Tuesday
May102011
Breaking News: Microsoft buys Skype for $8.5 Billion
Tuesday, May 10, 2011 at 6:09AM
By Gadjo Cardenas Sevilla
Microsoft has acquired internet telephony service Skype for a whopping US $8.5 Billion. A Wall Street Journal report early today confirmed the Redmond software giant had beaten the likes of Facebook, Google and Cisco who were vying to purchase Skype from its previous owner eBay.