eBay's Bet: The Skype's the Limit

Posted by tadelste on Sep 25, 2005 5:22 AM EDT
NewsWeek; By Steven Levy
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When I talked to Meg Whitman last week, we used plain old telephones. But since both of us belong to the 54 million-member Skype community—a global society one joins simply by signing up to use that company's voice over Internet protocol (VoIP) service—we could have had the conversation free via laptops and our Net connections. Or she could have Skyped me (yes, it's a verb) from her computer to my land line, paying a couple of cents a minute. It would have been appropriate because eBay CEO Whitman has just spent $2.6 billion of her company's cash and stock to buy Skype, a move that seems destined to become a marker of cataclysmic change.

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