Ebay In Litigation With Skype Founders Over Key Technology
Perhaps with the benefit of hindsight, firing Skype founder Niklas Zennstrom as CEO in 2007 and paying out only 1/3 of the potential earnout wasnÃ¢â‚¬â„¢t the best idea. Zennstrom seems to be holding quite a grudge.
eBay is developing new peer-to-peer software to run the Skype service, they revealed in a quarterly SEC statement.
The existing peer-to-peer software is controlled by Joltid, a company controlled by SkypeÃ¢â‚¬â„¢s founders Zennstrom and Janus Friis. The software was not acquired by eBay in its 2005 acquisition of the Skype service and is now the subject of litigation in the UK.
Read more: techcrunch.com