Feeds

eBay ponders Skype bail out

Implementing buy high, sell low strategy

Secure remote control for conventional and virtual desktops

eBay is considering flogging off Skype, the VoIP provider it paid $2.6bn for in 2005.

The auction house has already written off $1.4bn relating to the purchase. It has failed to integrate the technology into its core auction business, and although Skype continues to pick up users, it is still struggling to find a way to make much cash out of them.

eBay dropped a new CEO into Skype in February - Josh Silverman was previously running comparison service shopping.com.

But eBay CEO John Donahoe told the Financial Times that he would reassess the future of Skype if they could not find "strong synergies". Three years after the acquisition some would say the synergies should be obvious by now.

Donahoe also told the paper that "Skype is a great standalone business". It is expected to make a profit this year on revenues of $500m and more than 300 million users.

Donahoe also moved to squash rumours that eBay could sell off PayPal - such a move might be good for PayPal, which increasingly gets revenues from elsewhere but also provides better margins for eBay whenever it is used on the auction site. ®

Beginner's guide to SSL certificates

More from The Register

next story
Bladerunner sequel might actually be good. Harrison Ford is in it
Go ahead, you're all clear, kid... Sorry, wrong film
Euro Parliament VOTES to BREAK UP GOOGLE. Er, OK then
It CANNA do it, captain.They DON'T have the POWER!
Musicians sue UK.gov over 'zero pay' copyright fix
Everyone else in Europe compensates us - why can't you?
I'll be back (and forward): Hollywood's time travel tribulations
Quick, call the Time Cops to sort out this paradox!
Megaupload overlord Kim Dotcom: The US HAS RADICALISED ME!
Now my lawyers have bailed 'cos I'm 'OFFICIALLY' BROKE
Forget Hillary, HP's ex CARLY FIORINA 'wants to be next US Prez'
Former CEO has political ambitions again, according to Washington DC sources
prev story

Whitepapers

Free virtual appliance for wire data analytics
The ExtraHop Discovery Edition is a free virtual appliance will help you to discover the performance of your applications across the network, web, VDI, database, and storage tiers.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
The total economic impact of Druva inSync
Examining the ROI enterprises may realize by implementing inSync, as they look to improve backup and recovery of endpoint data in a cost-effective manner.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Website security in corporate America
Find out how you rank among other IT managers testing your website's vulnerabilities.