Shalom Life | August 01, 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.

EXCLUSIVE: JSwipe Founder Opens Up About JDate Lawsuit EXCLUSIVE: JSwipe Founder Opens Up About JDate Lawsuit TrendingThe Canadian Army is Acquiring Israel's Iron Dome Technology The Canadian Army is Acquiring Israel's Iron Dome Technology TrendingTel Aviv Professor Says Newly Discovered Earth-Like Planet is too Far Away to Understand Tel Aviv Professor Says Newly Discovered Earth-Like Planet is too Far Away to Understand Trending
 

WATCH: Jon Stewart Addresses Uproar over his "Secret" Meeting with President Obama

July 30, 2015 | By Daina Goldfinger
WATCH: Jon Stewart Addresses Uproar over his "Secret" Meeting with President Obama

"Something is not a secret just because you don't know about it"

Read More

Canadian Couple: Killing Young Jews Will Save Them from Hell

July 30, 2015 | By B. Shane Morganstein
Canadian Couple: Killing Young Jews Will Save Them from Hell

The couple, convicted of trying to bomb the British Columbia Legislature, hoped to save Jews from growing up and going to "eternal hell"

Read More

WATCH: Viral Video of Israeli Father Shaving his Beard for First Time in 14 Years

July 30, 2015 | By B. Shane Morganstein
WATCH: Viral Video of Israeli Father Shaving his Beard for First Time in 14 Years

People are going crazy for this family's reaction to a man named Mooki shaving his beard

Read More

EXCLUSIVE: JSwipe Founder Opens Up About JDate Lawsuit

July 30, 2015 | By B. Shane Morganstein & Daniel Koren
EXCLUSIVE: JSwipe Founder Opens Up About JDate Lawsuit

"We believe their claims lack merit and we intend to defend our rights vigorously," says David Yarus

Read More

University of Toronto Students Fight Back Against BDS

July 30, 2015 | By Adir Krafman
University of Toronto Students Fight Back Against BDS

U of T Students' Union Board of Directors overwhelmingly rejects creation of BDS committee

Read More

Shaw Festival Review: The Twelve-Pound Look

July 29, 2015 | By Hermine Steinberg
Shaw Festival Review: The Twelve-Pound Look

J.M Barrie's 'The Twelve-Pound Look' is a witty and poignant portrayal of marriage during the Edwardian Era.

Read More

Israeli Archaeologists Discover Remnants of Great Historical Synagogue

July 29, 2015 | By B. Shane Morganstein
Israeli Archaeologists Discover Remnants of Great Historical Synagogue

Using new technology, Israeli archaeologists have unearthed what may be the Great Synagogue of Vilna

Read More

WATCH: Trailer for New Seth Rogen Christmas Movie

July 29, 2015 | By B. Shane Morganstein
WATCH: Trailer for New Seth Rogen Christmas Movie

'The Night Before' "was made by Jews and opens on Thanksgiving"

Read More

More Headlines