Tag Archives: ebay

PirateBay acquires Ebay to avoid lawsuit : Breaking

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Hope you have been up to date with your online facts. If not, who cares we are here for you. Whats really worth knowing right now is that ” The Pirate Bay“, has a breaking news right now.

In a bid on the auction site, eBay TPB has been declared as the official winner and now Ebay has been acquired by Pirate Bay. The Pirate Bay has many ideas of what to do with the acquired bounty.

They plan to use the tools from eBay to make a better rating system for torrents. Then TPB will divide eBay up into smaller companies and sell to the highest bidders. TPB sees no benefit of having a auctioning site as they believe that most of the stuff is available for free.

Stay tuned for more updates about TPB and their future plans through our blog. Hope you enjoyed getting fooled again. That still doesn’t mean you don’t subscribe our blog.

Ebay wants Skype to go Public in 2010

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The blogosphere was hot with Rumours regarding the Skype founders planning to buy Skype Back from Ebay. But things seem completely different. Ebay has planned an IPO for Skype which should be completed in the in the first half of 2010.

Tom Donahoe in a recent annoucement said

It’s clear that Skype has limited synergies with eBay and PayPal. We believe operating Skype as a stand-alone publicly traded company is the best path for maximizing its potential.

So things are seem quite clear and therefore crush the earlier rumours.

[via Mashable]

Why are Skype founders trying to buy Skype back from Ebay?

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 Niklas Zennstrom and Janus Friis who sold Skype, an Online Telephone Calling Service,  for a price Tag of $2.6 Billion in 2005 are looking for ways to acquire it back from Ebay. Ebay after acquring it has also not made any efforts to integrate it with it’s Website so probably it is also willing to sell it back to the founders.

Now the question arises why is it hoping to sell Skype to it’s founders only and not any other bidder? It may be because of the pending lawsuit between Ebay and Joltid . Joltid is a Company Owned by the Skype founders which provides Skype with it’s Peer to peer technology. 

 Joltid would no more provide the technology to Skype  because Skype’s licence was revoked so therefore Ebay has not option than to sell it to the founders themselves. The Deal has not been confirmed but at this stage it can be called a rumour. Subscribe our blog and stay updated with the news that follow.