Skype 7.4 has stopped working.

Question

I have made sure that all my drivers are up to date and that windows is also all up to date. I've uninstalled Skype and rebooted and installed Skype again and nothing seems to work. I'm at a lose as to what to do. Here is my error message:
Faulting application name: Skype.exe, version: 7.4.80.102, time stamp: 0x55311f54
Faulting module name: Skype.exe, version: 7.4.80.102, time stamp: 0x55311f54
Exception code: 0xc0000094
Fault offset: 0x00b80b0d
Faulting process id: 0x724
Faulting application start time: 0x01d081d095607065
Faulting application path: C:\Program Files (x86)\Skype\Phone\Skype.exe
Faulting module path: C:\Program Files (x86)\Skype\Phone\Skype.exe
Report Id: d5fa0194-edc3-11e4-a716-0862664a33e0

Answer 1

All of a sudden I am getting a "Skype has stopped working" error every time I try to open.
Please help. I tried most if not all of the suggestions on line. Thank you!
Here is application error log and I included Direct X Log. Thanks again for assistance...
Log Name:      Application
Source:        Application Error
Date:          5/2/2015 6:07:39 PM
Event ID:      1000
Task Category: (100)
Level:         Error
Keywords:      Classic
User:          N/A
Computer:      LivingRoom
Description:
Faulting application name: Skype.exe, version: 7.4.80.102, time stamp: 0x55311f54
Faulting module name: mshtml.dll, version: 11.0.10074.1, time stamp: 0x553c5bab
Exception code: 0x4000001f
Fault offset: 0x00db59e7
Faulting process id: 0x14c0
Faulting application start time: 0x01d0852465ca61c3
Faulting application path: C:\Program Files (x86)\Skype\Phone\Skype.exe
Faulting module path: C:\Windows\SYSTEM32\mshtml.dll
Report Id: 6c536df0-c62f-482a-a526-293cc91c7922
Faulting package full name:
Faulting package-relative application ID:
Event Xml:
<Event xmlns="http://schemas.microsoft.com/win/2004/08/events/event">
  <System>
    <Provider Name="Application Error" />
    <EventID Qualifiers="0">1000</EventID>
    <Level>2</Level>
    <Task>100</Task>
    <Keywords>0x80000000000000</Keywords>
    <TimeCreated SystemTime="2015-05-02T22:07:39.000000000Z" />
    <EventRecordID>3427</EventRecordID>
    <Channel>Application</Channel>
    <Computer>LivingRoom</Computer>
    <Security />
  </System>
  <EventData>
    <Data>Skype.exe</Data>
    <Data>7.4.80.102</Data>
    <Data>55311f54</Data>
    <Data>mshtml.dll</Data>
    <Data>11.0.10074.1</Data>
    <Data>553c5bab</Data>
    <Data>4000001f</Data>
    <Data>00db59e7</Data>
    <Data>14c0</Data>
    <Data>01d0852465ca61c3</Data>
    <Data>C:\Program Files (x86)\Skype\Phone\Skype.exe</Data>
    <Data>C:\Windows\SYSTEM32\mshtml.dll</Data>
    <Data>6c536df0-c62f-482a-a526-293cc91c7922</Data>
    <Data>
    </Data>
    <Data>
    </Data>
  </EventData>
</Event>
Attachments:
DxDiag.zip ‏15 KB