Shalom Life | August 29, 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.

New App Helps Religious Jewish Women with Niddah New App Helps Religious Jewish Women with Niddah TrendingHebrew National Hot Dogs Promote Eating Products with Bacon, Shellfish Hebrew National Hot Dogs Promote Eating Products with Bacon, Shellfish Trending'Birthright Excel' a Success for 5th Year in a Row 'Birthright Excel' a Success for 5th Year in a Row Trending
 

This Couple is Documenting their Conversion to Judaism on Instagram

August 27, 2015 | By Sy Berg
This Couple is Documenting their Conversion to Judaism on Instagram

2HipJews are putting the 'modern' back into modern Orthodox

Read More

Shalom Life is Saying Goodbye

August 27, 2015 | By Shalom Life Staff
Shalom Life is Saying Goodbye

After nearly 7 years, we are sadly ending Shalom Life's run.

Read More

Shaw Festival Review: The Intelligent Homosexual's Guide...

August 26, 2015 | By Hermine Steinberg
Shaw Festival Review: The Intelligent Homosexual's Guide...

Tony Kushner's family drama challenges it's audiences on so many levels, it leaves you breathless and beaten. It is awesome; astounding, humbling, overwhelming and remarkable.

Read More

Shaw Festival Review- The Divine: A Play for Sarah Berhnardt

August 23, 2015 | By Hermine Steinberg
Shaw Festival Review- The Divine: A Play for Sarah Berhnardt

This powerful play based on a true story is an absolute must-see this summer.

Read More

Top 10 Most Influential LGBT Jews

August 14, 2015 | By Ashley Baylen
Top 10 Most Influential LGBT Jews

These 10 LGBT celebrities are an inspiration to us all.

Read More

Crossfit “Guru” Does Handstand at Holocaust Memorial

August 14, 2015 | By Daina Goldfinger
Crossfit “Guru” Does Handstand at Holocaust Memorial

Dave Driskell apologized Monday evening for his actions

Read More

There’s a Jewish Rapper with a #1 Hit Record, and His Name’s Not Drake

August 14, 2015 | By B. Shane Morganstein
There’s a Jewish Rapper with a #1 Hit Record, and His Name’s Not Drake

Lil Dicky's 'Professional Rapper' sells 22,000 copies in its first week

Read More

Ben Gurion Airport Breaks All-Time Travel Records

August 14, 2015 | By B. Shane Morganstein
Ben Gurion Airport Breaks All-Time Travel Records

Reports indicate that some 78,000 travelers passed through the Israeli airport in a single day

Read More

More Headlines