Skype is software that allows people to make phone calls over the Internet. Calls to other users of the service are free. Calls to landline phones and cellphones generally have a fee.
The company that developed Skype was bought by eBay in 2005 for $2.6 billion. eBay hoped that users of its auctions would use Skype to communicate, but few of them did.
EBay is now completing the sale of 70% of Skype for about $2 billion to a group that includes the founders of Skype. Ebay will keep 30 percent.