Arik Hesseldahl

Recent Posts by Arik Hesseldahl

Regulators Clear Dell’s $25 Billion Buyout

Computing company Dell said today that it had cleared all the regulatory hurdles necessary to complete the transaction to go private. Shareholders approved the move to sell the company to CEO Michael Dell and private equity firm Silver Lake for $24.9 billion. The transaction had been bitterly contested by several shareholders, most notably activist investor Carl Icahn.


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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