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Since acquiring Skype, Skype has been devalued. Ebay is losing money because of the acquisition and what should Ebay do? Dump them...
Since acquiring Skype, Skype has been devalued. Ebay is losing money because of the acquisition and what should Ebay do? Dump them...
Quote
On Monday, eBay said it would take a $900 million so-called impairment write-down against the value of Skype. This means that eBay has been forced to reassess the value of the Internet telephony company relative to its overall business today. By recording a charge, the company is essentially saying that it has taken a loss on its original investment. In what looks like an attempt to shake things up at Skype and move the division in a new direction, eBay also said Monday that Skype co-founder and Chief Executive Niklas Zennstrom has stepped down.