Thursday, May 25, 2006

Streamcast sues Skype/eBay for $4bn

"StreamCast has just expanded its lawsuit against the firms to include eBay, Skype's new owner. With the new addition, the stakes in the case are substantially higher—StreamCast is now asking for US$4 billion in actual damages, US$12 billion in treble damages, along with various and sundry other damages and fines. "

"The complaint itself has more strange plot twists than a soap opera, but it remains to be seen whether the case is anything more than an attempted money grab now that Skype has made it big. "

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