We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
80,258 News Articles

eBay wants money back for Skype

CEO says VoIP service worth over $2bn

Online auction site eBay has revealed that it will only consider bids of over $2bn for its VoIP service Skype.

eBay bought Skype in 2005 for $2.6bn but now plans to spin off the business via an initial public offering, and financial analysts value the company at $2bn.

However, eBay chief executive John Donahoe told Reuters this figures was "too low".

"I think it's worth a lot and I think the numbers speak for themselves. There are not many properties that have that kind of growth," he added referencing the fact that Skype now has 400 million users.


IDG UK Sites

iPad mini 3 vs iPad mini 2 comparison: New iPad mini 3 isn't worth £80 more

IDG UK Sites

Why you shouldn't buy the iPad mini 3: No wonder Apple gave it 10 seconds of stage time

IDG UK Sites

View an animated vision of a better future for Ethiopian girls

IDG UK Sites

Should I upgrade from Mavericks to OS X 10.10 Yosemite? What you need to know before updating to...