Ina Fried

Recent Posts by Ina Fried

Report: Justice Department Extending Review of ATT-T-Mobile Deal

The Justice Department appears ready to take its time reviewing AT&T’s planned $39 billion takeover of T-Mobile USA. According to Bloomberg, the DOJ has requested more information from the companies, a move that signals a longer review period. An AT&T representative declined to comment, though the company has been girding for a prolonged fight. Sprint has vocally opposed the deal and vowed to try to convince regulators to block the acquisition. Both the DOJ and Federal Communications Commission need to sign off for the deal to go forward.


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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