Facebook Officially Announces Partnership with Skype

- Facebook Officially Announces Partnership with Skype



Jul 6, 2011

Facebook CEO, Mark Zuckerberg announced today at its company's headquarters in Palo Alto, CA the new features of Facebook which will include group chat and video chat run by Skype.

During the press conference, Facebook's Product Manager Peter Deng discussed group chat that will have a "Add friends to chat" feature to traditional chat. He also demoed the new Facebook design that will get hold of your account and browser size and a streamlined contacts bar to the right of your page. The video chat feature was demonstrated by a Facebook team member in Seattle.

Afterwards, Mark Zuckerberg invited the CEO of Skype, Tony Bates, onstage where he said, "Skype's mission has really been to make communications as pervasive as possible."

Zuckerberg also confirmed that Facebook now 750 million users.

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Skype Suffers Disastrous Crash, Users Blaming Microsoft

- Skype Suffers Disastrous Crash, Users Blaming Microsoft



May 26, 2011

Skype, which Microsoft (NASDAQ:MSFT) acquired earlier this month for $8.5 billion, has been having numerous problems this morning.

VoIP and instant messaging services were reportedly not working, users reported having problems signing in and being abruptly disconnected, and the skype.com website itself was experiencing severe difficulties at one point.

Skype has acknowledged the problem and will issue a fix in the next few hours. The company issued instructions for users of Windows, Mac, as well as Linux on how to manually fix the problem in the meantime.

Shares of Microsoft are trading up 1.98% at $24.67.

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Microsoft Is In Talks To Buy Skype Technologies

Microsoft Is In Talks To Buy Skype Technologies



May 10, 2011

Microsoft (NASDAQ:MSFT) is in talks to buy Skype to gain the most popular international calling service and its 663 million customers, according to a Bloomberg report, which cited two people familiar with the matter.

The deal would value Skype at $8.5 billion and may be announced as early as today. It could help CEO Steve Ballmer bring in Web users and narrow Google's (NASDAQ:GOOG) lead in Internet advertising.

Microsoft has a potential upside of 27.3% based on a current price of $25.83 and an average consensus analyst price target of $32.89.

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