Peter Kafka

Recent Posts by Peter Kafka

AT&T Walks Away From Its Yellow Pages

AT&T has sold off a majority stake in its Yellow Pages business unit for about $1 billion. Private equity firm Cerberus Capital Management will pay the telco $750 million cash and take on $200 million in debt in exchange for 53 percent of the directory business, which generated $3.3 billion in revenue last year.


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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus