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Friis founded the online music streaming service Rdio with Zennström in 2010. It filed for bankruptcy in November 2015 and announced the sale of assets to Pandora Radio for $75 million (~$94.3 million in 2023). [10] In 2012, Friis co-founded Wire, a secure collaboration platform that uses end-to-end encryption to protect digital assets. [11]
Skype Technologies (also known as Skype Software , Skype Communications , Skype Inc., and Skype Limited) is a telecommunications company headquartered in Luxembourg City, Luxembourg, whose chief business is the manufacturing and marketing of the video chat and instant messaging computer software program Skype, and various Internet telephony services associated with it. [1]
Skype was created by Niklas Zennström, Janus Friis, and four Estonian developers, and first released in August 2003. In September 2005, eBay acquired it for $2.6 billion. [ 8 ] In September 2009, [ 9 ] Silver Lake , Andreessen Horowitz , and the Canada Pension Plan Investment Board bought 65% of Skype for $1.9 billion from eBay, valuing the ...
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"Core PCE inflation fell surprisingly quickly in 2023, from a 4% annualized pace in the first half of the year to a 2% pace in the back half. We now expect the year-on-year rate to fall much more ...
TechCrunch has learned that Mark Dyne, one of Skype's founding investors, is suing billionaire Skype co-founder Janus Friis in California's Superior Court for the County of Los Angeles for ...
In November 2015, streaming music service Rdio, founded by Skype co-founders Janus Friis and Niklas Zennström, declared bankruptcy and sold its assets to Pandora for $75 million. [35] Pandora retained 100 Rdio employees, including Iain Morris and Rich Masio, who joined a growing licensing department in pursuit of direct licenses with labels ...
Charts like this illustrate the high price investors are paying for earnings and caution us to heed the warnings of the bond market." Larry Adam, chief investment officer, Raymond James: