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NEWS BRIEFS | View All | RSS | Updated: Wed, May 17, 2006 05:07 pm PDT

Skype Faces $4.1 Billion Racketeering Lawsuit

Mar 29, 2006 | Inside: Legal Issues

Posted by Voiponder Reporter Print | Email

Internet phone service provider Skype Technologies said it plans to defend itself against explosive allegations that its technology is actually owned by another company, Streamcast Networks.

Skype, owned by eBay, of San Jose, Calif., has been accused of creating a secret shell firm in order to steal away some peer-to-peer technology developed by Streamcast, then use it to build the Skype service, according to a lawsuit Streamcast filed in January in U.S. District Court in Los Angeles.

Streamcast’s complaint was first reported upon the week of March 27 by Andy Abramson of the Web site VoIP Watch. 

Read Full Story —eWeek |

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