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-   -   eBay: What to do with Skype? (http:\\b1.hcanet.com\forum/showthread.php?t=28918)

NewsBot 2nd Oct 07 05:33 AM

eBay: What to do with Skype?
 
*Source: News.com (http://www.news.com/eBay-What-to-do-...ag=nefd.lede)*
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Don't call it a bust just yet, but it's fair to say eBay executives aren't thrilled with what they're getting out of Skype, which the auction king bought for $2.6 billion two years ago.

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.

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