Google and Skype invest in startup to link hotspots, charge for 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 (?18.24 million) investment in FON, the Spanish startup. In its announcement Sunday, FON did not say how much each investor was contributing.
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