The fight for Skype has ended. After weeks of nasty legal sparring, the Internet telephony service’s founders agreed to join the investor group purchasing it from EBay and dropped the lawsuit that had threatened to bollocks the deal.
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.
Apple put some of the vast $28 billion in cash and short-term investments it has socked away to good use this week by raising its stake in Imagination Technologies. The $5.16 million investment nearly triples Apple’s original 3.6 percent stake, giving it 9.5 percent ownership of the British chip designer whose PowerVR graphics technology figures prominently in the iPhone and iPod touch.
This has proven to be quite a week for Imagination Technologies. Just days after it was revealed that Apple has taken a 3.6 percent stake in the U.K. chip designer–whose PowerVR mobile graphics components are now expected to figure prominently in future iPhones–Intel raised its own stake in the company to 3.04 percent.
Add Capital Research & Management Co. to the list of Yahoo shareholders apparently convinced the company will be acquired by Microsoft. In a regulatory filing published yesterday, the company revealed that it had nearly doubled its stake in Yahoo.
John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper. Read more »
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
12:58 AM: Breakfast: Two schools of fish from Tokyo Bay. Calories: 782,000. How I was feeling when I ate this: confused, irradiated, hating my size.
11:37 AM: Exercise: “Taxi Stomp” (alternating legs, for 30 blocks). Calories burned: 148,900,183.
1983. The Beatles announce their first tour in thirteen years, but likewise announce that Michael Jackson will be going on tour with them as a one gigantic mega-concert event.
Best video mashup ever.
A Facebook Memorial
Wow.
Worth it for the Rickrolling photo alone.
Excellent.
Flughumor!
… you vacuous, toffee-nosed, malodorous perverts
Stephen Fry and zoologist Mark Carwardine meet the kakapo — a fat, flightless and very randy rare parrot.
D is unlike any other executive conference. Since its debut in 2003, D has brought to life the energy and excitement of the digital revolution in an unscripted, upfront and unparalleled way. Read more »
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