Peter Kafka

Recent Posts by Peter Kafka

Game On: DeNA Buys iPhone Developer Ngmoco for $400 Million

In case you needed another data point about the booming app economy: Ngmoco, the software company known primarily for its Apple iPhone and iPod games, has been snapped up by Japanese gaming company DeNA. The deal could be worth up to $400 million, depending on earnouts.


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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