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Linux Business

Submission + - Citigroup to buy Red Hat (reuters.com)

DigDuality writes: Citigroup said Red Hat Inc, which posted strong quarterly results on Wednesday, is a potential takeover target as the Linux software maker's strategy attracts the attention of larger technology firms.Citigroup and RBC Capital raised their price targets on Red Hat, which also forecast full-year results in line with market estimates."We believe Red Hat is a tempting acquisition target," Citigroup analyst Brent Thill wrote in a note to clients.
Music

Submission + - ISPs may back out of RIAA Deal If Press is Bad (zdnet.com)

DigDuality writes: "The Recording Industry Association of America (RIAA), the lobbying group representing the four largest recording companies, said last month that it had enlisted the help of ISPs as part of a new antipiracy campaign. The RIAA has declined to identify which ISPs or how many. The good news? The half dozen companies (in particular AT&T and Comcast) are "skittish" about negative press and could still back out, said the sources. But as it stands, AT&T and Comcast are among the companies that have indicated they wish to participate in what the RIAA calls a "graduated response program." Bad press may never look so good."
The Internet

Britannica Goes After Wikipedia and Google 385

kzieli writes "Britannica is going to allow viewers to edit articles, with changes to be reviewed by editors within 20 minutes. There is also a bit of a rant against Google for ranking Wikipedia above Britannica on most search terms."
GNOME

Ubuntu Mobile Looks At Qt As GNOME Alternative 262

Derwent sends along a Computerworld piece which begins: "The Ubuntu Mobile operating system is undergoing its most radical change with a port to the ARM processor for Internet devices and netbooks, and may use Nokia's LGPL Qt development environment as an alternative to GNOME. During a presentation at this year's linux.conf.au conference, Canonical's David Mandala said Ubuntu Mobile has changed a lot over the past year... 'I worked on ARM devices for many years so a full Linux distribution on ARM is exciting,' Mandala said, adding one of the biggest challenges is reminding developers to write applications for 800 by 600 screen resolutions found in smaller devices. 'The standard [resolution] for GNOME [apps] is 800 by 600, but not all apps are. For this reason Ubuntu Mobile uses the GNOME Mobile (Hildon framework) instead of a full GNOME desktop, but since Nokia open sourced Qt under the LGPL it may consider this as an alternative.'"
Handhelds

Here Comes iPhone Nano, But Not In the US 177

jehovajerieh writes to us in the time-honored tradition of rampant Apple speculation, pointing to an article over on IBTimes suggesting that while the iPhone Nano may be on the way, the US might not be the first to experience this gadget bliss. "Despite limited information in the supplier channels and typical secrecy with new Apple products, insiders have confirmed that the iPhone nano is not yet in the testing labs at AT&T, Marshal says, leading him to believe that the launch will most likely be with a non-US carrier. 'Obviously, the best-case scenario here would be a China launch (~600mil+ wireless subscribers total in the country), but we have no definitive knowledge of this and are working on identifying the [locale] of launch and other pertinent details,' he said."
Microsoft

Microsoft Rumored To Lay Off Thousands Worldwide 506

nandemoari writes "It seems not even Microsoft is impervious to the effects of this increasingly painful recession. According to reports, the Redmond-based company is preparing to lay off about 17 per cent of its entire workforce in the coming months. Despite its portfolio diversity — including operating systems, antivirus software, and video game consoles — Microsoft is clearly feeling the pressure applied by a tightening global economy. In fact, there seems to be a sense of emergency to the massive cuts (about 15,000 workers out of 90,000), which rumors suggest should be made official by January 15."

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