Microsoft recently paid $8.5 billion for Skype and even though Facebook and Google lost in the bidding wars offering a measly $3-4 billion, nonetheless nowFacebook announces that Skype will be available for video calling! Mark Zuckerberg said:

Users will be able to click a button in Facebook to call a friend. If the friend does not already have the plugin required for video chat, the friend will see a pop-up to download the plugin. That download should just take 10 or 20 seconds.

Facebook now claims to have 750+ million active users who spend over 700 billion minutes per month on Facebook. Surely the addition of Skype portends great things for the future of Social Media and Facebook, but probably not Google since beta testing of Google+ (latest Social Media project) has privacy bugs which must be fixed before its public launch.

What’s next for Facebook? Google? Social Media?

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