Venice Project

New York: Skype, the popular Internet telephone service, said Monday that it hoped to raise $100 million in an initial public offering of stock. The announcement — which came a few days after news of the initial offering by another Internet company, Demand Media — could help revive the market for technology offerings. Analysts have speculated that Skype’s sale, planned for the Nasdaq market, could be the biggest initial offering in the technology sector since Google went public in 2004 and...Read Full Story

Two more companies are jumping into the mobile streaming music field with applications that work on iPhones, giving consumers new ways to listen to millions of tracks on the go for about $10 a month. Music blog site MOG and a startup called Rdio, backed by Skype co-founders Niklas Zennstrom and Janus Friis, are both entering a market already served by Rhapsody International Inc. and Thumbplay Inc. These so-called "cloud music" services do away with the need to download songs because the...Read Full Story

Skype SA, the Internet calling service that was controlled until last year by eBay Inc., filed Monday for a U.S. initial public offering. Luxembourg-based Skype tentatively put the value of the offering at $100 million, but that's a rough estimate only used as a basis for the filing fee for the Securities and Exchange Commission. Skype did not say when its shares would go on sale, or at what price. It expects to list on the Nasdaq Stock Market under an unspecified symbol. EBay sold 70 percent...Read Full Story

In this file photo made Sept. 1, 2009, the Skype web browser is shown on a computer screen in Palo Alto, Calif. Skype SA, the Internet calling service that was controlled until last year by eBay Inc., filed Monday, Aug. 9, 2010, for a U.S. initial public offering. Luxembourg-based Skype tentatively put the value of the offering at $100 million, but that’s a rough estimate only used as a basis for the filing fee for the Securities and Exchange Commission. (AP Photo/Paul Sakuma, File) NEW...Read Full Story

Rdio is opening up its social music service to a new round of users, the company said in a blog post on Wednesday. The service, created by Kazaa and Skype founders Janus Friis and Niklas Zennström, allows users to share their taste in music with friends, and offers access to music via a Web-based client for PCs, iPhones and some BlackBerry devices. The phones can also store the music for later playback offline, and an Android application is coming soon, the blog post said.  Users who have...Read Full Story