Peter Kafka

Recent Posts by Peter Kafka

James Murdoch Stepping Down as BSkyB Chairman

More fallout from PhoneGate: News Corp. executive James Murdoch is stepping down as chair of British Sky Broadcasting, the U.K. satellite TV company, according to a report from BSkyB’s news service. Both Murdoch and News Corp., which owns 39 percent of BSkyB, continue to be embroiled in the phone-hacking scandal that erupted last summer. News Corp. also owns Dow Jones, which owns this Web site.


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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