Microsoft Buys Skype & to Buy Penny Stocks

Let's listen good news for this week, yes, stocks are rising with the news Microsoft Corporation announced today to buys Internet telephony pioneer Skype for $8.5 billion in cash (including debt). This is the maximum price of history in software maker. In May 2007, Microsoft bought advertising network aQuantive for $6 billion. With this news, oil prices fell a little.

More rumor said that Facebook and Google’s offers were about $3-4 billion.

Skype software allows users to talk and chat for free online via internet, voice and video and can also connect them to a land line or mobile phone for a fee. It's free if you chat to other users within Skype.

Let's read more info about this buying.

Right now, Skype with the power of Microsoft can connect to Microsoft Lync, Microsoft Outlook and Xbox Live. This deal of Microsoft will allow MS accessing to users (about 170 million people) in every month in database.

Dow Jones up 42 points to 12,727, Nasdaq up 13 points to 2,857 to 1,352 and S&P 500 up 6 points. ithium Exploration Group (OTCBB:LEXG) down 20% at $2.95, Jammin Java Corp. (OTCBB:JAMN) up 4% at $3.33, Shares of Baristas Coffee Company Inc. (OTC:BCCI) up almost 80% at $0.2690.

P.S. Thanks to AssociatedPress for the clip.

Source: Yahoo Finance, Penny Stock Classroom, Wiki