Ina Fried

Recent Posts by Ina Fried

AT&T Spends $780 Million to Aquire Alltel Retail Business

AT&T said on Tuesday that it plans to pay $780 million to buy Alltel’s retail customer business from Atlantic Tele-Network. The all-cash deal is still subject to regulatory approval, among other conditions.


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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