Microsoft buying Skype for $8.5billion

BusinessNews  by #Ryan B of mychillermoney

     Microsoft announced  today they are  buying internet phone service , Skype for $8.5 billion.  This after news of google or facebook trying to buy Skype last week. Skype will become a new business unit within Microsoft, to be run by current Skype CEO Tony Bates. He will report directly to Microsoft boss Steve Ballmer.  Microsoft is trying to develop   itself to compete on the web and the mobile phone market.