Peter Kafka

Recent Posts by Peter Kafka

Demand Media Buys CoveritLive Blog Tool

Here’s Demand Media’s first acquisition since it went public earlier this year: The Web content-maker has purchased CoveritLive, a live Web-blogging tool it had already backed in 2009. You can read Demand CEO Richard Rosenblatt’s rationale for the deal on Twitter; if you want to hear more from the company, particularly about its relationship with Google, tune in to its presentation at Morgan Stanley’s tech/media conference this afternoon.


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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