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Skype was a relic of happier times

  • On February 28, 2025, Microsoft announced its decision to discontinue Skype.
  • Skype was acquired by Microsoft in 2011 for $8.5 billion to enhance its product suite.
  • Zoom surpassed Skype in the business communications market due to Skype's inadequacies for large meetings.
  • Skype's failure to adapt to mobile and cloud trends led to its decline.
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RealClearMarkets broke the news in on Friday, March 14, 2025.
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