Though $8 Billion sounds crazy, Skype will offer Microsoft value for cloud collaboration in the next 5 years.

After the exploit was spotted and covered in elaborate by Androidandme, Skype issued a statement assuring a fix to the problem. It took them less than a week, and a Skype has issued a fix to their problem.

Skype for Android is potentially vulnerable. So much so that it exposes personal data to any app asking for it and saves files unencrypted with wrong permissions.

HTC Thunderbolt owners can finally do video chat with their friends, by installing a leaked Skype APK with video calling support.

Skype has filed a recent S-1 statement that shows significant growth in Skype’s revenues as well as user base.

Ubuntu 11.04 will include a microphone volume slider in the unified sound menu along with the speaker volume slider in the unified volume menu.

Mozilla add-ons team is blocking Skype Toolbar in Firefox because it Crashes Firefox. In the last week, Skype Toolbar crashed Firefox 40,000 times.

Skype has acquired Qik, a mobile video startup for $150 million. Qik has close to 5 million users on various mobile platforms like Android, iPhone, Blackberry, Symbian etc.

After numerous leaks, the HTC Thunderbolt has finally been unveiled by Verizon and HTC at the CES 2011. The HTC Thunderbolt features a mammoth 4.3-inch S-LCD screen with WVGA (800×480) resolution.

If you are enjoying the CES 2011, there might be quite a lot of more good things coming your way. In a few hours time Skype will be holding their press conference at CES 2011.

Nearly a week ago, we had reported that Skype will soon be bringing video calling feature to the iPhone 4. Initially, it was expected that Skype will make this huge announcement at the upcoming CES 2011. However, the looks like the company has some other plans for CES as today they have released an updated version of Skype for iOS which enables video calling.

What happened on December 22nd, when Skype, the number one VOIP service, crashed for 24 hours? The CIO for Skype finally comes clean on what went wrong and how they plan to avoid future problems.

Skype is a very popular VOIP application for many OS’s including mobile operating systems like iOS and Android. It also supports video conferencing on Windows and Mac. Skype had earlier announced that they will be making some huge video calls related announcement at the upcoming CES. Now, it looks like the company is all set to bring video conferencing to handhelds as well.

Skype is down. Skype service is down for million users. Skype engineers are working on restoring services.

Best mobile apps of the week for iOS, Android and Symbian. Learn more about Twitter for iOS, Skype for Symbian and TweetDeck for Android in this week’s mobile apps spotlight.