Peter Kafka

Recent Posts by Peter Kafka

Google Bumps Up Size, Cost of Motorola Cuts

Google says that cuts at its newly acquired Motorola Mobility unit will be broader than it first thought, and it will now spend $300 million on severance charges. In August, the company told investors that those charges would cost $275 million. Google says it will also spend another $90 million on “other charges related to facility and market exits,” and says more cuts and charges may come, “some of which may be significant.”

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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