Mike Isaac

Recent Posts by Mike Isaac

LinkedIn Shares Reach Record High

Not two days after Kara Swisher reported that LinkedIn would soon acquire the Pulse news reader app for more than $50 million, shares of LinkedIn were trading at a record high on Wednesday morning, reaching $181.47 at their peak before settling back down around $179, a gain of about 2 percent for the day. The company also reported record earnings last quarter, outperforming analysts’ expectations.


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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