StreamCast Suit vs. Skype Tossed

In what will make eBay shareholders breathe a sigh of relief, the Federal courts have tossed out the StreamCast suit against Skype on grounds that Streamcast didn't make their case well enough.

Streamcast plans to pursue other matters, but give the first round victory to eBay.

UPDATE-Upon some reflection in my view, this is not closure, just the Federal Court saying this belongs at the State Court or even at the arbitration level. The case had numerous defendants and many are tied back to the Skype founders. What will also be interesting is if Streamcast ties in The Venice Project, now called JOOST, as there may be even more overlap there.