Mike Isaac

Recent Posts by Mike Isaac

Sony Acquires Cloud-Gaming Company Gaikai for $380 Million

Sony Computer Entertainment announced on Monday that it would acquire cloud-based gaming company Gaikai Inc. for roughly $380 million. The move into the cloud business marks a significant shift for SCE, a company best known for its PlayStation console gaming systems. Sony plans to establish its own cloud-based gaming service as a result of the acquisition.

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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