TechCrunch:
Skype CEO Josh Silverman can’t stop smiling in this video interview we recorded in Menlo Park this morning. And no wonder – despite serious legal and spinoff drama, Silverman has managed to close his multi-billion dollar spinoff of Skype from eBay. His legal troubles have evaporated. Skype is growing like a weed. And he’s m (Read More)
TECH.BLORGE.com:
Skype has finally been sold off from beleaguered auction house eBay, though they will retain a 30 percent stake in the company.
Skype, a leader in the Voice over Internet Protocol (VoIP) business, was purchased in Oct. 2005 by eBay in a [...]. (Read More)
pluGGd.in to Indian Startups and India Business:
So in the end, ebay, the online auction company sold Skype for $2.75 billion to investors group led by Silver Lake. At last the two architects of popular peer-to-peer calling service providers got something to cheer about as they bagged two seats on the Board of Directors.There has been on going controversy over copyrigh (Read More)
TechCrunch:
Like a love child of eBay and CouchSurfing.com or craigslist, AirBnB lets anyone that owns space fit for accommodating travelers – be it a couch in a small apartment or the master bedroom of a 19th-century castle – post that space as a listing on its website and connect potential renters to its respective owners. Once calle (Read More)
TechCrunch:
eBay has just announced that it has completed the sale of Skype, valuing the company at $2.75 billion. The investor consortium who is the buying party and will control an approximately 70 percent stake is an investor group led by Silver Lake and includes Joltid (i.e. the group founded by Skype’s founders) and certain affili (Read More)
All Things Digital:
By Dan Gillmor, Blogger, Mediactive
Pierre Omidyar, founder of eBay (EBAY), is launching a for-profit news startup in Hawaii, where he and his family live. This is important news, and not just because he’s involved.
Read the rest of this post on the original site
. (Read More)
Silicon Alley Insider:
Pierre Omidyar, who founded eBay and has billions to spare, says he's starting an online-only local news service based in Honolulu.Read the rest of this story »See Also:AOL's Local News Outfit Patch Hiring 10 Reporters, Saving JournalismeBay Financial Ratios (CHART)eBay's New Ad Campaign: We Sell New Stuff Too, You Know! (E (Read More)
Silicon Alley Insider:
Another big deal in the next-generation consumer financial products space.American Express (AXP) has just announced the acquisition of Steve Case's startup Revolution Money for $300 million.Read the rest of this story »See Also:Steve Case's PayPal Rival Raises $42 Million (EBAY)AOL Legends Steve Case, Ted Leonsis Join Tim A (Read More)
Silicon Alley Insider:
This is a report from our premium subscription research service The Internet Analyst. The Internet Analyst is currently in beta, with a formal launch coming towards the end of 2009. To sign up for a free beta trial, please submit your name and email address here. Google has launched two products in recent weeks that shoul (Read More)
TechCrunch:
When it comes to online auctions, most people think of the lengthy, generally unexciting (at least until the last few minutes) auctions found on eBay. But in the last year we’ve seen some more interesting action in the space — Swoopo is one site that comes to mind, but it is an “entertainment shopping” experience that has (Read More)
All Things Digital:
If spinning is an intense political skill, former eBay CEO Meg Whitman is doing her very best at trying to create a silk purse out of a sow’s ear.As Om Malik reports on GigaOm, Whitman–who is trying to nab the Republican gubernatorial nomination for California–told a radio interviewer recently that “actually I think Skype w (Read More)
TechCrunch:
A not so well thought-out feature – or defect – allows any LinkedIn user to indicate the company they work for has acquired, merged with or become a division of another company without any third-party verification whatsoever. Worse, when a user falsely claims company A has e.g. purchased company B, this will actually show u (Read More)
TechCrunch:
Earlier this week the domain name industry was rocked by a shill bidding scandal at SnapNames. The company made the right early moves by admitting the problem and promising refunds, plus interest, to customers. Now, though, they are forcing customers to release them from liability to get the refund. We this this is a mista (Read More)
TechCrunch:
Earlier this morning, Niklas Zennström and Janus Friis settled their lawsuits with eBay and a syndicate of investors in return for a 14 percent stake in the company they founded. The lawsuits were complicating the spin-off of Skype from eBay because the Skype founders still controlled the service’s underlying peer-to-peer (Read More)
TechCrunch:
eBay has just announced that it has reached a settlement with the founders of Skype, clearing the way for the sale of the Internet communication company to a consortium formed by private equity firm Silver Lake Partners, Andreessen Horowitz and the Canada Pension Plan Investment Board. Index Ventures, a historical investor (Read More)