Skype to Be Bought for $8.5 Billion by Microsoft

Skype is the internet's only known internet phone calling and communication system with VOIP like features which lets users make phone calls to each other at very low and cheap rates. Customers start with a very low balanace and can make international and local calls at unbelievable rates. Also, busniesses can setup their own skype accounts for the same.

"Skype Said to Have Demanded Over $7 Billion in Talks"
http://www.bloomberg.com/news/2011-05-10/microsoft-said-to-be-negotiating-purchase-of-internet-call-provider-skype.html