Peter Kafka

Recent Posts by Peter Kafka

Twitter Confirms Bluefin Labs Buy

As we reported yesterday, Twitter has acquired Bluefin Labs, the social media analytics company. One change from our earlier report: We hear that Twitter ended up paying around $90 million, plus earn-outs, for the startup. More from Twitter’s blog here.

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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