Airtime Introduces Video Chat Service - NYTimes.com

I wonder how much of the ~$40M invested in Airtime was spent on the launch event yesterday

"Mr. Parker took a swipe at the Microsoft-owned audio and video chat service Skype, describing it as “archaic technology.” But Skype has grown tremendously in the last year. It is used for work-related chats, but is also used by people in long-distance relationships and parents eager to show off a new baby to faraway relatives. Skype says the number of calling minutes on the service leapt 40 percent to 100 billion in the first three months of this year from the year-earlier period, and approximately half of those included video.
Apple has its own video calling service, FaceTime, and Google added a chat tool called Hangouts to its Google Plus social network. Airtime also faces social-minded start-up competitors like TinyChat, ooVoo and Ustream."

Airtime Introduces Video Chat Service - NYTimes.com