Shalom Life | July 02, 2015

Facebook Rumored to be Buying Skype

Could the social giant be purchasing the communication giant?

By: David Shear

Published: May 5th, 2011 in Business » World

Facebook Rumored to be Buying Skype

Reliable sources say that Facebook founder and CEO Mark Zuckerberg is in discussion with Skype about either buying the VoIP giant or forming a joint venture, according to Reuters.

Skype was due to release its IPO which has been recently delayed by their CEO until 2011. The IPO was expected to raise around $1 billion, but source say that Facebook is discussing a purchase price of between $3 billion to $4 billion, significantly more than the value to be raised.

One of Reuters’ sources claimed that the deal being discussed is not for the purchase of the company but for a JV.

Skype and Facebook have collaborated together in the past. In Skype 5.0, which was released last year, one of the major features added was a Facebook tab which allowed users to SMS, chat with, or call their Facebook friends via Skype from the News Feed.

Should either deal go through, it will be interesting to see what will happen to the value of Skype’s shares on the secondary market and the value of the IPO when it finally releases.

Yahoo Sends its Top Employees to Israel Yahoo Sends its Top Employees to Israel TrendingRobber Caught by Israeli-developed App Robber Caught by Israeli-developed App TrendingPita Sandwiches Can Now Hack Into Your Laptop Pita Sandwiches Can Now Hack Into Your Laptop Trending
 

Israeli Rehabilitation Program Pairs Prisoners with the Disabled

July 01, 2015 | By Abigail Klein Leichman
Israeli Rehabilitation Program Pairs Prisoners with the Disabled

An award-winning program pairs Israeli prisoners with severely disabled residents of ALEH Negev, benefiting both partners and, ultimately, society

Read More

Israeli Artist Draws Obama, Clinton, & Other Politicians as Hipsters

July 01, 2015 | By Viva Sarah Press
Israeli Artist Draws Obama, Clinton, & Other Politicians as Hipsters

Amit Shimoni is the artist behind HIPSTORY and SHEPSTORY, depicting world leaders as hipsters

Read More

Hapoel Jerusalem Wins First Championship Game, Apparently Thanks to Their New Stadium

July 01, 2015 | By B. Shane Morganstein
Hapoel Jerusalem Wins First Championship Game, Apparently Thanks to Their New Stadium

Team owner credits unlikely championship to building of brand new 10,000 seat arena

Read More

Study: Anti-Semitism is on the Decline in Europe

July 01, 2015 | By B. Shane Morganstein
Study: Anti-Semitism is on the Decline in Europe

A new ADL poll finds anti-Semitism down among general populations, but on the rise among Western European Muslims

Read More

Donald Trump Says He's the only Candidate That Will Truly Support Israel

July 01, 2015 | By Jacob Kamaras, JNS.org
Donald Trump Says He's the only Candidate That Will Truly Support Israel

"I think President Obama is one of the worst things that's ever happened to Israel," says Trump in new interview

Read More

Yahoo Sends its Top Employees to Israel

July 01, 2015 | By Sagi Cohen
Yahoo Sends its Top Employees to Israel

What brings the participants of Yahoo's exclusive executive training program to Israel? CEO Marissa Mayer 'always believed there is something special about Israel'

Read More

2000-Year-Old Mikveh Found Under Jerusalem Home

July 01, 2015 | By B. Shane Morganstein
2000-Year-Old Mikveh Found Under Jerusalem Home

The ritual bath was found under a living room during home renovations

Read More

Israeli Walter White Busted

July 01, 2015 | By B. Shane Morganstein
Israeli Walter White Busted

The suspect is reportedly a chemistry teacher, caught growing magic mushrooms

Read More

More Headlines