Niklas Zennström, founder of Skype, Kazaa and now Rdio, a digital music service, spoke to the Financial Times about why his Atomico Ventures fund has co-led a $42m series A round in Rovio. Is Angry Birds – Rovio’s blockbuster iPhone game – really going to be worth hundreds of millions of dollars in the years to come? Read more
Ebay’s attempt to offload Skype to a group of investors just got even more complicated.
Joost and Joltid, the companies owned by Skype founders Niklas Zennstrom and Janus Friis, today filed a motion for a preliminary injunction against Mike Volpi and Index Ventures, two of the players in the group seeking to buy Skype. If granted in full, the injunction would essentially ban Mr Volpi and Index from participating in the deal for the time being.
The motion is the latest move in a legal onslaught from Mr Zennstrom and Mr Friis that began even before the current deal for Skype was announced, and seems designed either to get them control of Skype or, more likely, make sure they get a piece of the action after a sale. Read more