EBay’s plan to sell a 65 percent stake in Skype to a group of private investors is going to be a bit more difficult to pull off than expected. This afternoon, Joltid, a company owned by Skype’s founders, filed a copyright suit against eBay and the consortium of investors that just paid $1.9 billion for a majority interest in it.
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They say “flat is the new up” and that certainly seems to be the case with the venture capital industry. Though we’ve had two consecutive quarters without an IPO and the venture market is all but frozen, VC optimism is beginning to return. The latest Silicon Valley Venture Capitalist Confidence Index shows a small but noteworthy uptick in the VC community’s views of the entrepreneurial environment in the San Francisco Bay Area.
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According to Forbes, former Broadcom Corp. chief and founder Henry Nicholas ranks 677th on the list of the world’s wealthiest individuals. But according to a federal indictment unsealed today, he’d rank quite a bit higher on a list of the world’s most debauched.
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