Peter Kafka

Recent Posts by Peter Kafka

Magnify Finishes Waywire Acquisition

Video distributor Magnify has completed the acquisition of Waywire, the video startup best known for its connection to politician Cory Booker. As we reported earlier, Magnify will now power Waywire’s video curation/aggregation site. Booker, who donated his shares in Waywire to charity last week, won one of New Jersey’s U.S. Senate seats in a special election yesterday.


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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