According to VoIP Watch's Andy Abramson, StreamCast Networks has sued Skype, claiming StreamCast owns the FastTrack peer-to-peer technology powering the Internet phone phenom Skype, which eBay bought last year for more than $2.6 billion. StreamCast's Morpheus software lets people share files, most famously music they haven't paid for. I've read most of the case late tonight, at least the version posted on Abramson's site, and for a lawsuit, it makes for an interesting read. But until I hear from Skype and other folks who can assess the claims, I'm honestly not sure what to make of it. Can't be making the folks at eBay very happy, though. (Spied via Om.)

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