Zennström quits as Skype chief exec

VoIP firm loses co-founder after two-day outage and dissapointing revenues

Tom Sanders in California

Niklas Zennström has stepped down as chief executive of Skype.

Zennström is chief strategy officer at eBay, which owns Skype, and will temporarily take over the position of executive chairman at Skype while a permanent replacement is sought.

Advertisement

He has been appointed as non-executive chairman of Skype's board of directors.

The management change comes shortly after Skype was hit by an embarrassing and widely publicised two-day outage in August.

The service interruption was traced back to an error in the Skype software that was triggered by a Microsoft update. A forced reboot after the Windows update effectively launched a denial-of-service attack against the VoIP service.

EBay acquired Skype for $2.6bn in 2005, but critics have always questioned the auction service's ability to earn back the acquisition sum.

EBay had argued that it would increase Skype's appeal by offering premium services such as the ability to call the seller of an auction item.

Skype posted revenues of $90m in its most recent quarter, and boasts 220 million registered users.

However, eBay chief executive Meg Whitman admitted in a conference call discussing the June 2007 earnings that Skype had failed to deliver the desired level of user activity.

Since the sale of Skype to eBay, Zennström has started up a new online video company under the Joost brand. The service was officially unveiled last January.

A spokesperson for eBay did not immediately return a call requesting comment on the reason for Zennström's departure.

  • Have your say
  • Send to a friend
  • Print
  • Digg
  • Reddit
  • Share

Tags:

Do you agree?

Related whitepapers

Related jobs

Most watched

Xperia X1

Video Review: Sony Ericsson Xperia X1

First Looks Editor Ian Williams gets hands on with the Sony Ericsson Xperia X1

iPhone

Video Review: iPhone 3GS

We put Apple's latest iPhone through its paces

IT white papers

Search white papers

Top categories

Poll

Poll: Summer smartphones

Poll: Summer smartphones

Which smartphone will you be taking to the beach this summer?

View poll results

Advertisement

Advertisement

Newsletter signup

Sign up for our range of FREE newsletters:

Existing User

Newsletter user login:

Enter email address to edit your newsletter preferences

Job of the week

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Hiring now on ComputingCareers:

Related IT jobs

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Spotlight

HTC Hero

Hands on with the HTC Hero

V3.co.uk gets a walk through of the Hero, which includes...

NetGear ReadyNAS NVX

Review: NetGear ReadyNAS NVX

NetGear's four-bay compact network-attached storage gets a serious speed boost

AMD

AMD adds to six-core Opteron line up

New HE processors promise even lower power consumption

Adobe Systems

Adobe launches ColdFusion 9 and ColdFusion Builder

Firm promises enhanced developer productivity

Primary Navigation