Web Development Giant To Buy Skype

By Alex Russel


A web development pioneer of yesterday is rumored to be buying today's web development upstart. Ebay, reports say, is in talks to buy Skype, the European internet telephony provider, for somewhere around $5 billion.

There is no question that Skype's popularity has reached the tipping point. Despite assurances of the contrary, the company has been the subject of increasingly fevered takeover speculation as excitement grows around its technology, which allows users equipped with a computer, broadband connection, and telephone headset to make phone calls to almost any country for free--or for much lower than traditional telephone services.


Web Development Telecommunication Jobs

The stakes in this buy-out craze could be huge, with the very stability of the established telecommunications industry in play. Recently, the frenzy reached fever pitch when Google, the leading search engine, launched a VoIP service. For its part, Ebay declined to comment on a report in the New York Post that it offered to buy Skype.

Web Development Careerists Scramble for Skype

Ironically, last month it was Rupert Murdoch, the New York Post's owner, who was rumoured to be buying Skype for $3 billion, and on Monday, Hutchison, the telecommunications group, denied a report it was about to buy a 5 per cent stake in Skype.

Skype and Web Development

Web development is the development of technology and business practices using the Internet and the web. There have been several major breakthroughs on the web that have made billions of dollars, including like Ebay and Amazon. But there have been failures, too. So when a hot up-and-comer like Skype comes along, corporations get hungry to get a piece of the next big thing.

Web development careers and jobs revolve around trying to create or anticipate the next wave in web technology and design. And Skype is a once-in-a-lifetime web development breakthrough.

Sources

Financial Times









About the Author
Alex Russel is a freelance writer living in Brooklyn, NY. Since graduating from Syracuse University he has worked at many different media companies in fields as diverse as film, TV, advertising, and journalism. He holds a dual bachelor's degree in English and History.