Will eBay Sell Skype?
eBay (EBAY) has gone on the record saying that they will sell Skype if they fail to find ways of using Skype to support their core ecommerce business.
Richard Waters at the Financial Times got the scoop directly from eBay’s CEO John Donahoe:
“What we’re testing this year are the synergies,” Mr Donahoe told the Financial Times this week after Ebay reported its latest earnings. “If the synergies are strong, we’ll keep it in our portfolio. If not, we’ll reassess it.” That could lead to the disposal of the business, he indicated.
eBay purchased Skype 3 years ago and has failed to find ways of using Skype across its other products in this time, so it is unlikely that miracles will start happening for Skype in the next 8 months. A sale is likely late this year or in the first half of next year.
The news comes despite strong Q1 figures for Skype and others reports suggesting a Google buyout or alliance may be in the works.
Get Seeking Alpha Free Stock Alerts by Email!
Get Free Stock Alerts by Email!
ETFs In Focus
-
Editor's Picks
-
Most Popular
- Don't Believe the Gold Bears' Hype
- Freddie/Fannie Plans In Motion; Why Are They Being Underplayed?
- Hedge Funds Are Getting Their Butts Kicked Too
- Energy Independence: It's About Demand, Not Supply
- Housing Prices: Bottom or Temporary Bear Break?
- McCainomics: What Can He Do?
- Full list of Editor's Picks »
- Why Commodities May Be Nearing a Turning Point »
- Wall Street Breakfast: Must-Know News »
- Wall Street Breakfast: Must-Know News »
- Potash Corp. Update: Time To Buy? »
- Apple: Steve and I Have Been Wrong »
- Sarah Palin: Wall Street's Candidate »
- Precious Metals Manipulation: Lawyers Prepare for Battle »
- The Chinese Oil Problem »
- Three Reasons Solar Sell-off May Be in Early Innings »
- Gold Futures' Dirty Secret (Part II) »
- Wells Fargo Sham Revealed »
-
Long Ideas
-
Short Ideas
-
Cramer's Picks
- Global Equities Falling Through Support
- Don't Believe the Gold Bears' Hype
- Fannie & Freddie Bailout? - Fast Money Recap (9/5/08)
- Unconventional Energy Still Attractive - UBS
- Red Hat / Qumranet Deal Adds Fuel to the Virtualization Fire
- ETF Pick of the Week: iShares MSCI Netherlands
- Altria's Last Legal Hurdle Should Be Settled This Fall
- How Wal-Mart Really Beats Expectations
- Corning: Looking Very Cheap
- Leucadia's Key to Success
- Full list of Long Ideas »
- Nuance Communications: An End to Acquisitive Growth
- Short Interest Rising in Tesoro; Shorts Covering Airline Positions
- Harbinger Capital: Cut Short
- Not Much Meat on Pilgrim's Pride's Bones
- Salesforce.com: Demystifying the Force
- Should We Listen to Boone Pickens on Oil?
- Energy Conversion Devices: Ridiculously High Valuation
- Three Reasons Solar Sell-off May Be in Early Innings
- Is the Market Rolling Over?
- Solar and Oil, Part Deux
- Full list of Short Ideas »
- Fed Should Cut Rates - Cramer's Mad Money (9/5/08)
- Bullish on Wachovia - Cramer's Lightning Round (9/5/08)
- Worst Downgrades - Cramer's Stop Trading! (9/5/08)
- Pimco's Bill Gross: Jim Cramer Is 'Courageous' and 'Entertaining'
- Cramer Sees the Light - Cramer's Mad Money (9/4/08)
- Keep Buying Big Brown - Cramer's Lightning Round (9/4/08)
- Don't Buy These Bonds - Cramer's Stop Trading! (9/4/08)
- Loss of Integrity - Cramer's Mad Money Recap (9/3/08)
- Not Off the RIMM - Cramer's Lightning Round (9/3/08)
- Unbelievable Moves - Cramer's Stop Trading! (9/3/08)
- Full list of Cramers Picks »
Trading Center
Hedge Fund Jobs
Job Seekers: Search jobs by category, get job alerts by email or live feed, apply online See full list of jobs »
Employers: See all recruitment options, get applications online or by email Post a job »




This article has 7 comments:
Pseudonym
So what the Cable/DSL providers do is limit your upload speeds to make Skype or any other VOIP undesirable.
If you want to use VOIP, you have to pay for faster uploads which ends up costing you as much as just using VOIP from your cable/DSL provider and getting the higher speed for free.
------------------
eBay wanted to use Skype to dump customer service on the sellers. By integrating it into listings, the customers could call the sellers for free.
Sellers declined to offer free support; so it was a bad move ebays part.
Ebay has become the home of scams, stolen and fake merchandise. Now they are trying to become Amazon..good luck.
Pseudonym
They want to sell VOIP and they control the bandwidth, so they set the rules; which of course are in their favor...
The Wind
The Wind
sion