The ink had barely dried on the agreement to buy Skype before analysts were criticizing eBay’s $3.1 billion decision. Yes, that’s ‘billion’ with a ‘B’. Now, it looks like eBay is pondering selling it off.
Their reasoning is that if they can’t find a way to integrate it into their core business which is online marketplaces, then it’s of no use to them. I don’t completely agree, but I applaud eBay for having the fortitude to face up to and act on their bad decision quickly. AOL Time Warner comes to mind as an example of the opposite.
Posted in: Networking & Internet
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