After Ebay’s (EBAY) last earnings report, CEO Meg Whitman made it clear that the company was not getting a good return on its investment in free VoIP service Skype. EBAY is paying as much as $4.1 billion for the property.
EBAY chief financial officer Bob Swan put a point on it: “Activation levels are not where we want them to be.”
Well, making up for lost ground is hard to do when the Skype service is not even working.
It is down now, for a second day in a row.
Douglas A. McIntyre