Google and Skype invest in startup to link hotspots and help owners charge for Wi-Fi access
" NEW YORK 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.
FONs 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.
Linus members, named after Linus Torvalds, who created the freely distributed Linux software, will share their hotspot with other Linus members for free ... "
http://ap.cjonline.com/pstories/technology/20060205/3626450.shtml
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.
FONs 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.
Linus members, named after Linus Torvalds, who created the freely distributed Linux software, will share their hotspot with other Linus members for free ... "
http://ap.cjonline.com/pstories/technology/20060205/3626450.shtml
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