Skype confirms pact to buy GroupMe
PHILADELPHIA (Reuters) - Skype said on Sunday it agreed to acquire GroupMe, a New York-based start-up that provides mobile group messaging services.
Terms of the deal were not disclosed.
GroupMe's services let people communicate in private groups over cellphones. The deal will allow Skype to increase its mobile communications services, the company said.
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.