Daily Archives: August 9, 2010

Skype’s filing for an initial public offering on Monday comes as the communications service is reaching a new level of maturity.

Skype is available on a growing number of devices as rivals such as Apple’s FaceTime struggle to establish meaningful connections with customers and other services. Read more

From the FT’s beyondbrics blog
The debate on protectionism in the US took an ugly turn last week when Charles Schumer, a New York Senator, likened India’s Infosys, an IT giant, to a ‘chop shop’.

What was the Democratic Senator trying to say? A chop shop is a place where stolen cars are dismantled so their parts can be resold. As a description of one of India’s most well-respected companies, the best you can say is that Schumer’s comment was misguided. Read more