With the spin-out from eBay complete, and its legal troubles with founders Niklas Zennstrom and Janus Friis settled, Skype is looking to the future, where it wants to become a ubiquitous real-time communications platform. And that means thinking about the next generation Skype architecture and also hiring a lot of smart people, said CEO Josh [...] Continue »
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AmEx to Buy Revolution Money for $300 Million
American Express, the company well known for overpriced charge cards, is buying Ted Leonsis and Steve Case’s Revolution Money for $300 million. Leonsis shared this information on his blog. Amex wants to use Revolution Money to build a next-generation offering. Revolution Money has some kind of a next-generation payments technology that brings together offline and [...] Continue »
Pirate Bay’s Tracker Shutdown Won’t Snuff Torrents
The Pirate Bay is shutting down its tracker technology, its crew announced in a blog post that only accentuated the positive, in a move that follows a multiyear hailstorm of legal machinations, jail sentences thrown at founders, and constant public scrutiny. The positive spin in the blog post is reminiscent of the founders’ claims that [...] Continue »
Former eBay CEO Meg Whitman Defends Skype Buy
Meg Whitman, former chief executive officer of eBay, defended her decision to buy Skype in a radio interview with KTKZ’s Capitol Hour featuring Eric Hogue. Whitman is running for the office of the Governor of California on a Republican ticket, and is currently leading in the Republican primaries. Here is what she had to say [...] Continue »
Why Free Wi-Fi Marketing Is Smart
Maybe we should chalk it up to the upcoming season of jolly, but lately it seems like everyone wants to give away free Wi-Fi access to travelers. Well, free as long as you watch an ad or a promo for whichever company is sponsoring it, such as Yahoo, Microsoft and now Google. But while we [...] Continue »
How Skype Can Quickly and Easily Become a Social Network (and Clean Facebook’s Clock)
As a longtime Skype user who never felt that the service fit with eBay, I was thrilled to hear that it’s being spun off. And now I have some thoughts on how it can quickly and easily become an equally successful social network.
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My Thoughts on the Skype Settlement: Winners & Losers Scorecard
The final results are in: eBay and private investors led by Silver Lake Partners have struck a deal with Skype founders and JoltID, the technology company controlled by Skype founders Niklas Zennström and Janus Friis. They are also transferring the ownership of intellectual property needed to make sure that Skype works as an Internet telephony [...] Continue »
Skype Founders Fight Their Way Into the New Skype
The great Skype legal mess is about to come to an end, thanks to a settlement between eBay — and private investors led by Silver Lake Partners — and Skype co-founders Niklas Zennstrom and Janus Friis. As part of the deal, the two Skype founders will get 10 percent of the company in exchange for [...] Continue »
Further Details Emerge As Skype & Its Founders Close to Settlement
There is a good likelihood that Skype; its founders, Niklas Zennstrom and Janus Friis; and a group of private equity investors led by Silver Lake Partners are close to settling their legal disputes, allowing eBay to sell 65 percent of Skype for about $2 billion. I had first reported the news this past weekend. As part of the settlement, Zennstrom and Friis are likely to get a board representation, and there is some talk of Index Ventures being out of the deal as well. Continue »
PayPal’s (Partially) Open Platform to Usher in New Payment Models & Apps
PayPal is opening up substantial parts of its global transactional engine, extending the open platform dubbed “PayPal X,” company executives announced this morning at PayPal’s X Innovate 2009 developer conference in San Francisco. PayPal developers and users now have access to a slew of new APIs, ranging from an extended version of the Adaptive Payments [...] Continue »
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