Ina Fried

Recent Posts by Ina Fried

Intel Launches $100 Million App Fund

Intel Capital on Tuesday announced a new $100 million AppUp fund aimed at spurring development of programs that run on netbooks, ultrabooks and other consumer laptops. Among the fund’s first investments is a stake in Urban Airship, made as part of that company’s recently closed $15 million funding round.

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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