Peter Kafka

Recent Posts by Peter Kafka

Mobile Ad Network Millennial Media Nearly Doubles on First Day

A big pop for Millennial Media: Shares in the mobile ad network, which priced at $13 in advance of its IPO yesterday, shot up immediately Thursday morning to $25; climbed as high as $27.90; and ended back around $25, up 92 percent. That gives the money-losing company a market cap of $1.9 billion; Google and Apple paid much less to acquire Millennial’s primary competitors in the last few years.


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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik