Mike Isaac

Recent Posts by Mike Isaac

Instagram Acquires Video Sharing Startup Luma

Luma, a video capture and sharing service, announced Friday it has been acquired by Instagram. Terms of the deal, which was first reported by TechCrunch, were not disclosed. The company plans to shutter the service as a result of the acquisition; users will have until December 31 of 2013 to download their videos from Luma. A Facebook spokeswoman confirmed the deal.


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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