Shares of Red Hat plunged 23 percent Wednesday after the maker of Linux software said its second quarter profit fell on stock options costs. The company also cut its cash-flow forecast for the rest of the year. Red Hat said profits in the second quarter were down more than 32 percent, largely due t...
Microsoft came out swinging Monday, telling a European court that regulators made "serious errors" of judgment when they found the software maker guilty of antitrust behavior more than two years ago -- among them forcing it to produce a version of Windows that consumers don't want. Attorneys for Mic...
Oracle CEO Larry Ellison has once again sparked intense speculation about his company's next move, saying in a published interview that it might make sense for Oracle to be able to offer a Linux-based operating system and that his company is considering some acquisitions to make that happen. Ellison...
Sun Microsystems on Thursday said it has entered into a definitive agreement to purchase Aduva. Aduva's solution attempts to ease the management of open- and mixed-source server stacks. Aduva's technology competes with products from Levanta, Red Hat, PatchLink and BigFix. Sun was particularly attrac...
Microsoft's rivals on Wednesday banded together to bring a new charge against the software giant to the European Commission: unfair competition. Microsoft "threatens to deny enterprises and individual consumers real choice," the European Committee for Interoperable Systems argued. The ECIS was forme...
PalmSource, the mobile software maker that has seen its share of the hand-held market eroded by smartphones and other competitors, has agreed to be purchased by a Japanese software firm in a deal worth about US$324 million. Access, best known as the maker of the NetFront mobile device Web browser, s...
Two motorcycles collide, Ben Hur style, spilling four lads out across the roadway, slick with gray water. They pick themselves up, brush off their clothes, pull fenders and other peripherals back into place, then speed away. Not one harsh word is exchanged. Nor is there a single helmet among the lot...
Overstock.com was preparing for its biggest sales day ever. It was just days before the notorious Black Friday, traditionally one of the busiest shopping days of the holiday season, and the discount online retailer was all set to break its previous year's sales record. And then it happened -- its in...
On the heels of Red Hat's foray into China last week, Microsoft today announced that it will hire hundreds of new employees at its Indian campus next year. Microsoft currently employs 800 people at its US$400 million 28-acre campus just outside India's high-tech hub of Hyderabad in Manikonda. Compan...
The inflation and oil price fears that helped keep U.S. stocks trading in a narrow zone all week also subdued things on Friday, although all major averages managed to close out the week in the black. The Dow gained 38.89 to close at 10,416.41. The Nasdaq rose just 3.06 points, ending the week at 1,9...
Adding another chapter to the epic debate over the relative value of the open-source Linux operating system, the Yankee Group has released a report stating that switching from Windows to Linux can be up to four times as costly and take three times as long as upgrading from one version of Windows to ...
Following the lead of high-profile Linux vendors HP and Novell, Red Hat has announced it will offer legal protection to all existing and future customers of its enterprise installations of the open-source operating system. Novell's decision last week to indemnify customers of its newly acquired SuSE...
In a sign that one of the main combatants in the browser wars is ready to lay down its arms, AOL has cut workers from its already shrunken Netscape division and has cut loose the Mozilla open-source browser project. The move comes about a month and a half after AOL and Microsoft settled a long-simme...
A little over a year ago, an international consortium of four vendors announced they were pooling their talents and resources to create UnitedLinux -- a new, standardized flavor of the open-source Linux OS. However, UnitedLinux has not made many headlines since then, and SCO, one of the consortium m...
According to Giga/Forrester analyst Stacey Quandt, tech-oriented organizations, such as the Johnson Space Center and the U.S. Census Bureau, have begun using the Linux operating system on their desktop computers, and several insurance and financial services firms also are evaluating it. Has Linux fi...
Ban
Regulate
Maintain status quo
Undecided
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