Friday, September 19, 2003

AOL to Be Dropped by Time Warner. AOL Time Warner plans to change its name to Time Warner and its stock symbol to "TWX" over the next several weeks. By Andrew Ross Sorkin and David D. Kirkpatrick. [New York Times: Technology]
1:21:16 PM    

Red Hat Posts Its Best Quarter Yet
Red Hat Posts Its Best Quarter Yet

Red Hat Software

Linux

Software

Businesses

Posted by CowboyNeal on Friday September 19, @04:26AM

from the more-than-just-hanging-in-there dept.

wrinkledshirt writes "Anybody remember the days when the naysayers said you couldn't build a viable business model centered around open-source software? After Red Hat's 2nd quarter report, well, insert(&mouth, FOOT); is all I have to say. Okay, okay, the hubris of a Linux zealot aside, the numbers look pretty good. Revenue for the quarter was $28 million, with net income at $3 million. You'd think SCO's blathering would have damaged them, but they're actually up the last couple of quarters after posting some net losses in previous quarters." Kudos to Red Hat. They must be doing something right.
[Slashdot]
1:19:52 PM    


Review: Java Desktop System on Linux. - by Chris Gulker - Open source is ready for the real world. Sun Microsystems' just-released Java Desktop System for x86 is a polished Linux desktop that rivals Windows XP and even Mac OS X for fit, finish and ease of use. Whether corporations, governments and educational institutions adopt it will likely have more to do with migration issues and financial concerns than the viability of this Gnome-based user environment. [Linux.Com: NewsForge Reports]
1:10:00 PM    

New worm poses risk to corporate networks. The new Win32.Swen.A virus travels through e-mails that closely resemble official Microsoft updates. [Computerworld News]
8:45:00 AM