Skype marks 10 years of shrinking the world
Skype was released in August 2003—written by a team of Estonian developers in Tallinn and, launched by two Scandinavian technology entrepreneurs, Niklas Zennstroem of Sweden and Janus Friis of Denmark, who expanded on existing peer-to-peer networking technologies
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Skype isn't for humans only. At Cameron Park Zoo in Waco, Texas, orangutans Mei and Mukah are rewarded for completing tasks by being allowed to communicate via Skype with orangutans in other zoos
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The question many ask however is: Is it possible to make money on a business offering free calls? US software maker Microsoft thought so, paying $8.5 billion for Skype in 2011.
In the 12 months ended on June 30, Microsoft's Entertainment and Devices Division, which includes Skype, reported operating income of $848 million, up from $380 million the year before.
SOURCE: PHYSLabels: tech release
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