Peter Kafka

Recent Posts by Peter Kafka

Verizon Earnings in Line

Verizon posted Q4 earnings of $0.52 a share on revenue of $28.4 billion, in line with Wall Street’s consensus. The company’s wireless unit added one million customers over the quarter, while its video FiOS offering added another 200,000.


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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