The Unthinkable Happens: Facebook to Improve Chat, Jumps on Skype Bandwagon.

Facebook LogoSkype, the much hyped internet chat and VOIP solution, used by many web geek since 2003 already, has now become a core part of the internet’s social network giant Facebook. In a rather unsurprising ‘Something Awesome’ event hosted by the Palo Alto network’s CEO the since days leaked already news was confirmed.

Facebook teams up with Skype to copy the new Google+ Hangout feature deliver improved chat and video chat.

Newsflash: Skype was first launched in August 2003 and had an estimated 663 million users (in Summer 2010), more than the social network almost a year later. While the chat feature of Facebook has been a rather uneventful and often frustrating experience since it launched in 2008, the question to be asked is whether the collaboration with Skype will help Facebook to continue growing? [Read more…]

Local Fox Station Airs “Social Media” News Reporting Parody

Fox Social Media Parody

Fox Social Media ParodyFox 4 DFW decided to roast Social Media and what we have are some pretty funny results.

Among the social media company’s roasted are Facebook, Twitter, Foursquare and even popular message and phone service Skype.

The scene opens up like a skit from The Daily Show With Jon Stewart. The stations anchor opens with a breaking story about a shooting, but when they cut to their on the scene correspondents they are so busy using social media that they have no idea what’s happening on the scene. [Read more…]

Skype Announces IPO Plans, Company Valued Around $2.75 Billion

Skype Going Public (IPO)

Skype Going Public (IPO)Skype was recently sold by eBay to a group of private investors and now those investors are looking to raise as much as $100 million with an initial public offering (IPO) which has been filed with the SEC.

It’s hard to tell what the price of shares will be for Skype stock, however some analysts have priced the company around the $2.75 billion market valuation point.

The company was purchased from eBay by a group of investors in September, those investors include: Silver Lake, Index Ventures, Andreessen Horowitz and the Canada Pension Plan (CPP) Investment Board. [Read more…]