Tag Archive: skype
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The Skype Chickens Come Home To Roost at eBay
Here’s the story: AP: EBay loses $936M in 3Q on Skype charges
Early this month, eBay announced it would take a $900 million write-down in the value of Skype. That impairment charge essentially acknowledged that eBay executives drastically overvalued the $2.6 billion Skype acquisition, completed in October 2005.
"We are disappointed — obviously — by the […]
