Kara Swisher

Recent Posts by Kara Swisher

Kara Visits MySpace Party in San Francisco!

At the end of the night of the first day of the Web 2.0 Summit, MySpace threw a party at San Francisco’s Museum of Modern Art, where the No. 1 social-networking site showed off its Beverly Hills style and planted a flag (in the form of a new office about to open in the city soon) to counter Facebook’s much-hyped popularity with Silicon Valley types.

It was quite a fancy shindig, with more Web kingpins than you can shake a third-party app at, including YouTube Co-Founder Chad Hurley, News Corp. head Rupert Murdoch (owner of MySpace), VC Ron Conway and, of course, a clutch of Facebook execs (who are deep in negotiations over new funding and deals, but managed to travel an hour north for a free drink).

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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work