Peter Kafka

Recent Posts by Peter Kafka

Verizon Confirms EdgeCast Acquisition

Verizon is buying EdgeCast, a content-delivery network. The telco didn’t announce a price, but TechCrunch, which first reported the deal, said the transaction would value EdgeCast at $350 million. The deal is supposed to close in early 2014.


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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