Microsoft is about to close a $8 billion deal to purchase Skype, reports the Wall Street Journal. The deal, if true, would be one of the biggest Microsoft has ever done, and would strengthen its Web-based assets, putting the company in a better position to compete with Google and Apple.
As soon as word spread that Microsoft is buying Skype for $8.5 billion dollars, my Twitter stream filled with tweets worrying that Microsoft would somehow ruin the service (yes, there was at least one primal scream). Millions rely on the the free online voice and video calling service to stay in touch with friends, family and co-workers, while paying little or nothing. Others more astutely guessed that Microsoft was buying the VoIP calling service to block Google from buying it.