Kara Swisher

Recent Posts by Kara Swisher

Here’s the Official Yahoo Filing on Alibaba Deal

I am a bit sleepy and getting ready for our 10th D: All Things Digital conference next week, so you are going to have to read for yourself this short regulatory filing Yahoo just made about its recent deal to sell half of its large stake in China’s Alibaba Group for about $7 billion.

The deets were all reported here earlier, but knock yourself out if you want more:

YHOO-20120524-8K-20120520


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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