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Tag: ZENNSTROM

Ebay writes off $1.4 billion, Niklas Zennstrom steps down from Skype

While buying Skype might have seemed like a good idea at the time, eBay appears to be rethinking things. Skype CEO Niklas Zennstrom is stepping down today, and eBay is taking a $1.43 billion impairment charge this quarter, in large part because of Skype shareholder payouts. We've always thought Skype and eBay were a strange fit. While communication technologies are essential for an online auction ...