Peter Kafka

Recent Posts by Peter Kafka

Financial Times Buys App Developer Assanka

The Financial Times has purchased Assanka, a London-based Web and app developer. The FT has already been working closely with the 12-person shop on projects like the Web app it built to replace the one it removed from Apple’s App store, as well as an Android app. FT CEO John Ridding announced the deal via an internal memo this morning.


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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