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[Post 380] What Happened To Skype
By Sonicericsg  •  July 7, 2023
Summary At its height, Skype – a telecommunications app founded by Scandinavian entrepreneurs Niklas Zennström and Janus Friis, and Estonian engineers Ahti Heinla, Priit Kasesalu, Jaan Tallinn and Toivo Annus – had 560 million registered users. In 2005, just two years after its launch, the app was acquired by eBay. Later, a majority stake was sold to private equity firm Silver Lake. Microsoft then acquired Skype in 2011 for $8.5 billion. While it was revolutionary in its time, Skype’s journey has been full of ups and downs. Now that Microsoft has rival Teams, the future of Skype is uncertain. CNBC explores the company’s past, present and what’s next for the company....
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By Sonicericsg
Hi everyone, I'm soniceric, my real name is of course not soniceric, it's just Ericsson :) The reason I name this blog as soniceric is a word play on the brand of "sony Ericsson" hence soniceric(geddit?) I am currently a 22 years old nsf who is about to ord soon and receiving a paltry ns allowance of $800 per month. To date, I have managed to save more than 10k and have already use the money for various purpose(emergency fund, peer to peer lending,posb invest saving and stocks, trading etc).
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