Peter Kafka

Recent Posts by Peter Kafka

Verizon Q2 Numbers Hit Wall Street Estimates

Verizon delivered the Q2 results that analysts were expecting this morning: Earnings of 64 cents a share on revenue of $28.6 billion. The company said its wireless unit added 888,000 net customers, compared to the 666,000 consensus, but Wall Street would still like something else — shares are down 1 percent in pre-market trading.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald