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Royal Bank of Canada Cashes Out of SCO; SCO Begins Layoffs
jbell99999 is the first one to submit news that the Royal Bank of Canada is divesting itself of SCO stock. They're selling part of their preferred stock to Baystar, which has already indicated that they want to redeem their shares, and converting the rest to regular stock, which they can presumably sell on the open market. In other SCO news, Versicherung writes "The Santa Cruz Sentinel is reporting, SCO is laying off 10 percent of its worldwide workforce. The cuts come less than a month after the company brought on a new chief financial officer and just before the company ended its second fiscal quarter April 30." See also stories at Eweek and Linuxinsider.com.
....is Canadian shareholders are wiser than the US ones?
Man, that's a lot of attorneys out of work!
Minion to Darl:
".. We've analysed their attack sir, and there is a danger. Should I have your ship standing by?"
3C
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... that MS is going to end up buying SCO. Then MS will probably GPL Unix, drop all the IP suits and end up trying to look like the good guys.
Free Firefox news reader.
1. Stop suing them.
2. Then start selling an actual product.
3. Profit.
I can't wait to see how Laura Didio spins this one as a plus for SCO.
People are strange when you're Darl McBride
Linux looks ugly when you're alone
IBM seems wicked when you've just sued them
Wall Street is uneven when your stock is down
When you're Darl
Lawyers come out of the rain
When you're Darl
No one won't curse your name
When you're Darl
When you're Darl
When you're Darl
I watched C-beams glitter in the dark near the Tannhauser gate.
How do you say "off a short pier" in Chinese?
Read the bottom of the "News" item.
"Source: The SCO Group"
That's why it began with: "The SCO Group, Inc. ("SCO") (Nasdaq: SCOX - News), a leading provider of UNIX-based solutions and the owner of the UNIX operating system,....
I almost choked when I read the first line.
Managerial Aptitude Test
Q. Your the captain of a ship commanding 100 sailors. Your carrying valuable cargo you need to sell for the owner of the ship. It appears there is a hole in your ship and water is coming in fast. What's do you do?
A. Find out what's wrong and fix it
B. Tell the sailors to start bailing water and sing something happy while they do it
C. Start looking around for at the other ships pilot since this once hasn't got long
D. Move the Cargo to your personal dingy and set sail
E. Tell everyone "This is not happening, everything is normal, the ship cannot be sinking, we take precautions, you know" and remain calm. (Erik the Viking)
F. Start throwing sailors into the sea until to lighten the load?
How will this affect the release schedule for the next minor versions of the Linux 2.4 and 2.6 kernels? I've been anticipating Linux 2.6 settling down a bit before I switch and this news of SCO reducing it's tech staff by such a huge amount causes me to question investing so much of my time and energy into upgrading.
If SCO ceases to exist, will Linux still be available!? Will they open source the code so that a group of volunteers can saddle up and take the reins from this dedicated staff of SCO developers who have put so much time and effort into making Linux the great operating system that it is? Inquiring minds want to know the answers to these questions damnit.
as apparently Mr. Burns is running SCO and has a whole team of Homer Simpsons working for him. :)
Remember, Slashdot does not have a -1 disagree moderation, and no, troll, flamebait, and overrated are not substitutes.
You know that it would be untrue
You know that I would be a liar
If I was to say to you
Torvalds is a thief and a liar
Gotta stop Linux or I'm fired
Gotta stop Linux or I'm fired
Try to set the source on fire
The time to litigate is through
No time to wallow in the mire
Try now we can only lose
And our company become a funeral pyre
Gotta stop Linux or I'm fired
Gotta stop Linux or I'm fired
Try to set the source on fire, yeah
The time to litigate is through
No time to wallow in the mire
Try now we can only lose
And our company become a funeral pyre
Gotta stop Linux or I'm fired
Gotta stop Linux or I'm fired
Try to set the source on fire, yeah
You know that it would be untrue
You know that I would be a liar
If I was to say to you
Girl, our lawyers couldn't get much higher
Gotta stop Linux or I'm fired
Gotta stop Linux or I'm fired
Try to set the source on fire
Try to set the source on fire
Try to set the source on fire
Try to set the source on fire
Try to set the source on fire
In A.D. 2003
....
War was beginning
Darl: What happen?
Blake: Somebody set up us the DDOS.
Mark: We get signal.
Darl: What!
Blake: Main screen turn on.
Darl: It's You!!
Linus: How are you gentlemen!!
Linus: All your IP are belong to us.
Linus: You are on the way to destruction.
Darl: What you say!!
Linus: You have no chance to survive make your time.
Linus: Ha Ha Ha Ha
Darl: Take off every 'IP claim'!!
Blake: You know what you doing.
Darl: Move 'IP claim'.
Darl: For great injustice.