World VoIP Database

WASHINGTON, DC, United States (UPI) — Rumors abound that eBay, the world`s biggest and most successful online auction house, will buy out Skype Technologies, an Internet-based telecommunications group.

Both companies have steadfastly declined to comment on the speculation, even as major newspapers went ahead and published the report. Investors, however, were sufficiently spooked by the speculation that eBay could offer anywhere between $2 billion and $5 billion for the Luxembourg-based company that only started business two years ago, they were quick to sell off shares in eBay. While eBay has established itself as the grande dame of online-based businesses that has revolutionized the way consumers buy and sell used as well as new goods, many investors believed that acquiring Skype would go far beyond the core operations of eBay. As a result, eBay`s share price tumbled nearly 4 percent to close just above $39 Thursday.

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