Feeds

eBay looks to flog useless stuff

Its, not yours

Choosing a cloud hosting partner with confidence

eBay has sold web bookmarking site StumbleUpon back to its founders, and could do the same with Skype, according to reports.

The online tat bazaar swallowed StumbleUpon for $75m in 2007 in an apparently aimless fit of web 2.0 envy.

It's now back in the hand of founders Garrett Camp and Geoff Smith, backed by venture capital. The details of the deal, done on Monday, haven't been revealed (hint: <$75m).

eBay is likely to take a much more severe haircut if it manages to offload Skype. Bosses have admitted grafting a VoIP company to the world's premier digital car boot sale made little sense, and have made it plain they would be interested in offers.

The New York Times reported on Saturday that Skype founders Niklas Zennstrom and Janus Friis, who sold up to eBay for $2.6bn in 2005, have approached private equity firms for help preparing a bid.

According to the report, analysts reckon eBay wants $1.7bn for Skype, which had revenues of $145m for the last quarter of 2008. The paper notes that a brewing intellectual property dispute between eBay and Skype's founders over its core P2P technology could prove a stumbling block, however. ®

Beginner's guide to SSL certificates

More from The Register

next story
Brit telcos warn Scots that voting Yes could lead to HEFTY bills
BT and Co: Independence vote likely to mean 'increased costs'
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
New 'Cosmos' browser surfs the net by TXT alone
No data plan? No WiFi? No worries ... except sluggish download speed
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Google+ GOING, GOING ... ? Newbie Gmailers no longer forced into mandatory ID slurp
Mountain View distances itself from lame 'network thingy'
Vodafone to buy 140 Phones 4u stores from stricken retailer
887 jobs 'preserved' in the process, says administrator PwC
Bonking with Apple has POUNDED mobe operators' wallets
... into submission. Weve squeals, ditches payment plans
EE buys 58 Phones 4u stores for £2.5m after picking over carcass
Operator says it will safeguard 359 jobs, plans lick of paint
Drag queens: Oh, don't be so bitchy, Facebook! Let us use our stage names
Handbags at dawn over free content ad network's ID policy
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
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?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.