Shalom Life | July 30, 2014

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.

Simon Cowell Is Being Harassed on Twitter Over His Donation to the IDF Simon Cowell Is Being Harassed on Twitter Over His Donation to the IDF TrendingAn Interview with Umami Burger Creator Adam Fleischman An Interview with Umami Burger Creator Adam Fleischman TrendingThe Israeli Version of Snapchat The Israeli Version of Snapchat Trending
 

Six Israeli IPOs to Watch in 2014

July 30, 2014 | By Michael Lefkoe, NoCamels
Six Israeli IPOs to Watch in 2014

A look at those Israeli companies that plan to go public on either NYSE or NASDAQ by the end of the year

Read More

Magic Johnson, Other NBA Players Call Off Visit to Israel

July 30, 2014 | By Peter Herriman
Magic Johnson, Other NBA Players Call Off Visit to Israel

Were originally scheduled to play at the opening of Jerusalem's new arena

Read More

Jewish Hall of Fame: David Rosen

July 30, 2014 | By Caitlin Marceau
Jewish Hall of Fame: David Rosen

The American businessman served as CEO of Japanese video game company SEGA from 1965 to 1996

Read More

Ex-Hasidic Jew Has “Divine Intervention” Over Sexy Photos

July 30, 2014 | By Peter Herriman
Ex-Hasidic Jew Has “Divine Intervention” Over Sexy Photos

After Brenda Rosenberg was injured in a car accident, members of her former community called it a "message" from God

Read More

Penelope Cruz, Javier Bardem, Other Spanish Celebrities Call Israeli Operation "Genocide"

July 30, 2014 | By Peter Herriman
Penelope Cruz, Javier Bardem, Other Spanish Celebrities Call Israeli Operation "Genocide"

The Hollywood couple signed a letter in Spanish condemning the IDF

Read More

Survey: Twice as Many Americans Blame Hamas Over Israel for Conflict

July 30, 2014 | By Shalom Life Team
Survey: Twice as Many Americans Blame Hamas Over Israel for Conflict

A new Pew survey shows, yet again, that Americans side with Israel regarding the ongoing conflict in Gaza

Read More

American Groups Give Back to IDF's Lone Soldiers

July 30, 2014 | By Daniel Koren
American Groups Give Back to IDF's Lone Soldiers

Friends of Israel Defense Forces and other groups unite to support non-Israeli soldiers fighting in Gaza

Read More

Simon Cowell Is Being Harassed on Twitter Over His Donation to the IDF

July 30, 2014 | By Daniel Koren
Simon Cowell Is Being Harassed on Twitter Over His Donation to the IDF

The British reality show judge's Twitter account has been plastered with photos of dead children in Gaza

Read More

More Headlines