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The rise and fall of Skype

July 5, 2023 : Permanent Link

(CNBC) Skype is not what it was. You may or may not have noticed. The voice, video and messaging app became a hit in the 2000s by letting people talk with friends and family members without paying long-distance fees. In 2005 eBay bought it. That deal didn’t work out as planned, and an investor group led by Silver Lake purchased a majority stake. Microsoft then stepped in, shelling out $8.5 billion for the company in 2011

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