Ebay Realizes a Mistake

Well the Skype bubble burst. Ebay has admitted that they paid $1 billion too much for the company. Most people realized that a long time ago, and the founders of Skype have given the boot or reassigned.

I never understood the acquisition in the first place. No need to rehash it, but the market for voip is crowded and getting even more so. Ebay should sell it or spin it off and focus on auctions.

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