SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : IDT *(idtc) following this new issue?*
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: carreraspyder2/24/2008 9:47:34 PM
   of 30916
 
ebay's 2-year later counter to idt's skype lawsuit

EBay sues rivals over phone patent

EBay Inc., owner of the Skype phone service, sued Newark-based IDT Corp. and its Net2Phone unit, claiming IDT's PennyTalk calling cards infringe a patent for Internet-based telephone calls.

EBay owns a patent issued in 2000 for a "long distance telephone communications system" using the Internet. IDT's PennyTalk cards, which can be reused as customers add more money to their accounts, charge 1 cent a minute for U.S. calls and 2 cents for international calls.

Net2Phone, which IDT bought in 2006, sued EBay and Skype the same year in federal court in Newark, over patented technology for Internet telephones. A pre-trial conference in the case is scheduled for June. IDT (IDT) fell 2 cents to $6.59 in New York Stock Exchange composite trading. EBay, (EBAY) the world's largest online auctioneer, rose 69 cents to $27.71 in Nasdaq Stock Market trading.

app.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News