| eBay takes $900m hit for Skype buy
Don't call it a bust just yet but it's fair to say eBay executives aren't thrilled with what they're getting out of Skype, which the auction king bought for $2.6bn two years ago. eBay has now said it will take a $900m so-called impairment write-down against the value of Skype. This means eBay has been forced to reassess the value of the internet telephony company relative to its overall business today. By recording a charge, the company is essentially saying it has taken a loss on its original investment. In what looks like an attempt to shake things up at Skype and move the division in a new direction, eBay also said Skype co-founder and chief executive Niklas Zennstr�m has stepped down. His departure was expected. Zennstr�m, who helped start Skype in 2003, has joined forces with Skype co-founder Janus Friis to start an internet television service called Joost.
Owner considers future as Newcastle Eagles are caught short in final ...
But Mike New, the former Newcastle forward who turns 40 next month, stayed cool from the free-throw line to seal the win. For Blake there has never been a greater need to put his club before the league and get back to restoring the Eagles’ reputation. .
NYC Saw Record 46M Visitors In 2007
However, the head of the city tourism office said more than the exchange rate is behind the tourism boom. He said the city is more vibrant, cleaner, safer and exciting than ever before. New York is one of only a few U.S. urban centers that did not see a drop in the number of overseas visitors between 2000 and 2006. .
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