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Online auction giant eBay looks to have found a way to escape its unhappy marriage with Skype, announcing plans to spin the internet telephony champion off in an IPO (Initial Public Offering).
Niklas Zennstrom, co founder of internet telephony champion Skype, stepped down as CEO of the company Monday night. Zennstrom’s departure comes as eBay wrote down the value of its Skype acquisition, admitting that it paid almost $1bn too much for the company in 2005, when it shelled out $2.6bn. As a result, eBay said a [...]
Vodafone has struck a deal with online auction house eBay to offer a dedicated downloadable mobile application for the service. The eBay application will be free to download on Vodafone live! or embedded on key handsets. The offering will launch initially in Italy initially and will be made available across Europe later this year. The [...]