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Google, Skype in Startup to Link Hotspots. Google and Skype Invest in Startup to Link Hotspots and Help Owners Charge for Wi-Fi Access
Google Inc. and eBay Inc.’s Skype are investing in a startup that plans to help hotspot owners charge for Wi-Fi access, a plan that could face significant opposition from Internet service providers.
The Internet heavyweights were joined by venture capital firms Index Ventures and Sequoia Capital in making a $22 million investment in FON, the Spanish startup. In its announcement Sunday, FON did not say how much each investor was contributing.
FON’s idea, floated just three months ago in a Web posting by founder Martin Varsavsky, is to sign up people who have Wi-Fi hotspots in one of two ways.
By PETER SVENSSON AP Technology Writer
Full Story: http://abcnews.go.com/Technology/wireStory?id=1583585
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