eBay has just announced that it has reached a settlement with the founders of Skype, clearing the way for the sale of the Internet communication company to a consortium formed by private equity firm Silver Lake Partners, Andreessen Horowitz and the Canada Pension Plan Investment Board. Index Ventures, a historical investor in Skype, is not going to be part of that buying party after all, and its partner Mike Volpi is definitely out of the picture (no surprises there). The original Skype founders, Niklas Zennström and Janus Friis, are now back in the game. The Scandinavian businessman are getting 14 percent of Skype back for rights to the Global Index P2P technology their company Joltid controls (which is key to the Skype software) - and not 10% like previously reported by other media. Full story...
Good afternoon, readers! What does Santa have in his bag for you today? Interestingly enough, he was unable to bring his bag because this printer is far too big for it.
When pitching to VC’s, entrepreneurs hype the heck out of their ideas, years of experience and management teams.
The sudden surge in interest in Android (largely due to all of the hype surrounding the Droid) has caused a lot of developers to reconsider the platform.
Do a search for Google Wave on the App Store from your iPhone or desktop client, and you'll see an application called just that pop up, ready to be installed as soon as you fork over $0.
This is our third guest post written by a London-based VC. To allow them to speak plainly without jeopardising their fund or their career in the small village that is the London VC scene, I'm allowing them to post anonymously.
Last week, it was reported that AOL - amid restructuring efforts in the lead-up to the imminent Time Warner spin-off and IPO - was putting its instant messaging service unit ICQ on the block and had hired bankers Allen & Co.
Peripherals, they say, are the spice of life. Well, maybe they don't say that, but they do say it about variety, and peripherals add variety to your computing life.
Keith Teare was hanging around the Real-Time CrunchUp today showing off his newest project - Speedi.ly.
Extracting meaning from the Web is a difficult undertaking. Keyword search skims the surface of contextual meaning that is locked in Web pages, Tweets and feeds.
Honestly, it's impossible to work in these conditions. I'm writing this from the TechCrunch Real-Time CrunchUp; a one-day event in San Francisco celebrating the joys of the 'real-time' web.