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Bubble 2.0
September 12, 2005
EBay today purchased Skype, a company whose 2005 revenues will total an estimated $60 million, for $2.6 billion plus an extra $1.5 billion should it meet certain undisclosed "performance targets." A J.P. Morgan analyst called the deal "strategically positive." Somewhere tonight, the Pets.com sock puppet is laughing in his beer.
Advertisement: Coming this spring: Nicholas Carr's new book The Shallows: What the Internet Is Doing to Our Brains. Preorder now from Amazon.
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Nick's next book:
Nick's latest book:
"Future Shock for the web-apps era" -Fast Company
"Ominously prescient" -Kirkus Reviews
"Riveting stuff" -New York Post
Greatest hits
Avatars consume as much electricity as Brazilians
The love song of J. Alfred Prufrock's avatar
Flight of the wingless coffin fly
Other writing
The end of corporate computing
Nick's first book:
Order from Amazon
Visit book site