I am a Skype user, but I hardly use it for any voice calls, and to be frank, the list of friends on my Skype is less than the number of fingers I have (I have 10). Voice call on the Internet is something I can definitely live without. Maybe it’s just that I don’t have the habit of practicing LDR :-P
Well, if they start buying up and charging for every word I print with WordPress (my blogging platform) or start charging me for my Gmail disk space, I’d start worrying.
EBay, the internet auction site, admitted yesterday that it had overpaid hugely for Skype, the internet telephone company.
EBay bought Skype in 2005 for $2.6 billion. Yesterday it warned shareholders that it would have to take an impairment charge of $900 million (?450 million) because it had valued the group too highly two years ago.
At the time of the deal, eBay said it would pay a maximum earn-out bonus of $1.7 billion based on various performance targets.
It said yesterday that it would pay only $530 million in cash to the Skype founders in the only and last payment of its kind.
Source: TimesOnline
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