Whatever Happened to Skype?

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By Douglas A. McIntyre Updated Published
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Whatever Happened to Skype?

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[cnxvideo id=”625487″ placement=”ros”]Skype, the revolutionary free video call service, is still here, although it rarely gets discussed in the world of Snap Inc. (NYSE: SNAP), Instagram and Facebook Inc. (NASDAQ: FB). Skype has somewhere close to 300 million active users, which puts it on par with Twitter Inc. (NYSE: TWTR). However, Skype arguably has more useful features that some of these newer technologies, at least for people who want to mimic phone calls and video communications for free. That 300 million hardly makes Skype invisible, no matter how little it shows up as a primary means to connect people and businesses.

When Skype was launched in 2003, the notion that people could connect via video call was something new, particularly because the service was free. It was a time when long distance calls, particularly those made overseas, could still be expensive, and video call technology was not available to most people at all. The innovations of the product were great enough that eBay Inc. (NASDAQ: EBAY) bought the company for over $2.5 billion in 2005. That made it a father of the “unicorn” category. After it passed through other hands, Microsoft Corp. (NASDAQ: MSFT) paid $8.5 billion for it in 2011.

Microsoft has incorporated Skype into some of its business services. It has been integrated into the software company’s business server tools, particularly. It also has made Skype into a business video conference call technology. This allows businesses to forgo more expensive video call technology. Presumably, Microsoft thinks this makes its business tools software productions more attractive.

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Skype’s evolution as a means for people to communicate, even without Microsoft business tools, continues. It only recently announced several new features:

At Skype, we’re constantly working to develop new ways to help you make connections with friends, family and coworkers easy and natural.

With this in mind, we are expanding our Skype extension for Google Chrome to enable Skype integration across more of the online tools you use every day, including calendars, email, and even social media. With the latest update of the Skype extension for Chrome, you can create and insert Skype call links with just one click or tap, from right within your email, calendar item, or tweet.

This update comes in addition to the already offered Skype extension features, such as the ability to communicate directly from within your browser, share web pages and launch Skype with one click or tap.

Skype may have been forgotten in some circles in which it used to be well known. But it is not gone.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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