Jason Del Rey

Recent Posts by Jason Del Rey

Braintree Officially Joins PayPal as $800 Million eBay Acquisition Closes

EBay’s $800 million purchase of payments startup Braintree on behalf of its Paypal subsidiary has closed, according to a PayPal blog post. The acquisition gives Paypal a strong foothold in the world of mobile app payments, which it hopes to bolster with the smaller acquisition of StackMob, announced earlier this week.


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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