Ina Fried

Recent Posts by Ina Fried

Samsung Electronics Took in Roughly $40 Billion Last Quarter

Samsung Electronics reported preliminary first-quarter earnings on Thursday, saying that the company took in revenue of about 45 trillion won ($39.8 billion), with operating profit of approximately 5.8 trillion won ($5.1 billion).


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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