Kara Swisher

Recent Posts by Kara Swisher

WSJ.Com's "Digits": Is Wal-Mart's Future Bright With Kosmix?

Yesterday, from the back of the official All Things Digital minivan, BoomTown donned the official ATD Ray-Ban Aviators to talk on WSJ.com’s “Digits” online news show about the $300 million acquisition of Kosmix by Wal-Mart announced earlier this week.

The deal for the Silicon Valley site, which has built a social media platform that organizes content by topic, will be interesting to watch, since the retail giant has tried a number of digital moves in years past that seem to have had negligible impact.

Such as its Vudu movie service, which Wal-Mart bought last year for $100 million, as MediaMemo’s Peter Kafka also noted on the program.

(By the way, it goes without saying, I do not pontificate and drive–at least not on a Skype video connection.)

Here’s the video:


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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