Peter Kafka

Recent Posts by Peter Kafka

Yahoo, Microsoft, AOL Formally Announce Ad Pact

Yahoo, Microsoft and AOL have formally announced the joint ad-selling pact they first began pitching six weeks ago. The non-exclusive deal allows each company to sell the others’ “premium non-reserved online display inventory”, and is meant to combat both Google as well as ad networks that currently resell some of the trios’ ads. For more background, consult the story we wrote about this in September.

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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