annual meeting, though, some investors might not have even bothered to vote.

More to come, but here are the pertinent stats on the Yahoo vote as of Friday:

Roy J. Bostock (Shares for: 832,023,657/79.5 %; Shares Withheld: 214,071,927/20.5%)

Ronald W. Burkle (849,373,291/81.2%; 196,722,293/18.8%)

Eric Hippeau (948,862,579/90.7%; 97,233,005/9.3%)

Vyomesh Joshi (971,594,650/92.9%; 74,500,934/7.1%)

Arthur H. Kern (814,871,925/77.9%; 231,223,659 /22.1%)

Robert A. Kotick (967,044,818; 92.4%; 79,050,766/7.6%)

Mary Agnes Wilderotter (964,939,727/92.2%; 81,155,857/7.8%)

Gary L. Wilson (856,006,576/81.8%; 190,089,008/18.2%)

Jerry Yang (893,055,602/85.4%; 153,039,982/14.6%)

After its annual meeting today, as its board members had lunch together, Yahoo released the results of its shareholder vote and it seems we will still have CEO Jerry Yang to kick around some more.

Yang garnered 85.4 percent of the shares to stay on as a director of the Internet company, with 14.6 percent withheld.

While having almost 15 percent of your investors think you are not worthy is not good, it is also not nearly as bad as it could have been.

In fact, overall results are actually better than last year. Thus, being attacked by Microsoft (MSFT) and activist investor Carl Icahn has had a dulcet effect on Yang’s image.

Yahoo Chairman Roy Bostock fared worse, grabbing only 79.5 percent of the yes vote, with 20.5 percent withheld.

Yahoo (YHOO) stockholders dinged three outside proposals: a pay-for-superior-performance principle for executive compensation, the establishment of policies on Internet censorship, and the creation of a board committee on human rights.

The board also officially put Icahn in the seat vacated by Activision (ATVID) CEO Robert Kotick (whose vote was among the best, ironically, with 92.4 percent for and 7.6 percent withheld).

It also expanded the board to 11 from 9, but will not announce the two new members until Aug. 15.

Former AOL head Jon Miller, who was one of the likely picks, is apparently being blocked by Time Warner via a noncompete agreement. Miller was bounced from AOL some years ago.

Miller was called directly by Time Warner (TWX) CEO Jeff Bewkes last night, sources said, and was told by Bewkes, “We’ve changed our mind.”

More on this idiotic development from the AOL owner next.

Until then, here are the pertinent stats on the Yahoo vote:

Roy J. Bostock (Shares for: 832,023,657/79.5%; Shares Withheld: 214,071,927/20.5%)

Ronald W. Burkle (849,373,291/81.2%; 196,722,293/18.8%)

Eric Hippeau (948,862,579/90.7%; 97,233,005/9.3%)

Vyomesh Joshi (971,594,650/92.9%; 74,500,934/7.1%)

Arthur H. Kern (814,871,925/77.9%; 231,223,659 /22.1%)

Robert A. Kotick (967,044,818; 92.4%; 79,050,766/7.6%)

Mary Agnes Wilderotter (964,939,727/92.2%; 81,155,857/7.8%)

Gary L. Wilson (856,006,576/81.8%; 190,089,008/18.2%)

Jerry Yang (893,055,602/85.4%; 153,039,982/14.6%)