Tuesday, 2. October 2007
Topic: e-bay - on October 2, 2007 at 10:11:00 AM CEST
Ebay cuts back its value of Skype
EBay has conceded that it paid too much for internet telephone service Skype - dramatically writing down the value of its investment.
The online auction firm said it would take charges of $1.43bn (£699.5m) on the 2005 purchase, when it paid $2.6bn for the business.
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