Liz Gannes

Recent Posts by Liz Gannes

Yahoo Snags DreamWorks-Incubated Mobile Video App Ptch

Ptch, a mobile photo and video editing app that was created by a team spun out of DreamWorks, is shutting down so it can become part of Yahoo, the company told users today (co-founder Ed Leonard was already back at DreamWorks). Over the years, Yahoo has bought various video editing startups, including Jumpcut and more recently Qwiki. Ptch closes down Jan. 2.


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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