Ina Fried

Recent Posts by Ina Fried

Gogo Secures $113 Million in Extra Financing to Put More Wi-Fi in the Sky

In-flight Wi-Fi provider Gogo said on Wednesday that it had finalized a $113 million addition to its existing $135 million credit line. “The new round of funding will help us continue to develop and operationalize our international expansion,” CFO Norm Smagley said in a statement.


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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