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eBay sued by Skype founders
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The following comments relate to this news article:
article published on 18 September, 2009
The founders of the Internet phone company Skype have sued eBay today, alleging that the auction giant broke copyright law when they altered and shared the P2P source code behind the software.
Niklas Zennstrom and Janus Friis, the billionaire founders of the software, filed the copyright lawsuit this week. eBay purchased Skype for over $3 billion USD in 2005 but the founders retained ... [ read the full article ]
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Senior Member
1 product review
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18. September 2009 @ 02:11 |
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While I don't like people suing others, I think it's hilarious that eBay was dumb enough to pay $3 billion for the rights to use the software, but not the rights to source code.
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Member
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18. September 2009 @ 03:02 |
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Keep in mind I am giggling as I write this....
Uhh... ummm... hey pop... just about everyone has done the same thing albeit most didn't pay 3 billion!
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warriorp
Junior Member
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18. September 2009 @ 09:26 |
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uh oh. i guess they will raise seller fees again. and a big f U to paypal.
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Senior Member
1 product review
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18. September 2009 @ 11:24 |
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Originally posted by Blackjax:
Keep in mind I am giggling as I write this....
Uhh... ummm... hey pop... just about everyone has done the same thing albeit most didn't pay 3 billion!
Yes, a lot of companies do this sort of thing (where they buy and sell software without the source code rights). I just think it was really stupid of eBay to pay $3 billion without the source code rights.
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ddp
Moderator
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18. September 2009 @ 11:28 |
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they buy it for $3 billion but sell it for $1.9 billion so they lost $1.1 billion so are they stupid or what?
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Staff Member
3 product reviews
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18. September 2009 @ 12:58 |
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Originally posted by ddp:
they buy it for $3 billion but sell it for $1.9 billion so they lost $1.1 billion so are they stupid or what?
Hey ddp, they plan to sell a majority stake for $1.9 billion, that stake being about 70 percent. Overall the deal values Skype at $2.75 billion, still a significant "haircut" from what they purchased it for in 2005. Not to mention the restructuring costs they must have incurred trying to integrate. Would not surprise me if eBay lost over $500 million investing in Skype when they did.
This message has been edited since posting. Last time this message was edited on 18. September 2009 @ 12:59
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Member
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19. September 2009 @ 01:11 |
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Originally posted by ddp:
they buy it for $3 billion but sell it for $1.9 billion so they lost $1.1 billion so are they stupid or what?
I'd say yes!
@pop- what I meant was we all have bought software at one time and I don't ever recall a user agreement saying you owned the source code i.e. winblows oops windows. As the saying goes first time shame on you second time shame on me. I prefer to be shameless!
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Senior Member
1 product review
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19. September 2009 @ 03:18 |
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Originally posted by Blackjax:
@pop- what I meant was we all have bought software at one time and I don't ever recall a user agreement saying you owned the source code i.e. winblows oops windows. As the saying goes first time shame on you second time shame on me. I prefer to be shameless!
Ah, thanks for clearing that up. Yes, we've all done that, probably more than we know it! :P
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TONY1970
Newbie
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19. September 2009 @ 05:14 |
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Originally posted by Pop_Smith:
While I don't like people suing others, I think it's hilarious that eBay was dumb enough to pay $3 billion for the rights to use the software, but not the rights to source code.
I also don't like people suing each other but Ebay Deserves it.
Lets see how many people are going to get scammed by paypal in order for them to recover their loses.
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