EBay slashes Skype's value by $870m

By Staff, Brand Republic 02-Oct-07, 09:20

SAN FRANCISCO - EBay has admitted that its internet telephone service Skype has fallen well short of achieving financial targets, and has written down the value of its $2.6bn (£1.28bn) investment in the company by a third.

Skype: value written down by third

Skype: value written down by third

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