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...eBay spending $2.6 billion to buy a $60 million Internet phone company called Skype that has yet to turn a profit? During a presentation to investors this week, eBay CEO Meg Whitman used 75 PowerPoint slides to justify her intense, and expensive, interest in Skype, but analysts were skeptical. Whitman enthusiastically pitched the idea that Skype, a free service that lets users talk to each other via computer, would increase eBay's transaction volume by making it easier for buyers and sellers to talk to each other. She theorized that eBay could start collecting new fees from its users...

Author: /time Magazine | Title: Why Did eBay Bid on Skype? | 9/14/2005 | See Source »

...deal is a desperate attempt by eBay to find new subscribers and to stem fraud. EBay is not alone on the internet phone bandwagon. In the past few weeks, Google introduced Google Talk, a voice/instant message service, and Microsoft announced that it would buy Teleo, a competitor to Skype...

Author: /time Magazine | Title: Why Did eBay Bid on Skype? | 9/14/2005 | See Source »

...Motorola will next year introduce a "significant" number of wi-fi phones. Indeed, Motorola has made a deal with the company that many phone firms associate with the Devil; its mix of products next year is expected to include a phone loaded with software from Luxembourg-based VoIP firm Skype, whose users can make free VoIP calls to each other. Skype has signed up 51 million "registered" users of its software, though probably less than half of those actually use it. Many Skype users call from their PCs, laptops and handheld devices via fixed or wi-fi-accessed broadband lines...

Author: /time Magazine | Title: The Mobile Snatchers | 9/4/2005 | See Source »

Instant messaging is already well established, of course. Yahoo!, MSN and AOL (owned by TIME's parent company, Time Warner) have offered it for years. And Net telephony provider Skype has 51 million people using its system. So why would Google, with an $80 billion empire built entirely on search, bother playing catch-up on a product that seems unlikely to earn it much money? The same reason a hotel offers free wi-fi, says Scott Cleland, CEO of Precursor, an investment research firm. "They're not doing it to make money on wi-fi. It's to get people...

Author: /time Magazine | Title: Google: Catching Up to Stay Ahead | 8/28/2005 | See Source »

Surely over the next few years Harvard students and others will follow suit, adopting en masse software like Skype, a sort of VoIP-meets-instant-message program allowing free high quality real-time voice chat with other Skype users. The real goal, however, is not to improve our blocking group dinner coordination systems. Rather, it’s to ensure that some time down the road, VoIP will take telecommunications in the third world and, despite the odds, render it from a convoluted and corruption-riddled endeavor into a foregone conclusion the whole world enjoys without a second thought...

Author: By Matthew A. Gline, | Title: Cheap Talk | 10/25/2004 | See Source »

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