Peter Bright thinks the Microsoft takeover of Skype, at least on current terms and at the current price, is a pretty dumb idea. He makes his case with a clairity that could stand as an exemplar of a good business-school case study. Meanwhile Mike Butcher tries to puzzle out what it means for Apple. Just in general, isn't it a good rule of thumb that when bloated and cash-rich behemoths start paying top dollar for other companies, it means they've run out of ideas and perhaps lost their since of corporate purpose?
And did I mention that today was the day I put the Skype app on my Iphone?
Update: Ritholtz has the history nailed. Mr. Softee, heh.