eBay released a statement on Wednesday afternoon confirming that, as speculated, it has acquired Web site discovery service StumbleUpon. The price, according to eBay, is approximately US$75 million.
eBay has been forced to reassess the value of Skype -- a company it acquired for US$2.6 billion -- not to mention its overall strategy for making money with VoIP.
eBay plans to buy Net telephone provider Skype in a move aimed at boosting its sales volumes and supplying seamless voice communications to its consumers.
Net phone phenomenon Skype is preparing to expand its menu of paid services, hastening efforts to evolve from a free provider of niche services into a profitable company that could give industry giants a run for their money.
Examined using several different metrics, Microsoft's bid for Yahoo could create one of the world's largest Web companies.
Software-based phones are coming to the fore as big changes come to the way people make calls.
Supersize me. If technology companies ranging from software powerhouse Oracle to fast-growing Net hotshot Skype could share a motto, it would be that oft-ridiculed fast-food pitch.
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