Mike Isaac

Recent Posts by Mike Isaac

Facebook Invests in Asian Fiber-Optic Cable Network

In an attempt to further support one of the company’s fastest growing overseas markets, Facebook has invested an undisclosed sum of money in Asia Pacific Gateway, an underwater cable network delivering Internet to many Southeast Asian countries. Facebook’s investment is part of a $450 million pooled investment among a consortium of firms, aimed at increasing Internet delivery speeds while taking some of the burden off Singapore, which now acts as the main hub of Web traffic.


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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