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Microsoft blew $8.5 billion on Skype only to spend 14 years killing it
Friday February 28, 2025. 04:44 PM , from AppleInsider
Skype will be closed down in May 2025, but it really died in 2011 when it was bought by Microsoft. It's just been a death by a thousand slow-motion cuts.How we used to live. This is Skype on the Mac back in prehistoryYou didn't know Skype was still a thing, and in a few weeks' time, it won't be. Once a revolutionary app that brought free voice calls over the internet, it was important enough and valuable enough that in 2006, eBay bought it for $2.6 billion.If it seems peculiar that eBay would be the one that bought it, give the auction site some credit — it flipped the service and sold Skype on in 2011 for a huge profit. Five years is a long time to have it on 'Buy it Now,' but Microsoft eventually snapped it up for $8.5 billion. Continue Reading on AppleInsider | Discuss on our Forums
https://appleinsider.com/articles/25/02/28/microsoft-blew-85-billion-on-skype-only-to-spend-14-years...
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