Tuesday, September 1, 2009
Sold, Finally: eBay Ditches 65 Percent of Skype for $1.9 Billion
You can now formally call off eBay’s efforts to spin off Skype–not that many people took them seriously to begin with. The company has sold off 65 percent of its internet telephony business to a consortium of private investors for $1.9 billion. The deal puts Skype’s overall value at $2.75 billion, a bit more than the $2.6 billion eBay paid for the company in 2005.




Web start-ups that plan to make money from advertising are having a rough time raising money. But Web start-ups that say they’ll do it by charging customers something? Still possible.