Report: Microsoft Close To Buying Skype For $7 Billion

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Mr Lee
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Nice profit. I wonder how this will affect the use of it? Microsoft Corp is nearing a deal to buy Internet phone company Skype Technologies for more than $7 billion, and a deal could be announced as early as Tuesday, the Wall Street Journal reported, citing people familiar with the matter. The Skype deal would rank at or near the top of the biggest acquisitions in the 36-year history of Microsoft, the WSJ said.Microsoft and Skype declined to comment to the Journal. Both companies could not be reached for comment by Reuters.Skype was formed in 2003. Ebay Inc bought it in 2005 for $3.1 billion.The complete story HERE

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Dave Hounddriver
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There's just no getting away from Microsoft! Anything worth doing in the computer world becomes another egg in their basket. Are there no monopoly laws anymore?

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