Feeds

Skype founders sue former Joost boss

Trade secrets spat goes public

Intelligent flash storage arrays

The founders of Skype are suing Michael Volpi, the ex-chairman of Joost, for allegedly stealing trade secrets relating to the peer-to-peer technology shared by Skype and the web TV firm.

The two, Janus Friis and Niklas Zennstrom, have already taken legal action against eBay through their company Joltid, which they say owns the technology used by Skype. The action also names Silver Lake Partners and the other investors who agreed to buy Skype from eBay for $2bn earlier this month.

The filing to a Delaware court accuses Volpi of "the acts of a faithless fiduciary", and suggests he stole confidential and highly proprietary information. The Wall Street Journal has a copy of the document.

Joost, owned by Friis and Zennstrom, sacked Volpi last week and said it was investigating his actions while he was chief exec and chairman.

eBay paid $2.6bn for Skype and never really seemed to know what to do with it. Plans for an IPO were scuppered by the row over patents.

eBay had to warn the markets back in July that there were questions over its ownership of the central technology.

At one stage it looked like the online tat bazaar would sell Skype back to its founders, which was the fate of eBay's other baffling buy - StumbleUpon - which it sold back to its original owners in April.

Whatever the result of the various court cases now surrounding Skype, any quick and easy sale for eBay is now looking doubtful. ®

Beginner's guide to SSL certificates

More from The Register

next story
Musicians sue UK.gov over 'zero pay' copyright fix
Everyone else in Europe compensates us - why can't you?
Bladerunner sequel might actually be good. Harrison Ford is in it
Go ahead, you're all clear, kid... Sorry, wrong film
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
Euro Parliament VOTES to BREAK UP GOOGLE. Er, OK then
It CANNA do it, captain.They DON'T have the POWER!
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.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
10 threats to successful enterprise endpoint backup
10 threats to a successful backup including issues with BYOD, slow backups and ineffective security.
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.