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Stories · 8
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In Your Face, Critics! Red Hat Passes $1 Billion In Revenue
head_dunce writes "Now that Red Hat has officially posted more than a billion dollars in revenue, ($1.13 billion to be exact), the company's PR department sent this funny list of quotes predicting doom. For instance, 'We think of Linux as a competitor in the student and hobbyist market but I really don't think in the commercial market we'll see it in any significant way.' Bill Gates, 2001." -
First Billion Dollar Open Source Software Vendor
head_dunce writes "Red Hat is doing very well in this economy. Total revenue and subscription revenue for this quarter is up 28% year-over-year. Jim Whitehurst, President and Chief Executive Officer of Red Hat said, 'Based on the strong first half results, we believe Red Hat remains well positioned to finish fiscal 2012 as the first billion dollar open source software vendor.'" -
World's Smallest Hot Rod
head_dunce writes "A new nanodragster has been built that measures about 50,000 times thinner than a human hair and going at speeds of up to .0005 inches per hour while doing a wheelie! Maybe the NHRA should stand for Nano-Hot Rod Association?" -
Red Hat — Stand Alone Or Get Bought?
head_dunce writes "It seems that this economy has inspired a lot of businesses to move to Linux, with Red Hat posting profits that beat everyone's expectations. There's a dark side to being a highly profitable company in a down economy, though — now there are talks of Citigroup and Oracle wanting to buy Red Hat. For a while now, we've been watching Yahoo fend off Carl Icahn and Steve Ballmer so that they could stay independent, but the fight seems to be a huge distraction for Yahoo, with lots of energy (and money) invested. Will Red Hat stay independent? What potential buyer would make for a good parent company?" -
Red Hat to Enter the Desktop Market
head_dunce writes "It looks like Red Hat is going to release their Global Desktop Linux in September and give Ubuntu a challenge for the Linux desktop market. Red Hat Global Desktop 'would be sold with a one-year subscription to security updates.'" It looks like another choice for the proverbial Aunt Tillie. The release is being delayed in order to provide greater media compatibility, "to permit users to view a wide range of video formats on their computers." -
Dell to Offer More Linux PCs
head_dunce writes "According to this article, Mark Shuttleworth from the Ubuntu camp says Dell is seeing a demand for the Linux-based PC and, "There are additional offerings in the pipeline." I'm starting to see flashbacks of the days when Microsoft partnered up with IBM to gain control of the desktop market. Will other Linux flavors find their way to the likes of Lenovo or HP, etc, or will Ubuntu claim the desktop market working with other PC manufacturers?" -
Michael Dell Returns to CEO Role at Dell
head_dunce writes "It looks like Michael Dell is jumping back into the big chair at Dell because his company is slipping under the direction of Kevin Rollins. I wonder if they should be looking outside the company for new ideas, or if going back to basics is what needs to be done?" -
Red Hat Sales Surge
head_dunce writes "Red Hat has reported earnings from its third quarter, and it did quite a bit better than expected. Even with the movement within the business by Oracle and SuSE/Microsoft, Red Hat came out quite a bit ahead. TheStreet.com reports on the company's $29.6 Million dollars windfall, and some of the tough times the company has had in the past year. From the article: 'CFO Charlie Peters said on a conference call with analysts that the company is "cautiously optimistic that competitive efforts by some of the largest technology companies in the world are actually expanding our opportunity."'"