Peter Kafka

Recent Posts by Peter Kafka

Rdio Rounds Up More Cash for Online Music

No one has figured out how to make online music subscriptions really work, but people are still trying: Rdio has raised a new $17.5 million round led by Mangrove Capital. The company had previously raised at least $6 million from Skype and its founders; the new dollars are supposed to help it compete with Apple’s iTunes and a host of other subscription services, including Spotify, Rhapsody and MOG.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald