Peter Kafka

Recent Posts by Peter Kafka

Yahoo, Microsoft Renew Search Ad Deal

Yahoo and Microsoft have extended a deal that guarantees revenue for each search a Yahoo user makes using Microsoft’s Bing engine. The deal was initially struck in late 2009, was renewed again in 2011 and expired on March 31 of this year. The new deal — CEO Marissa Mayer’s first with Microsoft — kicked in April 1 and goes for another 12 months; Yahoo disclosed the pact in an SEC filing today.


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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