Thailand reported three more deaths on Wednesday, taking the toll in the kingdom to 18, with a total of 537 fatalities now confirmed across the region
The previously announced sale of a 70 percent stake in Skype for some two billion dollars had been held up by lawsuits filed by Skype founders Niklas Zennstrom and Janus Friis.
Zennstrom, a Swede, and Friis, a Dane, settled the suits this month and will hold a 14 percent stake in Skype through their new company, Joltid Ltd.
Fifty-six percent will be held by an investor group led by private equity firm Silver Lake Partners, the Canada Pension Plan Investment Board, venture capital firm Andreessen Horowitz and others.
EBay will retain a 30 percent equity investment in Skype.
EBay received 1.9 billion dollars in cash and a note for 125 million dollars for the 70 percent stake in Skype.
The deal values Skype at 2.75 billion dollars.
EBay purchased Skype from Zennstrom and Friis in 2005 for a price tag that eventually exceeded 3.1 billion dollars.
Skype, which has its headquarters in Luxembourg, bypasses the standard telephone network by channeling voice and video calls over the Internet.
Its allows users to call others free of charge and provides the ability to connect with land lines or mobile devices at low rates.
Thailand reported three more deaths on Wednesday, taking the toll in the kingdom to 18, with a total of 537 fatalities now confirmed across the region
Nasa satellites picked up intense heat sources emanating from an area of about 14 sqkm at the site and earthquake monitoring stations picked up a small quake in the area
This new technology has been jointly developed by Microsoft, Invest in Sharjah and Sharjah Publishing City
The FDA's breakthrough tag is given to certain medical devices that provide treatment or diagnosis of life-threatening conditions
The full calendar of DSF events will be unveiled soon
CFIUS extends timeline to review Nippon Steel's US Steel bid
Interior Minister Gerald Darmanin, a staunch Macron ally, says it is 'out of the question' to join or even back a government that raised taxes
US vice-president stresses a two-state solution and Middle East stability in a way that does not empower Iran